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Morris 60450
809 Burla Drive
$240,000
● House - Off Market

809 Burla Drive

MORRIS, IL 60450
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,518 Ft²
$514,889
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Fantastic 2 story home in MINT condition:Upgrades HVAC 2003. Cement Board Siding, W&D, W/softener 2007. New roof 2009. Patio & Walkway 2009 Fence 2010. Ref. Dishwasher, micro 2012 Kitchen and bathroom quartz counters 2012.  Hardwood flooring in kitchen, fam/rm and stairs.  A beautiful house and a pleasure to show.Full finished basement with recreation and exercise rm. 3 car garage. 3rd car is deep camper size.
Unit Size
2,518 Ft²
Days on Market
-
Land Size
-
Price per sqft
$101
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1989

Payment Calculator

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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 #08255112)

Price History

Date / Event Date Event Price
Apr 18, 2013 Sold
Premium
Sold
Jan 22, 2013 Listed by Advantage Realty, Inc $255,000
Listed by Advantage Realty, Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 10,890
  • Total Building Area: 2,192
  • Gross Building Area: 2,192
  • Building Area: 2,192
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,192
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD ESTATES
  • Land Acres: 0000000250
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LAKEWOOD ESTATES 3RD SUB LT 22 SEC 5-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000400

Geography

  • District: 03
  • Parcel: 05-05-426-004
  • Lot: 22
  • Meridian: SEC 05 TWN 33N RNG 07W
  • Municipality: ERIENNA TOWNSHIP
  • Latitude: 41.3636
  • Longitude: -88.4443

    Address

  • Full Address: 809 Burla Dr
  • Address - House Number: 809
  • Address - Street Name: Burla
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Morris
  • Carrier Code: C010
  • 4-Digit Zip Code: 2440
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $823,582
  • Tax Rate Code Area: 3002

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 331,146
  • High Value: 392,445
  • Low Value: 269,847

    Market Valuation

  • Market Total Value: $295,914
  • Market Land Value: $34,503
  • Market Improvement Value: $261,411

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,638
  • Assessed Land Value: $11,501
  • Assessed Improvements Value: $87,137

    Exemptions

  • Homeowner Exemption: Yes
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 Morris

Stats & Trends

Median Asking:

$307,000

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

43

Average Home Size

1933 ft²

Average Home Age

59 years

Currently For Sale

18 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: Joan Eslinger, Advantage Realty, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 08255112
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 809 Burla Drive built and last sold?
The property at 809 Burla Drive was built in 1989 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 809 Burla Drive is $0.
What are some comparable homes to 809 Burla Drive?
There are currently no comparable homes to 809 Burla Drive.
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