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Lindenhurst 60046 Farmington Green Estates
3055 Farmington Drive
$354,000
● House - Off Market

3055 Farmington Drive

Lindenhurst, IL 60046
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,505 Ft²
$412,465
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Farmington Green !!  Where you want to live.  Award winning Millburn school district! This stately home has a pond behind it, thus a peaceful view off the two tier deck.  Living room, dining room, generous sized kitchen-family room with a see through fireplace. Four bedrooms and two baths on the second floor. Multiple rooms in the finished basement. Highly upgraded over the past several years:  Installed Pella Windows and Doors 2011*Totally rehabbed Kitchen 2012* Master Bath 2015* Second floor hall bath 2020*Roof 2015* GFA 2007*Air Conditioner 09/16/2021*Copper Piping, Wall Safes, 2 Escape ladders*Full Yard Sprinkler System*Surround      Sound*Many more Custom Features.  View photos and  floor plans. Then schedule an appointment!
Unit Size
2,505 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$148
Property Type
House
Property Taxes
$927
HOA Dues
$35
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11210646)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Sep 7, 2021 Listed by Coldwell Banker Realty $369,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,276
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 4,181
  • Gross Building Area: 4,181
  • Building Area: 2,505
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,505
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FARMINGTON GREEN ESTATES SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: FARMINGTON GREEN ESTATES SUB; LT98 PER DOC 4688397

Neighborhood

  • School District Name: Millburn Community Consolidated School District 24
  • Census Tract: 861009

Geography

  • Assessors Map Reference: 2476-D1
  • District: LAKE VILLA
  • Parcel: 02-36-407-029
  • Lot: 98
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4162
  • Longitude: -88.0081

    Address

  • Full Address: 3055 Farmington Dr
  • Address - House Number: 3055
  • Address - Street Name: Farmington
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lindenhurst
  • Carrier Code: R020
  • 4-Digit Zip Code: 4964
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,271,768
  • Tax Rate Code Area: 5128

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 408,067
  • High Value: 477,578
  • Low Value: 338,555

    Market Valuation

  • Market Total Value: $342,400
  • Market Land Value: $48,665
  • Market Improvement Value: $293,735

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,122
  • Assessed Land Value: $16,220
  • Assessed Improvements Value: $97,902

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7849182
  • Previous Sale Recording Date: Jan 14, 2005
  • Previous Sale Contract Date: Dec 15, 2004
  • Previous Sale Amount: $351,500
  • Previous Sale Document Type: 71

    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 Farmington Green Estates

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$210

Above Asking

0.00%

Average Days on Market

41

Average Home Size

2422 ft²

Average Home Age

27.6 years

Currently For Sale

0 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 37061 N Bonnie Brae Road, Lake Villa, IL, 60046

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 2,862 ft²
37061 N Bonnie Brae Road, Lake Villa, IL, 60046 Listing by Venkateshwar Talari

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marti Corcoran, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11210646
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 3055 Farmington Drive built and last sold?
The property at 3055 Farmington Drive was built in 1998 and last sold on Oct 8, 2021 for $354,000.
How much is this home worth?
The estimated value of the home located at 3055 Farmington Drive is $373,599.
What are some comparable homes to 3055 Farmington Drive?
There are currently no comparable homes to 3055 Farmington Drive.
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