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Monticello 61856
707 CRESTVIEW Drive
$200,000
● House - Off Market

707 CRESTVIEW Drive

Monticello, IL 61856
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,930 Ft²
$205,408
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

VERY WELL MAINTAINED 3 BEDROOM, 3 BATH HOME WITH PARTIAL BASEMENT.   MOVE IN READY. NOT FAR FROM DOWNTOWN AND SCHOOLS.  DON'T MISS OUT ON THIS ONE.  14X 26 ADDITION IN 1998, FURNACE AND CENTRAL AIR 2003, ROOF 2009, WINDOWS 1993. GARDEN SHED. FREEZER IN BASEMENT STAYS.  ALL APPLIANCES "AS IS"  THEY WORK FINE BUT AS IS.  HOME WAS SOLD BUT BUYERS GOT COLD FEET.
Unit Size
1,930 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$102
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11453142)

Price History

Date / Event Date Event Price
Sep 27, 2022 Sold
Premium
Sold
Jul 1, 2022 Listed by KELLER WILLIAMS-TREC-MONT $197,500
Listed by KELLER WILLIAMS-TREC-MONT

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 900
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTVIEW ADDITION
  • Land Acres: 0000000248
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: CRESTVIEW ADDITION LOT 32 52 24 5

Neighborhood

  • School District Name: Monticello Community Unit School District 25
  • Census Tract: 954600

Geography

  • District: 05
  • Parcel: 05-00-54-001-587-00
  • Lot: 5,24
  • Municipality: MONTICELLO TOWNSHIP
  • Latitude: 40.0201
  • Longitude: -88.562

    Address

  • Full Address: 707 Crest View Dr
  • Address - House Number: 707
  • Address - Street Name: Crest View
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Monticello
  • Carrier Code: R004
  • 4-Digit Zip Code: 2206
  • Zip Code: 61856

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $455,748
  • Tax Rate Code Area: 05033

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 93
  • Final Value: 193,402
  • High Value: 209,993
  • Low Value: 176,811

    Market Valuation

  • Market Total Value: $205,725
  • Market Land Value: $35,856
  • Market Improvement Value: $169,869

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,575
  • Assessed Land Value: $11,952
  • Assessed Improvements Value: $56,623

    Sales

  • Current Sale Contract Date: Sep 18, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Monticello

Stats & Trends

Median Asking:

$262,500

Sale Price/ft²

$157

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2620 ft²

Average Home Age

32 years

Currently For Sale

13 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2 Hedgerow Court, Monticello, IL, 61856

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,976 ft²
2 Hedgerow Court, Monticello, IL, 61856 Listing by Natalie Nielsen

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Carol Hawkins, KELLER WILLIAMS-TREC-MONT
Last Updated: 3 years ago
Data Source: MRED, MLS# 11453142
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 707 Crestview Drive built and last sold?
The property at 707 Crestview Drive was built in and last sold on Sep 18, 2022 for $200,000.
How much is this home worth?
The estimated value of the home located at 707 Crestview Drive is $205,996.
What are some comparable homes to 707 Crestview Drive?
There are currently no comparable homes to 707 Crestview Drive.
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