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Campton Hills 60119
41W481 Forest Lane
$385,000
● House - Off Market

41W481 Forest Lane

Elburn, IL 60119
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,246 Ft²
$440,610
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Privacy and serenity is perfectly found in this wooded lot backing to 30+ acres of forest preserve with D303 St Charles Schools. The wrap around porch invites you and is perfect for morning coffee. This house was specially designed by an architect in Maine with 2x6 construction and extra insulation for low HVAC bills and has been meticulously maintained from top to bottom. The main floor has an appealing open floor plan with hardwood floors throughout leading to a sunroom addition that showcases the views of the land and leads to the new trex deck for further enjoyment. The second floor has two fully renovated baths with 3 nicely sized bedrooms with tons of storage. The garage is 2+ size and is setup for the hobbyist with 3-phase electric and ample workspace.
Unit Size
2,246 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$171
Property Type
House
Property Taxes
$499
HOA Dues
-
Year Built
1985

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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 #11102172)

Price History

Date / Event Date Event Price
Aug 6, 2021 Sold
Premium
Sold
May 27, 2021 Listed by @properties $385,000
Listed by @properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,128
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,750
  • Total Building Area: 3,902
  • Gross Building Area: 3,902
  • Building Area: 2,246
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,246
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST HILLS
  • Land Acres: 0000000660
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040

Neighborhood

  • School District Name: St. Charles Community Unit School District 303
  • Census Tract: 852408

Geography

  • Parcel: 08-27-403-001
  • Lot: 6
  • Municipality: CAMPTON
  • Latitude: 41.9154
  • Longitude: -88.4238

    Address

  • Full Address: 41w481 Forest Ln
  • Address - House Number: 41w481
  • Address - Street Name: Forest
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elburn
  • Carrier Code: R002
  • 4-Digit Zip Code: 9448
  • Zip Code: 60119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $641,996
  • Tax Rate Code Area: CA021

    Appraisal Valuation

  • Standard Deviation: 0.1403
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 474,804
  • High Value: 541,457
  • Low Value: 408,152

    Market Valuation

  • Market Total Value: $352,152
  • Market Land Value: $49,712
  • Market Improvement Value: $302,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,337
  • Assessed Land Value: $16,564
  • Assessed Improvements Value: $100,773

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021K061247

    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 Campton Hills

Stats & Trends

Median Asking:

$754,950

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

43

Average Home Size

4816 ft²

Average Home Age

29.2 years

Currently For Sale

21 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: Debora McKay, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11102172
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 41W481 Forest Lane built and last sold?
The property at 41W481 Forest Lane was built in 1985 and last sold on Aug 2, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 41W481 Forest Lane is $388,850.
What are some comparable homes to 41W481 Forest Lane?
There are currently no comparable homes to 41W481 Forest Lane.
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