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Joliet 60586
1711 Mountain Ridge Pass
$335,000
● House - Off Market

1711 Mountain Ridge Pass

Plainfield, IL 60586
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,992 Ft²
$348,444
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Unique, One of A Kind! This impeccable home has a Gourmet Kitchen including Under Cab Lighting, Upgraded Cabinets, Dinette is Open and has Slider to huge Custom Deck with Gazebo. Fam Rm is Oversized, Master Bedroom has Vaulted Ceiling, Absolutely beautiful walk in Closet, Private Bath, Huge Loft for Entertaining could also be a 2nd Fam Rm, 2nd Floor Laundry room! Many upgraded features throughout home! Full Basement! Don't Miss Out!
Unit Size
1,992 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$167
Property Type
House
Property Taxes
$483
HOA Dues
$16
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11623943)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Sep 7, 2022 Listed by Coldwell Banker Real Estate Group $333,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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
  • Garage Square Area: 40
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CATON RIDGE WEST UNIT 3
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 878 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: 06-03-31-407-020
  • Lot: 878
  • Meridian: SEC 31 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.553
  • Longitude: -88.2428

    Address

  • Full Address: 1711 Mountain Ridge Pass
  • Legal Unit: 3
  • Address - House Number: 1711
  • Address - Street Name: Mountain Ridge
  • Address - Suffix Type: Pass
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R044
  • 4-Digit Zip Code: 2773
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $621,604
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 339,244
  • High Value: 391,971
  • Low Value: 286,517

    Market Valuation

  • Market Total Value: $255,474
  • Market Land Value: $51,699
  • Market Improvement Value: $203,775

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,158
  • Assessed Land Value: $17,233
  • Assessed Improvements Value: $67,925

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 80142
  • Previous Sale Recording Date: Nov 06, 2014
  • Previous Sale Contract Date: Sep 19, 2014
  • Previous Sale Amount: $193,500
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1890 ft²

Average Home Age

42.2 years

Currently For Sale

276 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 7705 Nightshade Lane, Joliet, IL, 60431

$2,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
7705 Nightshade Lane, Joliet, IL, 60431 Listing by Liz Ruiz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: AirReca Weaver, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11623943
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 1711 Mountain Ridge Pass built and last sold?
The property at 1711 Mountain Ridge Pass was built in 2005 and last sold on Oct 27, 2022 for $335,000.
How much is this home worth?
The estimated value of the home located at 1711 Mountain Ridge Pass is $0.
What are some comparable homes to 1711 Mountain Ridge Pass?
There are currently no comparable homes to 1711 Mountain Ridge Pass.
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