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DeKalb 60115
403 Ridge Drive
$190,000
● House - Off Market

403 Ridge Drive

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,582 Ft²
$209,076
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Lovely stone front ranch home in north central DeKalb.  Only a short walk to grade school and high school.  Full unfinished basement for all the 'extras'.   Master bath with whirlpool.  Family room with wood-burning fireplace.  Recently added 3-season bonus room with surrounding windows and ceiling fan.  Completely fenced backyard.    New roof 2021 (Theisen Roofing).
Unit Size
1,582 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$119
Property Type
House
Property Taxes
$494
HOA Dues
-
Year Built
-

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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 #11203342)

Price History

Date / Event Date Event Price
Nov 10, 2021 Sold
Premium
Sold
Aug 27, 2021 Listed by Century 21 Affiliated $187,500
Listed by Century 21 Affiliated

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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
  • Living Units: 1
  • 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: 8,828
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLCREST SUB - 15TH ADDITION
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 510 - HILLCREST SUB - 15TH ADDITION

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 000900

Geography

  • Account Number: 0815227005
  • District: DK
  • Parcel: 08-15-227-005
  • Lot: 510
  • Municipality: DEKALB
  • Latitude: 41.9487
  • Longitude: -88.755

    Address

  • Full Address: 403 Ridge Dr
  • Address - House Number: 403
  • Address - Street Name: Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C022
  • 4-Digit Zip Code: 1743
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $623,876
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 261,285
  • High Value: 309,538
  • Low Value: 213,031

    Market Valuation

  • Market Total Value: $222,570
  • Market Land Value: $28,722
  • Market Improvement Value: $193,848

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,190
  • Assessed Land Value: $9,574
  • Assessed Improvements Value: $64,616

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021014801

    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 DeKalb

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$170

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1752 ft²

Average Home Age

38.1 years

Currently For Sale

41 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 628 Krpan Court, DeKalb, IL, 60115

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,780 ft²
628 Krpan Court, DeKalb, IL, 60115 Listing by Rorry Skora
Unit for rent at 416 Red Wing Lane, DeKalb, IL, 60115

$2,800 /mo

  • 4 Beds
  • 3 Baths
  • 1,800 ft²
416 Red Wing Lane, DeKalb, IL, 60115 Listing by Katherine Gannon

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jerry Wahlstrom, Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 11203342
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 403 Ridge Drive built and last sold?
The property at 403 Ridge Drive was built in and last sold on Nov 10, 2021 for $190,000.
How much is this home worth?
The estimated value of the home located at 403 Ridge Drive is $194,826.
What are some comparable homes to 403 Ridge Drive?
There are currently no comparable homes to 403 Ridge Drive.
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