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Newton 62448
502 Stevens Street
Photo of 502 Stevens Street

16

Map

Photo of 502 Stevens Street
Photo of 502 Stevens Street
$249,000
↓ $21K (7.8%)
● House - For Sale

502 Stevens Street

Newton, IL 62448
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,312 Ft²
$1,708
Est. Monthly

About This Property

This home has plenty of space inside and out with 4 bedrooms, 3 full bathrooms, and over 3,000 sq. ft. of finished living space on a large .41-acre lot. Features include a large finished walkout basement, 2-car attached garage with natural gas heat, new HVAC system installed in 2024, hardwood flooring throughout much of the main level, and an updated kitchen with newer countertops. The basement provides additional living space with a large rec room, den, office/flex room currently set up as a bedroom, full bathroom, storage, and laundry/utility area. Outside, there is a large 36' x 10' back deck overlooking the spacious yard and a 36' x 13' patio off the walkout basement, providing space for entertaining, birthday parties, family get-togethers, grilling, or sitting around a campfire.
Unit Size
3,312 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$75
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
-

Listed By

Misael Chacon
Beycome Brokerage Realty LLC

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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.

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, Garage, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Rooms: 7
Basement: Finished, Full
Exterior Details
Square Footage: 3312
Year Built: 1995
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck, Patio, Porch
Lot Size Area: 18295.2
Lot Size Units: Square Feet
Lot Size Acres: 0.42
Lot Size Square Feet: 18295.2
Lot Size Dimensions: 78 x 231
Water Source: Public, Community
Financial Details
Tax Annual Amount: $5,821
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

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
  • 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: 17,805
  • 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: ANNA STEVENS SUBD
  • Land Acres: 0000000408
  • Standard Land Use Code: 1999
  • County Land Use Code: 40
  • Legal Description 1: LOT 16 ANNA STEVENS SUBDIVISION OF D B BROWNS ADDITION TO CITY OF NEWTON B 186 P 619; B 195 P 711; B 230 P 501; B 244 P 317;

Neighborhood

  • School District Name: Jasper County Community Unit School District 1
  • Census Tract: 977400

Geography

  • District: 90002
  • Parcel: 90-12-01-301-014
  • Lot: 16
  • Municipality: WADE TOWNSHIP
  • Latitude: 38.986
  • Longitude: -88.1678

    Address

  • Full Address: 502 Stevens St
  • Address - House Number: 502
  • Address - Street Name: Stevens
  • Address - Suffix Type: St
  • State: IL
  • City Name: Newton
  • Carrier Code: R005
  • 4-Digit Zip Code: 1354
  • Zip Code: 62448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $503,538
  • Tax Rate Code Area: 90002

    Appraisal Valuation

  • Standard Deviation: 0.1006
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 79
  • Final Value: 132,326
  • High Value: 145,649
  • Low Value: 119,002

    Market Valuation

  • Market Total Value: $170,490
  • Market Land Value: $8,670
  • Market Improvement Value: $161,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,830
  • Assessed Land Value: $2,890
  • Assessed Improvements Value: $53,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 21, 2016
  • Current Sale Recording Date: Oct 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007
  • Previous Sale Recording Date: Jun 30, 2010
  • Previous Sale Contract Date: Jun 28, 2010
  • Previous Sale Document Type: 71

    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 Newton

Stats & Trends

Median Asking:

$50,000

Sale Price/ft²

$22

Below Asking

0.18%

Average Days on Market

90

Average Home Size

3312 ft²

Average Home Age

31 years

Currently For Sale

1 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 902 Shup St, IL, 62448

$842 /mo

  • 1 Bed
  • 1 Bath
902 Shup St, IL, 62448 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Misael Chacon, Beycome Brokerage Realty LLC
Data Source: MRED, MLS# MRD12780271
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 502 Stevens Street built and last sold?
The property at 502 Stevens Street was built in and last sold on Oct 21, 2016 for $45,000.
How much is this home worth?
The estimated value of the home located at 502 Stevens Street is $251,490.
What are some comparable homes to 502 Stevens Street?
There are currently no comparable homes to 502 Stevens Street.
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