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Matteson 60443
620 Larkspur Lane
$415,000
● House - Off Market

620 Larkspur Lane

Matteson, IL 60443
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,945 Ft²
$3,070
Est. Monthly

About This Property

Beautiful two-story brick home in the desirable Butterfield Place subdivision. Features a vaulted living room open to the formal dining area. Eat-in kitchen with stainless steel appliances. Spacious family room with fireplace and high ceilings. Fresh paint and new carpet throughout. Home offers 4 generously sized bedrooms with walk-in closets, including a primary suite with luxury bath and dual sinks. Additional highlights include a 3-car garage, patio, and large backyard.  Property is being sold as-is. Renovated and all financing types welcome. Schedule your showing today.
Unit Size
2,945 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
House
Property Taxes
$1,057
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,880
  • Total Building Area: 2,945
  • Gross Building Area: 2,945
  • Building Area: 2,945
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,945
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FINAL PLAT OF BUTTERFIELD PLACE
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (FINAL) (PLAT) OF (BUTTERFIELD) (PLACE) A SUB OF PT O F THE SW SEC 15-35-13

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830004

Geography

  • District: 32
  • Parcel: 31-15-304-025-0000
  • Lot: 63
  • Meridian: SEC 15 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5163
  • Longitude: -87.7254

    Address

  • Full Address: 620 Larkspur Ln
  • Address - House Number: 620
  • Address - Street Name: Larkspur
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Matteson
  • Carrier Code: C010
  • 4-Digit Zip Code: 1770
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,248,002
  • Tax Rate Code Area: 32015

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 400,932
  • High Value: 492,769
  • Low Value: 309,095

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $59,840
  • Market Improvement Value: $280,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $5,984
  • Assessed Improvements Value: $28,016

    Sales

  • Current Sale Contract Date: Sep 27, 2017
  • Current Sale Recording Date: Oct 06, 2017
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 1727949076
  • Previous Sale Recording Date: Jun 13, 1997
  • Previous Sale Contract Date: Jun 06, 1997
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 41
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 Matteson

Stats & Trends

Median Asking:

$267,000

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1601 ft²

Average Home Age

44.6 years

Currently For Sale

36 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 4020 216th Street, Matteson, IL, 60443

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
4020 216th Street #2E, Matteson, IL, 60443 Listing by Latanya Sampson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kevin Kennedy, Crosstown Realtors Inc
Data Source: MRED, MLS# MRD12537778
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 620 Larkspur Lane built and last sold?
The property at 620 Larkspur Lane was built in 1996 and last sold on Sep 27, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 620 Larkspur Lane is $416,733.
What are some comparable homes to 620 Larkspur Lane?
There are currently no comparable homes to 620 Larkspur Lane.
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