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Will 60433
1842 Maude Avenue
$200,000
● House - Off Market

1842 Maude Avenue

Joliet, IL 60433
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$197,885
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

McNally Acres - a quiet little country-feeling niche, featuring a large lot & lower unincorporated tax rate! 3 bedrooms 1 bath ranch home filled with natural light with lots of updates.Situated on .53 acre lot.Fresh paint & wood laminate flooring throughout the home.Updated kitchen with new cabinets,new stainless steel appliances,granite counter top & back splash.Updated bathroom.2 car detached garage.Close to I-80 & shopping.Endless possibilities with the huge lot.Sold AS-IS.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$173
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1975

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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 #11814214)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jun 22, 2023 Listed by RE/MAX Action $199,000
Listed by RE/MAX Action

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,152
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,086
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,304
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCNALLY ACRES
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 40 UNIT 1 IN MCNALLY ACRES, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 SEC 24, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 883000

Geography

  • Parcel: 30-07-24-109-002
  • Lot: 40
  • Meridian: SEC 24 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.504
  • Longitude: -88.0361

    Address

  • Full Address: 1842 Maude Ave
  • Legal Unit: 1
  • Address - House Number: 1842
  • Address - Street Name: Maude
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: R004
  • 4-Digit Zip Code: 9550
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $365,768
  • Tax Rate Code Area: 3012

    Appraisal Valuation

  • Standard Deviation: 0.0877
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 92
  • Final Value: 195,378
  • High Value: 212,525
  • Low Value: 178,231

    Market Valuation

  • Market Total Value: $152,118
  • Market Land Value: $34,521
  • Market Improvement Value: $117,597

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,706
  • Assessed Land Value: $11,507
  • Assessed Improvements Value: $39,199

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2023
  • Current Sale Recording Date: Sep 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 46272
  • Previous Sale Recording Date: Jun 20, 2023
  • Previous Sale Contract Date: Jun 13, 2023
  • Previous Sale Amount: $120,800
  • Previous Sale Document Type: 64
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:

$389,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2353 ft²

Average Home Age

30.9 years

Currently For Sale

1457 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: Ayesha Afaq, RE/MAX Action
Last Updated: 3 years ago
Data Source: MRED, MLS# 11814214
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 1842 Maude Avenue built and last sold?
The property at 1842 Maude Avenue was built in 1975 and last sold on Aug 24, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 1842 Maude Avenue is $0.
What are some comparable homes to 1842 Maude Avenue?
There are currently no comparable homes to 1842 Maude Avenue.
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