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Will 60433
1709 Pinewood Lane
$120,000
● House - Off Market

1709 Pinewood Lane

JOLIET, IL 60433
bedrooms
3 Beds
bathrooms
2 Baths
$199,075
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

THIS AMAZING ALL BRICK RANCH WITH 21/2 CAR GARAGE. LARGE KITCHEN,LIVING ROOM AND FAMILY ROOM WITH ENOUGH ROOM FOR ALL. THERE WAS A NEW ROOF IN 2015 AND REPAVED DRIVEWAY. THE WINDOWS HAVE ALL BEEN REPLACED AND THE FURNACE WAS INSTALLED IN 2001 WITH UPDATED BREAKERS.OVERSIZED BACKYARD FOR SUMMERTIME FUN WITH A SMALL CREEK THAT FLOWS THROUGH.THIS HOME IS IN MOVE IN CONDITION BUT NEEDS YOUR PERSONAL TOUCH. HOME WARRANTY IS INCLUDED AND HOME IS SOLD AS IS.
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$81
HOA Dues
-
Year Built
1961

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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 #09612049)

Price History

Date / Event Date Event Price
Jun 9, 2017 Sold
Premium
Sold
May 1, 2017 Listed by Century 21 Circle $124,000
Listed by Century 21 Circle

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,344
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,325
  • Total Building Area: 2,688
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENTREE SUB
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 16 IN GREENTREE SUB UNIT 1, BEING A SUB OF PRT OF THE N1/2 OF THE SW1/4 OF SEC. 25, T35N-R10E

Neighborhood

  • School District Name: Union School District 81
  • Census Tract: 883100

Geography

  • Parcel: 30-07-25-302-007
  • Lot: 16
  • Meridian: SEC 25 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.4869
  • Longitude: -88.0387

    Address

  • Full Address: 1709 Pinewood Ln
  • Legal Unit: 1
  • Address - House Number: 1709
  • Address - Street Name: Pinewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Joliet
  • Carrier Code: R004
  • 4-Digit Zip Code: 9630
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $387,572
  • Tax Rate Code Area: 3006

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 216,040
  • High Value: 252,210
  • Low Value: 179,870

    Market Valuation

  • Market Total Value: $149,706
  • Market Land Value: $24,444
  • Market Improvement Value: $125,262

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,902
  • Assessed Land Value: $8,148
  • Assessed Improvements Value: $41,754

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 12, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 85794
  • Previous Sale Recording Date: Jun 14, 2017
  • Previous Sale Contract Date: Jun 09, 2017
  • Previous Sale Amount: $120,000
  • 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 Will

Stats & Trends

Median Asking:

$389,990

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2308 ft²

Average Home Age

33.9 years

Currently For Sale

1516 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: Barbara Gall, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 09612049
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 1709 Pinewood Lane built and last sold?
The property at 1709 Pinewood Lane was built in 1961 and last sold on Oct 12, 2022 for $229,000.
How much is this home worth?
The estimated value of the home located at 1709 Pinewood Lane is $0.
What are some comparable homes to 1709 Pinewood Lane?
There are currently no comparable homes to 1709 Pinewood Lane.
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