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Putnam
74 Lake Thunderbird Drive
$63,000
● House - Off Market

74 Lake Thunderbird Drive

Putnam, IL 61560
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$2,500,855
Est. Monthly
$125
HOA / Fees

About This Property

Great opportunity to build your own fulltime or vacation house.  Property lists of 3 adjacent lots. Center Lot includes 2 Car Garage and ready to build foundation 26Ft X 38Ft. Electric,Water and Sewer already there ready to be hooked up to the new house.  Seller have a proposed building plan that has been approved by HOA and County. You can use existing plan or build your own. Property Backs out to common area and is almost 1 acre.  Don't miss this great opportunity to own your dream house.  For more information please contact Listing agent
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$53
Property Type
House
Property Taxes
$2,500,420
HOA Dues
$125
Year Built
-

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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
Garage

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: 15,045
  • 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: LK THUNDERBIRD HLS 3
  • Land Acres: 0000000345
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LK THUNDERBIRD HLS 3 LOT 621

Neighborhood

  • School District Name: Henry-Senachwine Consolidated Unit School District 5
  • Census Tract: 954600

Geography

  • District: 3
  • Parcel: 03-00-049-280
  • Lot: 621
  • Municipality: SENACHWINE
  • Latitude: 41.2074
  • Longitude: -89.4316

    Address

  • Full Address: 74 Lake Thunderbird Dr
  • Address - House Number: 74
  • Address - Street Name: Lake Thunderbird
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Putnam
  • Carrier Code: R004
  • 4-Digit Zip Code: 9757
  • Zip Code: 61560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $124,206
  • Tax Rate Code Area: 03004

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: May 31, 2023
  • Confidence Score: 61
  • Final Value: 97,151
  • High Value: 123,136
  • Low Value: 71,166

    Market Valuation

  • Market Total Value: $63,993
  • Market Land Value: $5,859
  • Market Improvement Value: $58,134

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,331
  • Assessed Land Value: $1,953
  • Assessed Improvements Value: $19,378

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2005
  • Current Sale Recording Date: Sep 21, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 51090
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 Putnam

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1525 ft²

Average Home Age

43.9 years

Currently For Sale

17 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: Andrzej Niedzwiedz, Thomas J. Swan Realty
Data Source: MRED, MLS# MRD12315606
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 74 Lake Thunderbird Drive built and last sold?
The property at 74 Lake Thunderbird Drive was built in and last sold on Sep 21, 2005 for $80,000.
How much is this home worth?
The estimated value of the home located at 74 Lake Thunderbird Drive is $0.
What are some comparable homes to 74 Lake Thunderbird Drive?
There are currently no comparable homes to 74 Lake Thunderbird Drive.
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