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Joliet 60586
1708 Mountain Ridge Pass
$280,000
● House - Off Market

1708 Mountain Ridge Pass

Plainfield, IL 60586
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,010 Ft²
$323,499
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Beautiful 3 bedroom, 2.1 bath home with loft situated on a large lot conveniently located near schools and shopping. This home has new wood laminate flooring throughout the first floor, large eat-in kitchen open to family room with wood burning fireplace, master suite with private bath w/  jacuzzi and separate shower and walk-in closet, additional bedrooms are generously sized, second floor laundry, basement ready to be finished for additional living space. Must see this great buy!
Unit Size
2,010 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$139
Property Type
House
Property Taxes
$462
HOA Dues
$16
Year Built
2004

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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 #11115112)

Price History

Date / Event Date Event Price
Jul 10, 2021 Sold
Premium
Sold
Jun 8, 2021 Listed by Michele Morris Realty $279,900
Listed by Michele Morris Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,999
  • Total Building Area: 2,010
  • Building Area: 2,010
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,010
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CATON RIDGE WEST
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 859 IN CATON RIDGE WEST SUB UNIT 3, BEING A SUB OF THAT PRT OF SEC 31, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880432

Geography

  • Parcel: 06-03-31-406-030
  • Lot: 859
  • Meridian: SEC 31 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5527
  • Longitude: -88.2422

    Address

  • Full Address: 1708 Mountain Ridge Pass
  • Legal Unit: 3
  • Address - House Number: 1708
  • Address - Street Name: Mountain Ridge
  • Address - Suffix Type: Pass
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R044
  • 4-Digit Zip Code: 2637
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $616,256
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 336,387
  • High Value: 384,144
  • Low Value: 288,631

    Market Valuation

  • Market Total Value: $253,431
  • Market Land Value: $51,699
  • Market Improvement Value: $201,732

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,477
  • Assessed Land Value: $17,233
  • Assessed Improvements Value: $67,244

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021084714
  • Previous Sale Recording Date: Nov 10, 2004
  • Previous Sale Contract Date: Oct 28, 2004
  • Previous Sale Amount: $217,000
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1850 ft²

Average Home Age

43.9 years

Currently For Sale

280 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 2524 Stonybrook Drive, Plainfield, IL, 60586

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,382 ft²
2524 Stonybrook Drive, Plainfield, IL, 60586 Listing by Nader Shahat

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michele Morris, Michele Morris Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11115112
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 1708 Mountain Ridge Pass built and last sold?
The property at 1708 Mountain Ridge Pass was built in 2004 and last sold on Jul 13, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 1708 Mountain Ridge Pass is $0.
What are some comparable homes to 1708 Mountain Ridge Pass?
There are currently no comparable homes to 1708 Mountain Ridge Pass.
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