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Oak Forest 60452
16461 Harold Street
$170,000
● House - Off Market

16461 Harold Street

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,421 Ft²
$210,557
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Well cared for and cherished family home. This brick ranch is much larger than it looks!  Hardwood flooring under carpet....tons of natural light including a sky lit living room and sliders that lead you to huge deck!   Newer Mechanicals and a wonderful location!  Minutes to I-57, Metra, Midlothian Cook County Forest Preserve, parks, shopping and dining.
Unit Size
1,421 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$140
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1962

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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 #11695466)

Price History

Date / Event Date Event Price
Jan 25, 2023 Sold
Premium
Sold
Jan 4, 2023 Listed by Re/Max Millennium $198,900
Listed by Re/Max Millennium

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,527
  • Total Building Area: 1,421
  • Gross Building Area: 1,421
  • Building Area: 1,421
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,421
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIELD CREST 02 ADD BLK 10
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: POR OF LOT 35 IN FIELD CREST SECOND ADD BLK 10 12 13 14 IN WILLOWICK E STATES PART SW4 PART SE4 OF SEC2...

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825200

Geography

  • District: 13
  • Parcel: 28-22-308-061-0000
  • Block: 10
  • Lot: 35
  • Meridian: SEC 22 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5927
  • Longitude: -87.7277

    Address

  • Full Address: 16461 Harold St
  • Address - House Number: 16461
  • Address - Street Name: Harold
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C006
  • 4-Digit Zip Code: 4203
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $310,267
  • Tax Rate Code Area: 13070

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 198,354
  • High Value: 218,409
  • Low Value: 178,299

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $29,370
  • Market Improvement Value: $150,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $2,937
  • Assessed Improvements Value: $15,063

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Jan 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 25134
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

$198

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1499 ft²

Average Home Age

46.4 years

Currently For Sale

45 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

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MRED

Listed by: Nick Pontarelli, Re/Max Millennium
Last Updated: 3 years ago
Data Source: MRED, MLS# 11695466
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 16461 Harold Street built and last sold?
The property at 16461 Harold Street was built in 1962 and last sold on Dec 22, 2022 for $170,000.
How much is this home worth?
The estimated value of the home located at 16461 Harold Street is $0.
What are some comparable homes to 16461 Harold Street?
There are currently no comparable homes to 16461 Harold Street.
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