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Will 60544
13848 S Petoskey Drive
$302,000
● House - Off Market

13848 S Petoskey Drive

Plainfield, IL 60544
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,476 Ft²
$299,731
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Great opportunity to own in Lakewood Falls! Amazing value! This home features 3 bedrooms, 2.1 bath including a master suite with private bath and walk-in closet. Huge fully fenced in yard, with large deck - recently painted and ready for summer entertaining. Convenient second floor laundry.  Home is in excellent condition. Roof replaced in 2011. New furnace and Air Conditioner in 2017.  District 202 Plainfield Schools! Fantastic location! Close to everything - HWY, Schools, DT Plainfield, Shopping and more. Low taxes and HOA.
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$196
Property Type
House
Property Taxes
$442
HOA Dues
$68
Year Built
1996

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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 #11428203)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jun 8, 2022 Listed by Keller Williams Infinity $289,900
Listed by Keller Williams Infinity

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,842
  • Total Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,476
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD FALLS UNIT 2 POD 20
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 822 IN LAKEWOOD FALLS UNIT 2, POD 20, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 PRT OF THE E1/2 OF THE SW1/4 OF SEC. 1

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880408

Geography

  • Parcel: 06-03-01-102-025
  • Lot: 822
  • Meridian: SEC 01 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.6314
  • Longitude: -88.157

    Address

  • Full Address: 13848 S Petoskey Dr
  • Legal Unit: 2
  • Address - House Number: 13848
  • Street Direction: S
  • Address - Street Name: Petoskey
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R013
  • 4-Digit Zip Code: 7083
  • Zip Code: 60544

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $561,852
  • Tax Rate Code Area: 0621

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 309,414
  • High Value: 358,049
  • Low Value: 260,778

    Market Valuation

  • Market Total Value: $232,188
  • Market Land Value: $55,191
  • Market Improvement Value: $176,997

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,396
  • Assessed Land Value: $18,397
  • Assessed Improvements Value: $58,999

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 68580
  • Previous Sale Recording Date: Oct 08, 2002
  • Previous Sale Contract Date: Aug 27, 2002
  • Previous Sale Amount: $165,000
  • 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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2370 ft²

Average Home Age

33.4 years

Currently For Sale

1506 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 1705 Ramsey Drive, Romeoville, IL, 60446

$2,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,668 ft²
1705 Ramsey Drive #1, Romeoville, IL, 60446 Listing by Nader Shahat

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jody Sholeen, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11428203
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 13848 South Petoskey Drive built and last sold?
The property at 13848 South Petoskey Drive was built in 1996 and last sold on Aug 24, 2022 for $302,000.
How much is this home worth?
The estimated value of the home located at 13848 South Petoskey Drive is $0.
What are some comparable homes to 13848 South Petoskey Drive?
There are currently no comparable homes to 13848 South Petoskey Drive.
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