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Matteson 60443
128 Timberlane Road
$268,000
● House - Off Market

128 Timberlane Road

Matteson, IL 60443
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,250 Ft²
$1,904
Est. Monthly
7.45%
Cap Rate

About This Property

Come see this BEAUTIFUL, quad level home in the Woodgate community area of Matteson, IL. It boasts an estimated 1200 square feet of living space!! Step into an enormous living room before walking into this home's very manageable kitchen space, with an eating area directly adjacent. Have peace of mind in the finished basement with not one but TWO sump pumps!  It couldn't be easier to get upstairs to this home's 3 well sized, carpeted bedrooms or downstairs to enjoy the large family room with it's own gas fireplace, attached FULL bath, and a designated laundry room! We LOVE the condition of the hardwood floors and how well maintained the interior is. Inventory in the area is low! Catch it while it's on the market!
Unit Size
1,250 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$214
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1987

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,346
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 720
  • Total Building Area: 963
  • Gross Building Area: 963
  • Building Area: 963
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 963
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODGATE GREEN UNIT4
  • Land Acres: 0000000192
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (WOODGATE)(GREEN)(UNIT4) SUB OF PT OF EH NW & WH NE SEC 17-35-13

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-17-105-050-0000
  • Lot: 615
  • Meridian: SEC 17 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5236
  • Longitude: -87.7631

    Address

  • Full Address: 128 Timberlane Rd
  • Legal Unit: 4
  • Address - House Number: 128
  • Address - Street Name: Timberlane
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Matteson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1042
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $544,152
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 32029

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 191,931
  • High Value: 235,756
  • Low Value: 148,105

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $33,380
  • Market Improvement Value: $136,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $3,338
  • Assessed Improvements Value: $13,662

    Sales

  • Current Sale Contract Date: Nov 09, 2017
  • Current Sale Recording Date: Nov 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1732601073
  • Previous Sale Recording Date: May 06, 2014
  • Previous Sale Contract Date: Apr 14, 2014
  • Previous Sale Amount: $87,000
  • 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 Matteson

Stats & Trends

Median Asking:

$267,950

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1733 ft²

Average Home Age

44.9 years

Currently For Sale

41 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

Rentals Near You

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MRED

Listed by: Michael Scanlon, eXp Realty
Data Source: MRED, MLS# MRD12356103
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 128 Timberlane Road built and last sold?
The property at 128 Timberlane Road was built in 1987 and last sold on Nov 9, 2017 for $144,000.
How much is this home worth?
The estimated value of the home located at 128 Timberlane Road is $0.
What are some comparable homes to 128 Timberlane Road?
There are currently no comparable homes to 128 Timberlane Road.
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