NOT LISTED FOR SALE

345 Cedar Ct Dekalb, IL 60115

Estimated Value: $305,000 - $354,000

4 Beds
4 Baths
-- Sq Ft
0.3 Acres

Last Sold June 13, 2024

Last sale price $300,000

Est. 8% increase in value since last sale

Current estimated payment $2,056/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Patio
  • Forced Air Heating System
  • 2 Car Attached Garage

About This Home

As of June 2024

This duplex offers an opportunity for investors and new owners, offering the option for rental income and comfortable living arrangements in a beneficial location. Living in one half and renting the other could provide a dependable flow of rental income, helping offset mortgage payments and other expenses. The duplex has four to six bedrooms, two full baths, and two half baths. Enter the carpeted family room then move into the kitchen with a half wall allowing a view into the dining area overlooking the back patio and backyard. The finished basement with extra bedrooms or bonus rooms adds value and rental potential, appealing to tenants looking for additional living space. Enjoy a sitting area on the front porch, the peaceful backyard and patio providing a personal retreat. It is conveniently located near the NIU campus, Interstate 88, and amenities like grocery stores, restaurants, and shopping.

Last Agent to Sell the Property

Jill Doherty

Coldwell Banker Real Estate Group License #475188692 Listed on: 05/03/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

James Janicke

Hearth & Home Real Estate LLC License #475165439

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,289

Year Built

  • Built in 1995

Lot Details

  • 0.3

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Basement Window Egress

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • 0.3 Acre Lot

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,782
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,289

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Finished,Egress Window,Sleeping Area
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 2

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 296000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 428

Lot Info

  • Lot Size Acres: 0.3
  • Lot Dimensions: 43.16X150.91X29.2X159.53; 21.92X11.14X150.30X45.80X150.91
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Insurance Expense: 1782
  • GrossIncome: 28800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s,Duplex Side by Side

Tax Info

  • Tax Annual Amount: 8288.88
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
May 31, 2024
Sold by
Grigsby Richard L and Grigsby Lisa I
Bought by
Cruz Maria
Seller's Agent
Jill Doherty
Coldwell Banker Real Estate Group
Buyer's Agent
James Janicke
Hearth & Home Real Estate LLC
List Price
$296,000
Sold Price
$300,000
Premium/Discount to List
$4,000
1.35%
Views
14
Current Estimated Value
$322,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,802
Avg. Annual Appreciation
5.53%
Original Mortgage
$294,566
Outstanding Balance
$289,795
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$33,007
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cruz Maria $300,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Maria $294,566
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2024 06/13/24 Sold $300,000 +1.4% --
05/05/2024 05/05/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $296,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,202 $102,799 $13,959 $88,840
2023 $4,202 $44,534 $5,860 $38,674
2022 $4,118 $40,659 $6,688 $33,971
2021 $4,229 $38,135 $6,273 $31,862
2020 $4,325 $37,527 $6,173 $31,354
2019 $4,241 $36,052 $5,930 $30,122
2018 $4,141 $34,830 $5,729 $29,101
2017 $4,180 $33,481 $5,507 $27,974
2016 $4,134 $32,636 $5,368 $27,268
2015 -- $30,923 $5,086 $25,837
2014 -- $31,320 $7,358 $23,962
2013 -- $32,899 $7,729 $25,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12040322

Midwest Real Estate Data (MRED)

APN: 08-21-401-043