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Wheaton 60187
607 Myrtlewood Lane
$373,000
● House - Off Market

607 Myrtlewood Lane

WHEATON, IL 60187
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,100 Ft²
$588,091
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

#WelcomeHome to this Great Wheaton Location.  This 4 Bedroom, 2.5 Bathroom is an well-established neighborhood, Close to Train, Just blocks away from A+ Awarding Winning Schools.  Hardwood floors throughout, the property has just been professional painted.  This home is perfect to customize or just move in!  Fireplace in Family Room and Formal Living and Dining Rooms.  Well sized rooms on the second well with tons of closet space!   Large and clean basement with extra large two car garage.  Landscaped Wooded Backyard Show today, this one will not last long! Great home for future updates/additions or just move in and do nothing Roof only five years old & home has great bones!  Show this home today!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$175
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #09660191)

Price History

Date / Event Date Event Price
Jul 14, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by Publix Realty, Inc. $367,900
Listed by Publix Realty, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 972
  • 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: 10,890
  • Lot Size Depth Feet: 155
  • Lot Size Frontage Feet: 70
  • Total Building Area: 3,356
  • Gross Building Area: 3,356
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIPE LAKESIDE DRIVE DIV
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: SIPE LAKESIDE DRIVE DIV UNIT 3

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842605

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3024-A7
  • Parcel: 05-17-326-005
  • Lot: 4
  • Municipality: MILTON
  • Latitude: 41.8593
  • Longitude: -88.1271

    Address

  • Full Address: 607 Myrtlewood Ln
  • Legal Unit: 3
  • Address - House Number: 607
  • Address - Street Name: Myrtlewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C091
  • 4-Digit Zip Code: 4605
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $823,778
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 468,726
  • High Value: 548,060
  • Low Value: 389,392

    Market Valuation

  • Market Total Value: $374,850
  • Market Land Value: $95,550
  • Market Improvement Value: $279,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,950
  • Assessed Land Value: $31,850
  • Assessed Improvements Value: $93,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2017
  • Current Sale Recording Date: Jul 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017-074968

    Financing

  • First Mortgage Financing Type: FIX
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 Wheaton

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1815 ft²

Average Home Age

52.8 years

Currently For Sale

72 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 27w220 Chelsea Circle N, Winfield, IL, 60190

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 2,181 ft²
27w220 Chelsea Circle N, Winfield, IL, 60190 Listing by Kiara Poole

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Publix Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09660191
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 607 Myrtlewood Lane built and last sold?
The property at 607 Myrtlewood Lane was built in 1968 and last sold on Jul 14, 2017 for $373,000.
How much is this home worth?
The estimated value of the home located at 607 Myrtlewood Lane is $0.
What are some comparable homes to 607 Myrtlewood Lane?
There are currently no comparable homes to 607 Myrtlewood Lane.
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