When was property at 1340 Vernon Lane built and last sold?

The property at 1340 Vernon Lane was built in 1993 and last sold on Mar 18, 2024 for $429,000.

How much is this home worth?

The estimated value of the home located at 1340 Vernon Lane is $437,331.

What are some comparable homes to 1340 Vernon Lane?

There are currently no comparable homes to 1340 Vernon Lane.

Bartlett

60103

1340 Vernon Lane

$429,000

● House - Off Market

1340 Vernon Lane

Bartlett, IL 60103

4 Beds

4 Baths, 2 Half Baths

2,705 Ft²

$3,103

Est. Monthly

6.73%

Cap Rate

About This Property

Family Friendly Fairfax! The Wedgewood Model is one of the largest homes Lexington built here in Fairfax. Features are generous Living Room & Dining Room, Kitchen and Family room! The 1st floor Office could be converted to a 1st floor bedroom. 4 bedrooms upstairs, and a finished basement with a current 5th bedroom and 1/2 bath. Furnace and central air approx. 10 yrs old, newer roof and siding. To be sold "as-is". Home is priced to reflect condition, in complete need of updating, needs windows, needs yard attention. In prime condition, this model is selling between 540,000-590,000.

Unit Size

2,705 Ft²

Days on Market

Land Size

Price per sqft

$157

Property Type

House

Property Taxes

$1,016

HOA Dues

Year Built

1993

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11838474)

Price History

Date / Event	Date	Event
Mar 18, 2024	Sold	Premium
Sold
Jul 20, 2023	Listed by RE/MAX All Pro	$425,000
Listed by RE/MAX All Pro
Jun 5, 2023	No longer available	-
No longer available
Apr 17, 2023	Listed by Redfin Corporation	$470,000
Listed by Redfin Corporation

	Amazing opportunity to flex your updating muscles in a spacious 4BR, 2 full, 2 half bathroom home with finished basement in highly desired Bartlett with over 3500 sqft of living space! The main level offers a large formal living/dining room combo, eat-in kitchen with island and plenty of cabinets, adjacent family room, laundry, half bathroom, and den that could be converted into a main level BR. Upstairs offers 4 generously sized BRs, including the large primary BR with vaulted ceilings, walk-in closet and large private primary bathroom. The finished basement offers even more space to grow with plenty of room for your living and storage needs. Enjoy the outdoors in your large, fenced-in yard, just in time for Spring! So close to schools, shopping, entertainment, parks/paths, expressways, Metra and so much more! The manager has listed the unit size as 2750 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1993

Effective Year Built: 1993
Building Count: 1
Total Rooms: 12
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 10
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 8
Basement Area: 1,489
Garage Type: 7
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,890

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 500
Total Building Area: 2,705
Gross Building Area: 2,705
Building Area: 2,705
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 2,705
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SILVERCREST UNIT 5
Land Acres: 0000000250
Standard Land Use Code: 1001
County Land Use Code: R
Legal Description 1: SILVERCREST UNIT 5 ALL

Neighborhood

School District Name: School District U-46

School Tax School District: DISTRICT 46
Census Tract: 841318

Zoning

Zoning: R

Geography

Parcel: 01-11-402-013

Lot: 340
Municipality: WAYNE
Latitude: 41.959
Longitude: -88.1725

Address

Full Address: 1340 Vernon Ln

Legal Unit: 5
Address - House Number: 1340
Address - Street Name: Vernon
Address - Suffix Type: Ln
State: IL
City Name: Bartlett
Carrier Code: R011
4-Digit Zip Code: 8926
Zip Code: 60103

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,218,732
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: 1150

Appraisal Valuation

Standard Deviation: 0.0841

Valuation Date: Mar 20, 2024
Confidence Score: 93
Final Value: 399,635
High Value: 433,281
Low Value: 365,990

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $436,410

Market Land Value: $93,750
Market Improvement Value: $342,660

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $145,470
Assessed Land Value: $31,250
Assessed Improvements Value: $114,220

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Mar 18, 2024

Current Sale Recording Date: Mar 21, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 14927
Previous Sale Recording Date: Oct 22, 2013
Previous Sale Contract Date: May 17, 2013
Previous Sale Amount: $275,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Bartlett

Stats & Trends

Median Asking:

$419,700

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

Average Home Size

1994 ft²

Average Home Age

25.7 years

Currently For Sale

66 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

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$3,200 /mo

3 Beds
3 Baths
2,000 ft²

1780 Nautilus Lane, Hanover Park, IL, 60133 Listing by Benyamin Lalez

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

Unit for rent at 342 W Jervey Lane, Bartlett, IL, 60103

$3,350 /mo

4 Beds
2 Baths
1,500 ft²

342 W Jervey Lane #342, Bartlett, IL, 60103 Listing by Ed Calusinski

Rentals Near You

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Listed by: Sue Rogus, RE/MAX All Pro
Last Updated: 3 years ago
Data Source: MRED, MLS# 11838474

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.

1340 Vernon Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Bartlett

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions