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Palatine 60067
1112 N Pepper Tree Drive
$420,000
● House - Off Market

1112 N Pepper Tree Drive

Palatine, IL 60067
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,275 Ft²
$431,472
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Move right in! Welcome to this open & bright floor plan 4 beds & 2 1/2 home. Home features a cathedral ceiling, large living room with 2 story fireplace, Open concept Kitchen w. pegged oak flooring is open to the cozy family room/with sliding to the 2 tiered deck overlooking a beautiful fenced yard. Spacious master bedroom suite with a beautiful updated master bathroom and bonus room could be used for storage or a walking closet. Extra large garage features an epoxy floor and has a storage/loft area. Paved driveway leads to the front entrance. Short walk to the Community warm water swimming pool, tennis court, park and close to forest preserves! New carpet in living room, dining area, stairs and guest bedroom in 2022. New siding in 2021. New water heater in 2021.
Unit Size
2,275 Ft²
Days on Market
-
Land Size
-
Price per sqft
$184
Property Type
House
Property Taxes
$836
HOA Dues
$12
Year Built
1970

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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 #11322483)

Price History

Date / Event Date Event Price
Mar 30, 2022 Sold
Premium
Sold
Feb 10, 2022 Listed by Pan Realty $419,000
Listed by Pan Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,650
  • Total Building Area: 2,275
  • Gross Building Area: 2,275
  • Building Area: 2,275
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,275
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEPPER TREE FARMS UNIT2
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (PEPPER)(TREE)FARMS(UNIT2) SUB OF PT OF WH NW SEC 11-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803604

Geography

  • District: 29
  • Parcel: 02-11-113-007-0000
  • Block: 8
  • Lot: 7
  • Meridian: SEC 11 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1334
  • Longitude: -88.0422

    Address

  • Full Address: 1112 N Pepper Tree Dr
  • Legal Unit: 2
  • Address - House Number: 1112
  • Street Direction: N
  • Address - Street Name: Pepper Tree
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Palatine
  • Carrier Code: C035
  • 4-Digit Zip Code: 2742
  • Zip Code: 60067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,145,623
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 464,370
  • High Value: 569,290
  • Low Value: 359,450

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $85,200
  • Market Improvement Value: $314,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $8,520
  • Assessed Improvements Value: $31,480

    Sales

  • Current Sale Contract Date: Mar 24, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2209847149
  • Previous Sale Recording Date: Apr 08, 2022
  • Previous Sale Contract Date: Mar 24, 2022
  • Previous Sale Amount: $420,000
  • 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 Palatine

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1812 ft²

Average Home Age

44.2 years

Currently For Sale

108 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 21599 W Field Court, Deer Park, IL, 60010

$3,927 /mo

  • 2 Beds
  • 2 Baths
  • 1,647 ft²
21599 W Field Court #5216, Deer Park, IL, 60010 Listing by Mauro Giannelli

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nien-Wen Chou, Pan Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11322483
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 1112 North Pepper Tree Drive built and last sold?
The property at 1112 North Pepper Tree Drive was built in 1970 and last sold on Mar 24, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 1112 North Pepper Tree Drive is $0.
What are some comparable homes to 1112 North Pepper Tree Drive?
There are currently no comparable homes to 1112 North Pepper Tree Drive.
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