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Crete 60417
3465 Donovan Drive
$250,000
● House - Off Market

3465 Donovan Drive

Crete, IL 60417
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,514 Ft²
$268,983
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Beautifully Maintained 3 Bedroom 2.5 Bath Tri level Home with Sub-basement.  Main level offers Spacious Livingroom, Separate Diningroom and Eat in Kitchen. Lower Level Family Room offers Fireplace, Half Bath,  and 2 Car Attached Garage with plenty of Storage.  On the 2nd Level you will find the 3 Bedrooms all with Updated Flooring. Large Master with Full Bath.  Cedar Closet in Basement. Located on a quiet cul-de-sac.
Unit Size
3,514 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$68
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11220227)

Price History

Date / Event Date Event Price
Oct 25, 2021 Sold
Premium
Sold
Sep 15, 2021 Listed by Premier Midwest Realty, INC $239,000
Listed by Premier Midwest Realty, INC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 34
  • 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: 844
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,930
  • Total Building Area: 3,514
  • Building Area: 2,164
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,164
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNSHIRE EAST UNIT #2
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 205 IN LINCOLNSHIRE EAST UNIT 2, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 2, T34N-R14E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883810

Geography

  • Parcel: 23-15-02-107-003
  • Lot: 205
  • Meridian: SEC 02 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4677
  • Longitude: -87.588

    Address

  • Full Address: 3465 Donovan Dr
  • Legal Unit: 2
  • Address - House Number: 3465
  • Address - Street Name: Donovan
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crete
  • Carrier Code: R005
  • 4-Digit Zip Code: 1328
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $713,722
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 279,811
  • High Value: 325,764
  • Low Value: 233,858

    Market Valuation

  • Market Total Value: $215,907
  • Market Land Value: $36,282
  • Market Improvement Value: $179,625

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,969
  • Assessed Land Value: $12,094
  • Assessed Improvements Value: $59,875

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021118977
  • Previous Sale Recording Date: Apr 02, 1998
  • Previous Sale Contract Date: Mar 24, 1998
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 71

    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 Crete

Stats & Trends

Median Asking:

$297,000

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2199 ft²

Average Home Age

61.5 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

Unit for rent at 21734 Clyde Avenue, Sauk Village, IL, 60411

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 900 ft²
21734 Clyde Avenue, Sauk Village, IL, 60411 Listing by Jessica Rivera
Unit for rent at 2236 220th Street, Sauk Village, IL, 60411

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,008 ft²
2236 220th Street, Sauk Village, IL, 60411 Listing by Michael Fisher

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cathy Wilson, Premier Midwest Realty, INC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11220227
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 3465 Donovan Drive built and last sold?
The property at 3465 Donovan Drive was built in 1979 and last sold on Oct 25, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 3465 Donovan Drive is $257,990.
What are some comparable homes to 3465 Donovan Drive?
There are currently no comparable homes to 3465 Donovan Drive.
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