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Bartlett 60103
535 JERVEY
$330,000
● House - Off Market

535 JERVEY

BARTLETT, IL 60103
bedrooms
3 Beds
bathrooms
2 Baths
$583,440
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

STUNNING RANCH W/BASEMENT BACKS TO FOREST PRESERVE. 3 HUGE BEDROOMS W/GLEAMING HW FLRS & OVERSIZED CLOSETS! KITCHEN MADE FOR ENTERTAINING W/DOUBLE OVEN, WALK IN PANTRY, AND BREAKFAST BAR, PLUS FORMAL DINING ROOM! FIRST FLOOR FAMILY ROOM W/FIREPLACE LEADS TO LARGE DECK & NATURE'S PARADISE! MUST SEE!
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
1972

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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: 2 years ago (MRED MLS #06459789)

Price History

Date / Event Date Event Price
Jun 4, 2007 Sold
Premium
Sold
Mar 30, 2007 Listed by RE/MAX Unlimited Northwest $339,900
Listed by RE/MAX Unlimited Northwest

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,460
  • Total Building Area: 1,935
  • Building Area: 1,935
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,935
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARTLETT OAKS
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BARTLETT OAKS UNIT #2

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841316

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2910-E4
  • Parcel: 01-03-207-008
  • Lot: 45
  • Municipality: WAYNE
  • Latitude: 41.9826
  • Longitude: -88.1912

    Address

  • Full Address: 535 Jervey Ln
  • Legal Unit: 2
  • Address - House Number: 535
  • Address - Street Name: Jervey
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bartlett
  • Carrier Code: C073
  • 4-Digit Zip Code: 4523
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $916,124
  • Tax Rate Code Area: 1036

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 414,268
  • High Value: 483,059
  • Low Value: 345,477

    Market Valuation

  • Market Total Value: $332,520
  • Market Land Value: $116,430
  • Market Improvement Value: $216,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,840
  • Assessed Land Value: $38,810
  • Assessed Improvements Value: $72,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2007
  • Current Sale Recording Date: Jun 15, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2007-111557
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 Bartlett

Stats & Trends

Median Asking:

$419,700

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1964 ft²

Average Home Age

26 years

Currently For Sale

65 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 649 Harbor Terrace, Bartlett, IL, 60103

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,576 ft²
649 Harbor Terrace, Bartlett, IL, 60103 Listing by Egle Vasiliauskiene
Unit for rent at 1620 Columbia Circle, Bartlett, IL, 60103

$2,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,578 ft²
1620 Columbia Circle #2, Bartlett, IL, 60103 Listing by Sue Rogus

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX Unlimited Northwest
Last Updated: 2 years ago
Data Source: MRED, MLS# 06459789
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 535 Jervey Lane built and last sold?
The property at 535 Jervey Lane was built in 1972 and last sold on Jun 4, 2007 for $330,000.
How much is this home worth?
The estimated value of the home located at 535 Jervey Lane is $343,299.
What are some comparable homes to 535 Jervey Lane?
There are currently no comparable homes to 535 Jervey Lane.
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