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Orland Park 60462
14210 Michael Drive
$325,000
● House - Off Market

14210 Michael Drive

Orland Park, IL 60462
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,492 Ft²
$405,050
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Beautiful Home on quiet street ,In the Heart of Orland Park Tri level with a basement  large stone fireplace  home needs some updating ,But has great bones easy to show on lock box call John
Unit Size
1,492 Ft²
Days on Market
-
Land Size
-
Price per sqft
$241
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1972

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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 #11230952)

Price History

Date / Event Date Event Price
Oct 22, 2021 Sold
Premium
Sold
Sep 27, 2021 Listed by Better Homes & Garden Real Estate $359,900
Listed by Better Homes & Garden Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • 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: 10,000
  • Total Building Area: 1,492
  • Gross Building Area: 1,492
  • Building Area: 1,492
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,492
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLEARVIEW ESTATES UNIT1
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (CLEARVIEW) ESTATES (UNIT1) SUB OF PT SE SEC 03-36-12

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824105

Geography

  • District: 28
  • Parcel: 27-03-402-013-0000
  • Lot: 15
  • Meridian: SEC 03 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.6322
  • Longitude: -87.8408

    Address

  • Full Address: 14210 Michael Dr
  • Legal Unit: 1
  • Address - House Number: 14210
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Orland Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 2228
  • Zip Code: 60462

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $593,305
  • Tax Rate Code Area: 28011

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 373,702
  • High Value: 458,163
  • Low Value: 289,240

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $55,000
  • Market Improvement Value: $295,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $29,500

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2130701036
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 Orland Park

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2374 ft²

Average Home Age

36.8 years

Currently For Sale

140 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 9840 El Cameno Lane, Orland Park, IL, 60462

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
9840 El Cameno Lane #1S, Orland Park, IL, 60462 Listing by Joseph Lozano

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Valentino, Better Homes & Garden Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11230952
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 14210 Michael Drive built and last sold?
The property at 14210 Michael Drive was built in 1972 and last sold on Oct 21, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 14210 Michael Drive is $362,076.
What are some comparable homes to 14210 Michael Drive?
There are currently no comparable homes to 14210 Michael Drive.
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