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Lemont 60439
29 PINE NEEDLES
$610,000
● House - Off Market

29 PINE NEEDLES

LEMONT, IL 60439
bedrooms
5 Beds
bathrooms
4 Baths, 2 Half Baths
$1,357,670
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model

About This Property

CORPORATE OWNED "SOLD AS IS" SELLER WILL NOT PROVIDE SURVEY OR TERMITE INSP, BUYER RESPONSIBLE FOR ANY & ALL INSP, COMPLIANCES & ESCROWS AS NEEDED. ALL OFFERS MUST HAVE PREAPPROVAL OR PROOF OF FUNDS FOR CASH OFFER, NO C.O.S. BASE HAS MOLD PROBLEM. ONCE OFFER IS ACCEPTED ADDENDUMS WILL FOLLOW, NO CLOSING DATE OR EXTENTIONS OF CONTRACT WILL BE GIVEN FOR THE LAST 3 BUSINESS DAYS OF MONTH. SEE AGENT REMARKS FOR MORE.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$923
HOA Dues
$195
Year Built
1998

Payment Calculator

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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.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,500
  • Total Building Area: 3,591
  • Gross Building Area: 3,591
  • Building Area: 3,591
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,591
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RUFFLED FEATHERS
  • Land Acres: 0000000379
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824006

Geography

  • District: 19
  • Parcel: 22-34-109-008-0000
  • Lot: 180
  • Meridian: SEC 34 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6529
  • Longitude: -87.966

    Address

  • Full Address: 29 Pine Needles Dr
  • Address - House Number: 29
  • Address - Street Name: Pine Needles
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lemont
  • Carrier Code: R013
  • 4-Digit Zip Code: 7741
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,531,939
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 936,720
  • High Value: 1,152,457
  • Low Value: 720,983

    Market Valuation

  • Market Total Value: $820,010
  • Market Land Value: $103,130
  • Market Improvement Value: $716,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,001
  • Assessed Land Value: $10,313
  • Assessed Improvements Value: $71,688

    Sales

  • Current Sale Contract Date: Dec 18, 2009
  • Current Sale Recording Date: Jan 07, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1000705198
  • Previous Sale Recording Date: Apr 16, 2008
  • Previous Sale Contract Date: Mar 25, 2008
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: 68

    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 Lemont

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2527 ft²

Average Home Age

30.3 years

Currently For Sale

53 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 512 Porter Street, Lemont, IL, 60439

$1,600 /mo

  • 1 Bed
  • 1 Bath
  • 950 ft²
512 Porter Street #2, Lemont, IL, 60439 Listing by James Chipain
Unit for rent at 114 Stephen Street, Lemont, IL, 60439

$2,000 /mo

  • 2 Beds
  • 1 Bath
114 Stephen Street #1, Lemont, IL, 60439 Listing by Ryan Botkin

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Thomas Annerino, Realty Executives Ambassador
Data Source: MRED, MLS# MRD06730522
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 29 Pine Needles Drive built and last sold?
The property at 29 Pine Needles Drive was built in 1998 and last sold on Dec 18, 2009 for $720,000.
How much is this home worth?
The estimated value of the home located at 29 Pine Needles Drive is $737,199.
What are some comparable homes to 29 Pine Needles Drive?
There are currently no comparable homes to 29 Pine Needles Drive.
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