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New Lenox 60451
2950 Horizon Trail
$440,000
● House - Off Market

2950 Horizon Trail

New Lenox, IL 60451
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,400 Ft²
$484,751
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

{SOLD BEFORE PRINT}  Impressive 2-story home with a unique front entry.  S-P-A-C-I-O-U-S, versatile floor plan is perfect for daily living and entertaining.  MAIN LEVEL:  Inviting Foyer | Living/Dining Room | Granite Kitchen with Huge Dinette | Family Room with Fireplace | Private Study | Mudroom/Laundry.  SECOND LEVEL:  4 big Bedrooms all with a WIC, including a lovely Master Suite | Full Hall Bath | Potential Bonus Area Over Garage (Attic).  NOTABLES:  Full Basement with 9' Ceiling and a Rough-In | 3-Car Garage | Custom Brick Paver Patio | Professionally Landscaped with Sprinkler System.
Unit Size
3,400 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$129
Property Type
House
Property Taxes
$866
HOA Dues
$17
Year Built
2007

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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 #11256165)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Oct 26, 2021 Listed by Baird & Warner $440,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 11,475
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HORIZON MEADOWS UNIT ONE
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 80 IN HORIZON MEADOWS UNIT ONE, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 OF SEC. 33, T35N-R11E.

Neighborhood

  • School District Name: New Lenox School District 122
  • Census Tract: 881112

Geography

  • Parcel: 15-08-33-309-005
  • Lot: 80
  • Meridian: SEC 33 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4695
  • Longitude: -87.9764

    Address

  • Full Address: 2950 Horizon Trl
  • Legal Unit: 1
  • Address - House Number: 2950
  • Address - Street Name: Horizon
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R014
  • 4-Digit Zip Code: 3401
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,125,374
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 489,381
  • High Value: 560,824
  • Low Value: 417,938

    Market Valuation

  • Market Total Value: $408,186
  • Market Land Value: $94,143
  • Market Improvement Value: $314,043

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $136,062
  • Assessed Land Value: $31,381
  • Assessed Improvements Value: $104,681

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2021
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2022001949
  • Previous Sale Recording Date: Jul 22, 2010
  • Previous Sale Contract Date: Jul 15, 2010
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: 27

    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 New Lenox

Stats & Trends

Median Asking:

$447,900

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2210 ft²

Average Home Age

30.1 years

Currently For Sale

47 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: Jessica Giroux, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11256165
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 2950 Horizon Trail built and last sold?
The property at 2950 Horizon Trail was built in 2007 and last sold on Dec 4, 2021 for $440,000.
How much is this home worth?
The estimated value of the home located at 2950 Horizon Trail is $0.
What are some comparable homes to 2950 Horizon Trail?
There are currently no comparable homes to 2950 Horizon Trail.
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