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Riverwoods 60015 Thorngate
2399 Masters Lane
$696,000
● House - Off Market

2399 Masters Lane

RIVERWOODS, IL 60015
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,819 Ft²
$1,206,386
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

EXQUISITE CONSERVANCY/POND VIEWS IN THIS LIKE NEW 4 BEDROOMS (PLUS 5TH IN A BASEMENT), 4 BTHS CONTEMPORARY CAPE WITH A LUXURY 1ST FLOOR MASTER BEDROOM AND LUXURY BATHROOM! DRAMATIC WITH A 18' HIGH CEILINGS AND 3 SKYLIGHTS LR AND DR WITH A WINDOW WALL, BRICK HEARTH FIREPLACE. 42" WHITE KITCHEN CABINETS WITH A GRANITE COUNTERS, ISLAND AND EAT IN AREA & FRENCH DOOR TO THE BRICK PAVER PATIO AND POND!. HUGE FINISHED BASEMENT WITH A BUILT IN BAR,CEDAR CLOSET,SAUNA, GYM, BEDROOM AND FULL BATH! NEW ROOF, AND FRESHLY PAINTED OUTSIDE AND INSIDE. CALIFORNIA CLOSETS T/O THE HOUSE. 4TH BEDROOM CURRENTLY USE AS AN OFFICE. FIVE STAR ( BLUE RIBBON) DEERFIELD HIGH SCHOOL! DON'T MISS THIS ONE, MUST SEE!
Unit Size
2,819 Ft²
Days on Market
-
Land Size
-
Price per sqft
$262
Property Type
House
Property Taxes
$1,279
HOA Dues
$125
Year Built
1994

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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 #09398576)

Price History

Date / Event Date Event Price
Apr 18, 2017 Sold
Premium
Sold
Dec 2, 2016 Listed by RE/MAX Villager $739,900
Listed by RE/MAX Villager

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,360
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 5,679
  • Gross Building Area: 5,679
  • Building Area: 2,819
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,819
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THORNGATE SUB UNIT 2
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: THORNGATE SUB UNIT 2; LOT 166

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864802

Geography

  • Assessors Map Reference: 2703-A7
  • District: WEST DEERFIE
  • Parcel: 16-31-110-001
  • Lot: 166
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.1651
  • Longitude: -87.8871

    Address

  • Full Address: 2399 Masters Ln
  • Legal Unit: 2
  • Address - House Number: 2399
  • Address - Street Name: Masters
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Riverwoods
  • Carrier Code: C011
  • 4-Digit Zip Code: 3877
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,734,794
  • Tax Rate Code Area: 17021

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 843,986
  • High Value: 987,910
  • Low Value: 700,062

    Market Valuation

  • Market Total Value: $673,513
  • Market Land Value: $222,499
  • Market Improvement Value: $451,014

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,482
  • Assessed Land Value: $74,159
  • Assessed Improvements Value: $150,323

    Sales

  • Current Sale Contract Date: Apr 18, 2017
  • Current Sale Recording Date: Apr 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7389032
  • Previous Sale Recording Date: Jun 28, 2000
  • Previous Sale Contract Date: May 26, 2000
  • Previous Sale Amount: $590,000
  • 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 Thorngate

Stats & Trends

Median Asking:

$1,192,000

Sale Price/ft²

$350

Above Asking

0.00%

Average Days on Market

43

Average Home Size

3245 ft²

Average Home Age

31 years

Currently For Sale

1 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 921 Wilmot Road, Deerfield, IL, 60015

$3,900 /mo

  • 4 Beds
  • 2 Baths
  • 2,500 ft²
921 Wilmot Road, Deerfield, IL, 60015 Listing by Eugene Abbott
Unit for rent at 172 Pointe Drive, Northbrook, IL, 60062

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,962 ft²
172 Pointe Drive #172, Northbrook, IL, 60062 Listing by Sarah Lyons

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX Villager
Last Updated: 3 years ago
Data Source: MRED, MLS# 09398576
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 2399 Masters Lane built and last sold?
The property at 2399 Masters Lane was built in 1994 and last sold on Apr 18, 2017 for $696,000.
How much is this home worth?
The estimated value of the home located at 2399 Masters Lane is $0.
What are some comparable homes to 2399 Masters Lane?
There are currently no comparable homes to 2399 Masters Lane.
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