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Cary 60013 Candlewood Trails
821 Redwood Drive
$300,000
● House - Off Market

821 Redwood Drive

Cary, IL 60013
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,937 Ft²
$298,320
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

The major expenses have been done here: roof, siding, and gutters with leaf guards (14-15 years ago). Vinyl siding and windows replaced 10 years ago. Furnace replaced with a Trane 2-stage in 2017 and central air was new in 2022. Great neighborhood and location for this 4 bedroom home in Cary.  1937 square feet with a 3/4 unfinished basement and a slush coated crawl for storage.  Nice sized rooms throughout with a light and bright interior.  First floor living room and sunken family room off the kitchen.  Kitchen and foyer feature wood laminate flooring.   Private backyard with patio and a storage shed for all the extras.  Home could use some new paint and carpet.  Make it yours today!  Quick closing possible.
Unit Size
1,937 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
1983

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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 #11784736)

Price History

Date / Event Date Event Price
Aug 14, 2023 Sold
Premium
Sold
Jun 30, 2023 Listed by Keller Williams Success Realty $300,000
Listed by Keller Williams Success Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 572
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,509
  • Building Area: 1,937
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,937
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANDLEWOOD TRAILS
  • Land Acres: 0000000177
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2003R0070315 LT 150 CANDLEWOOD TRAILS UNIT 2

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871307

Geography

  • Parcel: 20-07-405-009
  • Block: 405
  • Lot: 150
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2173
  • Longitude: -88.2261

    Address

  • Full Address: 821 Redwood Dr
  • Legal Unit: 2
  • Address - House Number: 821
  • Address - Street Name: Redwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Cary
  • Carrier Code: C009
  • 4-Digit Zip Code: 1676
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $717,342
  • Tax Rate Code Area: 20007

    Appraisal Valuation

  • Standard Deviation: 0.1662
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 320,238
  • High Value: 373,490
  • Low Value: 266,987

    Market Valuation

  • Market Total Value: $262,827
  • Market Land Value: $65,643
  • Market Improvement Value: $197,184

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,609
  • Assessed Land Value: $21,881
  • Assessed Improvements Value: $65,728

    Sales

  • Current Sale Contract Date: Aug 07, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20038
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 Candlewood Trails

Stats & Trends

Median Asking:

$397,500

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

47

Average Home Size

2031 ft²

Average Home Age

42 years

Currently For Sale

0 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: Richard Toepper, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11784736
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 821 Redwood Drive built and last sold?
The property at 821 Redwood Drive was built in 1983 and last sold on Aug 7, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 821 Redwood Drive is $303,000.
What are some comparable homes to 821 Redwood Drive?
There are currently no comparable homes to 821 Redwood Drive.
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