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West Dundee 60118
513 Edinburgh Lane
$342,000
● House - Off Market

513 Edinburgh Lane

West Dundee, IL 60118
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,025 Ft²
$342,573
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

LOCATION, LOCATION!!!  4 BEDROOM, 2 1/2 BATHS, TWO STORIES HOME. FENCED IN YARD. FINISH BASEMENT .no offers will be accepted without showings, SOLD " AS IS " , buyer will need to remove all  the seller furniture and personal items left behind in the property after the closing .
Unit Size
2,025 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1988

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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 #11735796)

Price History

Date / Event Date Event Price
Jun 28, 2023 Sold
Premium
Sold
Mar 11, 2023 Listed by Chicago Residences $342,000
Listed by Chicago Residences

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • 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: 754
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,198
  • Total Building Area: 3,219
  • Gross Building Area: 3,219
  • Building Area: 2,025
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,025
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TARTANS GLEN
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: TARTANS GLEN ; LOT 186 10000 SUBDIVISION: TARTANS GLEN RANGE CODE: 8 E TWSHP 42N

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850103

Geography

  • Parcel: 03-21-427-002
  • Lot: 186
  • Municipality: DUNDEE
  • Latitude: 42.1028
  • Longitude: -88.3012

    Address

  • Full Address: 513 Edinburgh Ln
  • Address - House Number: 513
  • Address - Street Name: Edinburgh
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: West Dundee
  • Carrier Code: R006
  • 4-Digit Zip Code: 3337
  • Zip Code: 60118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $718,884
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: DU014

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 369,323
  • High Value: 426,710
  • Low Value: 311,936

    Market Valuation

  • Market Total Value: $277,908
  • Market Land Value: $75,267
  • Market Improvement Value: $202,641

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,599
  • Assessed Land Value: $25,079
  • Assessed Improvements Value: $67,520

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23691
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

1985 ft²

Average Home Age

37.1 years

Currently For Sale

18 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 428 Lakeshore Court, St. Charles, IL, 60174

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,827 ft²
428 Lakeshore Court #428, St. Charles, IL, 60174 Listing by Amy Adorno

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Wael Amra, Chicago Residences
Last Updated: 3 years ago
Data Source: MRED, MLS# 11735796
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 513 Edinburgh Lane built and last sold?
The property at 513 Edinburgh Lane was built in 1988 and last sold on Jun 27, 2023 for $342,000.
How much is this home worth?
The estimated value of the home located at 513 Edinburgh Lane is $0.
What are some comparable homes to 513 Edinburgh Lane?
There are currently no comparable homes to 513 Edinburgh Lane.
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