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Plainfield 60585
12907 Meadow Lane
$445,000
● House - Off Market

12907 Meadow Lane

Plainfield, IL 60585
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,800 Ft²
$447,380
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Great 2 story spacious home .Offers 4 bedrooms,3 1/2 baths.. Soaring 2 story entry foyer w/center hall oak staircase.. Open floor plan allows for lots of comfortable & entertaining space.. Kitchen w/ maple cabinets, center island breakfast bar & eat-in area.. Wood burning/ gas fireplace in family room.. 1st floor Den/Office & laundry room.. Beautiful hardwood flooring throughout majority of the 1st floor.. Large master suite w/ WIC, double sinks, separate shower & tub.. Full partially finished basement w/5th bedroom, full bath, bonus & storage room..  brick paved patio & large yard..  3 car tandem garage...
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$161
Property Type
House
Property Taxes
$720
HOA Dues
$15
Year Built
2004

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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 #11790269)

Price History

Date / Event Date Event Price
Aug 30, 2023 Sold
Premium
Sold
May 23, 2023 Listed by Kale Realty $449,900
Listed by Kale Realty
Oct 6, 2021 No longer available -
No longer available
Jun 16, 2020 In contract -
In contract
Jun 10, 2020 Price Decreased $328,000
↓ $4K (1.2%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,534
  • Garage Type: 7
  • Garage Square Area: 700
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,909
  • Total Building Area: 4,334
  • Building Area: 2,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TUTTLE ESTATES UNIT ONE
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 79 IN TUTTLE ESTATES UNIT 1, BEING A SUB OF PRT OF THE NW 1/4 OF SEC 32, T37N R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880314

Geography

  • Parcel: 07-01-32-109-007
  • Lot: 79
  • Meridian: SEC 32 TWN 37N RNG 09E
  • Municipality: WHEATLAND
  • Latitude: 41.6471
  • Longitude: -88.2339

    Address

  • Full Address: 12907 Meadow Ln
  • Legal Unit: 1
  • Address - House Number: 12907
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R051
  • 4-Digit Zip Code: 1790
  • Zip Code: 60585

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $897,446
  • Tax Rate Code Area: 0719

    Appraisal Valuation

  • Standard Deviation: 0.0877
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 92
  • Final Value: 442,118
  • High Value: 480,919
  • Low Value: 403,316

    Market Valuation

  • Market Total Value: $353,946
  • Market Land Value: $91,383
  • Market Improvement Value: $262,563

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,982
  • Assessed Land Value: $30,461
  • Assessed Improvements Value: $87,521

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2023
  • Current Sale Recording Date: Sep 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 46383
  • Previous Sale Recording Date: Sep 25, 2020
  • Previous Sale Contract Date: Jul 27, 2020
  • Previous Sale Amount: $315,000
  • 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 Plainfield

Stats & Trends

Median Asking:

$514,900

Sale Price/ft²

$212

Above Asking

0.00%

Average Days on Market

51

Average Home Size

2698 ft²

Average Home Age

12.1 years

Currently For Sale

203 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 12806 S Nicholas Drive, Plainfield, IL, 60585

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,020 ft²
12806 S Nicholas Drive, Plainfield, IL, 60585 Listing by Simmi Malhotra
Unit for rent at 24963 Heritage Oaks Drive, Plainfield, IL, 60585

$3,450 /mo

  • 4 Beds
  • 2 Baths
  • 3,100 ft²
24963 Heritage Oaks Drive, Plainfield, IL, 60585 Listing by Nader Shahat

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: QianKun Chen, Kale Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11790269
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 12907 Meadow Lane built and last sold?
The property at 12907 Meadow Lane was built in 2004 and last sold on Aug 24, 2023 for $445,000.
How much is this home worth?
The estimated value of the home located at 12907 Meadow Lane is $0.
What are some comparable homes to 12907 Meadow Lane?
There are currently no comparable homes to 12907 Meadow Lane.
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