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Lockport 60441
2021 Sequoia Way
$233,000
● House - Off Market

2021 Sequoia Way

LOCKPORT, IL 60441
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$395,710
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Look no more! Specious 2 story corner lot home has a family friendly floor plan  with 4 bedrooms,2.5 baths, formal dining room, gracious  living room, kitchen open to family room. Basement roughed & frammed for bathroom. Master suite w/whirlpool  & sep shower. Large rooms w/good closets space. Beautiful fenced-in back yard. Tremendous opportunity to make this home your very own.    PROPERTY BEING SOLD"AS-IS" CONDITION/NO DISCLOSURES/NO PEST INSPECTION/100% TAX PRORATION. BUYER RESPONSIBLE FOR INSPECTIONS, COMPLIANCE & ESCROWS AS NEEDED.BUYER TO VERIFY ROOM COUNT,ZONING&DIMENSIONS. Listing Broker & Seller assume no responsibility & make no guarantees/warranties or representations as to the availability or accuracy of the property information.HIGHEST AND BEST UNTIL 04/24/17 10 AM CST
Unit Size
2,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$106
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
2002

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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 #09488797)

Price History

Date / Event Date Event Price
May 31, 2017 Sold
Premium
Sold
Jan 28, 2017 Listed by Red Zone Realty Group Inc. $244,900
Listed by Red Zone Realty Group Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,368
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,283
  • Total Building Area: 4,179
  • Building Area: 2,391
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,391
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE VALLEY
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 20 IN PINE VALLEY UNIT ONE, A SUB OF PRT OF THE E1/2 NE1/4 OF SEC 26, T36N-R10E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880701

Geography

  • Parcel: 11-04-26-219-033
  • Lot: 20
  • Meridian: SEC 26 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5764
  • Longitude: -88.0473

    Address

  • Full Address: 2021 Sequoia Way
  • Legal Unit: 1
  • Address - House Number: 2021
  • Address - Street Name: Sequoia
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Lockport
  • Carrier Code: C055
  • 4-Digit Zip Code: 6322
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $815,456
  • Tax Rate Code Area: 1110

    Appraisal Valuation

  • Standard Deviation: 0.1592
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 360,549
  • High Value: 417,950
  • Low Value: 303,147

    Market Valuation

  • Market Total Value: $298,962
  • Market Land Value: $66,627
  • Market Improvement Value: $232,335

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $99,654
  • Assessed Land Value: $22,209
  • Assessed Improvements Value: $77,445

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2017
  • Current Sale Recording Date: Jul 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2017052985
  • Previous Sale Recording Date: Sep 13, 2016
  • Previous Sale Contract Date: Sep 01, 2016
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: UNK
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 Lockport

Stats & Trends

Median Asking:

$389,695

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1963 ft²

Average Home Age

29.2 years

Currently For Sale

66 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: , Red Zone Realty Group Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09488797
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 2021 Sequoia Way built and last sold?
The property at 2021 Sequoia Way was built in 2002 and last sold on May 5, 2017 for $233,000.
How much is this home worth?
The estimated value of the home located at 2021 Sequoia Way is $0.
What are some comparable homes to 2021 Sequoia Way?
There are currently no comparable homes to 2021 Sequoia Way.
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