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Kane 60118
35W385 Lathrop Lane
$556,000
● House - Off Market

35W385 Lathrop Lane

Dundee, IL 60118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,003 Ft²
$3,775
Est. Monthly
3.33%
Cap Rate

About This Property

Horse lovers dream! This 3 bedroom 2 bathroom ranch home sits on 4.87 acres of land with "F" farm zoning.  The spacious living room is a great area to relax. Enjoy the views of the back yard out the big, beautiful windows. The main bedroom is separate from the other 2 bedrooms and has its own bathroom. The laundry room is huge! The oversized 2.5 car garage (30' x 27') has lots of room for toys, storage and a work bench! The partially finished basement has lots of storage as well. The pool table stays! The horse barn is 80'x50' with 2 stalls and a riding arena. Lots of other potential uses for this structure and land. The barn has an insulated roof and cedar siding with metal siding over it. All of the carpet is new! Everything in this home was custom made on the property, including the kitchen and bathroom cabinets. This home is energy efficient. The roof is believed to be 10 years old. The windows are Pella. Conveniently located close to Interstate 90. This is an estate sale, and being sold as-is.
Unit Size
2,003 Ft²
Days on Market
-
Land Size
4.87 acres
Price per sqft
$275
Property Type
House
Property Taxes
$1,074
HOA Dues
-
Year Built
1983

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Last updated: 3 years ago (MRED MLS #11921427)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Sold
Nov 1, 2023 Listed by Keller Williams Success Realty $550,000
Listed by Keller Williams Success Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,003
  • Garage Type: 1
  • Garage Square Area: 840
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 211,907
  • Total Building Area: 4,846
  • Gross Building Area: 4,846
  • Building Area: 2,003
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,003
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRASSLAND ACRES
  • Land Acres: 0000004865
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 6 GRASSLAND ACRES RANGE CODE: 8 E TWSHP 42N

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850106

Geography

  • Parcel: 03-04-451-002
  • Lot: 6
  • Municipality: DUNDEE
  • Latitude: 42.1413
  • Longitude: -88.3042

    Address

  • Full Address: 35w385 Lathrop Ln
  • Address - House Number: 35w385
  • Address - Street Name: Lathrop
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Dundee
  • Carrier Code: R002
  • 4-Digit Zip Code: 9221
  • Zip Code: 60118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,289,246
  • Tax Rate Code Area: DU003

    Appraisal Valuation

  • Standard Deviation: 0.0882
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 92
  • Final Value: 542,963
  • High Value: 590,897
  • Low Value: 495,030

    Market Valuation

  • Market Total Value: $528,319
  • Market Land Value: $229,961
  • Market Improvement Value: $298,358

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $176,036
  • Assessed Land Value: $76,623
  • Assessed Improvements Value: $99,413

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 290
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Kane


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 303 Ridge Street, Algonquin, IL, 60102

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,300 ft²
303 Ridge Street, Algonquin, IL, 60102 Listing by Heidi Peterson


Frequently Asked Questions

When was property at 35W385 Lathrop Lane built and last sold?
The property at 35W385 Lathrop Lane was built in 1983 and last sold on Dec 15, 2023 for $556,000.
How much is this home worth?
The estimated value of the home located at 35W385 Lathrop Lane is $550,351.
What are some comparable homes to 35W385 Lathrop Lane?
There are currently no comparable homes to 35W385 Lathrop Lane.