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Bartlett 60103
1534 Derby Lane
$390,000
● House - Off Market

1534 Derby Lane

Bartlett, IL 60103
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,354 Ft²
$414,349
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

HUGE CONVERTIBLE LOFT would easily convert into a 4th bed! Nicely maintained located in Woodland Hills subdivision. Cul-de-sac location and corner lot!!!  Enter the home to a two story foyer and living room! Spacious kitchen with newer refrigerator and dishwasher.  Foyer and kitchen flooring refinished March 2022! Enjoy the second floor with the oversized master suite, with walk-in closet & private bathroom with soaking tub and brand new flooring, dual sink vanity, separate shower. Two secondary bedrooms, full bathroom & convertible loft complete the second floor. Everyday living is made easier with the full finished PARTIAL basement with full bath. Siding and water heater new in the last 10 years.
Unit Size
2,354 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$172
Property Type
House
Property Taxes
$867
HOA Dues
$37
Year Built
1997

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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 #11363126)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
Apr 1, 2022 Listed by GMC Realty LTD $405,000
Listed by GMC Realty LTD

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,354
  • Building Area: 2,354
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,354
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLAND HILLS
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: WOODLAND HILLS UNIT 11A LOT 1139

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841308

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2966-C2
  • Parcel: 01-16-212-009
  • Lot: 1139
  • Municipality: WAYNE
  • Latitude: 41.952
  • Longitude: -88.2114

    Address

  • Full Address: 1534 Derby Ln
  • Legal Unit: 11
  • Address - House Number: 1534
  • Address - Street Name: Derby
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bartlett
  • Carrier Code: R008
  • 4-Digit Zip Code: 2053
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,027,888
  • Tax Rate Code Area: 1173

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 486,808
  • High Value: 563,327
  • Low Value: 410,288

    Market Valuation

  • Market Total Value: $370,890
  • Market Land Value: $99,660
  • Market Improvement Value: $271,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $123,630
  • Assessed Land Value: $33,220
  • Assessed Improvements Value: $90,410

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 80145
  • Previous Sale Recording Date: Aug 26, 2022
  • Previous Sale Contract Date: Jul 11, 2022
  • Previous Sale Amount: $390,000
  • 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 Bartlett

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1986 ft²

Average Home Age

25.7 years

Currently For Sale

63 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 1334 Filly Lane, Bartlett, IL, 60103

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,000 ft²
1334 Filly Lane #1334, Bartlett, IL, 60103 Listing by Pankti Patel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sara Hassan, GMC Realty LTD
Last Updated: 3 years ago
Data Source: MRED, MLS# 11363126
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 1534 Derby Lane built and last sold?
The property at 1534 Derby Lane was built in 1997 and last sold on Jul 15, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 1534 Derby Lane is $0.
What are some comparable homes to 1534 Derby Lane?
There are currently no comparable homes to 1534 Derby Lane.
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