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Long Grove 60047 Mardan Estates
3256 Middlesax Drive
$570,000
● House - Off Market

3256 Middlesax Drive

Long Grove, IL 60047
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,266 Ft²
$536,250
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Wonderful Feeling of Old New Orleans Charm w/ 2nd Floor Balconies, French Doors Leading from 2 of the bedrooms Wrought Iron on Exterior and Fenced. Kitchen Features Vaulted Ceiling, Breakfast Bar, Gardon Window, Birch Cabinets, Imported Tile & Corion Tops w/ Adjoining First Floor Office, Boiler Furnace In 2010.  Space PAC for the 1st floor installed in 2012.  Water Heater - 2017.   Water Softener - 2019.  Well pump - 2015.  Refrigerator- 2020.  Powder Room and Master Bathroom updated 2017.  Exterior of the house was painted 2020.  Basement refinished 2021.  Sump pump and Battery Back Up - 2021.
Unit Size
2,266 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$233
Property Type
House
Property Taxes
$969
HOA Dues
-
Year Built
1956

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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 #11341685)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Mar 8, 2022 Listed by Berkshire Hathaway HomeServices Chicago $529,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • 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: 9
  • Basement Area: 1,150
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,667
  • Total Building Area: 3,900
  • Gross Building Area: 3,900
  • Building Area: 2,266
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,266
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARDAN ESTATES
  • Land Acres: 0000000819
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: MARDAN ESTATES; LOT 29(EX PT E OF LN DWN 6.17 WOF NE COR ON SLN 5.32 W OF SE COR THOF) LOT 29

Neighborhood

  • School District Name: Kildeer Countryside Community Consolidated School District 96
  • Census Tract: 864403

Geography

  • Assessors Map Reference: 2700-C6
  • District: ELA
  • Parcel: 14-25-304-028
  • Lot: 29
  • Municipality: TWP OF ELA
  • Latitude: 42.1715
  • Longitude: -88.0159

    Address

  • Full Address: 3256 Middlesax Dr
  • Address - House Number: 3256
  • Address - Street Name: Middlesax
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Long Grove
  • Carrier Code: R002
  • 4-Digit Zip Code: 5021
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,278,590
  • Tax Rate Code Area: 15028

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 572,583
  • High Value: 664,053
  • Low Value: 481,112

    Market Valuation

  • Market Total Value: $389,463
  • Market Land Value: $88,170
  • Market Improvement Value: $301,293

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,808
  • Assessed Land Value: $29,387
  • Assessed Improvements Value: $100,421

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 09, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7901612
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 Mardan Estates

Stats & Trends

Median Asking:

$717,450

Sale Price/ft²

$244

Below Asking

0.05%

Average Days on Market

44

Average Home Size

2373 ft²

Average Home Age

67 years

Currently For Sale

1 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 330 E Forest Knoll Drive, Palatine, IL, 60074

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
330 E Forest Knoll Drive, Palatine, IL, 60074 Listing by Daniel Nierman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Pete Mangione, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11341685
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 3256 Middlesax Drive built and last sold?
The property at 3256 Middlesax Drive was built in 1956 and last sold on Apr 9, 2022 for $436,666.
How much is this home worth?
The estimated value of the home located at 3256 Middlesax Drive is $0.
What are some comparable homes to 3256 Middlesax Drive?
There are currently no comparable homes to 3256 Middlesax Drive.
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