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Roscoe 61073
7359 TIMBER RIDGE Road
$423,000
● House - Off Market

7359 TIMBER RIDGE Road

ROSCOE, IL 61073
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$809,133
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model

About This Property

LOCATED IN BEAUTIFUL PROMONTORY. THIS CUSTOM BUILT HOME IS JUST 2 YEARS OLD & HAS APPROXIMATELY 4200 SF OF QUALITY LIVING SPACE. HICKORY HARDWOOD FLOORS, SPLIT BEDROOM FLOOR PLAN, GRANITE COUNTERTOPS, KITCHEN HEARTH ROOM, SCREENED PORCH OFF OF MBR SUITE. FULL WALK-OUT LL, 1/2 ACRE WOODED LOT. HSA HOME WARRANTY.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$771
HOA Dues
-
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,375
  • Garage Type: 7
  • Garage Square Area: 1,055
  • Parking Space Count: 4
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 2,555
  • Building Area: 2,555
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 11
  • Heated Square Feet: 2,555
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROMONTORY RDG SOUTH
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: PROMONTORY RIDGE SOUTH PT NW1/4 SEC 23-46-2 LOT 43

Neighborhood

  • School District Name: Hononegah Community High School District 207
  • Census Tract: 003903

Zoning

  • Zoning: R1 - SINGL

Geography

  • Parcel: 04-23-177-009
  • Lot: 43
  • Meridian: SEC 23 TWN 46 RANGE 2
  • Municipality: ROSCOE
  • Latitude: 42.4524
  • Longitude: -88.9729

    Address

  • Full Address: 7359 Timber Ridge Rd
  • Address - House Number: 7359
  • Address - Street Name: Timber Ridge
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Roscoe
  • Carrier Code: R011
  • 4-Digit Zip Code: 9719
  • Zip Code: 61073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,555,596
  • Tax Rate Code Area: 192

    Appraisal Valuation

  • Standard Deviation: 0.1238
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 86
  • Final Value: 597,753
  • High Value: 671,794
  • Low Value: 523,712

    Market Valuation

  • Market Total Value: $505,098
  • Market Land Value: $59,928
  • Market Improvement Value: $445,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $168,366
  • Assessed Land Value: $19,976
  • Assessed Improvements Value: $148,390

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2019
  • Current Sale Recording Date: Jul 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20191022437
  • Previous Sale Recording Date: Apr 11, 2008
  • Previous Sale Contract Date: Apr 11, 2008
  • Previous Sale Amount: $423,000
  • Previous 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 Roscoe

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$151

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2376 ft²

Average Home Age

28.8 years

Currently For Sale

12 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: John Dowd, Dickerson & Nieman Realtors
Data Source: MRED, MLS# MRD06760663
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 7359 Timber Ridge Road built and last sold?
The property at 7359 Timber Ridge Road was built in 2006 and last sold on Jun 7, 2019 for $425,500.
How much is this home worth?
The estimated value of the home located at 7359 Timber Ridge Road is $583,167.
What are some comparable homes to 7359 Timber Ridge Road?
There are currently no comparable homes to 7359 Timber Ridge Road.
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