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Geneva 60134
156 Abbey Lane
$475,000
● House - Off Market

156 Abbey Lane

Geneva, IL 60134
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,686 Ft²
$502,869
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Beautiful red brick greets visitors as they enter this four bedroom home. First floor den and full bath. Open floor plan with hardwood floors throughout. Large primary suite with access to second floor balcony overlooking a quiet cal-du-sac. Large brick patio and yard backs to Heartland Elementary School. Finished basement with storage area. Original owners hate to leave. Don't miss this one.
Unit Size
2,686 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$186
Property Type
House
Property Taxes
$853
HOA Dues
$6
Year Built
2000

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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 #11740366)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Mar 18, 2023 Listed by Andrea Heeg Real Estate LLC $499,000
Listed by Andrea Heeg Real Estate LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 8
  • Basement Area: 1,128
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 85

    Dimensions

  • Lot Size Square Feet: 15,530
  • Total Building Area: 3,814
  • Gross Building Area: 3,814
  • Building Area: 2,686
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,686
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FISHER FARM
  • Land Acres: 0000000357
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 10 IN FISHER FARM NEIGHBORHOOD 8

Neighborhood

  • School District Name: Geneva Community Unit School District 304
  • Census Tract: 854800

Geography

  • Parcel: 12-05-329-002
  • Lot: 10
  • Municipality: GENEVA
  • Latitude: 41.8877
  • Longitude: -88.3515

    Address

  • Full Address: 156 Abbey Ln
  • Address - House Number: 156
  • Address - Street Name: Abbey
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Geneva
  • Carrier Code: R065
  • 4-Digit Zip Code: 4664
  • Zip Code: 60134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,055,836
  • Tax Rate Code Area: GE029

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 516,029
  • High Value: 587,707
  • Low Value: 444,350

    Market Valuation

  • Market Total Value: $405,327
  • Market Land Value: $82,827
  • Market Improvement Value: $322,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $135,055
  • Assessed Land Value: $27,598
  • Assessed Improvements Value: $107,457

    Sales

  • Current Sale Contract Date: May 09, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15385
  • Previous Sale Recording Date: Jan 03, 2001
  • Previous Sale Contract Date: Sep 20, 2000
  • Previous Sale Amount: $329,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Geneva

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2046 ft²

Average Home Age

47.8 years

Currently For Sale

46 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: Andrea Heeg, Andrea Heeg Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11740366
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 156 Abbey Lane built and last sold?
The property at 156 Abbey Lane was built in 2000 and last sold on May 9, 2023 for $475,000.
How much is this home worth?
The estimated value of the home located at 156 Abbey Lane is $0.
What are some comparable homes to 156 Abbey Lane?
There are currently no comparable homes to 156 Abbey Lane.
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