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Bartlett 60103
1027 Valewood Road
$338,000
● House - Off Market

1027 Valewood Road

Bartlett, IL 60103
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,304 Ft²
$333,724
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

BEAUTIFUL 3 BEDROOM, 2 BATHROOM RANCH IN A NICE "APPLE ORCHARD" SUBDIVISION. GREAT CONDITION! INTERIOR OFFERS OPEN FLOOR PLAN - CUSTOM GOURMET HICKORY KITCHEN WITH STAINLESS STEEL APPLIANCES INCLUDING 6 BURNER COMMERCIAL RANGE, GRANITE COUNTERTOPS, PANTRY CLOSET. SPACIOUS DINING ROOM  AREA, CURRENTLY LARGE GRANITE ISLAND. HARDWOOD FLOORS, RECESSED LIGHTING. GORGEOUS BATHROOMS. VINYL WINDOWS WITH NEW PATIO DOOR. NEWER LAUNDRY. EVERY ROOM IS PROFESSIONALLY EQUIPPED WITH A TECH WIRING.  EXTERIOR FEATURES NEWER SIDING, GUTTERS, SOFFITS, DOWNSPOUTS, AND A CUSTOM-BUILT PAVED STONE PATIO WITH A FIRE PIT. NEWER SHED AND MUCH MOORE! CONVENIENT LOCATION, CLOSE TO SHOPPING, DINING, HWY..
Unit Size
1,304 Ft²
Days on Market
-
Land Size
-
Price per sqft
$253
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1963

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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 #11406390)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
May 17, 2022 Listed by RE/MAX City $329,900
Listed by RE/MAX City

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,304
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: APPLE ORCHARD COUNTRY CLUB SUBDIVISION
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: APPLE ORCHARD COUNTRY CLUB SUBDIVISION

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841316

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2910-C6
  • Parcel: 01-10-102-021
  • Lot: 96
  • Municipality: WAYNE
  • Latitude: 41.9698
  • Longitude: -88.2019

    Address

  • Full Address: 1027 Valewood Rd
  • Address - House Number: 1027
  • Address - Street Name: Valewood
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bartlett
  • Carrier Code: R001
  • 4-Digit Zip Code: 5625
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $643,664
  • Tax Rate Code Area: 1036

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 366,373
  • High Value: 441,612
  • Low Value: 291,134

    Market Valuation

  • Market Total Value: $238,980
  • Market Land Value: $81,270
  • Market Improvement Value: $157,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,660
  • Assessed Land Value: $27,090
  • Assessed Improvements Value: $52,570

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jul 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 64113
  • Previous Sale Recording Date: Jan 02, 2015
  • Previous Sale Contract Date: Dec 29, 2014
  • Previous Sale Amount: $210,500
  • Previous Sale Document Type: 71
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 Bartlett

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1994 ft²

Average Home Age

26.2 years

Currently For Sale

65 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

Unit for rent at 385 Bradbury Lane, Bartlett, IL, 60103

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,609 ft²
385 Bradbury Lane, Bartlett, IL, 60103 Listing by Angela Lim
Unit for rent at 1334 Filly Lane, Bartlett, IL, 60103

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,000 ft²
1334 Filly Lane #1334, Bartlett, IL, 60103 Listing by Pankti Patel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Teresa Slowinski, RE/MAX City
Last Updated: 3 years ago
Data Source: MRED, MLS# 11406390
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 1027 Valewood Road built and last sold?
The property at 1027 Valewood Road was built in 1963 and last sold on Jun 1, 2022 for $338,000.
How much is this home worth?
The estimated value of the home located at 1027 Valewood Road is $332,139.
What are some comparable homes to 1027 Valewood Road?
There are currently no comparable homes to 1027 Valewood Road.
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