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Romeoville 60446
1604 LAVENDER Drive
$388,000
● House - Off Market

1604 LAVENDER Drive

Romeoville, IL 60446
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,100 Ft²
$377,772
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

CURB APPEAL AND CHARM!!!! THIS GEM IS TUCKED IN THE WESGLEN CLUBHOUSE COMMUNITY WITH POOL AND FIFTNESS CENTER. THIS BEAUTIFUL WELL CARED HOME OFFERS 4 BEDROOMS, 2.5 BATHS. HARDWOOD FLOORS THROUGHOUT. A BRIGHT LIVING/ DINING ROOM, SPACIOUS EAT-IN KITCHEN WITH OAK CABINETS AND GRANITE COUNTER TOP. NICE FAMILY ROOM WITH A DUAL GAS AND WOOD BURNING FIREPLACE. FABULOUS MASTER BEDROOM WITH MASTER  BATH.  FULL FINISHED BASEMENT WITH A RECREATION ROOM. 2CAR ATTACHED GARAGE. ROOF AND SIDING ONLY 3 YEARS OLD. WATER SOFTER 5 YRS. YOUR NEW HOME IS WAITING!!! ALL APPLIANCES STAYS WITH A FULL OFFER.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$181
Property Type
House
Property Taxes
$701
HOA Dues
$58
Year Built
2001

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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 #11746367)

Price History

Date / Event Date Event Price
Aug 22, 2023 Sold
Premium
Sold
Mar 28, 2023 Listed by RE/MAX 1st Service $379,900
Listed by RE/MAX 1st Service

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • 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: 740
  • Garage Type: 1
  • Garage Square Area: 100
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,700
  • Total Building Area: 2,832
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESGLEN NEIGHBORHOOD 8
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 971 IN WESGLEN SUB NEIGHBORHOOD 8, BEING A SUB OF PRT OF THE SW 1/4 OF SEC. 7, T36N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880511

Geography

  • Parcel: 11-04-07-314-024
  • Lot: 971
  • Meridian: SEC 07 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.6109
  • Longitude: -88.1385

    Address

  • Full Address: 1604 Lavender Dr
  • Address - House Number: 1604
  • Address - Street Name: Lavender
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Romeoville
  • Carrier Code: R030
  • 4-Digit Zip Code: 5137
  • Zip Code: 60446

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $882,722
  • Tax Rate Code Area: 1139

    Appraisal Valuation

  • Standard Deviation: 0.0895
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 92
  • Final Value: 366,296
  • High Value: 399,110
  • Low Value: 333,483

    Market Valuation

  • Market Total Value: $260,706
  • Market Land Value: $74,070
  • Market Improvement Value: $186,636

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,902
  • Assessed Land Value: $24,690
  • Assessed Improvements Value: $62,212

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44895
  • Previous Sale Recording Date: Oct 23, 2001
  • Previous Sale Contract Date: Oct 05, 2001
  • Previous Sale Amount: $180,500
  • 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 Romeoville

Stats & Trends

Median Asking:

$315,825

Sale Price/ft²

$195

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1688 ft²

Average Home Age

37.6 years

Currently For Sale

61 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 16434 Club Court, Crest Hill, IL, 60403

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,675 ft²
16434 Club Court, Crest Hill, IL, 60403 Listing by Mike McCatty

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gloria Ulloa, RE/MAX 1st Service
Last Updated: 3 years ago
Data Source: MRED, MLS# 11746367
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 1604 Lavender Drive built and last sold?
The property at 1604 Lavender Drive was built in 2001 and last sold on Jun 16, 2023 for $388,000.
How much is this home worth?
The estimated value of the home located at 1604 Lavender Drive is $0.
What are some comparable homes to 1604 Lavender Drive?
There are currently no comparable homes to 1604 Lavender Drive.
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