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Belleville 62226 Belleville
3529 Lorene Street
$35,000
● House - Off Market

3529 Lorene Street

Belleville, IL 62226
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,168 Ft²
$419
Est. Monthly
38.19%
Cap Rate

About This Property

Fantastic opportunity to make this home your own. Easily relax in any of the spacious bedrooms. Lots of parking in the long driveway. Basement awaits your finishing touches.
Unit Size
1,168 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$34
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1922

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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 #11834702)

Price History

Date / Event Date Event Price
Feb 14, 2024 Sold
Premium
Sold
Jul 17, 2023 Listed by @properties Christie's International Real Estate $40,000
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,168
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,275
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,168
  • Building Area: 1,168
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,168
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INTERURBAN 2ND ADD
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: INTERURBAN 2ND ADD LOT/SEC-10-BLK/RG-5 LOTS 9 & 10 A02410272

Neighborhood

  • School District Name: Belleville Township High School District 201
  • Census Tract: 501602

Geography

  • District: 02
  • Parcel: 08-17-0-124-010
  • Block: 124
  • Lot: 9-10
  • Municipality: BELLEVILLE
  • Latitude: 38.5355
  • Longitude: -90.0117

    Address

  • Full Address: 3529 Lorene St
  • Address - House Number: 3529
  • Address - Street Name: Lorene
  • Address - Suffix Type: St
  • State: IL
  • City Name: Belleville
  • Carrier Code: C068
  • 4-Digit Zip Code: 6226
  • Zip Code: 62226

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $266,326
  • Tax Rate Code Area: 02001

    Appraisal Valuation

  • Standard Deviation: 0.1145
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 88
  • Final Value: 34,097
  • High Value: 38,002
  • Low Value: 30,192

    Market Valuation

  • Market Total Value: $83,478
  • Market Land Value: $9,567
  • Market Improvement Value: $73,911

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,826
  • Assessed Land Value: $3,189
  • Assessed Improvements Value: $24,637

    Sales

  • Current Sale Contract Date: Feb 08, 2024
  • Current Sale Recording Date: Feb 16, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: A02805601
  • Previous Sale Recording Date: Apr 28, 2014
  • Previous Sale Contract Date: Apr 28, 2014
  • Previous Sale Amount: $65,500
  • Previous Sale Document Type: 71

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
  • First Mortgage Loan Type:
    Premium
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 Belleville

Stats & Trends

Median Asking:

$110,000

Sale Price/ft²

$100

Below Asking

0.09%

Average Days on Market

79

Average Home Size

1952 ft²

Average Home Age

69.2 years

Currently For Sale

282 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

Rentals Near You

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MRED

Listed by: Derrick Jackson, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11834702
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 3529 Lorene Street built and last sold?
The property at 3529 Lorene Street was built in 1922 and last sold on Feb 8, 2024 for $35,000.
How much is this home worth?
The estimated value of the home located at 3529 Lorene Street is $0.
What are some comparable homes to 3529 Lorene Street?
There are currently no comparable homes to 3529 Lorene Street.
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