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Coal City 60416
885 Pheasant Lane
$246,000
● House - Off Market

885 Pheasant Lane

COAL CITY, IL 60416
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,108 Ft²
$403,789
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

You have found the one! Extremely well maintained. 2,108 square foot two story. Three bedrooms and a fourth in basement (nearly completed) Kitchen features include stainless steel appliances, stone back splash, hardwood flooring and access to formal dining room. Family room has cathedral ceiling with wood beam accent and great view of yard. Separate living room that could be used as office. Second floor laundry. Large master bedroom with two custom closets and master bath. Fenced yard, spacious patio and built in fire pit. Located close to schools, downtown Coal City and I55. Call your REALTOR today!
Unit Size
2,108 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$119
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
2010

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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 #09506408)

Price History

Date / Event Date Event Price
May 5, 2017 Sold
Premium
Sold
Feb 16, 2017 Listed by Coldwell Banker The Real Estate Group $249,900
Listed by Coldwell Banker The Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • 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: 13,504
  • Total Building Area: 2,108
  • Gross Building Area: 2,108
  • Building Area: 2,108
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,108
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: QUAIL RUN SUBDIVISION FIFTH ADDITION
  • Land Acres: 0000000310
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: QUAIL RUN SUB 5TH ADD LT 17 SEC 3-32-8

Neighborhood

  • School District Name: Coal City Community Unit School District 1
  • Census Tract: 000800

Geography

  • District: 02
  • Parcel: 09-03-379-009
  • Lot: 17
  • Meridian: SEC 03 TWN 32N RNG 08W
  • Municipality: BRACEVILLE TOWNSHIP
  • Latitude: 41.2759
  • Longitude: -88.2985

    Address

  • Full Address: 885 Pheasant Ln
  • Address - House Number: 885
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Coal City
  • Carrier Code: C004
  • 4-Digit Zip Code: 2464
  • Zip Code: 60416

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $620,113
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 74
  • Final Value: 320,996
  • High Value: 383,075
  • Low Value: 258,917

    Market Valuation

  • Market Total Value: $260,214
  • Market Land Value: $50,595
  • Market Improvement Value: $209,619

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,738
  • Assessed Land Value: $16,865
  • Assessed Improvements Value: $69,873

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2017
  • Current Sale Recording Date: May 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 569695

    Financing

  • First Mortgage Financing Type: UNK
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 Coal City

Stats & Trends

Median Asking:

$282,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1475 ft²

Average Home Age

54 years

Currently For Sale

10 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

Rentals Near You

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MRED

Listed by: Lori Bonarek, Coldwell Banker The Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09506408
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 885 Pheasant Lane built and last sold?
The property at 885 Pheasant Lane was built in 2010 and last sold on May 5, 2017 for $246,000.
How much is this home worth?
The estimated value of the home located at 885 Pheasant Lane is $0.
What are some comparable homes to 885 Pheasant Lane?
There are currently no comparable homes to 885 Pheasant Lane.
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