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Lombard 60148
618 Arthur Drive
$265,000
● House - Off Market

618 Arthur Drive

Lombard, IL 60148
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,055 Ft²
$297,440
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Your charming brick beauty awaits. Welcome home and come on in. As you enter through your new front door sun spills into the spacious family room with gorgeous hardwood floors. An open concept main level is perfect for entertaining. Your updated kitchen makes weeknight dinners just as exciting as going out to dinner. Theres 3 generous sized bedrooms on the second level with full bathroom. The finished basement is currently being used for a second family room but could be turned into craft room, man cave, toy room or whatever you need it to be, full bathroom and laundry room. Your backyard is perfect for summer BBQ's or playing bags in the yard. Close to shopping, restaurants and parks. New roof and gutters 2020, A/C 2019, Furnace 2017, Permaseal water proofing in basement 2018, sump pump and battery back up 2021.
Unit Size
1,055 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$246
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1959

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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: 3 years ago (MRED MLS #11119748)

Price History

Date / Event Date Event Price
Aug 6, 2021 Sold
Premium
Sold
Jun 11, 2021 Listed by @properties $259,900
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 536
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 125
  • Lot Size Frontage Feet: 60
  • Total Building Area: 1,591
  • Gross Building Area: 1,591
  • Building Area: 1,055
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,055
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOMBARD MEADOWS
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: LOMBARD MEADOWS

Neighborhood

  • School District Name: Villa Park School District 45
  • School Tax School District: LOMBARD
  • Census Tract: 844202

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3026-E5
  • Parcel: 06-16-104-037
  • Lot: 9
  • Municipality: YORK
  • Latitude: 41.8733
  • Longitude: -87.9939

    Address

  • Full Address: 618 Arthur Dr
  • Address - House Number: 618
  • Address - Street Name: Arthur
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lombard
  • Carrier Code: C028
  • 4-Digit Zip Code: 3609
  • Zip Code: 60148

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $610,280
  • Tax Rate Code Area: 6024

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 307,473
  • High Value: 362,123
  • Low Value: 252,823

    Market Valuation

  • Market Total Value: $242,460
  • Market Land Value: $71,490
  • Market Improvement Value: $170,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,820
  • Assessed Land Value: $23,830
  • Assessed Improvements Value: $56,990

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-134890
  • Previous Sale Recording Date: May 26, 2005
  • Previous Sale Contract Date: May 13, 2005
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 27

    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 Lombard

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$248

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1721 ft²

Average Home Age

48.9 years

Currently For Sale

93 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 500 N Westwood Avenue, Lombard, IL, 60148

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,436 ft²
500 N Westwood Avenue, Lombard, IL, 60148 Listing by Lizbeth Gonzalez
Unit for rent at 27 W Park Boulevard, Villa Park, IL, 60181

$2,664 /mo

  • 1 Bed
  • 1 Bath
  • 888 ft²
27 W Park Boulevard #101, Villa Park, IL, 60181 Listing by Craig Ross

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jed Parish, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11119748
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 618 Arthur Drive built and last sold?
The property at 618 Arthur Drive was built in 1959 and last sold on Jul 30, 2021 for $265,000.
How much is this home worth?
The estimated value of the home located at 618 Arthur Drive is $0.
What are some comparable homes to 618 Arthur Drive?
There are currently no comparable homes to 618 Arthur Drive.
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