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New Lenox 60451
103 Terry Ellen Lane
$237,500
● House - Off Market

103 Terry Ellen Lane

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
2 Baths
$265,711
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Solid built Ranch home on North side of New Lenox ~ 3 bedroom 2 bath with full, unfinished basement ~ home sits on almost a half acre! ~ Roof replaced in 2014 ~ Bring your ideas and sweat equity and make this diamond in the rough SHINE! Home is being sold 'AS IS'
Unit Size
-
Days on Market
-
Land Size
0.38 acres
Price per sqft
-
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
-

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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 #11101191)

Price History

Date / Event Date Event Price
Jul 7, 2021 Sold
Premium
Sold
May 26, 2021 Listed by Dunn & Niemann Real Estate $229,900
Listed by Dunn & Niemann Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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: 16,633
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNNY MEADOWS SUB ,A SUB
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 13 IN SUNNY MEADOWS SUB ,A SUB OF PRT OF THE N1/2 OF THE S1/2 OF THE NE1/4 OF THE NE1/4 OF SEC 9, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881108

Geography

  • Parcel: 15-08-09-203-015
  • Lot: 13
  • Meridian: SEC 09 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.539
  • Longitude: -87.9671

    Address

  • Full Address: 103 Terry Ellen Ln
  • Address - House Number: 103
  • Address - Street Name: Terry Ellen
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C009
  • 4-Digit Zip Code: 1143
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $672,836
  • Tax Rate Code Area: 1520

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 318,253
  • High Value: 367,668
  • Low Value: 268,837

    Market Valuation

  • Market Total Value: $259,992
  • Market Land Value: $58,476
  • Market Improvement Value: $201,516

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,664
  • Assessed Land Value: $19,492
  • Assessed Improvements Value: $67,172

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021086756

    Financing

  • First Mortgage Financing Type: ADJ
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 New Lenox

Stats & Trends

Median Asking:

$442,404

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2246 ft²

Average Home Age

29.5 years

Currently For Sale

47 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: Cheryl Colanto, Dunn & Niemann Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11101191
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 103 Terry Ellen Lane built and last sold?
The property at 103 Terry Ellen Lane was built in and last sold on Jun 23, 2021 for $237,500.
How much is this home worth?
The estimated value of the home located at 103 Terry Ellen Lane is $0.
What are some comparable homes to 103 Terry Ellen Lane?
There are currently no comparable homes to 103 Terry Ellen Lane.
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