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Elgin 60124 Highland Avenue
948 Stonehaven Court
$262,500
● House - Off Market

948 Stonehaven Court

ELGIN, IL 60124
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,538 Ft²
$489,595
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

JUST REDUCED! IMMACULATE! Brick&sided, 3 1/2 baths,beautiful foyer,huge eat in kitchen,newly finished wood floor,silesstone counters,large family room w/built in fireplace bookcases, office, dining room w/ bay window,2nd floor master bedroom with newly remodeled master bath, + 2 nice size bedrooms,2nd floor laundry,finished basement with fireplace,bedroom,full bath. Professionally landscaped yard, hot tub,brick patio
Unit Size
2,538 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$108
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1990

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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 #08862529)

Price History

Date / Event Date Event Price
Jun 19, 2015 Sold
Premium
Sold
Mar 16, 2015 Listed by Max Sell $275,000
Listed by Max Sell

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 1,313
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Frontage Feet: 530
  • Total Building Area: 3,851
  • Gross Building Area: 3,851
  • Building Area: 2,538
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,538
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND GLEN
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: HIGHLAND GLEN UNIT 2 LOT 84

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851910

Geography

  • Parcel: 06-08-204-019
  • Lot: 84
  • Municipality: ELGIN
  • Latitude: 42.0556
  • Longitude: -88.3485

    Address

  • Full Address: 948 Stonehaven Dr
  • Legal Unit: 2
  • Address - House Number: 948
  • Address - Street Name: Stonehaven
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: R028
  • 4-Digit Zip Code: 2306
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $957,370
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 437,289
  • High Value: 505,126
  • Low Value: 369,452

    Market Valuation

  • Market Total Value: $349,367
  • Market Land Value: $88,676
  • Market Improvement Value: $260,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,409
  • Assessed Land Value: $29,547
  • Assessed Improvements Value: $86,862

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2015
  • Current Sale Recording Date: Jul 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015K035940

    Financing

  • First Mortgage Financing Type: FIX
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 Northwest Elgin

Stats & Trends

Median Asking:

$369,450

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1641 ft²

Average Home Age

44.4 years

Currently For Sale

38 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 208 Timber Trails Boulevard, Gilberts, IL, 60136

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,524 ft²
208 Timber Trails Boulevard, Gilberts, IL, 60136 Listing by Tracy Tran

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lory Prestidge, Max Sell
Last Updated: 3 years ago
Data Source: MRED, MLS# 08862529
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 948 Stonehaven Court built and last sold?
The property at 948 Stonehaven Court was built in 1990 and last sold on Jun 19, 2015 for $262,500.
How much is this home worth?
The estimated value of the home located at 948 Stonehaven Court is $291,292.
What are some comparable homes to 948 Stonehaven Court?
There are currently no comparable homes to 948 Stonehaven Court.
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