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Oak Forest 60452
14808 Ridgewood Drive
$349,900
● House - Off Market

14808 Ridgewood Drive

Oak Forest, IL 60452
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,753 Ft²
$360,315
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Beautiful 4 bedroom - 2.5 bath home. The home is full of great upgrades, with an updated kitchen (2013) with granite countertops, Maple cabinets, glass tile backsplash, stainless steel appliances and large butcher block working island. Newer flooring (2021) throughout the main level with newer carpet as well. All baths have been updated including the primary master bath for a perfect retreat off the large primary master bedroom. Two story family room with an updated tiling for the gas fireplace and a great view of your private wooded lot. In the summer months sit outside with family and friends for barbecues or just a relaxing quiet evening. New siding and gutters in 2015. Additional insulation added in the attic.  New A/C unit. Home has been freshly painted. Hurry this will not last long!
Unit Size
1,753 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$200
Property Type
House
Property Taxes
$725
HOA Dues
-
Year Built
1985

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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 #11320718)

Price History

Date / Event Date Event Price
Mar 11, 2022 Sold
Premium
Sold
Feb 9, 2022 Listed by Redfin Corporation $349,900
Listed by Redfin Corporation

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,920
  • Total Building Area: 1,753
  • Gross Building Area: 1,753
  • Building Area: 1,753
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,753
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEECHEN & DILLS RIDGEWOOD
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (BEECHEN) & (DILLS) (RIDGEWOOD) ESTATES SUB OF WH OF SW SEC 08-36-13

Neighborhood

  • School District Name: Forest Ridge School District 142
  • Census Tract: 824509

Geography

  • District: 13
  • Parcel: 28-08-302-008-0000
  • Lot: 42
  • Meridian: SEC 08 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6228
  • Longitude: -87.776

    Address

  • Full Address: 14808 Ridgewood Dr
  • Address - House Number: 14808
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C018
  • 4-Digit Zip Code: 1755
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $913,834
  • Tax Rate Code Area: 13067

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 377,081
  • High Value: 463,683
  • Low Value: 290,480

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $64,670
  • Market Improvement Value: $245,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $6,467
  • Assessed Improvements Value: $24,533

    Sales

  • Current Sale Contract Date: Mar 10, 2022
  • Current Sale Recording Date: Mar 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2207641000
  • Previous Sale Recording Date: Jan 12, 2012
  • Previous Sale Contract Date: Jan 03, 2012
  • Previous Sale Amount: $260,000
  • 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 Oak Forest

Stats & Trends

Median Asking:

$320,000

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1525 ft²

Average Home Age

47.7 years

Currently For Sale

40 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 6408 Nature Drive, Oak Forest, IL, 60452

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
6408 Nature Drive #3W, Oak Forest, IL, 60452 Listing by Barbara Moniuszko

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Litrenta, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 11320718
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 14808 Ridgewood Drive built and last sold?
The property at 14808 Ridgewood Drive was built in 1985 and last sold on Mar 10, 2022 for $350,000.
How much is this home worth?
The estimated value of the home located at 14808 Ridgewood Drive is $0.
What are some comparable homes to 14808 Ridgewood Drive?
There are currently no comparable homes to 14808 Ridgewood Drive.
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