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Will 60433
1103 Kinmonth Drive
$215,000
● House - Off Market

1103 Kinmonth Drive

Joliet, IL 60433
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,424 Ft²
$238,699
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Welcome home to this freshly updated ranch home.  Enjoy your morning cup of coffee in your light bright kitchen with white cabinets, granite counters, vaulted ceilings, and a skylight! Enjoy your evenings in your private, fenced in yard on the patio or at the firepit with friends. Fireplace in generously sized flex room could be the 4th bedroom.  Newer furnace, air, hot water heater and windows! Roof, siding, soffit, and fascia replaced! New 2 car garage! Large private yard with patio. This sprawling home has all new flooring, trim, doors and light fixtures! Both bathrooms have been updated. Low taxes!  Come see this home before it is gone.
Unit Size
1,424 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$158
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1964

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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: 2 years ago (MRED MLS #11650880)

Price History

Date / Event Date Event Price
Dec 6, 2022 Sold
Premium
Sold
Oct 20, 2022 Listed by eXp Realty, LLC $225,000
Listed by eXp Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,424
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,896
  • Lot Size Frontage Feet: 930
  • Total Building Area: 2,848
  • Building Area: 1,424
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,424
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIT #3 SPRING GREEN
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 13 UNIT 3 IN SPRING GREEN SUB, BEING A SUB OF PRT OF THE SW1/4 OF THE NE1/4 OF SEC 24 T35N-R10E.

Neighborhood

  • School District Name: Union School District 81
  • Census Tract: 883000

Geography

  • Parcel: 30-07-24-203-015
  • Lot: 13
  • Meridian: SEC 24 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5049
  • Longitude: -88.029

    Address

  • Full Address: 1103 Kinmonth Dr
  • Legal Unit: 3
  • Address - House Number: 1103
  • Address - Street Name: Kinmonth
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: R010
  • 4-Digit Zip Code: 8528
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $481,586
  • Tax Rate Code Area: 3056

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 212,394
  • High Value: 249,126
  • Low Value: 175,662

    Market Valuation

  • Market Total Value: $171,285
  • Market Land Value: $23,433
  • Market Improvement Value: $147,852

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,095
  • Assessed Land Value: $7,811
  • Assessed Improvements Value: $49,284

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 85844
  • Previous Sale Recording Date: Apr 13, 2021
  • Previous Sale Contract Date: Apr 02, 2021
  • Previous Sale Document Type: 40
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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2364 ft²

Average Home Age

33.3 years

Currently For Sale

1558 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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MRED

Listed by: Lana Erickson, eXp Realty, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 11650880
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 1103 Kinmonth Drive built and last sold?
The property at 1103 Kinmonth Drive was built in 1964 and last sold on Dec 6, 2022 for $215,000.
How much is this home worth?
The estimated value of the home located at 1103 Kinmonth Drive is $0.
What are some comparable homes to 1103 Kinmonth Drive?
There are currently no comparable homes to 1103 Kinmonth Drive.
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