When was property at 720 Lance Drive built and last sold?

The property at 720 Lance Drive was built in 1963 and last sold on Dec 10, 2022 for $330,000.

How much is this home worth?

The estimated value of the home located at 720 Lance Drive is $0.

What are some comparable homes to 720 Lance Drive?

There are currently no comparable homes to 720 Lance Drive.

Des Plaines

60016

720 Lance Drive

$330,000

● House - Off Market

720 Lance Drive

Des Plaines, IL 60016

3 Beds

2 Baths, 1 Half Bath

1,600 Ft²

$339,373

RealtyHop Estimate

6.09%

Since Jan 1, 2023

National-US

Primary Model

About This Property

Just what you have been waiting for! True one-story living, solid brick home with a full basement on a quiet street! Talk about STURDY! This home was built for Chicago winter winds! With exceptional living spaces with a formal dining room and living room AND family room there's so much space for you to enjoy and entertain! Brand new sliding glass door leads to fully fenced and spacious backyard. Brand new high end stainless steel refrigerator, new windows in family room. Large and luxurious walk-in accessible bathtub is perfect for anyone needing bathing assistance. Enormous full basement has a well-appointed work room, storage galore and a new sump pump with battery backup.

Unit Size

1,600 Ft²

Days on Market

Land Size

Price per sqft

$200

Property Type

House

Property Taxes

$412

HOA Dues

Year Built

1963

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11667951)

Price History

Date / Event	Date	Event
Dec 12, 2022	Sold	Premium
Sold
Nov 5, 2022	Listed by RE/MAX All Pro	$319,896
Listed by RE/MAX All Pro

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1963

Building Count: 1
Total Rooms: 6
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 3
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,125

Lot Size Depth Feet: 650
Lot Size Frontage Feet: 1,250
Total Building Area: 1,456
Gross Building Area: 1,456
Building Area: 1,456
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 1,456
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: KUNTZES HIGH RIDGE KNOLLS UNIT5
Land Acres: 0000000187
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: (KUNTZES) HIGH RIDGE (KNOLLS)(UNIT5) RESUB OF LT 21 T OGETHER WITH PTS OF LTS 10 12 & 20 OF OWNERS SUB OF SEC 13 SEC 13-41-11

Neighborhood

School District Name: Township High School District 214

Census Tract: 804902

Geography

District: 16

Parcel: 08-13-308-015-0000
Block: X
Lot: 10,12
Meridian: SEC 13 TWN 41N RNG 11E
Municipality: ELK GROVE
Latitude: 42.0391
Longitude: -87.9386

Address

Full Address: 720 Lance Dr

Legal Unit: 5
Address - House Number: 720
Address - Street Name: Lance
Address - Suffix Type: Dr
State: IL
City Name: Des Plaines
Carrier Code: C034
4-Digit Zip Code: 2570
Zip Code: 60016

Valuation

Tax

Tax Year: 2022

Tax Amount: $650,277
Tax Rate Code Area: 16042

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 404,037
High Value: 496,295
Low Value: 311,779

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $330,010

Market Land Value: $73,130
Market Improvement Value: $256,880

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $33,001
Assessed Land Value: $7,313
Assessed Improvements Value: $25,688

Sales

Current Sale Contract Date: Dec 10, 2022

Current Sale Recording Date: Dec 14, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 33163

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1652 ft²

Average Home Age

52.5 years

Currently For Sale

110 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

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$2,575 /mo

1 Bed
1 Bath
655 ft²

11 W Prospect Avenue #303, Mount Prospect, IL, 60056 Listing by Lauren Evett

Unit for rent at 529 E Lincoln Street, Mount Prospect, IL, 60056

$2,700 /mo

3 Beds
1 Bath

529 E Lincoln Street, Mount Prospect, IL, 60056 Listing by Claudiu Popescu

Unit for rent at 384 S Wolf Road S, Des Plaines, IL, 60016

$2,900 /mo

3 Beds
1 Bath
1,137 ft²

384 S Wolf Road S, Des Plaines, IL, 60016 Listing by Brian Ramirez

Rentals Near You

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Listed by: Diana Ahlf, RE/MAX All Pro
Last Updated: 3 years ago
Data Source: MRED, MLS# 11667951

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.

720 Lance Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Des Plaines

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions