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Spring Grove 60081 North Ridge
8806 ST MORITZ DRIVE
$404,000
● House - Off Market

8806 ST MORITZ DRIVE

SPRING GROVE, IL 60081
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$710,449
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

2.2 acres partially wooded with nature trail in established neighborhood. 2 story foyer with custom Italian tile, large kitchen/breakfast area open to large family room with fireplace and large windows overlooking bi-level deck. Whole house audio/network setup with high-speed cable and security system, 6 panel solid doors, and cherry cabinetry throughout. MLS ID 06207297
Unit Size
2,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
$737
HOA Dues
$3
Year Built
2004

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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
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,674
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 95,832
  • Total Building Area: 4,740
  • Building Area: 3,066
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,066
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH RIDGE SUB
  • Land Acres: 0000002200
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2017R0023121 LT 2 NORTH RIDGE SUB

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870104

Geography

  • Subdivision Tract Number: 50
  • Parcel: 04-23-276-002
  • Block: 276
  • Lot: 2
  • Municipality: RICHMOND TWP
  • Latitude: 42.4543
  • Longitude: -88.2609

    Address

  • Full Address: 8806 Saint Moritz Dr
  • Address - House Number: 8806
  • Address - Street Name: Saint Moritz
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Spring Grove
  • Carrier Code: R006
  • 4-Digit Zip Code: 9258
  • Zip Code: 60081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,030,016
  • Tax Rate Code Area: 04010

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 476,345
  • High Value: 551,002
  • Low Value: 401,688

    Market Valuation

  • Market Total Value: $374,760
  • Market Land Value: $98,343
  • Market Improvement Value: $276,417

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,920
  • Assessed Land Value: $32,781
  • Assessed Improvements Value: $92,139

    Sales

  • Current Sale Contract Date: Jun 15, 2017
  • Current Sale Recording Date: Jun 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2017R0023121
  • Previous Sale Recording Date: Apr 03, 2007
  • Previous Sale Contract Date: Mar 28, 2007
  • Previous Sale Amount: $404,000
  • 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 North Ridge

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$197

Above Asking

0.00%

Average Days on Market

25

Average Home Size

2962 ft²

Average Home Age

31.7 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

Unit for rent at 2103 Main Street Road, Spring Grove, IL, 60081

$1,485 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
2103 Main Street Road #A, Spring Grove, IL, 60081 Listing by Maren Messenger

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Picciariello, Prello Realty, Inc.
Data Source: MRED, MLS# MRD06207297
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 8806 St Moritz Drive built and last sold?
The property at 8806 St Moritz Drive was built in 2004 and last sold on Jun 15, 2017 for $362,000.
How much is this home worth?
The estimated value of the home located at 8806 St Moritz Drive is $343,299.
What are some comparable homes to 8806 St Moritz Drive?
There are currently no comparable homes to 8806 St Moritz Drive.
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