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Crete 60417
3923 Merioneth Drive
$180,000
● House - Off Market

3923 Merioneth Drive

Crete, IL 60417
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,104 Ft²
$195,137
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Ready to move in brick and vinyl sided ranch with 3 bedrooms, 1 bathroom, living room, dining room, updated kitchen with granite countertops, 2 car attached garage.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$159
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1790

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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 #11195728)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Aug 20, 2021 Listed by Meeker Real Estate Inc $175,000
Listed by Meeker Real Estate Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1790
  • Effective Year Built: 1790
  • 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 Count: 100
  • 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: 6,438
  • Total Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNSHIRE ESTATES
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 17 AND THE S 15 FT OF LOT 18 AND THE S 21 FT TRIANGLE OF LOT 16 IN BLK 21, IN LINCOLNSHIRE ESTATES UNIT 5 PART 2, A SUB P

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883811

Geography

  • Parcel: 23-15-10-111-013
  • Block: 21
  • Lot: 17
  • Meridian: SEC 10 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4507
  • Longitude: -87.6076

    Address

  • Full Address: 3923 Merioneth Dr
  • Legal Unit: 5
  • Address - House Number: 3923
  • Address - Street Name: Merioneth
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crete
  • Carrier Code: R001
  • 4-Digit Zip Code: 2409
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $581,184
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 68
  • Final Value: 194,836
  • High Value: 239,539
  • Low Value: 150,134

    Market Valuation

  • Market Total Value: $148,941
  • Market Land Value: $9,804
  • Market Improvement Value: $139,137

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,647
  • Assessed Land Value: $3,268
  • Assessed Improvements Value: $46,379

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2021123251
  • Previous Sale Recording Date: Sep 05, 2018
  • Previous Sale Contract Date: Aug 22, 2018
  • Previous Sale Document Type: 64

    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:

$295,250

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2609 ft²

Average Home Age

55.9 years

Currently For Sale

36 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: Steve Meeker, Meeker Real Estate Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11195728
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 3923 Merioneth Drive built and last sold?
The property at 3923 Merioneth Drive was built in 1790 and last sold on Oct 8, 2021 for $180,000.
How much is this home worth?
The estimated value of the home located at 3923 Merioneth Drive is $0.
What are some comparable homes to 3923 Merioneth Drive?
There are currently no comparable homes to 3923 Merioneth Drive.
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