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Buffalo Grove 60089 Buffalo Grove
480 BURNT EMBER LN
$356,500
● House - Off Market

480 BURNT EMBER LN

BUFFALO GROVE, IL 60089
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$623,287
RealtyHop Estimate
70.81%
Since May 1, 2007
National-US
Primary Model

About This Property

WOW! PRICED BELOW MARKET FOR QUICK SALE! EVERY ROOM HAS BEEN REPAINTED! BRAND NEW CARPETING IN THE MASTER BEDROOM.*BATHS UPDATED*NEWER KITCHEN WITH EATING AREA OVERLOOKS FENCED YARD*FAMILY ROOM WITH BRICK FIREPLACE GREAT FLOOR PLAN* SPACIOUS ROOMS*GREAT LOCATION AND CURB APPEAL* OWNERS HAVE RELOCATED--MOVE RIGHT IN...TODAY!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1970

Payment Calculator

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,773
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 2,615
  • Gross Building Area: 2,615
  • Building Area: 2,115
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,115
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STRATHMORE IN BUFFALO GROVE UNIT 4
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: STRATHMORE IN BUFFALO GROVE UNIT 4 LOT 15 BLOCK 3

Neighborhood

  • School District Name: Kildeer Countryside Community Consolidated School District 96
  • Census Tract: 864516

Geography

  • District: VERNON
  • Parcel: 15-32-111-010
  • Block: 3
  • Lot: 15
  • Municipality: TWP OF VERNON
  • Latitude: 42.1626
  • Longitude: -87.9812

    Address

  • Full Address: 480 Burnt Ember Ln
  • Legal Unit: 4
  • Address - House Number: 480
  • Address - Street Name: Burnt Ember
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C055
  • 4-Digit Zip Code: 1612
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,214,416
  • Tax Rate Code Area: 16094

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 506,245
  • High Value: 587,118
  • Low Value: 425,373

    Market Valuation

  • Market Total Value: $419,703
  • Market Land Value: $101,755
  • Market Improvement Value: $317,948

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,887
  • Assessed Land Value: $33,915
  • Assessed Improvements Value: $105,972

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7660852
  • Previous Sale Recording Date: Dec 30, 2016
  • Previous Sale Contract Date: Dec 20, 2016
  • Previous Sale Amount: $340,000
  • 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 Buffalo Grove

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$245

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2043 ft²

Average Home Age

46 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 250 Mchenry Road, IL, 60089

$4,088 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
250 Mchenry Road #C1, IL, 60089 Listing by Sherry Mustafov
Unit for rent at 750 Dunhill Drive, Buffalo Grove, IL, 60089

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,518 ft²
750 Dunhill Drive, Buffalo Grove, IL, 60089 Listing by Vijay Ghuge

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Caren Miller, CSC, Coldwell Banker Residential Brokerage
Data Source: MRED, MLS# MRD06278966
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 480 Burnt Ember Lane built and last sold?
The property at 480 Burnt Ember Lane was built in 1970 and last sold on May 22, 2020 for $700,000.
How much is this home worth?
The estimated value of the home located at 480 Burnt Ember Lane is $0.
What are some comparable homes to 480 Burnt Ember Lane?
There are currently no comparable homes to 480 Burnt Ember Lane.
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