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Zion 60099 Harbor Ridge
3503 Wembley Drive
$145,000
● House - Off Market

3503 Wembley Drive

ZION, IL 60099
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,842 Ft²
$239,198
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

RARE OPPORTUNITY TO OWN ONE OF THE FEW PROPERTIES IN THE HARBOR RIDGE SUBDIVISION WITH A FULL FINISHED WALK-OUT BASEMENT. ENJOY THE GREAT BACKYARD FROM YOUR FAMILY ROOM LEADING TO AN OVERSIZED DECK OFF THE UPSTAIRS KITCHEN & EXTRA-LARGE PANTRY. RIGHT OFF THE KITCHEN IS A LARGE LIVING ROOM WITH BAY WINDOWS THAT CAN ALSO BE YOUR FORMAL DINING ROOM.  MAKE THE PERFECT MAN CAVE, REC ROOM, OR KID'S PLAY ROOM FROM YOUR FULL FINISHED BASEMENT & WALK RIGHT OUT TO YOUR PAVER BRICK PATIO & HUGE BACKYARD. FINISHED BASEMENT ALSO HAS AN OFFICE/CRAFT ROOM FOR A LITTLE PRIVACY. THERE IS A HALF BATH THAT IS AWAITING A SHOWER STALL TO BE COMPLETE. WITH A LITTLE WORK, YOU COULD HAVE ONE OF THE NICEST HOMES IN THE NEIGHBORHOOD. DO NOT LET THIS ONE GET BY WITHOUT AT LEAST TAKING A LOOK.
Unit Size
1,842 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$81
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1993

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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 #09658973)

Price History

Date / Event Date Event Price
Aug 30, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by Century 21 S.G.R., Inc. $150,000
Listed by Century 21 S.G.R., Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,020
  • 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: 10,006
  • Total Building Area: 3,302
  • Gross Building Area: 3,302
  • Building Area: 1,842
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,842
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARBOR RIDGE UNIT 2
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HARBOR RIDGE UNIT 2; LOT 73

Neighborhood

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

Geography

  • Assessors Map Reference: 2362-D7
  • District: ZION
  • Parcel: 04-17-107-008
  • Lot: 73
  • Municipality: TWP OF ZION
  • Latitude: 42.4696
  • Longitude: -87.8613

    Address

  • Full Address: 3503 Wembley Dr
  • Legal Unit: 2
  • Address - House Number: 3503
  • Address - Street Name: Wembley
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Zion
  • Carrier Code: C012
  • 4-Digit Zip Code: 4717
  • Zip Code: 60099

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $792,976
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 272,993
  • High Value: 316,604
  • Low Value: 229,382

    Market Valuation

  • Market Total Value: $221,041
  • Market Land Value: $34,488
  • Market Improvement Value: $186,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,673
  • Assessed Land Value: $11,495
  • Assessed Improvements Value: $62,178

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2017
  • Current Sale Recording Date: Sep 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7428032
  • Previous Sale Recording Date: Jul 07, 2003
  • Previous Sale Contract Date: Jun 23, 2003
  • Previous Sale Amount: $205,000
  • 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

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MRED

Listed by: Matthew Ingersol, Century 21 S.G.R., Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09658973
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 3503 Wembley Drive built and last sold?
The property at 3503 Wembley Drive was built in 1993 and last sold on Aug 30, 2017 for $48,333.
How much is this home worth?
The estimated value of the home located at 3503 Wembley Drive is $165,454.
What are some comparable homes to 3503 Wembley Drive?
There are currently no comparable homes to 3503 Wembley Drive.
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