NOT LISTED FOR SALE

427 Spring Ave Dekalb, IL 60115

Estimated Value: $157,000 - $198,000

3 Beds
1 Bath
900 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $125,000 $139 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,198/month

21 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Shed
  • Ceiling Fan

About This Home

As of October 2023

Well maintained ranch located minutes from NIU campus and less than 1/2 mile from Interstate 88. This property offers 3 bedrooms, a full bath, one car garage and fenced yard all within walking distance of the Dekalb Sports & Recreation Center. With over half of NIU students living off campus, this property holds great investment opportunity or make it your own! Sold "as is".

Last Agent to Sell the Property

Michael Wittwer

DICKERSON & NIEMAN License #475170899 Listed on: 08/16/2023

DICKERSON & NIEMAN

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Stove
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,133

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Window Treatments
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Fuses
  • Additional Room 5: LAUNDRY, Dimensions: 11x5, On Level: Main
  • Appliances That Stay or Are Included: Dryer, Microwave, Refrigerator, Stove/Cooktop, Sump Pump, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 900
  • Exemptions: Owner, Additional Exemptions Apply
  • Front: 55
  • General Features: Garden Shed, Laundry 1st Floor, Main Floor Master, Patio, Fenced Yard
  • Grid: 29
  • Legal Description: CITY/MUNI/TWP DEKALB COLONIAL SUB LOT 6
  • Lot Acreage: 0.18
  • Lvt Date: 08/16/2023
  • Number of Main Level Full Bathrooms: 1
  • Rear: 55
  • Side 1: 140
  • Side 2: 140
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 110133
  • Elementary School: Other/Outside Area
  • Estimated Total Finished Sq Ft: 900
  • Garage Type Driveway: Detached
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Well maintained ranch located minutes from NIU campus and less than 1/2 mile from Interstate 88. This property offers 3 bedrooms, a full bath, one car garage and fenced yard all within walking distance of the Dekalb Sports & Recreation Center. With over half of NIU students living off campus, this property holds great investment opportunity or make it your own! Sold "as is".
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 900
  • L O1 Brokerage Number: 478001315
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Crawl Space
  • Master Bedroom: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Main
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Living Room: On Level: Main, Dimensions: 15x12
  • Price Per Sq Ft: 138.89
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Building Info

  • Year Built: 1955

Tax Info

  • Year: 2022
  • Taxes: 3133

MLS Schools

  • HighSchool: Other/Outside Area
  • School District: Other/Outside Area
  • Middle School: Other/Outside Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Sep 29, 2023
Sold by
Cutshaw Roberta
Bought by
Green Key Rentals Llc
Seller's Agent
Michael Wittwer
DICKERSON & NIEMAN
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Views
105
Current Estimated Value
$176,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,800
Avg. Annual Appreciation
19.46%
Original Mortgage
$100,000
Outstanding Balance
$98,059
Interest Rate
7.19%
Mortgage Type
Credit Line Revolving
Estimated Equity
$78,741
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
Green Key Rentals Llc $125,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Key Rentals Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $125,000 -10.7% $139 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $139,900 -6.7% $155 / Sq Ft
08/16/2023 08/16/23 For Sale $150,000 -- $167 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $3,133 $45,961 $8,820 $37,141
2023 $3,133 $40,074 $7,690 $32,384
2022 $3,133 $36,587 $8,776 $27,811
2021 $3,133 $34,315 $8,231 $26,084
2020 $3,883 $33,768 $8,100 $25,668
2019 $3,103 $32,441 $7,782 $24,659
2018 $3,717 $31,341 $7,518 $23,823
2017 $3,753 $30,127 $7,227 $22,900
2016 $3,711 $29,367 $7,045 $22,322
2015 -- $27,825 $6,675 $21,150
2014 -- $28,183 $9,659 $18,524
2013 -- $29,604 $10,146 $19,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202304703

NorthWest Illinois Alliance of REALTORS®

APN: 08-26-301-007