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Zion 60099 Harbor Ridge
3405 Wembley Drive
$210,000
● House - Off Market

3405 Wembley Drive

Zion, IL 60099
bedrooms
3 Beds
bathrooms
2 Baths
square feet
25 Ft²
$236,932
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

RANCH HOME SITUATED IN THE HARBOR RIDGE SUBDIVISION! THE HOUSE FEATURES 3 BEDROOMS WITH A MASTER SUITE, A LARGE CLOSET, AND PRIVATE BATH. THE SPACIOUS OPEN FLOOR LIVING ROOM WITH  A SKYLIGHTS, AND A COZY FIREPLACE! THE KITCHEN FEATURES UP TO DATE STAINLESS STEAL APPLIANCES. THE BACKYARD IS FENCED WITH  A HUGE WRAP AROUND DECK FOR SUMMER GATHERINGS! THE ROOF,  FURNACE, AND WATER HEATER ARE UP TO DATE. THE HOUSE JUST NEEDS COSMETIC WORK AND NEW CARPETING, HOUSE IS BEING SOLD AS IS.
Unit Size
25 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$8,200
Property Type
House
Property Taxes
$645
HOA Dues
-
Year Built
1994

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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 #11089012)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
May 14, 2021 Listed by Berkshire Hathaway HomeServices Starck Real Estate $205,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,374
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,668
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 710
  • Total Building Area: 3,188
  • Gross Building Area: 3,188
  • Building Area: 1,374
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,374
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARBOR RIDGE UNIT 2
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HARBOR RIDGE UNIT 2; LOT 67

Neighborhood

  • School District Name: Zion-Benton Township High School District 126
  • Census Tract: 860105

Geography

  • District: ZION
  • Parcel: 04-17-107-002
  • Lot: 67
  • Municipality: TWP OF ZION
  • Latitude: 42.4704
  • Longitude: -87.8601

    Address

  • Full Address: 3405 Wembley Dr
  • Legal Unit: 2
  • Address - House Number: 3405
  • Address - Street Name: Wembley
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Zion
  • Carrier Code: C012
  • 4-Digit Zip Code: 4714
  • Zip Code: 60099

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $836,438
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 255,989
  • High Value: 303,711
  • Low Value: 208,268

    Market Valuation

  • Market Total Value: $211,456
  • Market Land Value: $35,581
  • Market Improvement Value: $175,875

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,478
  • Assessed Land Value: $11,859
  • Assessed Improvements Value: $58,619

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7818176
  • Previous Sale Recording Date: Aug 19, 2016
  • Previous Sale Contract Date: Jul 20, 2016
  • Previous Sale Amount: $127,000
  • 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 Harbor Ridge

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1374 ft²

Average Home Age

32 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

Currently no nearby rentals
MRED

Listed by: Sagine Augustin, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11089012
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 3405 Wembley Drive built and last sold?
The property at 3405 Wembley Drive was built in 1994 and last sold on Jul 1, 2021 for $210,000.
How much is this home worth?
The estimated value of the home located at 3405 Wembley Drive is $196,990.
What are some comparable homes to 3405 Wembley Drive?
There are currently no comparable homes to 3405 Wembley Drive.
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