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DeKalb 60115
429 Lucerne Lane
$270,000
● House - Off Market

429 Lucerne Lane

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,350 Ft²
$258,544
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Don't miss this MOVE IN READY, meticulously maintained ranch with a finished basement! This home has many updates and sits on a peaceful lot with mature trees and natural landscape. Acacia hardwood flooring, stainless appliances, an abundance of natural light, and a Primary suite with walk-in closet and full private bath are only a few of the reasons you will love this home. The partially finished basement includes a half bath and a large rec room that can also be used as a 4th bedroom! The large deck and beautiful backyard are great for entertaining. Don't miss your opportunity, this home is a gem!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
-

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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 #11829306)

Price History

Date / Event Date Event Price
Aug 22, 2023 Sold
Premium
Sold
Jul 12, 2023 Listed by Baird & Warner $260,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

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: 7,405
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 550
  • 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: IRVING PARK
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 3 - IRVING PARK

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001500

Geography

  • Account Number: 0826353013
  • District: DK
  • Parcel: 08-26-353-013
  • Lot: 3
  • Municipality: DEKALB
  • Latitude: 41.9089
  • Longitude: -88.752

    Address

  • Full Address: 429 Lucerne Ln
  • Address - House Number: 429
  • Address - Street Name: Lucerne
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C009
  • 4-Digit Zip Code: 4736
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $508,246
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 246,629
  • High Value: 287,987
  • Low Value: 205,271

    Market Valuation

  • Market Total Value: $188,397
  • Market Land Value: $26,964
  • Market Improvement Value: $161,433

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,799
  • Assessed Land Value: $8,988
  • Assessed Improvements Value: $53,811

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6979
  • Previous Sale Recording Date: Aug 13, 2013
  • Previous Sale Contract Date: Aug 09, 2013
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 71
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:

$259,900

Sale Price/ft²

$170

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1672 ft²

Average Home Age

43 years

Currently For Sale

38 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: Holly Pickens, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11829306
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 429 Lucerne Lane built and last sold?
The property at 429 Lucerne Lane was built in and last sold on Aug 11, 2023 for $270,000.
How much is this home worth?
The estimated value of the home located at 429 Lucerne Lane is $262,205.
What are some comparable homes to 429 Lucerne Lane?
There are currently no comparable homes to 429 Lucerne Lane.
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