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Minooka 60447
1523 Marigold Lane
$349,500
● House - Off Market

1523 Marigold Lane

Minooka, IL 60447
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,222 Ft²
$357,655
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Beautifully kept home with modern updates throughout. The home is surrounded by mature landscaping which gives this home wonderful curb appeal. The home has newer siding, roof and gutters (2016). This four bedroom, two and a half bath home has been updated with modern flooring and color scheme. Located in a highly sought after neighborhood and school district. Lakewood Trails residents have clubhouse access for party rentals. Enjoy the clubhouse pool, tennis court, volleyball, playgrounds, walking paths and trails. You won't have to look far for shopping centers, restaurants and convenient highway access.
Unit Size
2,222 Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
House
Property Taxes
$506
HOA Dues
$37
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11793655)

Price History

Date / Event Date Event Price
Sep 1, 2023 Sold
Premium
Sold
May 27, 2023 Listed by HomeSmart Realty Group $359,900
Listed by HomeSmart Realty Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 9,148
  • Total Building Area: 2,222
  • Gross Building Area: 2,222
  • Building Area: 2,222
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,222
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD TRAILS
  • Land Acres: 0000000210
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LAKEWOOD TRAILS UNIT 1 LT 104 SEC 13-34-8

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 000102

Geography

  • District: 01
  • Parcel: 03-13-129-017
  • Lot: 104
  • Meridian: SEC 13 TWN 34N RNG 08W
  • Municipality: AUX SABLE TOWNSHIP
  • Latitude: 41.4314
  • Longitude: -88.2638

    Address

  • Full Address: 1523 Marigold Ln
  • Legal Unit: 1
  • Address - House Number: 1523
  • Address - Street Name: Marigold
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Minooka
  • Carrier Code: R006
  • 4-Digit Zip Code: 8230
  • Zip Code: 60447

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $682,408
  • Tax Rate Code Area: 1002

    Appraisal Valuation

  • Standard Deviation: 0.1097
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 88
  • Final Value: 398,960
  • High Value: 442,764
  • Low Value: 355,155

    Market Valuation

  • Market Total Value: $255,225
  • Market Land Value: $28,119
  • Market Improvement Value: $227,106

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,075
  • Assessed Land Value: $9,373
  • Assessed Improvements Value: $75,702

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 01, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 621592
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:

$372,450

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2285 ft²

Average Home Age

27.7 years

Currently For Sale

33 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: Joanna Kafara, HomeSmart Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11793655
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 1523 Marigold Lane built and last sold?
The property at 1523 Marigold Lane was built in 2003 and last sold on Sep 1, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 1523 Marigold Lane is $0.
What are some comparable homes to 1523 Marigold Lane?
There are currently no comparable homes to 1523 Marigold Lane.
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