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Morris 60450
807 LAKEWOOD Circle
$179,500
● House - Off Market

807 LAKEWOOD Circle

MORRIS, IL 60450
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,150 Ft²
$313,861
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Immaculate! Custom designed, one-owner home w/vaulted ceilings. Well cared for brick & cedar 3 bedroom ranch on a quiet cul-de-sac. Check out these room sizes! Huge eat in kitchen w/breakfast bar. Solid Amish doors throughout. Laundry currently doubles as a salon, endless possibilities w/side entrance. Original brick patio in fenced. Large master w/full bath. 6" walls. Inviting front porch in a desirable neighborhood!
Unit Size
2,150 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$86
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1990

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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.

Last updated: 3 years ago (MRED MLS #09119171)

Price History

Date / Event Date Event Price
Jun 2, 2016 Sold
Premium
Sold
Jan 19, 2016 Listed by Century 21 Coleman-Hornsby $184,900
Listed by Century 21 Coleman-Hornsby

Property Highlights

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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: 15,246
  • Total Building Area: 2,150
  • Gross Building Area: 2,150
  • Building Area: 2,150
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,150
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD ESTATES
  • Land Acres: 0000000350
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LAKEWOOD ESTATES 1ST SUB LT 46 SEC 5-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000400

Geography

  • District: 03
  • Parcel: 05-05-279-017
  • Lot: 46
  • Meridian: SEC 05 TWN 33N RNG 07W
  • Municipality: ERIENNA TOWNSHIP
  • Latitude: 41.3646
  • Longitude: -88.4412

    Address

  • Full Address: 807 Lakewood Cir
  • Address - House Number: 807
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Morris
  • Carrier Code: C006
  • 4-Digit Zip Code: 2420
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $684,754
  • Tax Rate Code Area: 3002

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 72
  • Final Value: 290,774
  • High Value: 349,760
  • Low Value: 231,788

    Market Valuation

  • Market Total Value: $246,033
  • Market Land Value: $34,503
  • Market Improvement Value: $211,530

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,011
  • Assessed Land Value: $11,501
  • Assessed Improvements Value: $70,510

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2016
  • Current Sale Recording Date: Jun 24, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 562665
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 Morris

Stats & Trends

Median Asking:

$307,000

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

43

Average Home Size

1961 ft²

Average Home Age

62.2 years

Currently For Sale

16 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: Jim Maskel, Century 21 Coleman-Hornsby
Last Updated: 3 years ago
Data Source: MRED, MLS# 09119171
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 807 Lakewood Circle built and last sold?
The property at 807 Lakewood Circle was built in 1990 and last sold on Jun 2, 2016 for $179,500.
How much is this home worth?
The estimated value of the home located at 807 Lakewood Circle is $0.
What are some comparable homes to 807 Lakewood Circle?
There are currently no comparable homes to 807 Lakewood Circle.
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