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Lake 60046 Deerpath
37285 N Deerpath Drive
$460,000
● House - Off Market

37285 N Deerpath Drive

Lake Villa, IL 60046
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,709 Ft²
$452,496
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Room to roam!!!  Delightful 2 story with 5+ bedroom 4 bath (3700+) square feet in Deerpath Subdivision of Lake Villa. Home features grand turning staircase, large chefs kitchen open to vaulted great room and media room. 4 large bedrooms up, master suite with walk in California closets. Basement is finished with huge rec room and bar, work out room and additional bedroom with full bath. Large private yard with new patio, 3 car attached garage. All appliances stay, central vacuum system included. Recent updates include roof, brick work and tuck pointing,  furnace and A/C unit, exterior trim painting and a commercial grade sump pump with back up unit.
Unit Size
3,709 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$121
Property Type
House
Property Taxes
$1,269
HOA Dues
$41
Year Built
2001

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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 #11377915)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
Apr 18, 2022 Listed by RE/MAX Advantage Realty $449,000
Listed by RE/MAX Advantage Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • 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: 1,885
  • Garage Type: 1
  • Garage Square Area: 629
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,515
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,800
  • Total Building Area: 6,223
  • Gross Building Area: 6,223
  • Building Area: 3,709
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,709
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEERPATH UNIT 3
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: DEERPATH UNIT 3; LOT 56

Neighborhood

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

Geography

  • District: WARREN
  • Parcel: 07-06-308-007
  • Lot: 56
  • Municipality: TWP OF WARREN
  • Latitude: 42.4027
  • Longitude: -88.0029

    Address

  • Full Address: 37285 N Deerpath Dr
  • Legal Unit: 3
  • Address - House Number: 37285
  • Street Direction: N
  • Address - Street Name: Deerpath
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R023
  • 4-Digit Zip Code: 6796
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,736,830
  • Tax Rate Code Area: 8139

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 534,506
  • High Value: 625,556
  • Low Value: 443,457

    Market Valuation

  • Market Total Value: $452,238
  • Market Land Value: $57,618
  • Market Improvement Value: $394,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,731
  • Assessed Land Value: $19,204
  • Assessed Improvements Value: $131,527

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: Jun 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7911208
  • Previous Sale Recording Date: Sep 08, 2016
  • Previous Sale Contract Date: Aug 17, 2016
  • Previous Sale Amount: $360,000
  • 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 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 37061 N Bonnie Brae Road, Lake Villa, IL, 60046

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,862 ft²
37061 N Bonnie Brae Road, Lake Villa, IL, 60046 Listing by Venkateshwar Talari

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: George Bessette, RE/MAX Advantage Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11377915
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 37285 North Deerpath Drive built and last sold?
The property at 37285 North Deerpath Drive was built in 2001 and last sold on May 26, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 37285 North Deerpath Drive is $0.
What are some comparable homes to 37285 North Deerpath Drive?
There are currently no comparable homes to 37285 North Deerpath Drive.
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