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Lake 60010 Timberlake Estates
385 Maplewood Drive
$490,000
● House - Off Market

385 Maplewood Drive

Barrington, IL 60010
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,369 Ft²
$497,199
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Unique mid-century modern home with vaulted cedar & beam ceilings on beautiful treed lot in unincorporated Timberlake Estates!
Unit Size
2,369 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$211
Property Type
House
Property Taxes
$813
HOA Dues
$35
Year Built
1956

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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 #11804702)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold
Premium
Sold
Jun 9, 2023 Listed by @properties Christie's International Real Estate $500,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • 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: 9
  • Basement Area: 592
  • Garage Type: 1
  • Garage Square Area: 687
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,143
  • Total Building Area: 3,648
  • Gross Building Area: 3,648
  • Building Area: 2,369
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,369
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBT.BARTLETT S TIMBER-LAKE ESTS. UNIT N
  • Land Acres: 0000001220
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ROBT.BARTLETT S TIMBER-LAKE ESTS. UNIT NO.1 LOT 70

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 864305

Geography

  • District: CUBA
  • Parcel: 13-01-405-008
  • Lot: 70
  • Municipality: TWP OF CUBA
  • Latitude: 42.2279
  • Longitude: -88.1272

    Address

  • Full Address: 385 Maplewood Dr
  • Legal Unit: 1
  • Address - House Number: 385
  • Address - Street Name: Maplewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Barrington
  • Carrier Code: C030
  • 4-Digit Zip Code: 1256
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $975,180
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 14028

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 532,510
  • High Value: 624,421
  • Low Value: 440,600

    Market Valuation

  • Market Total Value: $430,390
  • Market Land Value: $101,029
  • Market Improvement Value: $329,361

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,449
  • Assessed Land Value: $33,673
  • Assessed Improvements Value: $109,776

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Aug 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7992874
  • Previous Sale Recording Date: Jun 02, 2020
  • Previous Sale Contract Date: May 06, 2020
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 27
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 Timberlake Estates

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1893 ft²

Average Home Age

64.7 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 2226 Lakeshore Drive, Schaumburg, IL, 60173

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,782 ft²
2226 Lakeshore Drive #2226, Schaumburg, IL, 60173 Listing by Tasneem Bahrainwala

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Burklin, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11804702
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 385 Maplewood Drive built and last sold?
The property at 385 Maplewood Drive was built in 1956 and last sold on Jul 10, 2023 for $490,000.
How much is this home worth?
The estimated value of the home located at 385 Maplewood Drive is $0.
What are some comparable homes to 385 Maplewood Drive?
There are currently no comparable homes to 385 Maplewood Drive.
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