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Joliet 60435
1107 Alann Drive
$239,000
● House - Off Market

1107 Alann Drive

Joliet, IL 60435
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,176 Ft²
$245,899
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Extremely well maintained Ranch Home on Joliet's West Side featuring a beautifully landscaped yard and a backyard that looks like you're on vacation all summer! There is nothing to do but drop your boxes and move in! SO MANY UPDATES- New Furnace and AC is less than a year old, Windows (2019), Water Heater (2018), all Kitchen Appliances (2017), brand new Kitchen Countertop and Stainless Steel Sink (2022), Carpet (2020), and BRAND NEW Siding and Roof! The basement has a bar and area, perfect for entertaining. The basement has a toilet & sink, and also has hot & cold water lines for a shower if you'd like to make it a full bath. Minutes from Schools, Shopping, Restaurants, and Expressways.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1953

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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 #11617559)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Aug 30, 2022 Listed by RE/MAX Ultimate Professionals $235,000
Listed by RE/MAX Ultimate Professionals

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,280
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,176
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIT 1 OF KRINGS ACRES
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 81 IN KRINGS ACRES UNIT 1, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC. 6, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881500

Geography

  • Parcel: 30-07-06-403-019
  • Lot: 81
  • Meridian: SEC 06 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5429
  • Longitude: -88.1225

    Address

  • Full Address: 1107 Alann Dr
  • Legal Unit: 1
  • Address - House Number: 1107
  • Address - Street Name: Alann
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C102
  • 4-Digit Zip Code: 3826
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $455,430
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 204,028
  • High Value: 232,994
  • Low Value: 175,063

    Market Valuation

  • Market Total Value: $165,945
  • Market Land Value: $41,325
  • Market Improvement Value: $124,620

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,315
  • Assessed Land Value: $13,775
  • Assessed Improvements Value: $41,540

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 79831
  • Previous Sale Recording Date: May 17, 2004
  • Previous Sale Contract Date: May 12, 2004
  • Previous Sale Amount: $134,000
  • Previous Sale Document Type: 71
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 Joliet

Stats & Trends

Median Asking:

$342,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1847 ft²

Average Home Age

42.6 years

Currently For Sale

266 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 117 S William Street, Joliet, IL, 60436

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,296 ft²
117 S William Street, Joliet, IL, 60436 Listing by Janet Willison
Unit for rent at 2338 Carnation Drive, Crest Hill, IL, 60403

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 924 ft²
2338 Carnation Drive #1, Crest Hill, IL, 60403 Listing by Jacqueline Dix

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Matthew Sebby, RE/MAX Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 11617559
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 1107 Alann Drive built and last sold?
The property at 1107 Alann Drive was built in 1953 and last sold on Oct 31, 2022 for $239,000.
How much is this home worth?
The estimated value of the home located at 1107 Alann Drive is $236,245.
What are some comparable homes to 1107 Alann Drive?
There are currently no comparable homes to 1107 Alann Drive.
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