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Grandwood Park 60046 Deerpath
36946 N Deerview Drive
$550,000
● House - Off Market

36946 N Deerview Drive

Lake Villa, IL 60046
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
3,586 Ft²
$4,071
Est. Monthly
$42
HOA / Fees
5.72%
Cap Rate

About This Property

Gorgeous Deerpath Estates home overlooking the water features a breathtaking updated chef's kitchen and great room with volume ceilings and beautiful views, stone fireplace, huge deck overlooking the pond, 1st floor primary ensuite,  4 full and 2 half baths, English lower level features a potential in-law suite with a bedroom, 1 full and 1 half bath, stubbed in kitchen, and a huge living/dining/rec room space, lower level brick patio with firepit, 3+ car garage with epoxy floor, 5100+ square feet of luxury. Freshly painted, English basement with brand new carpeting, newer HVAC, 2 sets of washers and dryers (one on the 2nd floor, one in the English lower level), award winning Millburn school district. Hurry!
Unit Size
3,586 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$146
Property Type
House
Property Taxes
$1,451
HOA Dues
$42
Year Built
1997

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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 #11988314)

Price History

Date / Event Date Event Price
Mar 28, 2024 Sold
Premium
Sold
Mar 6, 2024 Listed by RE/MAX Advantage Realty $525,000
Listed by RE/MAX Advantage Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 2,025
  • Garage Type: 1
  • Garage Square Area: 636
  • Parking Space Count: 2
  • Patio Type: 3
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 6,247
  • Gross Building Area: 6,247
  • Building Area: 3,586
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,586
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEERPATH SUB
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: DEERPATH SUB; LOT 45

Neighborhood

  • School District Name: Millburn Community Consolidated School District 24
  • Census Tract: 861604

Geography

  • Assessors Map Reference: 2476-E3
  • District: WARREN
  • Parcel: 07-07-107-046
  • Lot: 45
  • Municipality: TWP OF WARREN
  • Latitude: 42.4
  • Longitude: -87.9992

    Address

  • Full Address: 36946 N Deerview Dr
  • Address - House Number: 36946
  • Street Direction: N
  • Address - Street Name: Deerview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R023
  • 4-Digit Zip Code: 6722
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,740,764
  • Tax Rate Code Area: 8139

    Appraisal Valuation

  • Standard Deviation: 0.0905
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 517,004
  • High Value: 563,834
  • Low Value: 470,175

    Market Valuation

  • Market Total Value: $452,470
  • Market Land Value: $66,841
  • Market Improvement Value: $385,629

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,808
  • Assessed Land Value: $22,278
  • Assessed Improvements Value: $128,530

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 2024
  • Current Sale Recording Date: Apr 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8027988
  • Previous Sale Recording Date: Jun 04, 2018
  • Previous Sale Contract Date: May 30, 2018
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: 71
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 Deerpath

Stats & Trends

Median Asking:

$557,450

Sale Price/ft²

$158

Below Asking

0.01%

Average Days on Market

36

Average Home Size

3154 ft²

Average Home Age

27 years

Currently For Sale

3 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 722 Aster Drive, Gurnee, IL, 60031

$4,095 /mo

  • 4 Beds
  • 2 Baths
  • 4,516 ft²
722 Aster Drive, Gurnee, IL, 60031 Listing by Marty Rinehart

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kimberly Schnoor, RE/MAX Advantage Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11988314
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 36946 North Deerview Drive built and last sold?
The property at 36946 North Deerview Drive was built in 1997 and last sold on Mar 11, 2024 for $550,000.
How much is this home worth?
The estimated value of the home located at 36946 North Deerview Drive is $532,941.
What are some comparable homes to 36946 North Deerview Drive?
There are currently no comparable homes to 36946 North Deerview Drive.
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