When was property at 293 Drake Lane built and last sold?

The property at 293 Drake Lane was built in 1957 and last sold on Sep 28, 2021 for $355,000.

How much is this home worth?

The estimated value of the home located at 293 Drake Lane is $353,348.

What are some comparable homes to 293 Drake Lane?

There are currently no comparable homes to 293 Drake Lane.

Des Plaines

60016

293 Drake Lane

$355,000

● House - Off Market

293 Drake Lane

Des Plaines, IL 60016

3 Beds

2 Baths

1,308 Ft²

$397,206

RealtyHop Estimate

13.52%

Since Oct 1, 2021

National-US

Primary Model

About This Property

Move right into this beautifully updated home in the highly sought-after Cumberland neighborhood! Spacious and bright home features plenty of natural light through the picturesque windows. Stunning hardwood floors throughout the main living area. Upgraded kitchen features maple cabinetry, granite countertops, mosaic backsplash and stainless steel appliances. Large living room features a wood-burning fireplace. Master suite features attached master bathroom. Finished basement features a large family room/rec. area, wet bar, as well as plenty of storage and closet space. Many recent upgrades have been done to this home including newer high efficiency A/C and furnace, roof, sump pump and stove. Huge fenced-in backyard features a patio and is perfect for outdoor activities and gardening. This home is pristine!

Unit Size

1,308 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$268

Property Type

House

Property Taxes

$557

HOA Dues

Year Built

1957

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11203081)

Price History

Date / Event	Date	Event
Sep 28, 2021	Sold	Premium
Sold
Aug 28, 2021	Listed by Century 21 Elm, Realtors	$349,900
Listed by Century 21 Elm, Realtors

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1957

Effective Year Built: 1957
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 41
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 150
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 1
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,500

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 600
Total Building Area: 1,308
Gross Building Area: 1,308
Building Area: 1,308
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 1,308
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: CUMBERLAND VILLAGE UNIT1
Land Acres: 0000000172
Standard Land Use Code: 1001
County Land Use Code: 2-34
Legal Description 1: (CUMBERLAND) VILLAGE (UNIT1) SUB OF PT SW SEC 07-41-12

Neighborhood

School District Name: Des Plaines Community Consolidated School District 62

Census Tract: 806103

Geography

District: 22

Parcel: 09-07-315-005-0000
Lot: 62
Meridian: SEC 07 TWN 41N RNG 12E
Municipality: MAINE
Latitude: 42.0576
Longitude: -87.9186

Address

Full Address: 293 Drake Ln

Legal Unit: 1
Address - House Number: 293
Address - Street Name: Drake
Address - Suffix Type: Ln
State: IL
City Name: Des Plaines
Carrier Code: C022
4-Digit Zip Code: 2156
Zip Code: 60016

Valuation

Tax

Tax Year: 2022

Tax Amount: $786,862
Tax Rate Code Area: 22028

Appraisal Valuation

Standard Deviation: 0.2291

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 392,994
High Value: 483,059
Low Value: 302,928

Open Liens

Total Open Liens:

Premium

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 Financing Type:

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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: $340,000

Market Land Value: $63,750
Market Improvement Value: $276,250

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $34,000
Assessed Land Value: $6,375
Assessed Improvements Value: $27,625

Sales

Current Sale Contract Date: Sep 28, 2021

Current Sale Recording Date: Oct 01, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2127422003
Previous Sale Recording Date: Jul 17, 2015
Previous Sale Contract Date: Jul 13, 2015
Previous Sale Amount: $290,000
Previous Sale Document Type: 71

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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Financing

First Mortgage Financing Type: FIX

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

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Previous Mortgage Financing Type:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

Premium

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

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Comparables

About Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1642 ft²

Average Home Age

51.3 years

Currently For Sale

108 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 11 W Prospect Avenue, Mount Prospect, IL, 60056

$3,180 /mo

2 Beds
1 Bath
968 ft²

11 W Prospect Avenue #220, Mount Prospect, IL, 60056 Listing by Lauren Evett

Unit for rent at 1238 Evergreen Avenue, Des Plaines, IL, 60016

$3,150 /mo

3 Beds
2 Baths
2,000 ft²

1238 Evergreen Avenue, Des Plaines, IL, 60016 Listing by Lindsay Metzger

Unit for rent at 732 Hanbury Drive, Des Plaines, IL, 60016

$3,300 /mo

3 Beds
3 Baths
1,650 ft²

732 Hanbury Drive #31, Des Plaines, IL, 60016 Listing by Erin Booker

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Louis Parrino, Century 21 Elm, Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11203081

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.

293 Drake Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Des Plaines

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions