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Lakemoor 60051
608 Barbara Lane
$239,500
● House - Off Market

608 Barbara Lane

Lakemoor, IL 60051
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,664 Ft²
$278,010
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Well maintained tri-level on a large lot with nice landscaping, great curb appeal and a big, fenced-in back yard.   Three bedrooms and three full baths (two without tubs, just showers) plus two car garage and finished lower level.  Nice and very quiet neighborhood of homes built in the early 1990s with mature trees lining the street.   Living room has bay windows, kitchen has vaulted ceilings and a skylight. Master bedroom has its own bath and good closet space. The backyard has a patio, a firepit, a shed and is 100' wide.   The roof, windows, and garage door have been replaced over the years.  Great schools and just a short walk down the street to the beautiful Moraine Hills State Park (check out their website for activities there).  There is a lot to like here, come take a look!
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$147
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1991

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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 #11112265)

Price History

Date / Event Date Event Price
Sep 2, 2021 Sold
Premium
Sold
Jun 4, 2021 Listed by RE/MAX Showcase $244,900
Listed by RE/MAX Showcase

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,158
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 458
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRITZSCHES ESTATES 1ST ADDN
  • Land Acres: 0000000230
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0051785 LT 7 BLK 2 FRITZSCHES ESTATES 1ST ADDN MEMO: NENNIG, BLAKE/TRAUTZ, ALEXANDRIA

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870811

Geography

  • Parcel: 15-05-179-015
  • Block: 2
  • Lot: 7
  • Municipality: NUNDA TWP
  • Latitude: 42.3237
  • Longitude: -88.2094

    Address

  • Full Address: 608 Barbara Ln
  • Address - House Number: 608
  • Address - Street Name: Barbara
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R018
  • 4-Digit Zip Code: 8801
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $590,918
  • Tax Rate Code Area: 15098

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 288,270
  • High Value: 335,208
  • Low Value: 241,333

    Market Valuation

  • Market Total Value: $207,987
  • Market Land Value: $37,104
  • Market Improvement Value: $170,883

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,329
  • Assessed Land Value: $12,368
  • Assessed Improvements Value: $56,961

    Sales

  • Current Sale Contract Date: Sep 14, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0051785
  • Previous Sale Recording Date: Feb 28, 2003
  • Previous Sale Contract Date: Feb 24, 2003
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 71

    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 Lakemoor

Stats & Trends

Median Asking:

$306,995

Sale Price/ft²

$180

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1608 ft²

Average Home Age

27.6 years

Currently For Sale

14 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 32804 Bending Creek Road, Lakemoor, IL, 60051

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,462 ft²
32804 Bending Creek Road, Lakemoor, IL, 60051 Listing by Amy Kite

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeffrey Bell, RE/MAX Showcase
Last Updated: 3 years ago
Data Source: MRED, MLS# 11112265
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 608 Barbara Lane built and last sold?
The property at 608 Barbara Lane was built in 1991 and last sold on Sep 14, 2021 for $239,500.
How much is this home worth?
The estimated value of the home located at 608 Barbara Lane is $253,302.
What are some comparable homes to 608 Barbara Lane?
There are currently no comparable homes to 608 Barbara Lane.
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