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Joliet 60586
1818 PRAIRIE RIDGE Drive
$301,000
● House - Off Market

1818 PRAIRIE RIDGE Drive

Plainfield, IL 60586
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$328,455
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

ENJOY THE AMENITIES OF LIVING IN THE WESMERE SUBDIVISION...CLUBHOUSE, POOL, PARK/PLAYGROUND, TENNIS COURTS AND EXERCISE FACILITIES!! BEAUTIFUL 3 BEDROOM HOME WITH A LOFT. THE MAIN FLOOR BOASTS OF STUNNING HARDWOOD FLOORS. THE PAVER BRICK PATIO IS A GREAT PLACE TO RELAX OR BBQ WITH FAMILY AND FRIENDS. NEWER ROOF, GUTTERS, DOWNSPOUTS & HOT WATER HEATER THE FURNACE IS 11 YEARS OLD. HURRY AND VIEW THIS BEAUTY!!  1/2 BASEMENT AND 1/2 RAISED CRAWL (STORAGE) Highest and Best by Friday July 2nd at 5:00 pm
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$144
Property Type
House
Property Taxes
$515
HOA Dues
$89
Year Built
1999

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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 #11140253)

Price History

Date / Event Date Event Price
Aug 13, 2021 Sold
Premium
Sold
Jun 29, 2021 Listed by Coldwell Banker The Real Estate Group $287,000
Listed by Coldwell Banker The Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 9
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 340
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,997
  • Building Area: 1,997
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,997
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESMERE AREA 11 UNIT 1
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1202 IN WESMERE SUB AREA 11 UNIT 1, A SUB OF PRT OF THE SW1/4 OF SEC 33 THE SE1/4 OF SEC 32, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880429

Geography

  • Parcel: 06-03-32-401-023
  • Lot: 1202
  • Meridian: SEC 32 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5552
  • Longitude: -88.2225

    Address

  • Full Address: 1818 Prairie Ridge Dr
  • Legal Unit: 1
  • Address - House Number: 1818
  • Address - Street Name: Prairie Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R026
  • 4-Digit Zip Code: 6557
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $661,778
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 350,598
  • High Value: 400,372
  • Low Value: 300,824

    Market Valuation

  • Market Total Value: $270,822
  • Market Land Value: $55,524
  • Market Improvement Value: $215,298

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,274
  • Assessed Land Value: $18,508
  • Assessed Improvements Value: $71,766

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021097262
  • Previous Sale Recording Date: Nov 12, 2009
  • Previous Sale Contract Date: Sep 30, 2009
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 68
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

1865 ft²

Average Home Age

41.6 years

Currently For Sale

257 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 4917 Montauk Drive, Plainfield, IL, 60586

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,484 ft²
4917 Montauk Drive #4917, Plainfield, IL, 60586 Listing by Sebastian Hila
Unit for rent at 827 Summit Creek Drive, Shorewood, IL, 60404

$2,650 /mo

  • 3 Beds
  • 2 Baths
  • 2,116 ft²
827 Summit Creek Drive, Shorewood, IL, 60404 Listing by Bertha Muralles

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Diane Lambert, Coldwell Banker The Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11140253
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 1818 Prairie Ridge Drive built and last sold?
The property at 1818 Prairie Ridge Drive was built in 1999 and last sold on Aug 2, 2021 for $301,000.
How much is this home worth?
The estimated value of the home located at 1818 Prairie Ridge Drive is $0.
What are some comparable homes to 1818 Prairie Ridge Drive?
There are currently no comparable homes to 1818 Prairie Ridge Drive.
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