When was property at 2405 Martin Lane built and last sold?

The property at 2405 Martin Lane was built in 1962 and last sold on Jul 11, 2022 for $318,000.

How much is this home worth?

The estimated value of the home located at 2405 Martin Lane is $373,401.

What are some comparable homes to 2405 Martin Lane?

There are currently no comparable homes to 2405 Martin Lane.

Rolling Meadows

60008

2405 Martin Lane

$400,000

● House - Off Market

2405 Martin Lane

Rolling Meadows, IL 60008

3 Beds

2 Baths

1,080 Ft²

$2,555

Est. Monthly

6.98%

Cap Rate

About This Property

MULTIPLE OFFERS RECEIVED - BEST AND HIGHEST DUE BY 7PM ON MONDAY 12/30. Discover this beautifully crafted bi-level home nestled in the sought-after Rolling Meadows neighborhood! Step into the inviting living room, where gleaming hardwood floors and abundant natural light create a warm and welcoming atmosphere. The open-concept dining area is perfect for hosting family gatherings, and the bright kitchen features stainless steel appliances, ample cabinetry, and easy access to a raised deck-ideal for entertaining or enjoying your morning coffee. Upstairs, you'll find three generously sized bedrooms and a full bath, providing plenty of space for everyone. The finished walk-out basement offers even more room, with a cozy family room, additional bedroom, renovated full bath, and convenient laundry room. Outside, the raised deck overlooks a private, fenced yard, perfect for relaxation. Located just minutes from shopping, dining, schools, parks, and more, this home has it all. A preferred lender offers a reduced interest rate for this listing. Don't miss your chance-schedule your tour today!

Unit Size

1,080 Ft²

Days on Market

Land Size

0.18 acres

Price per sqft

$352

Property Type

House

Property Taxes

$690

HOA Dues

Year Built

1962

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12261003)

Price History

Date / Event	Date	Event
Jan 30, 2025	Sold	Premium
Sold
Jan 1, 2025	In contract	-
In contract
Dec 28, 2024	Temporarily off market	-
Temporarily off market
Dec 27, 2024	Listed by Redfin Corporation	$379,900
Listed by Redfin Corporation
Oct 15, 2024	In contract	-
In contract
Oct 3, 2024	Price Decreased	$379,900 ↓ $10K (2.6%)
Price Decreased
Sep 27, 2024	Price Decreased	$389,900 ↓ $10K (2.5%)
Price Decreased
Sep 13, 2024	Listed by Redfin Corporation	$399,900
Listed by Redfin Corporation

	Discover this beautifully crafted bi-level home nestled in the sought-after Rolling Meadows neighborhood! Step into the inviting living room, where gleaming hardwood floors and abundant natural light create a warm and welcoming atmosphere. The open-concept dining area is perfect for hosting family gatherings, and the bright kitchen features stainless steel appliances, ample cabinetry, and easy access to a raised deck-ideal for entertaining or enjoying your morning coffee. Upstairs, you'll find three generously sized bedrooms and a full bath, providing plenty of space for everyone. The finished walk-out basement offers even more room, with a cozy family room, additional bedroom, renovated full bath, and convenient laundry room. Outside, the raised deck overlooks a private, fenced yard, perfect for relaxation. Located just minutes from shopping, dining, schools, parks, and more, this home has it all. A preferred lender offers a reduced interest rate for this listing. Don't miss your chance-schedule your tour today!
Jul 12, 2022	Sold	Premium
Sold
Jun 9, 2022	Listed by Property Economics Inc.	$290,000
Listed by Property Economics Inc.

	BEAUTIFUL AND WELL MAINTAINED RAISED RANCH WITH 4 BEDROOMS AND 2 FULL BATHROOMS. LARGE MASTER BEDROOM. HARDWOOD FLOORS THROUGHOUT THE FIRST FLOOR. GENEROUS SIZED KITCHEN/ DINING ROOM COMBO WITH DIRECT ACCESS TO 11X11 DECK IDEAL FOR OUTDOOR DINING. LARGE FAMILY ROOM PERFECT FOR ENTERTAINING WITH WALK OUT BASEMENT TO THE EXPANSIVE BACKYARD AND 2 CAR GARAGE. MOVE IN READY. GREAT LOCATION WALKING DISTANCE TO SCHOOL AND CLOSE TO SHOPS AND DINING.

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1962

Effective Year Built: 1962
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 3
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
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: 7,800

Total Building Area: 1,080
Gross Building Area: 1,080
Building Area: 1,080
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 1,080
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ROLLING MEADOWS UNIT19
Land Acres: 0000000179
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: (ROLLING)(MEADOWS)(UNIT19) SUB IN PT OF NE SEC 36-42-10

Neighborhood

School District Name: Township High School District 214

Census Tract: 804000

Geography

District: 29

Parcel: 02-36-216-007-0000
Lot: 2662
Meridian: SEC 36 TWN 42N RNG 10E
Municipality: PALATINE
Latitude: 42.0742
Longitude: -88.0116

Address

Full Address: 2405 Martin Ln

Legal Unit: 19
Address - House Number: 2405
Address - Street Name: Martin
Address - Suffix Type: Ln
State: IL
City Name: Rolling Meadows
Carrier Code: C008
4-Digit Zip Code: 2751
Zip Code: 60008

Valuation

Tax

Tax Year: 2022

Tax Amount: $611,777
Tax Rate Code Area: 29015

Appraisal Valuation

Standard Deviation: 0.2258

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 332,961
High Value: 408,165
Low Value: 257,756

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $270,000

Market Land Value: $42,900
Market Improvement Value: $227,100

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $27,000
Assessed Land Value: $4,290
Assessed Improvements Value: $22,710

Sales

Current Sale Contract Date: Jul 11, 2022

Current Sale Recording Date: Jul 15, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20167

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

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

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Comparables

About Rolling Meadows

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

Average Home Size

1402 ft²

Average Home Age

52.4 years

Currently For Sale

40 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 219 W Hyde Street, Arlington Heights, IL, 60005

$3,150 /mo

3 Beds
2 Baths
2,100 ft²

219 W Hyde Street #219, Arlington Heights, IL, 60005 Listing by Michiko Miyake

Unit for rent at 3609 Bobwhite Lane, Rolling Meadows, IL, 60008

$2,850 /mo

3 Beds
1 Bath
1,017 ft²

3609 Bobwhite Lane, Rolling Meadows, IL, 60008 Listing by Ashlee Fox

Unit for rent at 728 N Kennicott Avenue, Arlington Heights, IL, 60004

$2,800 /mo

2 Beds
1 Bath
1,013 ft²

728 N Kennicott Avenue, Arlington Heights, IL, 60004 Listing by Benjamin Tregoning

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Melissa Kingsbury, Redfin Corporation
Last Updated: 2 years ago
Data Source: MRED, MLS# 12261003

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.

2405 Martin Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Rolling Meadows

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions