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Bartlett 60103
1161 Pinetree Lane
$405,000
● House - Off Market

1161 Pinetree Lane

Bartlett, IL 60103
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,316 Ft²
$2,785
Est. Monthly
7.91%
Cap Rate

About This Property

Nice size 2story offering 4 bedrooms with open floor plan! Vaulted ceiling in living room and dining room area. Freshly painted throughout! Many possibilities for the loft area overlooking the living room. Eat-in-Kitchen has ceramic tile floor, new stove with air fryer and stove hood! Some amenities include vaulted ceiling, canned lighting, ceiling fans, storage shed and newer furnace. Updated windows and vinyl siding. Architectural shingled roof. Sliding glass doors off kitchen leads to good size deck overlooking large fenced yard! Close to Bartlett Park District, Apple Orchard Golf course and Bartlett train station.
Unit Size
2,316 Ft²
Days on Market
-
Land Size
-
Price per sqft
$184
Property Type
House
Property Taxes
$697
HOA Dues
-
Year Built
1984

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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 #12149805)

Price History

Date / Event Date Event Price
Oct 9, 2024 Sold
Premium
Sold
Sep 19, 2024 In contract -
In contract
Sep 12, 2024 Price Decreased $425,000
↓ $14K (3.2%)
Price Decreased
Aug 28, 2024 Listed by REMAX Legends $439,000
Listed by REMAX Legends

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,316
  • Gross Building Area: 2,316
  • Building Area: 2,316
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,316
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: KENROYS APPLE ORCHARD SUB
  • Land Acres: 0000000210
  • Standard Land Use Code: 0532
  • County Land Use Code: L
  • Legal Description 1: KENROYS APPLE ORCHARD SUB NO 6 UNIT 6 ALL

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841327

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2910-D7
  • Parcel: 01-10-318-003
  • Lot: 135
  • Municipality: WAYNE
  • Latitude: 41.9647
  • Longitude: -88.1939

    Address

  • Full Address: 1161 Pinetree Ln
  • Legal Unit: 6
  • Address - House Number: 1161
  • Address - Street Name: Pinetree
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bartlett
  • Carrier Code: C035
  • 4-Digit Zip Code: 5886
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $836,868
  • Tax Rate Code Area: 1036

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 416,205
  • High Value: 481,627
  • Low Value: 350,783

    Market Valuation

  • Market Total Value: $287,310
  • Market Land Value: $73,620
  • Market Improvement Value: $213,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,770
  • Assessed Land Value: $24,540
  • Assessed Improvements Value: $71,230

    Sales

  • Current Sale Contract Date: Nov 01, 1999
  • Current Sale Recording Date: Dec 17, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: R1999259236
  • Previous Sale Recording Date: Jun 21, 1996
  • Previous Sale Contract Date: Feb 26, 1991
  • Previous Sale Amount: $157,500
  • 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:

$419,700

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1964 ft²

Average Home Age

26 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 982 Valleyview Drive, Bartlett, IL, 60103

$3,350 /mo

  • 4 Beds
  • 2 Baths
  • 2,028 ft²
982 Valleyview Drive, Bartlett, IL, 60103 Listing by Kelly Dunlop

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kenneth Lemberger, REMAX Legends
Last Updated: 3 years ago
Data Source: MRED, MLS# 12149805
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 1161 Pinetree Lane built and last sold?
The property at 1161 Pinetree Lane was built in 1984 and last sold on Nov 1, 1999 for $183,000.
How much is this home worth?
The estimated value of the home located at 1161 Pinetree Lane is $432,950.
What are some comparable homes to 1161 Pinetree Lane?
There are currently no comparable homes to 1161 Pinetree Lane.
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