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Crest Hill 60403
20450 Spruce Lane
$209,000
● House - Off Market

20450 Spruce Lane

CREST HILL, IL 60403
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,768 Ft²
$342,236
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Original Owners have taken care of this beautiful 2 story  home. The kitchen has been recently updated with granite counter tops, maple cabinets, and ceramic tile flooring in the kitchen and breakfast area. 1st floor has a living room, family room, 1.5 bath, kitchen and breakfast area. The 2nd floor has 3 bedrooms and 2 full baths, newer laminate wood flooring throughout upper level. Full unfinished basement waiting for your finishing ideas. Great location, near expressways, minutes to the mall, shopping, and more.
Unit Size
1,768 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$119
Property Type
House
Property Taxes
$337
HOA Dues
$20
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 #09473758)

Price History

Date / Event Date Event Price
Apr 14, 2017 Sold
Premium
Sold
Jan 8, 2017 Listed by Keller Williams Preferred Realty $209,900
Listed by Keller Williams Preferred Realty

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: 782
  • Garage Type: 1
  • Garage Square Area: 36
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,808
  • Total Building Area: 2,586
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARBOR GLEN
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 11 IN ARBOR GLEN, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 20, T36N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 884103

Geography

  • Parcel: 11-04-20-102-032
  • Lot: 11
  • Meridian: SEC 20 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5919
  • Longitude: -88.1148

    Address

  • Full Address: 20450 Spruce Ln
  • Address - House Number: 20450
  • Address - Street Name: Spruce
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crest Hill
  • Carrier Code: R021
  • 4-Digit Zip Code: 0740
  • Zip Code: 60403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $599,506
  • Tax Rate Code Area: 1105

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 79
  • Final Value: 311,580
  • High Value: 362,350
  • Low Value: 260,809

    Market Valuation

  • Market Total Value: $242,982
  • Market Land Value: $57,957
  • Market Improvement Value: $185,025

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,994
  • Assessed Land Value: $19,319
  • Assessed Improvements Value: $61,675

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2017
  • Current Sale Recording Date: May 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017035506
  • Previous Sale Recording Date: Jan 24, 2003
  • Previous Sale Contract Date: Dec 31, 2002
  • Previous Sale Amount: $188,500
  • 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
Request mortgage information redaction

Comparables

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

About Crest Hill

Stats & Trends

Median Asking:

$284,950

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1545 ft²

Average Home Age

32.9 years

Currently For Sale

29 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

Rentals Near You

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MRED

Listed by: , Keller Williams Preferred Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09473758
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 20450 Spruce Lane built and last sold?
The property at 20450 Spruce Lane was built in 2002 and last sold on Apr 14, 2017 for $209,000.
How much is this home worth?
The estimated value of the home located at 20450 Spruce Lane is $0.
What are some comparable homes to 20450 Spruce Lane?
There are currently no comparable homes to 20450 Spruce Lane.
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