NOT LISTED FOR SALE

505 N Cedar Rd New Lenox, IL 60451

Estimated Value: $277,374 - $382,000

3 Beds
2 Baths
-- Sq Ft
9,148 Sq Ft Lot Lot

Sale Details

Date Sold: August 23, 2022

Last sale price $215,000

Est. 53% increase in value since last sale

Current estimated payment $2,209 / mo

72 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to New Lenox Station
  • Formal Dining Room
  • Lincoln Way West Rated A
  • Corner Lot
  • 2-minute walk to Haines Wayside Park

About This Home

As of August 2022

Traditional Cape Cod right in the heart of New Lenox! Home sits on a beautiful corner lot with a picture perfect yard ~ newer high-efficiency furnace and hot water tank also newer vinyl clad windows~ Walk to schools, train and restaurants! Come take a look!

Last Agent to Sell the Property

Cheryl Colanto

Dunn & Niemann Real Estate License #475139254 Listed on: 05/10/2022

Co-Listed By

Judith Niemann

Dunn & Niemann Real Estate License #471010939

Last Buyer's Agent

Benjamin Hinchley

eXp Realty License #475195200

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,959

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60 x 157
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,959

Lot Details

9,148 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Laundry, First Floor Full Bath
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1, Other
  • Heating: Steam, Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Dimensions: 60 X 157
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4959.4
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Aug 23, 2022
Sold by
Rose Mary Huttenhoff Trust
Bought by
Hinchley Benjamin R
Seller's Agent
Cheryl Colanto
Dunn & Niemann Real Estate
Buyer's Agent
Benjamin Hinchley
eXp Realty
List Price
$309,900
Sold Price
$215,000
Premium/Discount to List
-$94,900
-30.62%
Current Estimated Value
$328,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,844
Avg. Annual Appreciation
12.24%
Original Mortgage
$208,550
Outstanding Balance
$199,758
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$129,086
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hinchley Benjamin R $215,000 Law Office Of Theresa A Berkey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinchley Benjamin R $208,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $215,000 -9.5% --
07/22/2022 07/22/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $237,500 -8.3% --
06/12/2022 06/12/22 Price Changed $259,000 -7.5% --
05/25/2022 05/25/22 Price Changed $279,900 -6.7% --
05/17/2022 05/17/22 Price Changed $299,900 -3.2% --
05/10/2022 05/10/22 For Sale $309,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $5,731 $78,619 $26,669 $51,950
2023 $5,731 $80,249 $24,311 $55,938
2022 $5,445 $73,928 $22,396 $51,532
2021 $5,129 $69,527 $21,063 $48,464
2020 $4,959 $67,046 $20,311 $46,735
2019 $4,726 $64,967 $19,681 $45,286
2018 $4,593 $62,727 $19,002 $43,725
2017 $4,345 $60,924 $18,456 $42,468
2016 $4,200 $59,293 $17,962 $41,331
2015 $4,037 $57,427 $17,397 $40,030
2014 $4,037 $56,718 $17,182 $39,536
2013 $4,037 $57,483 $17,414 $40,069
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Colanto

    Seller's Agent in 2022

    Cheryl Colanto

    Dunn & Niemann Real Estate

    (815) 405-9405

    14 in this area

    33 Total Sales

    Cheryl Colanto
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Judith Niemann

    Dunn & Niemann Real Estate

    (815) 485-2724

    12 in this area

    23 Total Sales

    Judith Niemann
    Section Image

  • B

    Buyer's Agent in 2022

    Benjamin Hinchley

    eXp Realty

    (630) 257-8372

    1 in this area

    10 Total Sales

    Benjamin Hinchley
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11399914

Midwest Real Estate Data (MRED)

APN: 15-08-16-404-019

Illinois Will County New Lenox 60451

505 N Cedar Rd, New Lenox, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.