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Lee 61021
729 Highcrest Road
$253,500
● House - Off Market

729 Highcrest Road

Dixon, IL 61021
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,518 Ft²
$1,484
Est. Monthly
12.98%
Cap Rate

About This Property

Welcome to this charming 4 bed, 2.5 bath ranch home nestled in the Forrest Park subdivision, brimming with charm and character. Inside, you'll discover a master suite that walks out to the spacious back deck, large living spaces, and wood-burning fireplaces on each level. Enjoy the convenience of a two-car attached garage, and the versatility of a full walkout basement, offering plenty of space for your needs, while the wooded backyard provides a peaceful and private oasis. This home is the perfect blend of style and comfort, making it an ideal place to call home. Come and experience the unique appeal of this property today!
Unit Size
2,518 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$101
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1972

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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 #11917493)

Price History

Date / Event Date Event Price
Dec 1, 2023 Sold
Premium
Sold
Oct 26, 2023 Listed by RE/MAX of Rock Valley $253,500
Listed by RE/MAX of Rock Valley

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 1,692
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST PARK
  • Land Acres: 0000000610
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SECT/LOT:17 TWP:22 RNG/BLK:009 FOREST PARK SUBDIV NO 2 LT 13 9403-0605

Neighborhood

  • School District Name: Dixon Unit School District 170
  • Census Tract: 000400

Geography

  • Account Number: 121313
  • District: 07
  • Parcel: 07-02-17-177-003
  • Block: 9
  • Lot: 13,9403
  • Meridian: SEC 17 TWN 22 RNG 09
  • Municipality: DIXON
  • Latitude: 41.8961
  • Longitude: -89.4902

    Address

  • Full Address: 729 Highcrest Rd
  • Address - House Number: 729
  • Address - Street Name: Highcrest
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Dixon
  • Carrier Code: R003
  • 4-Digit Zip Code: 9551
  • Zip Code: 61021

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $286,848
  • Tax Rate Code Area: 07004

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 80
  • Final Value: 249,698
  • High Value: 289,093
  • Low Value: 210,304

    Market Valuation

  • Market Total Value: $164,514
  • Market Land Value: $21,876
  • Market Improvement Value: $142,638

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,838
  • Assessed Land Value: $7,292
  • Assessed Improvements Value: $47,546

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 202304312
  • Previous Sale Recording Date: Dec 06, 2023
  • Previous Sale Contract Date: Dec 01, 2023
  • Previous Sale Amount: $253,500
  • Previous Sale Document Type: 33

    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 Lee

Stats & Trends

Median Asking:

$195,000

Sale Price/ft²

$125

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1609 ft²

Average Home Age

83.7 years

Currently For Sale

64 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: Jonathan Gieson, RE/MAX of Rock Valley
Last Updated: 3 years ago
Data Source: MRED, MLS# 11917493
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 729 Highcrest Road built and last sold?
The property at 729 Highcrest Road was built in 1972 and last sold on Dec 1, 2023 for $253,500.
How much is this home worth?
The estimated value of the home located at 729 Highcrest Road is $0.
What are some comparable homes to 729 Highcrest Road?
There are currently no comparable homes to 729 Highcrest Road.
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