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Spring Grove 60081 Spring Grove Estates
7211 Pierceshire Road
$269,900
● House - Off Market

7211 Pierceshire Road

SPRING GROVE, IL 60081
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,556 Ft²
$439,590
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Here is your chance to live in a lovely neighborhood near Pierce Park, with highly rated schools. Wonderful 2 story with plentiful sunlight on a landscaped acre lot with a fenced backyard.Large Deck for a summer's BBQ and a roll out awning.Big 3 car garage and a full basement.The Master and 2nd bedrooms have wonderful walk in closets. Large kitchen, formal dining and living room. There is room for everyone in the family room with a floor to ceiling fireplace. Newer gutters, garage doors,furnace blower and water heater. Needs some updating but priced accordingly.
Unit Size
2,556 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$108
Property Type
House
Property Taxes
$712
HOA Dues
-
Year Built
1993

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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 #09595140)

Price History

Date / Event Date Event Price
Jul 29, 2017 Listed $275,000
Listed
The manager has listed the unit size as 2556 square feet.
Jul 27, 2017 Sold
Premium
Sold
Apr 13, 2017 Listed by RE/MAX Plaza $275,000
Listed by RE/MAX Plaza

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,590
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 4,146
  • Building Area: 2,556
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,556
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING GROVE ESTATES
  • Land Acres: 0000000930
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2017R0028221 LT 23 SPRING GROVE ESTATES

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870105

Geography

  • Parcel: 04-26-379-006
  • Block: 379
  • Lot: 23
  • Municipality: RICHMOND TWP
  • Latitude: 42.4312
  • Longitude: -88.2674

    Address

  • Full Address: 7211 Pierceshire Rd
  • Address - House Number: 7211
  • Address - Street Name: Pierceshire
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Spring Grove
  • Carrier Code: R001
  • 4-Digit Zip Code: 8414
  • Zip Code: 60081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $659,758
  • Tax Rate Code Area: 04010

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 379,618
  • High Value: 442,472
  • Low Value: 316,764

    Market Valuation

  • Market Total Value: $246,516
  • Market Land Value: $58,974
  • Market Improvement Value: $187,542

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,172
  • Assessed Land Value: $19,658
  • Assessed Improvements Value: $62,514

    Sales

  • Current Sale Contract Date: Jul 27, 2017
  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2017R0028221
  • Previous Sale Recording Date: Nov 14, 1995
  • Previous Sale Contract Date: Nov 10, 1995
  • Previous Sale Amount: $262,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Spring Grove Estates

Stats & Trends

Median Asking:

$600,000

Sale Price/ft²

$159

Above Asking

0.00%

Average Days on Market

51

Average Home Size

3728 ft²

Average Home Age

25 years

Currently For Sale

0 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

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MRED

Listed by: , RE/MAX Plaza
Last Updated: 3 years ago
Data Source: MRED, MLS# 09595140
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 7211 Pierceshire Road built and last sold?
The property at 7211 Pierceshire Road was built in 1993 and last sold on Jul 27, 2017 for $270,000.
How much is this home worth?
The estimated value of the home located at 7211 Pierceshire Road is $0.
What are some comparable homes to 7211 Pierceshire Road?
There are currently no comparable homes to 7211 Pierceshire Road.
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