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Roselle 60172
415 Locust Lane
$399,900
● House - Off Market

415 Locust Lane

Roselle, IL 60172
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,303 Ft²
$424,249
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

CHARMING Roselle Home - Move in Ready!! You will love everything about this home from the curb appeal to every update and detail inside! Updates galore! Past 5 years include: New furnace; new 4-foot "A-Coil" for A/C; New Cedar siding and new 25 year roof added to garage; New drywall and insulation, remodeled complete interior area of garage, new fully-insulated 16' X 7' garage door with top-of-the-line Liftmaster door opener; Remodeled all bathrooms; New Tankless Water Heater in basement; Remodeled Patio woodwork with all new Cedar lumber; Retrofitted the entire house and garage with new L.E.D. Lighting; Retrofitted the entire house and garage with new Decora Outlets and Switches.
Unit Size
1,303 Ft²
Days on Market
-
Land Size
-
Price per sqft
$307
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11638715)

Price History

Date / Event Date Event Price
Dec 30, 2022 Sold
Premium
Sold
Oct 13, 2022 Listed by Baird & Warner $399,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,303
  • Garage Type: 4
  • Garage Square Area: 155
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,878
  • Total Building Area: 2,606
  • Gross Building Area: 2,606
  • Building Area: 1,303
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,303
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRANIGARS ROSELLE
  • Land Acres: 0000000640
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BRANIGARS ROSELLE RIDGEVIEW UNIT 2 PRT LYG ELY OF A LN DRAWN FROM A PT ON N LN 17.67 FT W NE COR TO A PT ONE LN 99.87 FT S NE COR & ALL

Neighborhood

  • School District Name: Roselle School District 12
  • School Tax School District: ROSELLE
  • Census Tract: 841004

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2913-B5
  • Parcel: 02-02-312-015
  • Lot: 3
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9771
  • Longitude: -88.0672

    Address

  • Full Address: 415 Locust Ln
  • Legal Unit: 2
  • Address - House Number: 415
  • Address - Street Name: Locust
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Roselle
  • Carrier Code: C001
  • 4-Digit Zip Code: 2466
  • Zip Code: 60172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $751,846
  • Tax Rate Code Area: 2061

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 412,763
  • High Value: 476,051
  • Low Value: 349,475

    Market Valuation

  • Market Total Value: $332,250
  • Market Land Value: $119,940
  • Market Improvement Value: $212,310

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,750
  • Assessed Land Value: $39,980
  • Assessed Improvements Value: $70,770

    Sales

  • Current Sale Contract Date: Dec 28, 2022
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2534
  • Previous Sale Recording Date: Jun 12, 2002
  • Previous Sale Contract Date: Apr 12, 2002
  • Previous Sale Amount: $270,000
  • 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 Roselle

Stats & Trends

Median Asking:

$419,450

Sale Price/ft²

$239

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1916 ft²

Average Home Age

44.6 years

Currently For Sale

36 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: Sabrina Conti Erangey, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11638715
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 415 Locust Lane built and last sold?
The property at 415 Locust Lane was built in 1959 and last sold on Dec 28, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 415 Locust Lane is $398,734.
What are some comparable homes to 415 Locust Lane?
There are currently no comparable homes to 415 Locust Lane.
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