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Kane 60124
9n483 MUIRHEAD Road
$355,000
● House - Off Market

9n483 MUIRHEAD Road

ELGIN, IL 60124
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,700 Ft²
$771,685
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

PASSIVE SOLAR HOME,4 BDR 2 BATHS,2X6 WALLS WITH R30 INSULATION,R38 ATTIC INSULATION,LOW HEATING BILLS,NEW ROOF,6.25 ACRES OF WOODS PLANTED WITH WHITE PINES AND EXOTIC TREES,STREAM ON EDGE OF PROPERTY,36X24 STORAGE SHED WITH CONCRETE FLOOR,ORIGINAL OWNER CUSTOM BUILT,PRIVACY ONE CAN'T IMAGINE,OAK WOOD WORK,A PAINTING CONTRACTOR LIVES HERE AND IT SHOWS,DEER EVERYWHERE,ONES OWN PRIVATE SANCTUARY.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1987

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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 #08161439)

Price History

Date / Event Date Event Price
Mar 29, 2013 Sold
Premium
Sold
Sep 17, 2012 Listed by Max Sell $375,000
Listed by Max Sell

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,362
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 4
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 243,065
  • Total Building Area: 1,362
  • Gross Building Area: 1,362
  • Building Area: 1,362
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,362
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005580
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 850709

Geography

  • Parcel: 05-27-300-036
  • Municipality: PLATO
  • Latitude: 42.0047
  • Longitude: -88.4253

    Address

  • Full Address: 9n483 Muirhead Rd
  • Address - House Number: 9n483
  • Address - Street Name: Muirhead
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Elgin
  • Carrier Code: R002
  • 4-Digit Zip Code: 8357
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,432,778
  • Tax Rate Code Area: PL013

    Appraisal Valuation

  • Standard Deviation: 0.1346
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 84
  • Final Value: 690,933
  • High Value: 783,966
  • Low Value: 597,901

    Market Valuation

  • Market Total Value: $525,078
  • Market Land Value: $149,559
  • Market Improvement Value: $375,519

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $174,956
  • Assessed Land Value: $49,833
  • Assessed Improvements Value: $125,123

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020K053799
  • Previous Sale Recording Date: Apr 04, 2013
  • Previous Sale Contract Date: Mar 25, 2013
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: 69

    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 Kane

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$216

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2380 ft²

Average Home Age

32.9 years

Currently For Sale

862 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: Pat Prestidge, Max Sell
Last Updated: 3 years ago
Data Source: MRED, MLS# 08161439
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 9N483 Muirhead Road built and last sold?
The property at 9N483 Muirhead Road was built in 1987 and last sold on Aug 27, 2020 for $510,000.
How much is this home worth?
The estimated value of the home located at 9N483 Muirhead Road is $0.
What are some comparable homes to 9N483 Muirhead Road?
There are currently no comparable homes to 9N483 Muirhead Road.
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