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Braidwood 60408
780 W 3rd Street
$241,000
● House - Off Market

780 W 3rd Street

Braidwood, IL 60408
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$344,863
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

5 bedroom, 2.1 bath home on 1/2 acre! Plenty of space for all your needs. Open concept living room and dining room. Granite countertops in the kitchen, all appliances stay! The upstairs includes 5 bedrooms, loft, laundry room and upper deck. Enjoy your summer in the large fenced back yard with a three tiered deck, pool and outdoor sound system. Schedule your personal viewing now!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$118
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1997

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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 #10399259)

Price History

Date / Event Date Event Price
Jul 15, 2019 Sold
Premium
Sold
May 30, 2019 Listed by Lori Bonarek Realty $235,000
Listed by Lori Bonarek Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,760
  • Lot Size Depth Feet: 2,970
  • Lot Size Frontage Feet: 800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEER TRAILS
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT A IN DEER TRAILS SUB, A RESUB OF LOTS 18, 19, 20 IN BLK 22 IN C W COAL CO'S TOWN OF BRAIDWOOD, BEING A SUB OF PRT OF TH

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884003

Geography

  • Parcel: 02-24-07-201-062
  • Block: 22
  • Lot: 18,19
  • Meridian: SEC 07 TWN 32N RNG 09E
  • Municipality: REED TWP
  • Latitude: 41.2711
  • Longitude: -88.2331

    Address

  • Full Address: 780 W 3rd St
  • Address - House Number: 780
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Braidwood
  • Carrier Code: C002
  • 4-Digit Zip Code: 1480
  • Zip Code: 60408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $555,422
  • Tax Rate Code Area: 0207

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 92
  • Final Value: 300,335
  • High Value: 326,875
  • Low Value: 273,795

    Market Valuation

  • Market Total Value: $260,352
  • Market Land Value: $29,667
  • Market Improvement Value: $230,685

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,784
  • Assessed Land Value: $9,889
  • Assessed Improvements Value: $76,895

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2019
  • Current Sale Recording Date: Jul 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019045555
  • Previous Sale Recording Date: Aug 12, 2004
  • Previous Sale Contract Date: Aug 06, 2004
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Braidwood

Stats & Trends

Median Asking:

$269,000

Sale Price/ft²

$194

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1221 ft²

Average Home Age

26.3 years

Currently For Sale

21 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 405 E Reed Street, Braidwood, IL, 60408

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
405 E Reed Street #15, Braidwood, IL, 60408 Listing by Gino Picciola

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lori Bonarek, Lori Bonarek Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 10399259
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 West 3rd Street built and last sold?
The property at 780 West 3rd Street was built in 1997 and last sold on Jun 11, 2019 for $241,000.
How much is this home worth?
The estimated value of the home located at 780 West 3rd Street is $237,350.
What are some comparable homes to 780 West 3rd Street?
There are currently no comparable homes to 780 West 3rd Street.
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