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Lee 61353
3494 Howlett Road
$379,900
● House - Off Market

3494 Howlett Road

Paw Paw, IL 61353
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,912 Ft²
$2,245
Est. Monthly

About This Property

Enjoy the tranquility of country living in this warm and comfortable two-story farmhouse on almost 2.5 acres, featuring an updated kitchen with custom soft-close cabinetry, hardwood floors, stainless steel appliances, and a cozy breakfast nook, plus a large dining room for easy entertaining. A main-floor bedroom with an attached full bath offers flexibility for an in-law arrangement or home office; an expansive primary bedroom with his-and-hers closets; a remodeled private bath; a private balcony; a second bedroom; and an additional full bath. Outside features a patio, a small pond, ample storage in the basement, an enclosed back porch, and two outbuildings-a barn and an approximately 30' x 70' multi-purpose outbuilding.
Unit Size
1,912 Ft²
Days on Market
-
Land Size
2.44 acres
Price per sqft
$199
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1906

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 105,851
  • Total Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLAWN GREEN SUB
  • Land Acres: 0000002430
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SECT/LOT: TWP:00 RNG/BLK: WOODLAWN GREEN SUB LT 4 (EX N 69FT) AND ALL LT 5 9507-2462 WD JT

Neighborhood

  • School District Name: Lee Center Community Unit School District 271
  • Census Tract: 000900

Geography

  • Account Number: 149954
  • District: 21
  • Parcel: 21-12-35-400-013
  • Municipality: WILLOW CREEK
  • Latitude: 41.7232
  • Longitude: -88.9627

    Address

  • Full Address: 3494 Howlett Rd
  • Address - House Number: 3494
  • Address - Street Name: Howlett
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Paw Paw
  • Carrier Code: R001
  • 4-Digit Zip Code: 9732
  • Zip Code: 61353

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $375,256
  • Tax Rate Code Area: 21006

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 80
  • Final Value: 296,155
  • High Value: 342,880
  • Low Value: 249,431

    Market Valuation

  • Market Total Value: $146,418
  • Market Land Value: $34,803
  • Market Improvement Value: $111,615

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,806
  • Assessed Land Value: $11,601
  • Assessed Improvements Value: $37,205

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2023
  • Current Sale Recording Date: Dec 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202304391
  • Previous Sale Recording Date: May 24, 2019
  • Previous Sale Contract Date: May 23, 2019
  • Previous Sale Amount: $165,000
  • 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 Lee

Stats & Trends

Median Asking:

$189,900

Sale Price/ft²

$126

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1957 ft²

Average Home Age

84.8 years

Currently For Sale

73 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: Jose Guillu, United Real Estate - Chicago
Data Source: MRED, MLS# MRD12519019
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 3494 Howlett Road built and last sold?
The property at 3494 Howlett Road was built in 1906 and last sold on Nov 20, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 3494 Howlett Road is $0.
What are some comparable homes to 3494 Howlett Road?
There are currently no comparable homes to 3494 Howlett Road.
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