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Bartlett 60103
624 Philip Drive
$430,000
● House - Off Market

624 Philip Drive

Bartlett, IL 60103
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,200 Ft²
$475,816
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Villa Olivia Estates Subdivision 3200 sq ft 4 Bedroom home sits on a Oversized beautifully landscaped corner lot in a cul-de-sac adjacent to the Villa Olivia golf course and ski, toboggan and tube snow hill. Open floor plan is great for entertaining. Large family room with fireplace. Large kitchen with breakfast area. 1st floor laundry. 2nd floor has bonus room, master bedroom with private bath suite and 3 additional bedrooms. Full basement and 2.5 car garage and deck. New roof and trim in 2019. School bus stop at front of the house. Close to expressways and shopping.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
$899
HOA Dues
$13
Year Built
1998

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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 #11231900)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Sep 28, 2021 Listed by Coldwell Banker Realty $439,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 14,571
  • Total Building Area: 3,281
  • Gross Building Area: 3,281
  • Building Area: 3,281
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,281
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLA OLIVIA ESTATES 03
  • Land Acres: 0000000335
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804513

Geography

  • District: 18
  • Parcel: 06-28-104-007-0000
  • Lot: 7
  • Meridian: SEC 28 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0097
  • Longitude: -88.2202

    Address

  • Full Address: 624 Philip Dr
  • Address - House Number: 624
  • Address - Street Name: Philip
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bartlett
  • Carrier Code: R013
  • 4-Digit Zip Code: 1233
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,241,093
  • Tax Rate Code Area: 18018

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 431,660
  • High Value: 475,304
  • Low Value: 388,016

    Market Valuation

  • Market Total Value: $440,000
  • Market Land Value: $123,850
  • Market Improvement Value: $316,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,000
  • Assessed Land Value: $12,385
  • Assessed Improvements Value: $31,615

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2206007728
  • Previous Sale Recording Date: Mar 18, 2011
  • Previous Sale Contract Date: Jul 02, 2010
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 71
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 Bartlett

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1986 ft²

Average Home Age

25.7 years

Currently For Sale

63 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 1283 Foxglove Drive, Bartlett, IL, 60103

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,756 ft²
1283 Foxglove Drive, Bartlett, IL, 60103 Listing by Jerome Greene

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Frank McLaughlin, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11231900
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 624 Philip Drive built and last sold?
The property at 624 Philip Drive was built in 1998 and last sold on Jan 7, 2022 for $430,000.
How much is this home worth?
The estimated value of the home located at 624 Philip Drive is $457,015.
What are some comparable homes to 624 Philip Drive?
There are currently no comparable homes to 624 Philip Drive.
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