See Home Value
Inverness 60010
705 Skye Lane
$685,000
● House - Off Market

705 Skye Lane

Inverness, IL 60010
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,884 Ft²
$3,560
Est. Monthly

About This Property

Welcome to 705 Skye Lane, a beautifully updated Dutch Colonial nestled in the prestigious Cheviot Hills subdivision of Inverness. Situated on nearly an acre of professionally landscaped grounds, this 4-bedroom, 4-bathroom home offers over 4,300 square feet of living space, including a fully finished basement designed for both relaxation and entertainment. Upon entering, you're greeted by a tiled foyer leading to expansive living areas adorned with crown molding, coffered ceilings, and gleaming hardwood floors. The spacious family room features a floor-to-ceiling brick fireplace, built-in shelving, and a wet bar, seamlessly connecting to a brick paver patio-perfect for indoor-outdoor living. The modern farmhouse kitchen boasts white cabinetry with glass-front accents, Corian countertops, stainless steel appliances, and a cozy breakfast area with sliding doors that open to the backyard. Upstairs, the owner's suite is a tranquil retreat with tray ceilings, recessed lighting, double closets, and a spa-like en-suite bathroom complete with a whirlpool tub, separate shower, and granite-topped vanity. Three additional generously sized bedrooms with ample closet space complete the upper level. The fully finished basement offers a large recreation room with a wet bar, a media room, and a spacious storage area, providing ample space for entertainment and organization.
Unit Size
2,884 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$251
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,427
  • Total Building Area: 3,091
  • Gross Building Area: 3,091
  • Building Area: 3,091
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,091
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEVIOT HILLS OF INVERNESS UNIT4
  • Land Acres: 0000000974
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (CHEVIOT) (HILLS) OF (INVERNESS) (UNIT4) SUB OF LTS5- 8 IN CHEVIOT HILLS OF INVERNESS UNIT1 SUB OF PT EH NW & WH OF NW SEC 18

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803603

Geography

  • District: 29
  • Parcel: 02-18-101-028-0000
  • Lot: 5-8
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1188
  • Longitude: -88.1158

    Address

  • Full Address: 705 Skye Ln
  • Legal Unit: 4
  • Address - House Number: 705
  • Address - Street Name: Skye
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Inverness
  • Carrier Code: C022
  • 4-Digit Zip Code: 5655
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 29129

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 559,114
  • High Value: 615,644
  • Low Value: 502,583

    Market Valuation

  • Market Total Value: $520,000
  • Market Land Value: $127,280
  • Market Improvement Value: $392,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,000
  • Assessed Land Value: $12,728
  • Assessed Improvements Value: $39,272

    Sales

  • Current Sale Contract Date: Jul 24, 2019
  • Current Sale Recording Date: Jul 31, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1921241100
  • Previous Sale Recording Date: Oct 30, 2006
  • Previous Sale Contract Date: Sep 30, 2006
  • Previous Sale Amount: $540,000
  • 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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Inverness


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Nearby Rentals

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$3,750 /mo

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  • 2 Baths
  • 1,222 ft²
116 Sturtz Street, Barrington, IL, 60010 Listing by Robbie Morrison
Unit for rent at 4625 Huntington Boulevard, Hoffman Estates, IL, 60192

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 9,999 ft²
4625 Huntington Boulevard, Hoffman Estates, IL, 60192 Listing by Al Janabi


Frequently Asked Questions

When was property at 705 Skye Lane built and last sold?
The property at 705 Skye Lane was built in 1978 and last sold on Jul 24, 2019 for $458,500.
How much is this home worth?
The estimated value of the home located at 705 Skye Lane is $730,917.
What are some comparable homes to 705 Skye Lane?
There are currently no comparable homes to 705 Skye Lane.