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Joliet 60431
1902 Willoughby Lane
$299,840
● House - Off Market

1902 Willoughby Lane

Joliet, IL 60431
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,612 Ft²
$448,511
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

READY NOW!! BRAND NEW HOME WITH EXTENSIVE BUILDER WARRANTY AND ENERGY EFFICIENT FEATURES THROUGHOUT IN ESTABLISHED WINDSOR RIDGE COMMUNITY WITH PLAINFIELD 202 SCHOOLS ONSITE! GALVESTON MODEL WITH SOARING 2 STORY FOYER, 9' FIRST FLOOR CEILING, GOURMET KITCHEN WITH ISLAND,QUARTZ COUNTERS, 42" CABINETS W/CROWN AND GE SS APPLIANCES! DOUBLE DOORS LEADING TO THE EXPANSIVE MASTER SUITE WITH SPA BATHROOM INCLUDING A WALK IN TILED LUXURY SHOWER, SEPARATE TUB,  DOUBLE BOWL VANITY AND WALK-IN CLOSET!!  4 BEDROOMS, PLUS STUDY, 2.5 BATH, THREE-CAR GARAGE, and FULL BASEMENT!  BRICK FRONT, OPEN FLOOR PLAN, 2 STORY STAIRCASE WITH STAINED OAK AND IRON SPINDLES, 6 PANEL DOORS, FIRST FLOOR LAUNDRY. TO TOP IT OFF THIS HOME COMES BACKED BY A 10-YEAR STRUCTURAL WARRANTY AND THE SUPERIOR QUALITY THAT WILL PROVIDE YOU COMFORT FOR YEARS.
Unit Size
2,612 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$115
Property Type
House
Property Taxes
-
HOA Dues
$45
Year Built
-

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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 #10268984)

Price History

Date / Event Date Event Price
Mar 29, 2019 Sold
Premium
Sold
Feb 10, 2019 Listed by Re/Max Ultimate Professionals $299,840
Listed by Re/Max Ultimate Professionals
Nov 15, 2018 No longer available -
No longer available
Oct 31, 2018 Relisted $327,340
Relisted
Oct 29, 2018 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,381
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINDSOR RIDGE SUB
  • Land Acres: 0000000215
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 132 WINDSOR RIDGE SUB UNIT 1 CITY OF JOLIET

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 890702

Geography

  • Parcel: 06-35-304-006
  • Lot: 132
  • Municipality: NA-AU-SAY TOWNSHIP
  • Latitude: 41.5549
  • Longitude: -88.2899

    Address

  • Full Address: 1902 Willoughby Ln
  • Address - House Number: 1902
  • Address - Street Name: Willoughby
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Joliet
  • Carrier Code: R026
  • 4-Digit Zip Code: 7817
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $768,610
  • Tax Rate Code Area: NS004

    Appraisal Valuation

  • Standard Deviation: 0.1386
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 406,842
  • High Value: 463,236
  • Low Value: 350,449

    Market Valuation

  • Market Total Value: $307,551
  • Market Land Value: $42,009
  • Market Improvement Value: $265,542

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,517
  • Assessed Land Value: $14,003
  • Assessed Improvements Value: $88,514

    Sales

  • Current Sale Contract Date: Mar 20, 2019
  • Current Sale Recording Date: Apr 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201900004802
  • Previous Sale Recording Date: Oct 17, 2017
  • Previous Sale Contract Date: Oct 02, 2017
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: UNK
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

1889 ft²

Average Home Age

41.3 years

Currently For Sale

274 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 1814 Springside Drive, Plainfield, IL, 60586

$3,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,308 ft²
1814 Springside Drive, Plainfield, IL, 60586 Listing by Louie Ruffolo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sarah Toso, Re/Max Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 10268984
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 1902 Willoughby Lane built and last sold?
The property at 1902 Willoughby Lane was built in and last sold on Mar 20, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 1902 Willoughby Lane is $0.
What are some comparable homes to 1902 Willoughby Lane?
There are currently no comparable homes to 1902 Willoughby Lane.
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