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West Dundee 60118
1389 GRAND POINTE Boulevard
$422,000
● House - Off Market

1389 GRAND POINTE Boulevard

West Dundee, IL 60118
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,100 Ft²
$496,980
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Great location in Grand Pointe Meadows! Take in views of spectacular sunsets over open space right outside the front door. Volume ceiling grand entry open to second floor landing. The large overhead entry window streams natural light into the airy floorplan.  Freshly painted main floor with formal living room, formal dining room, home office, and sizable family room with brick fireplace. Eat in kitchen with island, double oven and walk in pantry. Enormous master suite with tray ceiling and a large walk in closet. Master bath has double bowl sink, jetted tub and separate shower. Painted in zen colors encouraging relaxation to get away from the everyday busy. Convenient second floor laundry. Gorgeous corner lot with a fantastic paver patio and paver knee sitting wall in a fully fenced backyard.
Unit Size
3,100 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$139
Property Type
House
Property Taxes
$803
HOA Dues
-
Year Built
2003

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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 #11130456)

Price History

Date / Event Date Event Price
Jul 23, 2021 Sold
Premium
Sold
Jun 21, 2021 Listed by Compass $430,000
Listed by Compass

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,481
  • Garage Type: 1
  • Garage Square Area: 465
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,123
  • Total Building Area: 4,923
  • Gross Building Area: 4,923
  • Building Area: 2,977
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,977
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH ACRES
  • Land Acres: 0000000278
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: HIGH ACRES SUB UNIT 2 LOT 63 RANGE CODE: 8 E TWSHP 42N

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850103

Geography

  • Parcel: 03-17-476-006
  • Lot: 63
  • Municipality: DUNDEE
  • Latitude: 42.1125
  • Longitude: -88.3206

    Address

  • Full Address: 1389 Grand Pointe Blvd
  • Legal Unit: 2-63
  • Address - House Number: 1389
  • Address - Street Name: Grand Pointe
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: West Dundee
  • Carrier Code: R006
  • 4-Digit Zip Code: 1537
  • Zip Code: 60118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $959,712
  • Tax Rate Code Area: DU014

    Appraisal Valuation

  • Standard Deviation: 0.1496
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 480,642
  • High Value: 552,590
  • Low Value: 408,694

    Market Valuation

  • Market Total Value: $344,943
  • Market Land Value: $69,481
  • Market Improvement Value: $275,462

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $114,935
  • Assessed Land Value: $23,151
  • Assessed Improvements Value: $91,784

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K057878
  • Previous Sale Recording Date: Dec 08, 2005
  • Previous Sale Contract Date: Nov 16, 2005
  • Previous Sale Amount: $438,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 West Dundee

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2064 ft²

Average Home Age

36.9 years

Currently For Sale

16 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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MRED

Listed by: Georgiana Sinnett, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11130456
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 1389 Grand Pointe Boulevard built and last sold?
The property at 1389 Grand Pointe Boulevard was built in 2003 and last sold on Jul 14, 2021 for $422,000.
How much is this home worth?
The estimated value of the home located at 1389 Grand Pointe Boulevard is $442,729.
What are some comparable homes to 1389 Grand Pointe Boulevard?
There are currently no comparable homes to 1389 Grand Pointe Boulevard.
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