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Gurnee 60031 Elysian Fields
1496 Vineyard Drive
$285,000
● House - Off Market

1496 Vineyard Drive

GURNEE, IL 60031
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,367 Ft²
$469,614
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

SUNNY, SPACIOUS HOUSE IN DESIRABLE ELYSIAN FIELDS. SPACIOUS OPEN FLOOR PLAN. ELEGANT FOYER. 2STY LR/DR COMBO W/VOL WINDOWS. EAT-IN KITCHEN WITH SLIDERS TO YARD. LARGE FAMILY  RM, 5TH BR, 3 FULL BATH  & LAUNDRY ON 1ST FL. MASTER WITH HUGE WALKING CLOSET. FULL FINISHED BASEMENT WITH 2 EXTRA ROOMS LG YARD. 2 CAR ATT GARAGE.  BACKS TO WOODS. SELLERS OFFER $2000 CLOSING CREDIT .
Unit Size
2,367 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$120
Property Type
House
Property Taxes
$687
HOA Dues
$21
Year Built
1995

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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 #09510795)

Price History

Date / Event Date Event Price
Mar 31, 2017 Sold
Premium
Sold
Feb 22, 2017 Listed by Cambridge Realty Partners $285,000
Listed by Cambridge Realty Partners

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,208
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 4,073
  • Gross Building Area: 4,073
  • Building Area: 2,403
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,403
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELYSIAN FIELDS PHASE TWO
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ELYSIAN FIELDS PHASE TWO; LOT 213

Neighborhood

  • School District Name: Woodland Community Consolidated School District 50
  • Census Tract: 861609

Geography

  • Assessors Map Reference: 2476-E6
  • District: WARREN
  • Subdivision Phase Number: 2
  • Parcel: 07-18-205-007
  • Lot: 213
  • Municipality: TWP OF WARREN
  • Latitude: 42.3809
  • Longitude: -87.992

    Address

  • Full Address: 1496 Vineyard Dr
  • Address - House Number: 1496
  • Address - Street Name: Vineyard
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gurnee
  • Carrier Code: R010
  • 4-Digit Zip Code: 5610
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $822,918
  • Tax Rate Code Area: 8029

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 432,190
  • High Value: 501,233
  • Low Value: 363,148

    Market Valuation

  • Market Total Value: $365,764
  • Market Land Value: $49,904
  • Market Improvement Value: $315,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,909
  • Assessed Land Value: $16,633
  • Assessed Improvements Value: $105,276

    Sales

  • Current Sale Contract Date: Mar 23, 2017
  • Current Sale Recording Date: Apr 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7385444
  • Previous Sale Recording Date: Nov 10, 2011
  • Previous Sale Contract Date: Oct 31, 2011
  • Previous Sale Amount: $264,000
  • 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 Elysian Fields

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$168

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1946 ft²

Average Home Age

31.3 years

Currently For Sale

4 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 35580 N Knowles Road, Lake Villa, IL, 60046

$5,000 /mo

  • 7 Beds
  • 3 Baths
  • 4,570 ft²
35580 N Knowles Road, Lake Villa, IL, 60046 Listing by Amanda Stamelos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Cambridge Realty Partners
Last Updated: 3 years ago
Data Source: MRED, MLS# 09510795
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 1496 Vineyard Drive built and last sold?
The property at 1496 Vineyard Drive was built in 1995 and last sold on Mar 23, 2017 for $278,100.
How much is this home worth?
The estimated value of the home located at 1496 Vineyard Drive is $287,850.
What are some comparable homes to 1496 Vineyard Drive?
There are currently no comparable homes to 1496 Vineyard Drive.
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