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Buffalo Grove 60089 Ridgewood
313 Red Bud Place
$372,000
● House - Off Market

313 Red Bud Place

Buffalo Grove, IL 60089
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,018 Ft²
$427,560
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

SPACIOUS 4 BEDROOM, 2.1 BATH SPLIT LEVEL HOME WITH A FINISHED BASEMENT IN SOUGHT AFTER STEVENSON HIGH SCHOOL DISTRICT!! WOOD FLOORS IN FAMILY ROOM AND BEDROOM/OFFICE. LARGE FAMILY ROOM WITH SLIDER TAKES YOU OUT TO A BEAUTIFUL YARD THAT LOOKS OUT TO A PARK.  NO HOMES BEDHIND. MASTER BEDROOM WITH PRIVATE BATH. TWO OTHER BEDROOMS ON THE SECOND FLOOR AND ONE ON THE FIRST FLOOR (CURRENTLY BEING USED AS AN OFFICE). ROOF, SIDING, GUTTERS AND HOT WATER HEATER ARE TWO YEARS OLD.  ALL WINDOWS EXCEPT KITCHEN WINDOW ARE 10 YEARS OLD. VERY WELL MAINTAINED HOME WITH LOTS OF SPACE THAT COULD USE YOUR DECORATING IDEAS. HOME WARRANTY INCLUDED. CONVENIENT TO EVERYTHING!
Unit Size
2,018 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$188
Property Type
House
Property Taxes
$847
HOA Dues
-
Year Built
1977

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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 #11179268)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by Coldwell Banker Realty $379,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 616
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,701
  • Total Building Area: 3,074
  • Gross Building Area: 3,074
  • Building Area: 2,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEWOOD
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RIDGEWOOD LOT 22 BLOCK 3

Neighborhood

  • School District Name: Adlai E. Stevenson High School District 125
  • Census Tract: 864520

Geography

  • Assessors Map Reference: 2754-D1
  • District: VERNON
  • Parcel: 15-33-402-047
  • Block: 3
  • Lot: 22
  • Municipality: TWP OF VERNON
  • Latitude: 42.157
  • Longitude: -87.9516

    Address

  • Full Address: 313 Redbud Pl
  • Address - House Number: 313
  • Address - Street Name: Redbud
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C042
  • 4-Digit Zip Code: 1853
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,103,608
  • Tax Rate Code Area: 16092

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 472,350
  • High Value: 550,789
  • Low Value: 393,912

    Market Valuation

  • Market Total Value: $394,137
  • Market Land Value: $99,949
  • Market Improvement Value: $294,188

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,366
  • Assessed Land Value: $33,313
  • Assessed Improvements Value: $98,053

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7845228
  • Previous Sale Recording Date: Aug 26, 2011
  • Previous Sale Contract Date: Aug 08, 2011
  • Previous Sale Amount: $278,000
  • 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 Ridgewood

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$245

Above Asking

0.00%

Average Days on Market

40

Average Home Size

2467 ft²

Average Home Age

12.5 years

Currently For Sale

4 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 250 Mchenry Road, IL, 60089

$4,088 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
250 Mchenry Road #C1, IL, 60089 Listing by Sherry Mustafov
Unit for rent at 750 Dunhill Drive, Buffalo Grove, IL, 60089

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,518 ft²
750 Dunhill Drive, Buffalo Grove, IL, 60089 Listing by Vijay Ghuge

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Wendy Jordt, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11179268
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 313 Redbud Place built and last sold?
The property at 313 Redbud Place was built in 1977 and last sold on Sep 22, 2021 for $372,000.
How much is this home worth?
The estimated value of the home located at 313 Redbud Place is $0.
What are some comparable homes to 313 Redbud Place?
There are currently no comparable homes to 313 Redbud Place.
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