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Naperville 60565 University Heights
1338 PURDUE Avenue
$390,000
● House - Off Market

1338 PURDUE Avenue

Naperville, IL 60565
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$407,041
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Sold in Private Listing Network.  Beautifully maintained and updated 4 bed/2-1/2 bath home in University Heights.  1/3 acre fenced yard with patio and shed. Kitchen with 42" high end maple cabinets and SS appliances, pantry and much more!  Award winning District 203 schools, desirable Meadow Glens Elementary.
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11690549)

Price History

Date / Event Date Event Price
Mar 13, 2023 Sold
Premium
Sold
Dec 30, 2022 Listed by Keller Williams Infinity $395,000
Listed by Keller Williams Infinity

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,584
  • Gross Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIVERSITY HEIGHTS UNIT 3A SUB
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: UNIVERSITY HEIGHTS UNIT 3A SUB & PUD ALL

Neighborhood

  • School District Name: Naperville Community Unit District 203
  • School Tax School District: DISTRICT 203
  • Census Tract: 846201

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3204-C4
  • Parcel: 08-33-310-001
  • Lot: 784
  • Municipality: LISLE
  • Latitude: 41.731
  • Longitude: -88.1032

    Address

  • Full Address: 1338 Purdue Ave
  • Legal Unit: 3
  • Address - House Number: 1338
  • Address - Street Name: Purdue
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Naperville
  • Carrier Code: C062
  • 4-Digit Zip Code: 2963
  • Zip Code: 60565

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $626,870
  • Tax Rate Code Area: 8043

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 403,103
  • High Value: 470,372
  • Low Value: 335,834

    Market Valuation

  • Market Total Value: $308,580
  • Market Land Value: $138,780
  • Market Improvement Value: $169,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,860
  • Assessed Land Value: $46,260
  • Assessed Improvements Value: $56,600

    Sales

  • Current Sale Contract Date: Mar 06, 2023
  • Current Sale Recording Date: Mar 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17984
  • Previous Sale Recording Date: Aug 07, 2013
  • Previous Sale Contract Date: Jul 18, 2013
  • Previous Sale Amount: $293,000
  • Previous Sale Document Type: 71
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 University Heights

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1865 ft²

Average Home Age

42.5 years

Currently For Sale

2 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 952 Norwood Court, Naperville, IL, 60540

$3,390 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
952 Norwood Court, Naperville, IL, 60540 Listing by Ryan Cherney
Unit for rent at 1858 Princeton Circle, Naperville, IL, 60565

$3,895 /mo

  • 4 Beds
  • 3 Baths
  • 2,800 ft²
1858 Princeton Circle, Naperville, IL, 60565 Listing by Frank Passaro

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tracey O'Connor, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11690549
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 1338 Purdue Avenue built and last sold?
The property at 1338 Purdue Avenue was built in 1984 and last sold on Mar 6, 2023 for $390,000.
How much is this home worth?
The estimated value of the home located at 1338 Purdue Avenue is $0.
What are some comparable homes to 1338 Purdue Avenue?
There are currently no comparable homes to 1338 Purdue Avenue.
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