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Matteson 60443
17 Wedgewood Road
$240,000
● House - Off Market

17 Wedgewood Road

Matteson, IL 60443
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$224,163
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

IT'S A "10" COMPLETE REHAB-QUALITY WORKMANSHIP. GRANITE COUNTER TOPS & Stanless Steel APPLIANCES, Bathroom DOUBLE BOWL SINK.KING SIZE MASTER BDR W/ FULL WALL CLOSET.HRDWD FLOORING,WDBRN FPL IN LVNGRM.ATTATCHED GARAGE W/XTRA PARKING AREA.SLIDING DOORS LEAD TO PATIO,NICE SIZED FENCED YRD. GREAT LOCATION CLOSE TO SCHOOLS,SHOPPING,FOREST PRESERVES,& I-57!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1980

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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 #11870851)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Aug 28, 2023 Listed by Paul Luxury Homes, LLC $225,000
Listed by Paul Luxury Homes, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 9,273
  • Total Building Area: 1,736
  • Gross Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODGATE GREEN UNIT5
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (WOODGATE) (GREEN) (UNIT5) SUB OF PT EH NW SEC 17-35-13

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-17-104-012-0000
  • Lot: 713
  • Meridian: SEC 17 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5272
  • Longitude: -87.7642

    Address

  • Full Address: 17 Wedgewood Rd
  • Legal Unit: 5
  • Address - House Number: 17
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Matteson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1032
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601,307
  • Tax Rate Code Area: 32022

    Appraisal Valuation

  • Standard Deviation: 0.2515
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 256,466
  • High Value: 320,972
  • Low Value: 191,961

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $37,090
  • Market Improvement Value: $152,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $3,709
  • Assessed Improvements Value: $15,291

    Sales

  • Current Sale Contract Date: Oct 14, 2023
  • Current Sale Recording Date: Nov 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13069
  • Previous Sale Recording Date: Jul 06, 2011
  • Previous Sale Contract Date: Jun 24, 2011
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 27
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 Matteson

Stats & Trends

Median Asking:

$267,000

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1635 ft²

Average Home Age

43.4 years

Currently For Sale

34 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: LeRoy Tyree, Paul Luxury Homes, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11870851
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 17 Wedgewood Road built and last sold?
The property at 17 Wedgewood Road was built in 1980 and last sold on Oct 14, 2023 for $240,000.
How much is this home worth?
The estimated value of the home located at 17 Wedgewood Road is $0.
What are some comparable homes to 17 Wedgewood Road?
There are currently no comparable homes to 17 Wedgewood Road.
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