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West Dundee 60118
504 Lisa Road
$310,000
● House - Off Market

504 Lisa Road

West Dundee, IL 60118
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,868 Ft²
$354,777
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Fully updated 3 bedrooms and 3 bathrooms home. Brand new kitchen cabinets with quarts countertops and new appliances. New bathrooms, recessed lights, new windows and hardwood floors. Lower level offers family room with access to the back yard, full bath, laundry with lots of storage plus crawlspace for even more storage. New roof and driveway.  Fenced yard. Concrete patio on the side of the house. Walking distance to downtown Dundee, river bike path, restaurants, shops.
Unit Size
1,868 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$166
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1960

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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 #11164710)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jul 26, 2021 Listed by Associates Realty $310,000
Listed by Associates Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,180
  • Gross Building Area: 2,180
  • Building Area: 1,868
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,868
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DUNDEE HIGHLANDS
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: DUNDEE HIGHLANDS ; E65 LOT 2 2ND ADDN 65X120 SUBDIVISION: DUNDEE HIGHLANDS RANGE CODE: 8 E TWSHP 42N

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850500

Geography

  • Parcel: 03-27-205-020
  • Lot: 2
  • Municipality: DUNDEE
  • Latitude: 42.0945
  • Longitude: -88.283

    Address

  • Full Address: 504 Lisa Rd
  • Address - House Number: 504
  • Address - Street Name: Lisa
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: West Dundee
  • Carrier Code: C002
  • 4-Digit Zip Code: 2824
  • Zip Code: 60118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $681,160
  • Tax Rate Code Area: DU014

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 336,386
  • High Value: 388,656
  • Low Value: 284,117

    Market Valuation

  • Market Total Value: $250,051
  • Market Land Value: $50,951
  • Market Improvement Value: $199,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,317
  • Assessed Land Value: $16,977
  • Assessed Improvements Value: $66,340

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K070297
  • Previous Sale Recording Date: Apr 16, 2021
  • Previous Sale Contract Date: Mar 24, 2021
  • Previous Sale Amount: $175,000
  • 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 West Dundee

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2163 ft²

Average Home Age

34.6 years

Currently For Sale

17 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 205 Caddy Avenue, Carpentersville, IL, 60110

$2,500 /mo

  • 3 Beds
  • 1 Bath
205 Caddy Avenue, Carpentersville, IL, 60110 Listing by Frank Sevcik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Agnieszka Skubiszynska, Associates Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11164710
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 504 Lisa Road built and last sold?
The property at 504 Lisa Road was built in 1960 and last sold on Aug 20, 2021 for $310,000.
How much is this home worth?
The estimated value of the home located at 504 Lisa Road is $0.
What are some comparable homes to 504 Lisa Road?
There are currently no comparable homes to 504 Lisa Road.
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