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Plainfield 60586
16453 Timberview Drive
$420,000
● House - Off Market

16453 Timberview Drive

Plainfield, IL 60586
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$2,850
Est. Monthly
7.92%
Cap Rate

About This Property

You won't want to miss this updated beautiful 4 bedroom, 2 1/2 bathroom home in Winding Creek subdivision just a couple of minutes from I-55 and Rte 30. All the conveniences of shopping and restaurants nearby, but it feels like the country once you are home. So many recent upgrades in 2024: Whole House Generator, Roof, Freshly painted, Washer & Dryer, Stove, Storm Door, Retractable Awning, Amazing Shed/Barn for additional outdoor living or storage, Air Scrubber on the Furnace, PLUS 200 amp service. Primary bath has separate shower from large soaking tub. Amazing backyard for additional living space with its huge deck and maintenance free fenced in yard for privacy and protection for children and pets. Book your showing today!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
$753
HOA Dues
-
Year Built
1999

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 284
  • Garage Type: 1
  • Garage Square Area: 111
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,395
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 770
  • Total Building Area: 2,023
  • Building Area: 2,023
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,023
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINDING CREEK UNIT EIGHT
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 98 IN WINDING CREEK SUB UNIT 8, A SUB PRT OF THE SW1/4 OF SEC 23, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880417

Geography

  • Parcel: 06-03-23-303-010
  • Lot: 98
  • Meridian: SEC 23 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5839
  • Longitude: -88.1745

    Address

  • Full Address: 16453 Timberview Dr
  • Legal Unit: 8
  • Address - House Number: 16453
  • Address - Street Name: Timberview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R010
  • 4-Digit Zip Code: 9657
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $811,284
  • Tax Rate Code Area: 0602

    Appraisal Valuation

  • Standard Deviation: 0.0865
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 93
  • Final Value: 371,522
  • High Value: 403,685
  • Low Value: 339,359

    Market Valuation

  • Market Total Value: $317,835
  • Market Land Value: $70,629
  • Market Improvement Value: $247,206

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,945
  • Assessed Land Value: $23,543
  • Assessed Improvements Value: $82,402

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 76919
  • Previous Sale Recording Date: Oct 16, 2014
  • Previous Sale Contract Date: Sep 26, 2014
  • Previous Sale Amount: $217,500
  • 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 Plainfield

Stats & Trends

Median Asking:

$514,798

Sale Price/ft²

$213

Above Asking

0.00%

Average Days on Market

51

Average Home Size

2700 ft²

Average Home Age

11.8 years

Currently For Sale

206 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 16434 Club Court, Crest Hill, IL, 60403

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,675 ft²
16434 Club Court, Crest Hill, IL, 60403 Listing by Mike McCatty

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Theresa Lemmer, RE/MAX Suburban
Data Source: MRED, MLS# MRD12466655
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 16453 Timberview Drive built and last sold?
The property at 16453 Timberview Drive was built in 1999 and last sold on Aug 26, 2022 for $360,000.
How much is this home worth?
The estimated value of the home located at 16453 Timberview Drive is $0.
What are some comparable homes to 16453 Timberview Drive?
There are currently no comparable homes to 16453 Timberview Drive.
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