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Wauconda 60084
2448 Heron Lane
$315,000
● House - Off Market

2448 Heron Lane

Wauconda, IL 60084
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,052 Ft²
$363,150
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Turn key home. Hard to believe someone lives here. Not one thing needs to be done!  Soft, neutral decor, kitchen with 42" cabinets, granite counters, 3 year new Kitchen aid gas stove, microwave, dishwasher, Samsung refrigerator, washing machine, paint, light fixtures. first floor hardwood flooring second floor carpeting.22x22 cedar deck/ patio with led lighting, coach lights, Stone fireplace, oak railings, ceiling fans, convenient 2nd floor laundry room, Large 2nd floor loft can easily be converted to 4th bedroom. Basement offers custom built in shelving and work bench .No SSA, low taxes Enjoy all the amenities Liberty Lakes has with the walking/bike trails, park and family friendly environment!
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$156
Property Type
House
Property Taxes
$645
HOA Dues
$40
Year Built
2013

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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 #11191763)

Price History

Date / Event Date Event Price
Sep 28, 2021 Sold
Premium
Sold
Aug 17, 2021 Listed by Coldwell Banker Realty $319,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 836
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,283
  • Total Building Area: 3,268
  • Gross Building Area: 3,268
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIBERTY LAKES EAST SUBDIVISION
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: LIBERTY LAKES EAST SUBDIVISION; LOT 46

Neighborhood

  • School District Name: Mundelein Consolidated High School District 120
  • Census Tract: 864109

Geography

  • Assessors Map Reference: 2588-C3
  • District: FREMONT
  • Parcel: 10-18-203-030
  • Lot: 46
  • Municipality: TWP OF FREMONT
  • Latitude: 42.2983
  • Longitude: -88.1071

    Address

  • Full Address: 2448 Heron Ln
  • Address - House Number: 2448
  • Address - Street Name: Heron
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wauconda
  • Carrier Code: R007
  • 4-Digit Zip Code: 5094
  • Zip Code: 60084

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $828,712
  • Tax Rate Code Area: 12077

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 369,254
  • High Value: 432,545
  • Low Value: 305,964

    Market Valuation

  • Market Total Value: $289,598
  • Market Land Value: $71,605
  • Market Improvement Value: $217,993

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,523
  • Assessed Land Value: $23,866
  • Assessed Improvements Value: $72,657

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7845316
  • Previous Sale Recording Date: Dec 22, 2016
  • Previous Sale Contract Date: Dec 16, 2016
  • Previous Sale Amount: $254,900
  • Previous Sale Document Type: 40

    Financing

  • First Mortgage Financing Type: FIX
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 Wauconda

Stats & Trends

Median Asking:

$397,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2233 ft²

Average Home Age

33.6 years

Currently For Sale

36 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 593 W Kristina Lane, Round Lake, IL, 60073

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,675 ft²
593 W Kristina Lane, Round Lake, IL, 60073 Listing by Kevin Terry

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Caryn Miller, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11191763
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 2448 Heron Lane built and last sold?
The property at 2448 Heron Lane was built in 2013 and last sold on Sep 24, 2021 for $315,000.
How much is this home worth?
The estimated value of the home located at 2448 Heron Lane is $0.
What are some comparable homes to 2448 Heron Lane?
There are currently no comparable homes to 2448 Heron Lane.
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