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DeKalb 60115 Fairview South
303 Serenity Lane
$193,000
● House - Off Market

303 Serenity Lane

DEKALB, IL 60115
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,737 Ft²
$308,912
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

WOW! Beautiful 4 bedroom, 3.5 bath, Open Concept Ranch Style home on a corner lot with maple hardwood floors and neutral decor. Get cozy in a living room that boasts a gas log fireplace and vaulted ceilings. You'll feel right at home. The kitchen offers stainless steel appliances and oak cabinetry as well as a breakfast bar and eat-in dining area. Large master bed w/carpeted flooring and attached master bath w/walk-in closet. Nice sized 2nd/3rd beds, both with carpeted flooring. All rooms are equipped w/ceiling fans for relaxation and comfort. Enormous, finished basement w/recessed lighting and carpet flooring throughout. Includes 4th bedroom, quiet office space, and bonus room attached to sizable full bath. Quiet neighborhood within .5 miles of elementary and middle schools. Easy access to I-88.
Unit Size
1,737 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$112
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
2003

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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 #09758041)

Price History

Date / Event Date Event Price
Dec 8, 2017 Sold
Premium
Sold
Sep 21, 2017 Listed by Coldwell Banker The Real Estate Group $195,000
Listed by Coldwell Banker The Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Full 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRVIEW SOUTH PH 01
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 27 - FAIRVIEW SOUTH - PHASE ONE

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001400

Zoning

  • Zoning: RC2

Geography

  • Account Number: 0834226011
  • District: DK
  • Subdivision Phase Number: 1
  • Parcel: 08-34-226-011
  • Lot: 27
  • Municipality: DEKALB
  • Latitude: 41.9065
  • Longitude: -88.7582

    Address

  • Full Address: 303 Serenity Ln
  • Address - House Number: 303
  • Address - Street Name: Serenity
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Dekalb
  • Carrier Code: R002
  • 4-Digit Zip Code: 9516
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $648,150
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 315,838
  • High Value: 370,422
  • Low Value: 261,255

    Market Valuation

  • Market Total Value: $230,463
  • Market Land Value: $29,460
  • Market Improvement Value: $201,003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,821
  • Assessed Land Value: $9,820
  • Assessed Improvements Value: $67,001

    Sales

  • Current Sale Contract Date: May 18, 2022
  • Current Sale Recording Date: Jun 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5349
  • Previous Sale Recording Date: Dec 08, 2017
  • Previous Sale Contract Date: Dec 08, 2017
  • Previous Sale Amount: $193,000
  • 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 Fairview South

Stats & Trends

Median Asking:

$272,450

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

41

Average Home Size

1838 ft²

Average Home Age

22.5 years

Currently For Sale

0 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: Monteil Johnson, Coldwell Banker The Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09758041
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 303 Serenity Lane built and last sold?
The property at 303 Serenity Lane was built in 2003 and last sold on May 18, 2022 for $326,000.
How much is this home worth?
The estimated value of the home located at 303 Serenity Lane is $0.
What are some comparable homes to 303 Serenity Lane?
There are currently no comparable homes to 303 Serenity Lane.
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