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Glen Ellyn 60137
724 MEREDITH Place
$1,200,000
● House - Off Market

724 MEREDITH Place

Glen Ellyn, IL 60137
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,368 Ft²
$1,226,679
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Craftsman style beauty that has been meticulously maintained and updated.  From the covered front porch with sofa swing to the screened in 3 season room off the kitchen (heat & A/C), this home offers amazing outdoor spaces for your enjoyment and entertaining needs.  Beautiful white kitchen with Subzero, Viking and new natural stone  countertops.  Plantation shutters, wired for sound, hardwood floors, walk in closets, and high end finishes adorn this picturesque setting.  Lower level English basement has great natural light, wet bar, theater area, work out room, guest bedroom, area for gaming, full bath and Covid work space under the stairs.  Separate garage has great attic storage while being spacious.  Private drive for extra parking
Unit Size
5,368 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$223
Property Type
House
Property Taxes
$2,097
HOA Dues
-
Year Built
2006

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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 #11443677)

Price History

Date / Event Date Event Price
Jul 29, 2022 Sold
Premium
Sold
Jun 22, 2022 Listed by @properties Christie's International Real Estate $1,199,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,800
  • Garage Type: 4
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 147
  • Lot Size Frontage Feet: 60
  • Total Building Area: 5,368
  • Gross Building Area: 5,368
  • Building Area: 5,368
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 5,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEREDITHS ADD TO GL ELLYN
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: MEREDITHS ADD TO GL ELLYN

Neighborhood

  • School District Name: Glen Ellyn School District 41
  • School Tax School District: GLEN ELLYN
  • Census Tract: 842000

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3025-C3
  • Parcel: 05-02-421-015
  • Lot: 11
  • Municipality: MILTON
  • Latitude: 41.8892
  • Longitude: -88.057

    Address

  • Full Address: 724 Meredith Pl
  • Address - House Number: 724
  • Address - Street Name: Meredith
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Glen Ellyn
  • Carrier Code: C083
  • 4-Digit Zip Code: 3919
  • Zip Code: 60137

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,615,240
  • Tax Rate Code Area: 5036

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 1,179,490
  • High Value: 1,379,579
  • Low Value: 979,400

    Market Valuation

  • Market Total Value: $1,065,870
  • Market Land Value: $134,430
  • Market Improvement Value: $931,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $355,290
  • Assessed Land Value: $44,810
  • Assessed Improvements Value: $310,480

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 76823
  • Previous Sale Recording Date: Feb 09, 2011
  • Previous Sale Contract Date: Jan 21, 2011
  • Previous Sale Amount: $833,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Glen Ellyn

Stats & Trends

Median Asking:

$559,000

Sale Price/ft²

$306

Below Asking

0.01%

Average Days on Market

39

Average Home Size

2378 ft²

Average Home Age

50.1 years

Currently For Sale

46 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 361 Bryant Avenue, Glen Ellyn, IL, 60137

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,737 ft²
361 Bryant Avenue, Glen Ellyn, IL, 60137 Listing by David Gust
Unit for rent at 354 Indian Drive, Glen Ellyn, IL, 60137

$3,999 /mo

  • 4 Beds
  • 2 Baths
  • 2,544 ft²
354 Indian Drive, Glen Ellyn, IL, 60137 Listing by Lana Erickson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dana Gerstenschlager, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11443677
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 724 Meredith Place built and last sold?
The property at 724 Meredith Place was built in 2006 and last sold on Jul 29, 2022 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 724 Meredith Place is $0.
What are some comparable homes to 724 Meredith Place?
There are currently no comparable homes to 724 Meredith Place.
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