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Grundy 60450
3805 DIXON Drive
$275,000
● House - Off Market

3805 DIXON Drive

MORRIS, IL 60450
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,400 Ft²
$555,881
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

HIGHLY SOUGHT AFTER PRISTINE HOME ON .96 ACRES WITHIN A QUIET SUBDIVISION! HOME FEATURES INCLUDE: WELCOMING FRONT PORCH WITH TREX PLANK FLOORING, HARDWOOD FLOORS THROUGHOUT MAIN LEVEL, 1ST FLOOR MASTER SUITE, 6 PANEL SOLID OAK DOORS, COOKS KITCHEN WITH LARGE ISLAND, WOOD BURNING FIREPLACE & FINISHED BASEMENT. 2.5 CAR HEATED ATTACHED GARAGE PLUS ANOTHER 1.5 CAR DETACHED GARAGE!  AMPLE STORAGE THROUGHOUT THE HOME!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$117
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1993

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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 #08294981)

Price History

Date / Event Date Event Price
May 24, 2013 Sold
Premium
Sold
Mar 19, 2013 Listed by @properties $279,900
Listed by @properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 2,371
  • Gross Building Area: 2,371
  • Building Area: 2,371
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,371
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE GROVE SUBDIVISION
  • Land Acres: 0000000960
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PINE GROVE SUB UNIT 3 LT 34 SEC 15-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000500

Geography

  • District: 17
  • Parcel: 05-15-276-011
  • Lot: 34
  • Meridian: SEC 15 TWN 33N RNG 07W
  • Municipality: WAUPONSEE TOWNSHIP
  • Latitude: 41.3407
  • Longitude: -88.4043

    Address

  • Full Address: 3805 Dixon Dr
  • Legal Unit: 3
  • Address - House Number: 3805
  • Address - Street Name: Dixon
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Morris
  • Carrier Code: R006
  • 4-Digit Zip Code: 8688
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $950,584
  • Tax Rate Code Area: 17001

    Appraisal Valuation

  • Standard Deviation: 0.1926
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 74
  • Final Value: 394,253
  • High Value: 470,195
  • Low Value: 318,311

    Market Valuation

  • Market Total Value: $360,207
  • Market Land Value: $64,713
  • Market Improvement Value: $295,494

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,069
  • Assessed Land Value: $21,571
  • Assessed Improvements Value: $98,498

    Exemptions

  • Homeowner Exemption: Yes
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 Grundy

Stats & Trends

Median Asking:

$342,000

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2094 ft²

Average Home Age

32.3 years

Currently For Sale

113 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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MRED

Listed by: Jerrick Longest, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 08294981
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 3805 Dixon Drive built and last sold?
The property at 3805 Dixon Drive was built in 1993 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3805 Dixon Drive is $0.
What are some comparable homes to 3805 Dixon Drive?
There are currently no comparable homes to 3805 Dixon Drive.
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