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Wauconda 60084 Saddlewood
771 Lipizzan Lane
$274,500
● House - Off Market

771 Lipizzan Lane

WAUCONDA, IL 60084
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,264 Ft²
$446,343
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

PREMIER NEIGHBORHOOD! ENJOY THE PRIVACY & SECURITY OF THIS BEAUTIFUL 4 BEDROOM/3.1 BATH HOME ON A CUL-DE-SAC! NEW WINDOWS! NEW ROOF! HARDWOOD FLOOR, GRANITE COUNTERS, & STAINLESS STEEL APPLIANCES! WELL-MAINTAINED & MOVE-IN READY! FULL FINISHED BASEMENT! 2ND LARGEST LOT IN SUBDIVISION! FENCED YARD TO KEEP KIDS & PETS SAFE.  PACK YOUR BAGS & MOVE IN BEFORE SUMMER!
Unit Size
2,264 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$124
Property Type
House
Property Taxes
$867
HOA Dues
$13
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MRED MLS #09658533)

Price History

Date / Event Date Event Price
Aug 28, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by Century 21 Affiliated $279,900
Listed by Century 21 Affiliated

Property Highlights

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
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,168
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,291
  • Total Building Area: 3,864
  • Gross Building Area: 3,864
  • Building Area: 2,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,276
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SADDLEWOOD SUB
  • Land Acres: 0000000374
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: SADDLEWOOD SUB; LOT 33

Neighborhood

  • School District Name: Wauconda Community Unit School District 118
  • Census Tract: 864204

Geography

  • Assessors Map Reference: 2643-C3
  • District: WAUCONDA
  • Parcel: 09-34-202-034
  • Lot: 33
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.2492
  • Longitude: -88.1602

    Address

  • Full Address: 771 Lipizzan Ln
  • Address - House Number: 771
  • Address - Street Name: Lipizzan
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wauconda
  • Carrier Code: R001
  • 4-Digit Zip Code: 2387
  • Zip Code: 60084

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,073,102
  • Tax Rate Code Area: 13041

    Appraisal Valuation

  • Standard Deviation: 0.2134
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 393,904
  • High Value: 477,971
  • Low Value: 309,838

    Market Valuation

  • Market Total Value: $332,496
  • Market Land Value: $79,625
  • Market Improvement Value: $252,871

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,821
  • Assessed Land Value: $26,539
  • Assessed Improvements Value: $84,282

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2017
  • Current Sale Recording Date: Aug 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7424353
  • Previous Sale Recording Date: Oct 02, 2012
  • Previous Sale Contract Date: Sep 19, 2012
  • Previous Sale Amount: $246,000
  • 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
Request mortgage information redaction

Comparables

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

About Saddlewood

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$201

Above Asking

0.00%

Average Days on Market

33

Average Home Size

2762 ft²

Average Home Age

29.3 years

Currently For Sale

0 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 584 Shoreline Road, Lake Barrington, IL, 60010

$3,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,675 ft²
584 Shoreline Road, Lake Barrington, IL, 60010 Listing by Jeffrey Taylor
Unit for rent at 2226 Lakeshore Drive, Schaumburg, IL, 60173

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,782 ft²
2226 Lakeshore Drive #2226, Schaumburg, IL, 60173 Listing by Tasneem Bahrainwala

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 09658533
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 771 Lipizzan Lane built and last sold?
The property at 771 Lipizzan Lane was built in 1996 and last sold on Aug 28, 2017 for $274,500.
How much is this home worth?
The estimated value of the home located at 771 Lipizzan Lane is $0.
What are some comparable homes to 771 Lipizzan Lane?
There are currently no comparable homes to 771 Lipizzan Lane.
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