See Home Value
Des Plaines 60016
516 Vassar Lane
$356,098*
House - Off Market

516 Vassar Lane

Des Plaines, IL 60016
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1005 Sqft
$315,000 - $385,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold Apr 03, 2023
$365,000
Sold Dec 21, 1993
$104,666
$125,000 by Barrington Mtg Corp
Mortgage Due Jan 01, 2024

About This Property

This meticulously maintained brick ranch in the always coveted Cumberland area of Des Plaines is just a short distance from the Metra station and convenient to tons of shopping, schools and parks. You'll love the gorgeous finishes and hardwood floors, as well as the great light and open feel of this home. The eat-in kitchen is highlighted by stainless steel appliances, gorgeous modern hardware, and an eating area with beautiful bay window. Hardwood flooring and ceiling fans are included in each of the three bedrooms on the main level. The full finished basement and the two full baths make this space super functional. Downstairs you'll find a spacious rec room, laundry room, quiet home office, and a full bathroom. This home features an abundance of storage in addition to an oversized and insulated two car garage. Large fenced backyard gives you room to relax. Don't miss this opportunity to own a well-built three bedroom home in Cumberland Highlands! Taxes do not reflect a homeowner exemption.

The manager has listed the unit size as 1005 square feet.
Unit Size
1,005Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$348
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1959

Price History

Date / Event Date Event Price
Apr 3, 2023 Sold to Richard Burgwinkel $365,000
Sold to Richard Burgwinkel
Apr 1, 2023 No longer available -
No longer available
Mar 10, 2023 In contract -
In contract
Mar 3, 2023 Listed $350,000
Listed
Dec 21, 1993 Sold to John H Rover $104,666
Sold to John H Rover

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,425
  • Lot Size Depth Feet: 550
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 1,005
  • Gross Building Area: 1,005
  • Building Area: 1,005
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,005
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CUMBERLAND HIGHLANDS
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CUMBERLAND)(HIGHLANDS) SUB PT OF NW SEC 07-41-12

Ownership

  • Current Owner : BURGWINKEL RICHARD
  • Previous Owner : JOHN H ROVER DECLARATION OF TRUST
  • Owner Before Previous Owner: ORLIK CHRIS R
  • Owner Before Previous Owner 2: ORLIK HELENE E

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806103

Geography

  • District: 22
  • Parcel: 09-07-107-025-0000
  • Block: 6
  • Lot: 12
  • Meridian: SEC 07 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0619
  • Longitude: -87.9192

    Address

  • Full Address: 516 Vassar Ln
  • Address - House Number: 516
  • Address - Street Name: Vassar
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C028
  • 4-Digit Zip Code: 2039
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,491
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 382,744
  • High Value: 460,584
  • Low Value: 304,904

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $63,110
  • Market Improvement Value: $266,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $6,311
  • Assessed Improvements Value: $26,689

    Sales

  • Current Sale Contract Date: Mar 30, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Transaction ID: 11904615960
  • Current Sale Price: $365,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 41247
  • Previous Sale Recording Date: Dec 21, 1993
  • Previous Sale Contract Date: Dec 17, 1993
  • Previous Sale Amount: $104,666
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BARRINGTON MTG CORP
  • Previous Mortgage Transaction Date: Dec 21, 1993
  • Previous Mortgage Loan Amount: $125,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,514 ft²
$221/ft²
$335,000 Mar 1, 2023
-
$696/mo
House
3 Beds
2 Baths
2,354 ft²
$159/ft²
$374,900 Mar 3, 2023
-
$575/mo
House
3 Beds
3 Baths
2,842 ft²
$141/ft²
$399,900 Jan 20, 2023
-
$630/mo

About Des Plaines


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Nearby Rentals

Unit for rent at 1304 E Prairie Avenue, Des Plaines, IL, 60016

$2,500 /mo

  • 2 Beds
  • 2 Baths
1304 E Prairie Avenue, Des Plaines, IL, 60016 Listing by Kimberly Wirtz


Frequently Asked Questions

When was property at 516 Vassar Lane built and last sold?
The property at 516 Vassar Lane was built in 1959 and last sold on Mar 30, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 516 Vassar Lane is $348,935.
What are some comparable homes to 516 Vassar Lane?
Homes that are comparable to 516 Vassar Lane include a house property at 112 South Mt Prospect Road, 215 South Edward Street, 312 South Mt Prospect Road.

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