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North Barrington 60010
249 Biltmore Drive
$635,000
● House - Off Market

249 Biltmore Drive

North Barrington, IL 60010
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,356 Ft²
$629,866
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Step inside this charming, fairytale home located in Biltmore! This story-book home has it all-- spacious layout, with 4 bedrooms and 3.5 bathrooms, extras including a loft, sitting room, hidden bonus room, and a four seasons sunroom. This serene home sits on an acre of land with grounds for lovely gardens. Natural light throughout illuminates this well cared for home. Enjoy novels? Indulge in a book or two by one of the beautiful fireplaces. This is a home that will surely enchant its next homeowner!
Unit Size
3,356 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$186
Property Type
House
Property Taxes
$950
HOA Dues
-
Year Built
1947

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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 #11348287)

Price History

Date / Event Date Event Price
May 10, 2022 Sold
Premium
Sold
Apr 4, 2022 Listed by Keller Williams Success Realty $625,000
Listed by Keller Williams Success Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 627
  • Garage Type: 4
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,370
  • Total Building Area: 3,234
  • Gross Building Area: 3,234
  • Building Area: 2,607
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,607
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BILTMORE COUNTRY ESTS SUB
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: BILTMORE COUNTRY ESTS SUB UNIT NO 1 LOTS 3 & 4 BLOCK 24

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 864306

Geography

  • Assessors Map Reference: 2698-A1
  • District: CUBA
  • Parcel: 13-13-119-001
  • Block: 24
  • Lot: 3,4
  • Municipality: TWP OF CUBA
  • Latitude: 42.2071
  • Longitude: -88.1336

    Address

  • Full Address: 249 Biltmore Dr
  • Legal Unit: 1
  • Address - House Number: 249
  • Address - Street Name: Biltmore
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: North Barrington
  • Carrier Code: C017
  • 4-Digit Zip Code: 2058
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,219,244
  • Tax Rate Code Area: 14025

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 624,307
  • High Value: 732,061
  • Low Value: 516,552

    Market Valuation

  • Market Total Value: $417,254
  • Market Land Value: $42,901
  • Market Improvement Value: $374,353

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,071
  • Assessed Land Value: $14,299
  • Assessed Improvements Value: $124,772

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7903718
  • Previous Sale Recording Date: May 23, 2018
  • Previous Sale Contract Date: May 14, 2018
  • Previous Sale Amount: $515,000
  • 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 North Barrington

Stats & Trends

Median Asking:

$1,089,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

50

Average Home Size

7395 ft²

Average Home Age

46.4 years

Currently For Sale

13 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 2226 Lakeshore Drive, Schaumburg, IL, 60173

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,782 ft²
2226 Lakeshore Drive #2226, Schaumburg, IL, 60173 Listing by Tasneem Bahrainwala

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Katie Holmes, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11348287
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 249 Biltmore Drive built and last sold?
The property at 249 Biltmore Drive was built in 1947 and last sold on May 3, 2022 for $635,000.
How much is this home worth?
The estimated value of the home located at 249 Biltmore Drive is $635,580.
What are some comparable homes to 249 Biltmore Drive?
There are currently no comparable homes to 249 Biltmore Drive.
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