When was property at 331 Orchard Lane built and last sold?

The property at 331 Orchard Lane was built in 1988 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 331 Orchard Lane is $506,889.

What are some comparable homes to 331 Orchard Lane?

There are currently no comparable homes to 331 Orchard Lane.

Bloomingdale

60108

331 Orchard Lane

$490,000

● House - Off Market

331 Orchard Lane

Bloomingdale, IL 60108

4 Beds

4 Baths, 2 Half Baths

2,526 Ft²

$3,282

Est. Monthly

$41

HOA / Fees

6.18%

Cap Rate

About This Property

Nestled in the highly desired subdivision of Bloomfield Hills, this 4-bedroom, 2 full and 2 half-bath home offers incredible potential with its solid foundation and prime location. This home has "good bones" and is ready for your personal touch and cosmetic updates to make it truly shine. Major updates have already been taken care of, including recently replaced HVAC, water heater, a newer roof, and updated windows-all completed within the last few years. This home features spacious living areas and bedrooms, along with a functional layout. The first floor has potential for an additional bedroom with a conveniently located laundry/mudroom on the same floor. Don't miss the opportunity to transform this well-maintained property into a stunning home that fits your style and needs!

Unit Size

2,526 Ft²

Days on Market

Land Size

0.24 acres

Price per sqft

$198

Property Type

House

Property Taxes

$785

HOA Dues

$41

Year Built

1988

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12258624)

Price History

Date / Event	Date	Event
Apr 7, 2025	Sold	Premium
Sold
Feb 20, 2025	In contract	-
In contract
Feb 15, 2025	Price Decreased	$500,000 ↓ $20K (3.9%)
Price Decreased
Dec 27, 2024	Listed by Baird & Warner Real Estate	$520,000
Listed by Baird & Warner Real Estate

Property Highlights

Building Info

Overview

General

Year Built: 1988

Effective Year Built: 1988
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 0
Building Quality: 0
Construction Type: 18
Building Style: 28
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: 795
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,454

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 600
Total Building Area: 3,321
Gross Building Area: 3,321
Building Area: 2,526
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 5

Heating: 0
Heated Square Feet: 2,526
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BLOOMFIELD HILLS
Land Acres: 0000000240
Standard Land Use Code: 1001
County Land Use Code: R
Legal Description 1: BLOOMFIELD HILLS UNIT 4 ALL

Neighborhood

School District Name: Bloomingdale School District 13

School Tax School District: BLOOMINGDALE
Census Tract: 841111

Zoning

Zoning: R

Geography

Assessors Map Reference: 2968-C1

Parcel: 02-16-107-025
Lot: 51
Municipality: BLOOMINGDALE
Latitude: 41.9566
Longitude: -88.1087

Address

Full Address: 331 Orchard Ln

Legal Unit: 4
Address - House Number: 331
Address - Street Name: Orchard
Address - Suffix Type: Ln
State: IL
City Name: Bloomingdale
Carrier Code: C021
4-Digit Zip Code: 2528
Zip Code: 60108

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,018,384
Tax Rate Code Area: 2018

Appraisal Valuation

Standard Deviation: 0.1571

Valuation Date: Jan 10, 2024
Confidence Score: 80
Final Value: 516,543
High Value: 597,736
Low Value: 435,349

Market Valuation

Market Total Value: $449,880

Market Land Value: $113,010
Market Improvement Value: $336,870

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $149,960
Assessed Land Value: $37,670
Assessed Improvements Value: $112,290

Exemptions

Senior Citizen Exemption : Yes

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

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Comparables

About Bloomingdale

Stats & Trends

Median Asking:

$424,900

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

Average Home Size

2290 ft²

Average Home Age

42.2 years

Currently For Sale

43 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 237 Biscayne Street, Bloomingdale, IL, 60108

$3,600 /mo

4 Beds
2 Baths
2,964 ft²

237 Biscayne Street, Bloomingdale, IL, 60108 Listing by Harinder Hundal

Unit for rent at 1294 Catalina Court, Schaumburg, IL, 60173

$3,500 /mo

2 Beds
2 Baths
1,576 ft²

1294 Catalina Court, Schaumburg, IL, 60173 Listing by Fabio Brancati

Unit for rent at 136 Appleby Drive, Glendale Heights, IL, 60139

$3,500 /mo

4 Beds
2 Baths
2,700 ft²

136 Appleby Drive, Glendale Heights, IL, 60139 Listing by Qudsia Siddiqui

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Vicki Tyne, Baird & Warner Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12258624

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.

331 Orchard Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Bloomingdale

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions