See Home Value
$582,000
● House - Off Market

1116 Selma Lane

Naperville, IL 60540
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,347 Ft²
$3,710
Est. Monthly
5.67%
Cap Rate

About This Property

This beautifully updated 4-bedroom, 2.5-bathroom home is in a prime location near Springbrook Prairie, offering easy access to shopping, the Metra station, and vibrant downtown Naperville with its array of restaurants. It's also within walking distance to Cowlishaw Elementary School, making it ideal for families. Recent updates include a new roof and siding in 2019, sleek stainless steel appliances, and fresh LVP flooring installed in 2024. The full bathroom upstairs was remodeled in 2021, and the kitchen received a modern facelift with updated cabinets and countertops in 2018. The finished basement, complete with new carpeting added in 2024, provides extra living space, while fresh paint and updated light fixtures throughout give the home a current, refreshed look. Step outside to enjoy the large deck and fully fenced yard, perfect for outdoor entertaining.  This one won't last at this price, location, and condition!
Unit Size
2,347 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$254
Property Type
House
Property Taxes
$788
HOA Dues
-
Year Built
1993

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12197029)

Price History

Date / Event Date Event Price
Dec 16, 2024 Sold
Sold
Nov 13, 2024 In contract -
In contract
Oct 25, 2024 Listed by RE/MAX of Naperville $595,000
Listed by RE/MAX of Naperville
Oct 22, 2024 Temporarily off market -
Temporarily off market
Oct 9, 2024 In contract -
In contract
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 796
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 111
  • Lot Size Frontage Feet: 59
  • Total Building Area: 3,143
  • Gross Building Area: 3,143
  • Building Area: 2,347
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,347
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD CROSSING UNIT 1
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: LAKEWOOD CROSSING UNIT 1 ALL

Neighborhood

  • School District Name: Indian Prairie Community Unit School District 204
  • School Tax School District: DISTRICT 204
  • Census Tract: 846522

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3202-E2
  • Parcel: 07-27-204-029
  • Lot: 97
  • Municipality: NAPERVILLE
  • Latitude: 41.75
  • Longitude: -88.1891

    Address

  • Full Address: 1116 Selma Ln
  • Legal Unit: 1
  • Address - House Number: 1116
  • Address - Street Name: Selma
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Naperville
  • Carrier Code: R022
  • 4-Digit Zip Code: 0979
  • Zip Code: 60540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $919,324
  • Tax Rate Code Area: 7030

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 503,756
  • High Value: 588,946
  • Low Value: 418,566

    Market Valuation

  • Market Total Value: $421,560
  • Market Land Value: $113,400
  • Market Improvement Value: $308,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $140,520
  • Assessed Land Value: $37,800
  • Assessed Improvements Value: $102,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 10, 2003
  • Current Sale Recording Date: May 09, 2003
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2003-177112
  • Previous Sale Recording Date: May 10, 1999
  • Previous Sale Contract Date: Apr 05, 1999
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lakewood Crossing


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Frequently Asked Questions

When was property at 1116 Selma Lane built and last sold?
The property at 1116 Selma Lane was built in 1993 and last sold on Apr 10, 2003 for $290,000.
How much is this home worth?
The estimated value of the home located at 1116 Selma Lane is $601,163.
What are some comparable homes to 1116 Selma Lane?
There are currently no comparable homes to 1116 Selma Lane.