For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lee 61021
449 Palmyra Road
$300,000
● House - Off Market

449 Palmyra Road

Dixon, IL 61021
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,970 Ft²
$1,915
Est. Monthly
14.23%
Cap Rate

About This Property

Nestled gracefully between the historic towns of Dixon and Sterling, this enchanting residence at 449 Palmyra Road stands as a testament to early 20th-century elegance. Constructed in 1907, the home masterfully blends timeless charm with modern comforts, offering a unique living experience on a serene 1.5-acre lot.      This stunning home has everything you need to just move in and enjoy country living at its finest. This residence at 449 Palmyra Road is more than just a home; it's a piece of history, offering a harmonious blend of classic elegance and modern amenities in a community rich with heritage.
Unit Size
2,970 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$101
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1907

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 825
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 2,970
  • Building Area: 2,970
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,970
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNNYDALE ACRES SUB
  • Land Acres: 0000001500
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SECT/LOT:35 TWP:22RNG/BLK:008 SUNNYDALE ACRES SUB A PT OF SH OF SEC 26 PT OF NWQ LOT 16 SEC 26 BK 9105-1178 WD

Neighborhood

  • School District Name: Dixon Unit School District 170
  • Census Tract: 000500

Geography

  • Account Number: 164324
  • District: 16
  • Section: 26
  • Parcel: 16-01-26-377-001
  • Block: 8
  • Lot: 16
  • Meridian: SEC 35 TWN 22 RNG 08
  • Municipality: PALMYRA
  • Latitude: 41.8616
  • Longitude: -89.5441

    Address

  • Full Address: 449 Palmyra Rd
  • Address - House Number: 449
  • Address - Street Name: Palmyra
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Dixon
  • Carrier Code: R001
  • 4-Digit Zip Code: 9709
  • Zip Code: 61021

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $481,786
  • Tax Rate Code Area: 16004

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 258,449
  • High Value: 300,920
  • Low Value: 215,978

    Market Valuation

  • Market Total Value: $216,285
  • Market Land Value: $38,676
  • Market Improvement Value: $177,609

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,095
  • Assessed Land Value: $12,892
  • Assessed Improvements Value: $59,203

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Mar 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202300800

    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 Lee

Stats & Trends

Median Asking:

$193,250

Sale Price/ft²

$125

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1914 ft²

Average Home Age

86.6 years

Currently For Sale

69 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: Justin Pillion, Keller Williams Inspire
Data Source: MRED, MLS# MRD12336792
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 449 Palmyra Road built and last sold?
The property at 449 Palmyra Road was built in 1907 and last sold on Feb 27, 2023 for $270,000.
How much is this home worth?
The estimated value of the home located at 449 Palmyra Road is $0.
What are some comparable homes to 449 Palmyra Road?
There are currently no comparable homes to 449 Palmyra Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Palmyra Homes for Sale
Palmyra Houses for Sale
Palmyra Land for Sale
Palmyra Homes with Basements
Palmyra Homes with Pools
Palmyra Homes with Parking
Palmyra Homes with Garages
Palmyra Homes with a View
Nearby Cities
Sterling Homes for Sale
Dixon Homes for Sale
Rock Falls Homes for Sale
Polo Homes for Sale
Grand Detour Homes for Sale
Nelson Homes for Sale
Harmon Homes for Sale
Nearby Property Records
Whiteside County, IL Property Records
Ogle County, IL Property Records
Lee County, IL Property Records
Carroll County, IL Property Records
Stephenson County, IL Property Records
Bureau County, IL Property Records
Winnebago County, IL Property Records
Henry County, IL Property Records
Nearby Counties
Sterling Homes for Sale
Dixon Homes for Sale
Coloma Homes for Sale
Buffalo Homes for Sale
Montmorency Homes for Sale
Grand Detour Homes for Sale
Nelson Homes for Sale
South Dixon Homes for Sale
Top Real Estate Agents
Top Agents in Palmyra
Top Agents in 61021
Top Agents in 61081
Top Agents in Sterling
Top Agents in Dixon
Top Agents in Sterling
Top Agents in Dixon
Top Agents in 61071