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Zion 60099 Harbor Ridge
3514 S Wembley Drive
$305,000
● House - Off Market

3514 S Wembley Drive

Zion, IL 60099
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,004 Ft²
$317,341
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Don't miss out!!! This amazing two story home was recently renovated with great attention to all details. First floor family room with wood burning fireplace, spacious breakfast bay area open to huge deck. Culinary kitchen with custom cabinetry, granite countertops, high end stainless steel appliances. Newly remodeled all bathrooms. Two baths with jacuzzi tubs on second floor. Full finished basement with bedroom, full bathroom and recreation room. Roof (2015), furnace (2022). Back yard is fully fenced, professionally landscaped with perennial flowers, the perfect place for outdoor entertaining and relaxing. It's rare to find a home where almost every items has been updated over last decade. BUYER COULDN'T GET FINANCING TAKE ADVANTAGE AND OWN THIS AMAZING HOME.
Unit Size
2,004 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$157
Property Type
House
Property Taxes
$723
HOA Dues
-
Year Built
1994

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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 #11697870)

Price History

Date / Event Date Event Price
May 4, 2023 Sold
Premium
Sold
Jan 9, 2023 Listed by Arc Red Inc Arc Realty Group $314,900
Listed by Arc Red Inc Arc Realty Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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: 1,074
  • 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: 11,996
  • Total Building Area: 3,518
  • Gross Building Area: 3,518
  • Building Area: 2,004
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,004
  • 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: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HARBOR RIDGE UNIT 2; LOT 57

Neighborhood

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

Geography

  • District: ZION
  • Parcel: 04-17-106-027
  • Lot: 57
  • Municipality: TWP OF ZION
  • Latitude: 42.4694
  • Longitude: -87.8625

    Address

  • Full Address: 3514 Wembley Dr
  • Legal Unit: 2
  • Address - House Number: 3514
  • Address - Street Name: Wembley
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Zion
  • Carrier Code: C012
  • 4-Digit Zip Code: 4724
  • Zip Code: 60099

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $884,986
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 294,926
  • High Value: 342,040
  • Low Value: 247,811

    Market Valuation

  • Market Total Value: $239,895
  • Market Land Value: $37,954
  • Market Improvement Value: $201,941

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,957
  • Assessed Land Value: $12,650
  • Assessed Improvements Value: $67,307

    Sales

  • Current Sale Contract Date: May 04, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7977604
  • Previous Sale Recording Date: Jan 30, 2014
  • Previous Sale Contract Date: Dec 12, 2013
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 68
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

Unit for rent at 1515 Anderson Trail, Zion, IL, 60099

$2,375 /mo

  • 3 Beds
  • 1 Bath
  • 1,650 ft²
1515 Anderson Trail, Zion, IL, 60099 Listing by Courtney Caraway

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Boguslaw Rola, Arc Red Inc Arc Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11697870
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 3514 Wembley Drive built and last sold?
The property at 3514 Wembley Drive was built in 1994 and last sold on May 4, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 3514 Wembley Drive is $0.
What are some comparable homes to 3514 Wembley Drive?
There are currently no comparable homes to 3514 Wembley Drive.
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