When was property at 551 Bedford Lane built and last sold?

The property at 551 Bedford Lane was built in 1964 and last sold on Aug 11, 2022 for $430,000.

How much is this home worth?

The estimated value of the home located at 551 Bedford Lane is $324,696.

What are some comparable homes to 551 Bedford Lane?

There are currently no comparable homes to 551 Bedford Lane.

Des Plaines

60016

551 Bedford Lane

$302,000

● House - Off Market

551 Bedford Lane

Des Plaines, IL 60016

3 Beds

2 Baths, 1 Half Bath

1,273 Ft²

$336,952

RealtyHop Estimate

5.30%

Since Mar 1, 2022

National-US

Primary Model

About This Property

Fantastic 3 bedroom split level in awesome Des Plaines neighborhood! Great location close to schools, shopping, restaurants, expressway & the train. Top of the line construction with 1,273 square feet. 3 Bedrooms and 1 & 1/2 Bathroom. Open layout. Perfect for entertaining. Hardwood floors in Living Room and Bedrooms. Cherry cabinets in the kitchen. Lot of natural light. Basement Family Room, separate Laundry Room and an extra storage room Newer Sewer Line from the house to the curb (2014). Large fenced backyard with lovely patio. Attached 1 & 3/4 car garage. Huge driveway. Not in a floodplain.

Unit Size

1,273 Ft²

Days on Market

Land Size

0.16 acres

Price per sqft

$251

Property Type

House

Property Taxes

$548

HOA Dues

Year Built

1964

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11290935)

Price History

Date / Event	Date	Event
Feb 9, 2022	Sold	Premium
Sold
Dec 17, 2021	Listed by Century 21 Roberts & Andrews	$320,000
Listed by Century 21 Roberts & Andrews
Jan 2, 2019	No longer available	-
No longer available
Oct 31, 2018	Relisted	$299,500
Relisted
Oct 29, 2018	No longer available	-
No longer available
Aug 2, 2018	Listed	$299,500
Listed

	Cherry kitchen cabinets. Newer 2009 roof. 2016 gas hot water tank. New privacy fence and gates 2013. New laderal sewer line from house to curb 2014. New paved street, curbs, storm sewers, drains, fire hydrants, driveway apron, and front side walk 2014. Walk to school. All aluminum gutters, soffit, facia, and window coverings. Concrete walks and patio. Foyer and raised dining room with slate floors. Hardwood floors. Seperate outside basement entrance. Not in flood plane. BRING US OFFERS. The manager has listed the unit size as 1273 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1964

Effective Year Built: 1964
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 41
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,875

Total Building Area: 1,273
Gross Building Area: 1,273
Building Area: 1,273
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,273
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: GOLF TERRACE UNIT NO 2
Land Acres: 0000000158
Standard Land Use Code: 1001
County Land Use Code: 2-34

Neighborhood

School District Name: Des Plaines Community Consolidated School District 62

Census Tract: 806102

Geography

District: 22

Parcel: 09-18-308-007-0000
Meridian: SEC 18 TWN 41N RNG 12E
Municipality: MAINE
Latitude: 42.0425
Longitude: -87.9172

Address

Full Address: 551 Bedford Ln

Address - House Number: 551
Address - Street Name: Bedford
Address - Suffix Type: Ln
State: IL
City Name: Des Plaines
Carrier Code: C013
4-Digit Zip Code: 2936
Zip Code: 60016

Valuation

Tax

Tax Year: 2022

Tax Amount: $793,621
Tax Rate Code Area: 22028

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 302,711
High Value: 333,318
Low Value: 272,105

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $370,010

Market Land Value: $61,880
Market Improvement Value: $308,130

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $37,001
Assessed Land Value: $6,188
Assessed Improvements Value: $30,813

Sales

Current Sale Contract Date: Aug 11, 2022

Current Sale Recording Date: Aug 22, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 21023
Previous Sale Recording Date: Mar 10, 2022
Previous Sale Contract Date: Feb 09, 2022
Previous Sale Amount: $302,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1643 ft²

Average Home Age

53.9 years

Currently For Sale

110 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 11 W Prospect Avenue, Mount Prospect, IL, 60056

$2,630 /mo

1 Bed
1 Bath
695 ft²

11 W Prospect Avenue #414, Mount Prospect, IL, 60056 Listing by Lauren Evett

Unit for rent at 930 Beau Drive, Des Plaines, IL, 60016

$2,600 /mo

3 Beds
2 Baths
1,200 ft²

930 Beau Drive #312, Des Plaines, IL, 60016 Listing by Sally Haynes

Unit for rent at 848 Lee Street, Des Plaines, IL, 60016

$2,850 /mo

3 Beds
2 Baths
1,600 ft²

848 Lee Street, Des Plaines, IL, 60016 Listing by Gergana Todorova

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Andy Murphy, Century 21 Roberts & Andrews
Last Updated: 3 years ago
Data Source: MRED, MLS# 11290935

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.

551 Bedford Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Des Plaines

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions