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Midlothian 60445
14418 TRIPP Avenue
$119,900
● House - Off Market

14418 TRIPP Avenue

MIDLOTHIAN, IL 60445
bedrooms
3 Beds
bathrooms
1 Bath
$197,567
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

YOU'LL FIND LOADS OF POTENTIAL IN THIS NICE 3 BEDROOM, 1 BATH CALIFORNIA STYLE SPLIT LEVEL HOME. MAIN FLOOR HAS A BEDROOM. ALSO INCLUDES A  2 1/2 CAR GARAGE.FRESHLY PAINTED,  REMODELED KITCHEN AND BATH, NEWER HOT WATER HEATER,  AND FURNACE IS ONLY 3 YEARS OLD.  SUMP PUMP HAS BATTERY BACK UP INSIDE PANTRY IN KITCHEN.   ESTATE SALE AND SOLD AS IS CONDITION. TAXES DO NOT REFLECT ANY EXEMPTIONS.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1965

Payment Calculator

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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 #09483388)

Price History

Date / Event Date Event Price
Mar 31, 2017 Sold
Premium
Sold
Jan 23, 2017 Listed by Harthside Realtors, Inc. $119,900
Listed by Harthside Realtors, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,700
  • Total Building Area: 832
  • Gross Building Area: 832
  • Building Area: 832
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 832
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MANUS MIDLOTHIAN
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (MANUS) (MIDLOTHIAN) PARK SUB OF NE SEC 10-36-13

Neighborhood

  • School District Name: Midlothian School District 143
  • Census Tract: 824701

Geography

  • District: 13
  • Parcel: 28-10-210-016-0000
  • Block: 11
  • Lot: 4
  • Meridian: SEC 10 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6304
  • Longitude: -87.7243

    Address

  • Full Address: 14418 Tripp Ave
  • Address - House Number: 14418
  • Address - Street Name: Tripp
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C004
  • 4-Digit Zip Code: 2666
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $495,615
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 209,816
  • High Value: 264,570
  • Low Value: 155,062

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $26,800
  • Market Improvement Value: $143,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $2,680
  • Assessed Improvements Value: $14,320

    Sales

  • Current Sale Contract Date: Mar 09, 2017
  • Current Sale Recording Date: Apr 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 1709708041
  • Previous Sale Recording Date: Apr 13, 1994
  • Previous Sale Contract Date: Mar 21, 1994
  • Previous Sale Amount: $8,666
  • Previous Sale Document Type: 41

    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 Midlothian

Stats & Trends

Median Asking:

$255,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1235 ft²

Average Home Age

70.3 years

Currently For Sale

26 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 13615 Lamon Avenue, Crestwood, IL, 60418

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
13615 Lamon Avenue #510, Crestwood, IL, 60418 Listing by Halina Pociask

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Harthside Realtors, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09483388
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 14418 Tripp Avenue built and last sold?
The property at 14418 Tripp Avenue was built in 1965 and last sold on Mar 9, 2017 for $119,900.
How much is this home worth?
The estimated value of the home located at 14418 Tripp Avenue is $0.
What are some comparable homes to 14418 Tripp Avenue?
There are currently no comparable homes to 14418 Tripp Avenue.
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