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Minooka 60447
1429 S Saddlebrook Lane
$384,000
● House - Off Market

1429 S Saddlebrook Lane

Minooka, IL 60447
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,341 Ft²
$415,960
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Beautiful home located in Westwind Subdivision! Custom home built in 2014 with 4 bedrooms, 2.5 bedrooms, full basement with bathroom rough in, and 3 car garage. Hardwood flooring throughout 1st floor. Open kitchen offers custom cabinets, granite countertops, backsplash, eat in island and table space. 24 foot pool with 6 foot fence and concrete patio perfect for entertaining. Large master bedroom with walk in closet, full bathroom with shower, separate tub, and dual vanities. Upgraded waterproofing in basement with back up sump pump. 3 additional bedrooms all good sized with ceiling fans. 2nd floor laundry. Call to schedule your private showing today!
Unit Size
2,341 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$154
Property Type
House
Property Taxes
$677
HOA Dues
$19
Year Built
2014

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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 #11100281)

Price History

Date / Event Date Event Price
Jul 20, 2021 Sold
Premium
Sold
May 25, 2021 Listed by RE/MAX Hometown Properties $359,900
Listed by RE/MAX Hometown Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,341
  • Gross Building Area: 2,341
  • Building Area: 2,341
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,341
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTWIND ESTATES
  • Land Acres: 0000000240
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: WESTWIND ESTATES PHASE 2 LT 146 SEC 13-34-8

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 000103

Geography

  • District: 01
  • Subdivision Phase Number: 2
  • Parcel: 03-13-251-005
  • Lot: 146
  • Meridian: SEC 13 TWN 34N RNG 08W
  • Municipality: AUX SABLE TOWNSHIP
  • Latitude: 41.4284
  • Longitude: -88.2576

    Address

  • Full Address: 1429 S Saddlebrook Ln
  • Address - House Number: 1429
  • Street Direction: S
  • Address - Street Name: Saddlebrook
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Minooka
  • Carrier Code: R003
  • 4-Digit Zip Code: 8939
  • Zip Code: 60447

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $974,333
  • Tax Rate Code Area: 1002

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 432,732
  • High Value: 510,362
  • Low Value: 355,102

    Market Valuation

  • Market Total Value: $364,407
  • Market Land Value: $41,448
  • Market Improvement Value: $322,959

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $121,469
  • Assessed Land Value: $13,816
  • Assessed Improvements Value: $107,653

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 605701
  • Previous Sale Recording Date: May 20, 2014
  • Previous Sale Contract Date: May 14, 2014
  • Previous Sale Amount: $29,000
  • Previous Sale Document Type: 40
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 Minooka

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2191 ft²

Average Home Age

27 years

Currently For Sale

28 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 144 Zapata Lane, Minooka, IL, 60447

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,232 ft²
144 Zapata Lane, Minooka, IL, 60447 Listing by Vytautas Sruoga

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Julie McElyea, RE/MAX Hometown Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11100281
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 1429 South Saddlebrook Lane built and last sold?
The property at 1429 South Saddlebrook Lane was built in 2014 and last sold on Jul 15, 2021 for $384,000.
How much is this home worth?
The estimated value of the home located at 1429 South Saddlebrook Lane is $365,870.
What are some comparable homes to 1429 South Saddlebrook Lane?
There are currently no comparable homes to 1429 South Saddlebrook Lane.
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