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Marseilles 61341
780 Opal Street
$60,000
● House - Off Market

780 Opal Street

Marseilles, IL 61341
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,325 Ft²
$133,196
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

3 bedroom ranch home on large scenic wooded lot.  Large living room.  Large basement with fireplace ready for finishing. Two car detached garage. Additional lot 31 x 154 with separate tax #24-18-110-017 with taxes of $29.78.  Lot size includes both parcels.
Unit Size
1,325 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$72
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1959

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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.

Last updated: 2 years ago (MRED MLS #10596474)

Price History

Date / Event Date Event Price
Jun 17, 2020 Sold
Premium
Sold
Dec 21, 2019 Listed by Janko Realty & Development $95,000
Listed by Janko Realty & Development

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 20,909
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEISTERS SUB
  • Land Acres: 0000000480
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: JACKSONS ADD SUB, LT 4 BLK 6 SEC 18-33-5

Neighborhood

  • School District Name: Marseilles Elementary School District 150
  • Census Tract: 962400

Geography

  • District: MA
  • Parcel: 24-18-110-012
  • Block: 6
  • Lot: 4
  • Meridian: SEC 18 TWN 33 RNG 05
  • Municipality: MANLIUS TOWNSHIP
  • Latitude: 41.3327
  • Longitude: -88.7007

    Address

  • Full Address: 780 Opal St
  • Address - House Number: 780
  • Address - Street Name: Opal
  • Address - Suffix Type: St
  • State: IL
  • City Name: Marseilles
  • Carrier Code: R004
  • 4-Digit Zip Code: 2073
  • Zip Code: 61341

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $220,034
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: MA005

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 66
  • Final Value: 128,142
  • High Value: 159,085
  • Low Value: 97,199

    Market Valuation

  • Market Total Value: $80,001
  • Market Land Value: $13,698
  • Market Improvement Value: $66,303

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,667
  • Assessed Land Value: $4,566
  • Assessed Improvements Value: $22,101

    Sales

  • Current Sale Contract Date: Mar 18, 2019
  • Current Sale Recording Date: Mar 22, 2019
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 201902990
  • Previous Sale Recording Date: Mar 04, 2013
  • Previous Sale Contract Date: Feb 15, 2013
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: 71
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 Marseilles

Stats & Trends

Median Asking:

$166,500

Sale Price/ft²

$129

Below Asking

0.02%

Average Days on Market

50

Average Home Size

43433 ft²

Average Home Age

88 years

Currently For Sale

9 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: Andrea Greenwalt, Janko Realty & Development
Last Updated: 2 years ago
Data Source: MRED, MLS# 10596474
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 780 Opal Street built and last sold?
The property at 780 Opal Street was built in 1959 and last sold on Mar 18, 2019 for $0.
How much is this home worth?
The estimated value of the home located at 780 Opal Street is $101,810.
What are some comparable homes to 780 Opal Street?
There are currently no comparable homes to 780 Opal Street.
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