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Geneva 60134
887 Sterling Avenue
$469,900
● House - Off Market

887 Sterling Avenue

Geneva, IL 60134
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,800 Ft²
$494,793
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Absolutely Gorgeous Sterling Manor home~Beautiful Hardwood floors~Updated kitchen with stainless appliances, backsplash and island~4 huge bedrooms with Hardwood floors and walk-in closets~Primary bedroom with quaint sitting area and luxurious bathroom~So much new and updated: Roof-2020, Furnace-8 years, water heater-2019, New Gutters-2020, Exterior siding and trim stained-2020, deck-2017, Entire interior painted-2021, kitchen updates with appliances-2018~Gorgeous yard with custom deck, irrigation system and organic lawn and garden~Full basement~Lovingly cared for and ready for a new family!
Unit Size
2,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$168
Property Type
House
Property Taxes
$906
HOA Dues
-
Year Built
1994

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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.

Last updated: 3 years ago (MRED MLS #11301287)

Price History

Date / Event Date Event Price
Feb 25, 2022 Sold
Premium
Sold
Jan 10, 2022 Listed by RE/MAX Excels $469,900
Listed by RE/MAX Excels

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,317
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,119
  • Total Building Area: 4,117
  • Gross Building Area: 4,117
  • Building Area: 2,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STERLING MANOR
  • Land Acres: 0000000301
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: STERLING MANOR UNIT # 3 LOT # 137

Neighborhood

  • School District Name: Geneva Community Unit School District 304
  • Census Tract: 854800

Geography

  • Parcel: 12-08-176-027
  • Lot: 137
  • Municipality: GENEVA
  • Latitude: 41.8765
  • Longitude: -88.3537

    Address

  • Full Address: 887 Sterling Ave
  • Legal Unit: 3
  • Address - House Number: 887
  • Address - Street Name: Sterling
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Geneva
  • Carrier Code: R062
  • 4-Digit Zip Code: 3948
  • Zip Code: 60134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,132,212
  • Tax Rate Code Area: GE005

    Appraisal Valuation

  • Standard Deviation: 0.1475
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 533,887
  • High Value: 612,681
  • Low Value: 455,094

    Market Valuation

  • Market Total Value: $424,976
  • Market Land Value: $105,735
  • Market Improvement Value: $319,241

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $141,602
  • Assessed Land Value: $35,231
  • Assessed Improvements Value: $106,371

    Sales

  • Current Sale Contract Date: Feb 17, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11181
  • Previous Sale Recording Date: Aug 22, 2003
  • Previous Sale Contract Date: Jul 25, 2003
  • Previous Sale Amount: $370,500
  • Previous Sale Document Type: 27
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 Geneva

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1977 ft²

Average Home Age

52.1 years

Currently For Sale

46 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 2268 Vanderbilt Drive, Geneva, IL, 60134

$2,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,466 ft²
2268 Vanderbilt Drive #2268, Geneva, IL, 60134 Listing by Christine Coleman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Stephanie Gosselin, RE/MAX Excels
Last Updated: 3 years ago
Data Source: MRED, MLS# 11301287
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 887 Sterling Avenue built and last sold?
The property at 887 Sterling Avenue was built in 1994 and last sold on Feb 17, 2022 for $470,000.
How much is this home worth?
The estimated value of the home located at 887 Sterling Avenue is $488,983.
What are some comparable homes to 887 Sterling Avenue?
There are currently no comparable homes to 887 Sterling Avenue.
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