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Joliet 60431
1321 Gilray Drive
$214,900
● House - Off Market

1321 Gilray Drive

JOLIET, IL 60431
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,944 Ft²
$342,691
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

NOTHING TO DO BUT MOVE IN TO THIS BEAUTIFUL 3 BED 2 BATH AND 3 1/2 CAR GARAGE QUAD LEVEL HOME. WALKING THROUGH THE FRONT DOOR YOU WILL BE GREETED WITH WOOD FLOORS AND HIGH CEILINGS LEADING FROM THE SPACIOUS LIVING ROOM INTO THE IMMACULATE KITCHEN BOASTING GRANITE AND NEWER STAINLESS STEEL APPLIANCES.AS YOU ENJOY YOUR MEALS YOU ARE ABLE TO LOOK OVER YOUR HUGE LOWER LEVEL FAMILY ROOM OR OUT TO THE BEAUTIFUL FULLY FENCED YARD WITH NEW DECK. UPSTAIRS YOU WILL FIND 3 GENEROUS BEDROOMS FOR YOU AND YOUR FAMILY. GARAGE IS HEATED BY NATURAL GAS AND HAS A 22O LINE HOOKED UP. IF MORE ROOM IS NEEDED THE SUB BASEMENT IS UNFINISHED AND WAITING FOR YOUR FINISHING TOUCHES THIS HOME HAS TOO MANY UPDATES AND UPGRADES TO LIST THAT YOU WONT FIND EVERYWHERE. GREAT HOME FOR A GREAT PRICE!!!
Unit Size
1,944 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$111
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
2004

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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 #09678367)

Price History

Date / Event Date Event Price
Aug 11, 2017 Sold
Premium
Sold
Jul 29, 2017 Listed $214,900
Listed
The manager has listed the unit size as 1944 square feet.
Jul 3, 2017 Listed by Coldwell Banker The Real Estate Group $214,900
Listed by Coldwell Banker The Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 494
  • Garage Type: 1
  • Garage Square Area: 900
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,295
  • Total Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUMBERLAND SOUTH UNIT 3
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 207 IN CUMBERLAND SOUTH UNIT THREE, BEING A SUB OF PRT OF THE NW FRACT'L 1/4 OF SEC. 6, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883218

Geography

  • Parcel: 05-06-06-109-006
  • Lot: 207
  • Meridian: SEC 06 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5459
  • Longitude: -88.2522

    Address

  • Full Address: 1321 Gilray Dr
  • Legal Unit: 3
  • Address - House Number: 1321
  • Address - Street Name: Gilray
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: R018
  • 4-Digit Zip Code: 6070
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 314,747
  • High Value: 364,266
  • Low Value: 265,228

    Market Valuation

  • Market Total Value: $237,729
  • Market Land Value: $40,728
  • Market Improvement Value: $197,001

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,243
  • Assessed Land Value: $13,576
  • Assessed Improvements Value: $65,667

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2017
  • Current Sale Recording Date: Aug 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017066580
  • Previous Sale Recording Date: Jul 07, 2004
  • Previous Sale Contract Date: Jun 24, 2004
  • Previous Sale Amount: $184,000
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1865 ft²

Average Home Age

41.6 years

Currently For Sale

257 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 7705 Nightshade Lane, Joliet, IL, 60431

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
7705 Nightshade Lane, Joliet, IL, 60431 Listing by Liz Ruiz
Unit for rent at 7805 Mossheather Drive, Joliet, IL, 60431

$2,800 /mo

  • 3 Beds
  • 3 Baths
  • 1,632 ft²
7805 Mossheather Drive, Joliet, IL, 60431 Listing by Kate Drury

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker The Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09678367
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 1321 Gilray Drive built and last sold?
The property at 1321 Gilray Drive was built in 2004 and last sold on Aug 1, 2017 for $214,900.
How much is this home worth?
The estimated value of the home located at 1321 Gilray Drive is $0.
What are some comparable homes to 1321 Gilray Drive?
There are currently no comparable homes to 1321 Gilray Drive.
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