When was property at 171 Drake Lane built and last sold?

The property at 171 Drake Lane was built in 1959 and last sold on Aug 16, 2021 for $333,500.

How much is this home worth?

The estimated value of the home located at 171 Drake Lane is $0.

What are some comparable homes to 171 Drake Lane?

There are currently no comparable homes to 171 Drake Lane.

Des Plaines

60016

171 DRAKE Lane

$333,500

● House - Off Market

171 DRAKE Lane

Des Plaines, IL 60016

3 Beds

2 Baths

1,216 Ft²

$372,973

RealtyHop Estimate

14.44%

Since Sep 1, 2021

National-US

Primary Model

About This Property

THIS SOLID BRICK SPLIT-LEVEL HOME IS LOCATED IN DESIRABLE CUMBERLAND SUBDIVISION & SITS ON A BEAUTIFUL CORNER LOT. OFFERS 3 BEDROOMS, 2 FULL BATHROOMS AND LARGE FAMILY ROOM IN LOWEL LEVEL WITH A GAS FIREPLACE. HOME HAS BEEN FRESHLY PAINTED. ALL HARDWOOD FLOORS THROUGHOUT JUST REFINISHED. KITCHEN FEATURES EATING AREA WITH NEWER APPLIANCES & TONS OF OAK CABINETS. 2 CAR DETACHED GARAGE HAS A HEATED WORKSHOP. FENCED YARD WITH GENEROUS SIZED PATIO FOR ENTERTAINING. LOTS OF NEW ITEMS! ROOF ON BOTH HOUSE & GARAGE REPLACED IN 2019, STOVE & DISHWASHER, BRAND NEW JUNE 2021, REFRIGERATIOR; 5 YEARS OLD, HWH; 5 YEARS OLD. FURANCE AND CENTRAL AIR; 7-8 YEARS OLD. SITUATED IN A QUIET NEIGHBORHOOD. WALK TO PARK AND METRA. JUST MINUTES FROM SHOPPING, 294 AND O'HARE AIRPORT. SOLID HOME THAT IS MOVE IN READY! BRING YOUR OFFER!

Unit Size

1,216 Ft²

Days on Market

Land Size

0.19 acres

Price per sqft

$268

Property Type

House

Property Taxes

$708

HOA Dues

Year Built

1959

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11153217)

Price History

Date / Event	Date	Event
Aug 23, 2021	Sold	Premium
Sold
Jul 12, 2021	Listed by Berkshire Hathaway HomeServices Starck Real Estate	$325,900
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1959

Effective Year Built: 1959
Building Count: 1
Total Rooms: 8
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 41
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,133

Total Building Area: 1,216
Gross Building Area: 1,216
Building Area: 1,216
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 1,216
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CUMBERLAND VILLAGE UNIT2
Land Acres: 0000000187
Standard Land Use Code: 1001
County Land Use Code: 2-34
Legal Description 1: (CUMBERLAND) VILLAGE (UNIT2) SUB LT C IN CUMBERLAND V ILLAGE UNIT1 SUB PT OF SW SEC 07-41-12

Neighborhood

School District Name: Des Plaines Community Consolidated School District 62

Census Tract: 806103

Geography

District: 22

Parcel: 09-07-315-019-0000
Lot: C
Meridian: SEC 07 TWN 41N RNG 12E
Municipality: MAINE
Latitude: 42.0582
Longitude: -87.918

Address

Full Address: 171 Drake Ln

Legal Unit: 2
Address - House Number: 171
Address - Street Name: Drake
Address - Suffix Type: Ln
State: IL
City Name: Des Plaines
Carrier Code: C022
4-Digit Zip Code: 2153
Zip Code: 60016

Valuation

Tax

Tax Year: 2022

Tax Amount: $874,846
Tax Rate Code Area: 22028

Appraisal Valuation

Standard Deviation: 0.2291

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 386,168
High Value: 474,669
Low Value: 297,666

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $340,000

Market Land Value: $69,130
Market Improvement Value: $270,870

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $34,000
Assessed Land Value: $6,913
Assessed Improvements Value: $27,087

Sales

Current Sale Contract Date: Aug 16, 2021

Current Sale Recording Date: Sep 02, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2124525005
Previous Sale Recording Date: Oct 06, 2006
Previous Sale Contract Date: Sep 20, 2006
Previous Sale Amount: $335,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: UNK

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1612 ft²

Average Home Age

53.1 years

Currently For Sale

103 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 11 W Prospect Avenue, Mount Prospect, IL, 60056

$3,180 /mo

2 Beds
1 Bath
968 ft²

11 W Prospect Avenue #220, Mount Prospect, IL, 60056 Listing by Lauren Evett

Unit for rent at 1238 Evergreen Avenue, Des Plaines, IL, 60016

$3,150 /mo

3 Beds
2 Baths
2,000 ft²

1238 Evergreen Avenue, Des Plaines, IL, 60016 Listing by Lindsay Metzger

Unit for rent at 1260 Evergreen Avenue, Des Plaines, IL, 60016

$2,900 /mo

2 Beds
2 Baths
1,775 ft²

1260 Evergreen Avenue, Des Plaines, IL, 60016 Listing by Vaseekaran Janarthanam

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lisa Nowogurski, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11153217

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.

171 DRAKE Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Des Plaines

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions