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Ogle 61010
4964 E Lawnside Drive
$205,000
● House - Off Market

4964 E Lawnside Drive

Byron, IL 61010
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,850 Ft²
$223,608
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

A wonderful home, in a wonderful town, with a wonderful lot, in wonderful condition. This spacious ranch has a great floor plan, an eat in kitchen, 2 full baths, and a couple of bonus rooms in the basement. What a great opportunity!
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$116
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1989

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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 #11474686)

Price History

Date / Event Date Event Price
Sep 2, 2022 Sold
Premium
Sold
Jul 26, 2022 Listed by Berkshire Hathaway HomeServices Crosby Starck Real $215,000
Listed by Berkshire Hathaway HomeServices Crosby Starck Real

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 9
  • Basement Area: 1,540
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,361
  • Total Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW SUBD
  • Land Acres: 0000000536
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RNG/BLK: TWP:0 SECT/LOT: LOT 5 LAKEVIEW SUBD #3

Neighborhood

  • School District Name: Byron Community Unit School District 226
  • Census Tract: 960700

Geography

  • District: 3
  • Parcel: 05-29-477-013
  • Lot: 5
  • Municipality: BYRON
  • Latitude: 42.1326
  • Longitude: -89.2419

    Address

  • Full Address: 4964 E Lawnside Dr
  • Address - House Number: 4964
  • Street Direction: E
  • Address - Street Name: Lawnside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Byron
  • Carrier Code: R002
  • 4-Digit Zip Code: 9565
  • Zip Code: 61010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $333,484
  • Tax Rate Code Area: 341

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 68
  • Final Value: 200,402
  • High Value: 245,619
  • Low Value: 155,184

    Market Valuation

  • Market Total Value: $166,248
  • Market Land Value: $32,460
  • Market Improvement Value: $133,788

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,416
  • Assessed Land Value: $10,820
  • Assessed Improvements Value: $44,596

    Sales

  • Current Sale Contract Date: Sep 02, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202205235
  • Previous Sale Recording Date: Dec 22, 2008
  • Previous Sale Contract Date: Dec 19, 2008
  • Previous Sale Amount: $158,400
  • Previous Sale Document Type: 71

    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 Ogle

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$144

Above Asking

7.99%

Average Days on Market

49

Average Home Size

2182 ft²

Average Home Age

60.9 years

Currently For Sale

98 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

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MRED

Listed by: David Johnson, Berkshire Hathaway HomeServices Crosby Starck Real
Last Updated: 3 years ago
Data Source: MRED, MLS# 11474686
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 4964 East Lawnside Drive built and last sold?
The property at 4964 East Lawnside Drive was built in 1989 and last sold on Sep 2, 2022 for $205,000.
How much is this home worth?
The estimated value of the home located at 4964 East Lawnside Drive is $0.
What are some comparable homes to 4964 East Lawnside Drive?
There are currently no comparable homes to 4964 East Lawnside Drive.
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