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McHenry 60014 Crystal Lake Estates
4514 David Lane
$315,000
● House - Off Market

4514 David Lane

Crystal Lake, IL 60014
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,716 Ft²
$288,906
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

SPACIOUS 4 bedroom home on LARGE LOT with HUGE 2 CAR ATTACHED GARAGE offering storage and work space. Beautiful HARDWOOD flooring in living room and bedrooms. Tiled kitchen with updated cabinets and STAINLESS STEEL APPLIANCES. Separate dining room is adjacent to the kitchen. WALKOUT Lower Level includes spacious family room, bedroom, full bathroom, and a sunny 3 SEASONS ROOM. Finished sub basement with Laundry room and new mechanicals. Fresh paint on exterior gives this home great CURB APPEAL. Within sought after Prairie Ridge High School boundaries.
Unit Size
1,716 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$166
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1961

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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 #11301223)

Price History

Date / Event Date Event Price
Apr 21, 2022 Sold
Premium
Sold
Feb 4, 2022 Listed by Keller Williams Success Realty $285,000
Listed by Keller Williams Success Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 8
  • Basement Area: 1,100
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,266
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL LAKE ESTATES
  • Land Acres: 0000000459
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0015372 LT 18 CRYSTAL LAKE ESTATES

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 871304

Geography

  • Parcel: 19-03-201-005
  • Block: 201
  • Lot: 18
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2409
  • Longitude: -88.285

    Address

  • Full Address: 4514 David Ln
  • Address - House Number: 4514
  • Address - Street Name: David
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: R005
  • 4-Digit Zip Code: 6405
  • Zip Code: 60014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $677,486
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 19001

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 338,833
  • High Value: 394,711
  • Low Value: 282,955

    Market Valuation

  • Market Total Value: $256,374
  • Market Land Value: $55,215
  • Market Improvement Value: $201,159

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,458
  • Assessed Land Value: $18,405
  • Assessed Improvements Value: $67,053

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: Apr 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15372
  • Previous Sale Recording Date: Jul 13, 2016
  • Previous Sale Contract Date: Jul 08, 2016
  • Previous Sale Amount: $115,000
  • 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 Crystal Lake Estates

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$190

Below Asking

0.01%

Average Days on Market

35

Average Home Size

2499 ft²

Average Home Age

51.7 years

Currently For Sale

0 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 648 Cassia Court, Crystal Lake, IL, 60012

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,767 ft²
648 Cassia Court, Crystal Lake, IL, 60012 Listing by Kevin Baum
Unit for rent at 737 Wellington Lane, Cary, IL, 60013

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,574 ft²
737 Wellington Lane #737, Cary, IL, 60013 Listing by Anthony Mathews

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tyler Lewke, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11301223
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 4514 David Lane built and last sold?
The property at 4514 David Lane was built in 1961 and last sold on Apr 6, 2022 for $315,000.
How much is this home worth?
The estimated value of the home located at 4514 David Lane is $0.
What are some comparable homes to 4514 David Lane?
There are currently no comparable homes to 4514 David Lane.
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