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New Lenox 60451
1417 Nelson Road
$254,000
● House - Off Market

1417 Nelson Road

NEW LENOX, IL 60451
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$481,223
RealtyHop Estimate
81.59%
Since Jan 1, 2008
National-US
Primary Model

About This Property

Wonderful, well-maintained 4bedrm, 2.5 bath 3-step ranch w/finished basement on nicely landscaped lot! Large family rm w/brick woodburning fireplace & vaulted ceiling. Formal living &dining rms. Kitchen w/tile flrs & peninsula. Master bath w/whirlpool, shower, vaulted ceiling. Walk-in closet in master bedroom. New roof 2001. 3 newer skylites. New shed (2006), fenced yard, deck, concrete driveway, att'd 2.5 car garage
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$470
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 #06616894)

Price History

Date / Event Date Event Price
Dec 28, 2007 Sold
Premium
Sold
Jul 23, 2007 Listed by CRIS REALTY $265,000
Listed by CRIS REALTY

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,325
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 850
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEBRIDGE UNIT #4
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 409 IN STONEBRIDGE UNIT 4, BEING A SUB OF PRT OF THE E1/2 OF THE NE1/4 OF SEC 29, T35N-R11E.

Neighborhood

  • School District Name: Union School District 81
  • Census Tract: 881112

Geography

  • Parcel: 15-08-29-203-010
  • Lot: 409
  • Meridian: SEC 29 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4905
  • Longitude: -87.9847

    Address

  • Full Address: 1417 Nelson Rd
  • Legal Unit: 4
  • Address - House Number: 1417
  • Address - Street Name: Nelson
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R014
  • 4-Digit Zip Code: 2320
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $716,798
  • Tax Rate Code Area: 1526

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 340,393
  • High Value: 391,598
  • Low Value: 289,189

    Market Valuation

  • Market Total Value: $270,195
  • Market Land Value: $73,335
  • Market Improvement Value: $196,860

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,065
  • Assessed Land Value: $24,445
  • Assessed Improvements Value: $65,620

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2007
  • Current Sale Recording Date: Jan 10, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2008004518
  • Previous Sale Recording Date: May 02, 1997
  • Previous Sale Contract Date: Apr 30, 1997
  • Previous Sale Amount: $176,000
  • 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 New Lenox

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2213 ft²

Average Home Age

30 years

Currently For Sale

49 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: Mariangela Tompkins, CRIS REALTY
Last Updated: 3 years ago
Data Source: MRED, MLS# 06616894
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 1417 Nelson Road built and last sold?
The property at 1417 Nelson Road was built in 1990 and last sold on Dec 28, 2007 for $254,000.
How much is this home worth?
The estimated value of the home located at 1417 Nelson Road is $0.
What are some comparable homes to 1417 Nelson Road?
There are currently no comparable homes to 1417 Nelson Road.
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