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Prairie Grove 60012
3731 Thunderbird Lane
$480,000
● House - Off Market

3731 Thunderbird Lane

Prairie Grove, IL 60012
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
3,427 Ft²
$539,836
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Beautiful Prairie Ridge home on a quiet cul-de-sac. The sunny entryway invites you into this grand home. Beautiful hardwood flooring and custom trim work. There is a soaring ceiling in the family room and the screened in porch is an extension of the eating area and kitchen.  Two of the bedrooms upstairs have a jack-and-jill bathroom set up and the 3rd has a private bath.  The master ensuite is under construction and ready for your finishing touches.  Plenty of room to spread out in the newly finished basement- bar area is prepped as is the tub/shower.  The few projects left offer an opportunity for your personal design.  Check it out today.
Unit Size
3,427 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
$877
HOA Dues
$13
Year Built
2007

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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 #11231409)

Price History

Date / Event Date Event Price
Dec 16, 2021 Sold
Premium
Sold
Sep 28, 2021 Listed by RE/MAX Plaza $490,000
Listed by RE/MAX Plaza

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 8
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,787
  • Garage Type: 1
  • Garage Square Area: 554
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 5,214
  • Building Area: 3,427
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,427
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK GROVE SUB PHASE 3
  • Land Acres: 0000000500
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0067703 LT 84 OAK GROVE SUB PHASE 3

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 870809

Geography

  • Subdivision Phase Number: 3
  • Parcel: 14-22-401-011
  • Lot: 84
  • Municipality: NUNDA TWP
  • Latitude: 42.2759
  • Longitude: -88.2849

    Address

  • Full Address: 3731 Thunderbird Ln
  • Address - House Number: 3731
  • Address - Street Name: Thunderbird
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: R010
  • 4-Digit Zip Code: 2092
  • Zip Code: 60012

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,123,286
  • Tax Rate Code Area: 14035

    Appraisal Valuation

  • Standard Deviation: 0.1537
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 525,201
  • High Value: 605,970
  • Low Value: 444,432

    Market Valuation

  • Market Total Value: $395,454
  • Market Land Value: $99,534
  • Market Improvement Value: $295,920

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $131,818
  • Assessed Land Value: $33,178
  • Assessed Improvements Value: $98,640

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0067703
  • Previous Sale Recording Date: Mar 20, 2007
  • Previous Sale Contract Date: Mar 14, 2007
  • Previous Sale Amount: $584,157
  • 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 Prairie Grove

Stats & Trends

Median Asking:

$510,950

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

48

Average Home Size

4008 ft²

Average Home Age

40.4 years

Currently For Sale

8 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: Becky Kirchner, RE/MAX Plaza
Last Updated: 3 years ago
Data Source: MRED, MLS# 11231409
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 3731 Thunderbird Lane built and last sold?
The property at 3731 Thunderbird Lane was built in 2007 and last sold on Dec 16, 2021 for $480,000.
How much is this home worth?
The estimated value of the home located at 3731 Thunderbird Lane is $511,125.
What are some comparable homes to 3731 Thunderbird Lane?
There are currently no comparable homes to 3731 Thunderbird Lane.
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