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Hazel Crest 60429
3508 LAUREL Lane
$116,000
● House - Off Market

3508 LAUREL Lane

HAZEL CREST, IL 60429
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,056 Ft²
$184,382
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

REMBRANDT COULDN'T PAINT A MORE EXQUISITE PICTURE....This home boast with pride of ownership. The exterior has been professionally landscaped, painted, and driveway resealed, Interior home freshly painted, Bathroom remodeled replaced vanity and sink, Carpet 1 yr,  energy saving toilets, Spacious kitchen plenty cabinet space beautiful deck off kitchen leading to big fenced in back yard for entertaining... roof 7 yrs, furnace less than 6 months, HVA modified to compare to new furnace, hot water tank 40 gallon 4 yrs, Garage Door and Garage door opener 1 years old,  Ready to move in. Seller is providing a home warranty.  "Sold In As Is Condition" 100% tax proration, no survey, no termite,  This is not a foreclosure or short sale.  Easy to Show.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
-
Price per sqft
$110
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1966

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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 #09731495)

Price History

Date / Event Date Event Price
Oct 25, 2017 Sold
Premium
Sold
Aug 24, 2017 Listed by Peaches & Assoc.R.E. $115,999
Listed by Peaches & Assoc.R.E.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAZELCREST HIGHLANDS TENTH
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HAZELCREST) (HIGHLANDS) (TENTH) ADD SUB OF PT OF NE & PT OF SW & PT OF SE SEC 26-36-13

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825501

Geography

  • District: 13
  • Parcel: 28-26-413-005-0000
  • Lot: 560
  • Meridian: SEC 26 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5785
  • Longitude: -87.7025

    Address

  • Full Address: 3508 Laurel Ln
  • Address - House Number: 3508
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hazel Crest
  • Carrier Code: C003
  • 4-Digit Zip Code: 1013
  • Zip Code: 60429

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $430,611
  • Tax Rate Code Area: 13050

    Appraisal Valuation

  • Standard Deviation: 0.2643
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 185,003
  • High Value: 233,912
  • Low Value: 136,093

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $25,350
  • Market Improvement Value: $144,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $2,535
  • Assessed Improvements Value: $14,465

    Sales

  • Current Sale Contract Date: Oct 03, 2017
  • Current Sale Recording Date: Nov 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1730604013
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 Hazel Crest

Stats & Trends

Median Asking:

$199,000

Sale Price/ft²

$142

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1358 ft²

Average Home Age

66.3 years

Currently For Sale

62 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 16775 Artesian Avenue, Hazel Crest, IL, 60429

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 867 ft²
16775 Artesian Avenue, Hazel Crest, IL, 60429 Listing by Ayesha Afaq

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Peaches & Assoc.R.E.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09731495
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 3508 Laurel Lane built and last sold?
The property at 3508 Laurel Lane was built in 1966 and last sold on Oct 3, 2017 for $116,000.
How much is this home worth?
The estimated value of the home located at 3508 Laurel Lane is $0.
What are some comparable homes to 3508 Laurel Lane?
There are currently no comparable homes to 3508 Laurel Lane.
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