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Joliet 60586
1903 Blue Ridge Drive
$276,000
● House - Off Market

1903 Blue Ridge Drive

Plainfield, IL 60586
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,758 Ft²
$310,869
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

SPACIOUS HAMILTON TWO STORY LOCATED IN THE CATON RIDGE SUBDIVISION. 3 BEDROOMS ALL WITH LARGE WALK IN CLOSETS. 2.1 BATHS (ONE LOCATED ON EACH FLOOR). KITCHEN HAS ALL STAINLESS STEEL APPLIANCES IN FANTASTIC CONDITION (2014). ROOF, SIDING, SHUTTERS, GUTTERS AND DOWNSPOUTS ALL REPLACED IN 2020. OVERSIZED FENCED BACKYARD. FULLY FINISHED BASEMENT.
Unit Size
1,758 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$142
Property Type
House
Property Taxes
$426
HOA Dues
$17
Year Built
2003

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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 #10982550)

Price History

Date / Event Date Event Price
Mar 12, 2021 Sold
Premium
Sold
Jan 29, 2021 Listed by RE/MAX Synergy $250,000
Listed by RE/MAX Synergy

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,458
  • Total Building Area: 1,758
  • Building Area: 1,758
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,758
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CATON RIDGE SOUTH
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 557 IN CATON RIDGE SOUTH SUB UNIT 3, A SUB OF PRT OF THE SW1/4 OF SEC 32, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880430

Geography

  • Parcel: 06-03-32-305-012
  • Lot: 557
  • Meridian: SEC 32 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5561
  • Longitude: -88.235

    Address

  • Full Address: 1903 Blue Ridge Dr
  • Legal Unit: 3
  • Address - House Number: 1903
  • Address - Street Name: Blue Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R044
  • 4-Digit Zip Code: 5623
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $568,780
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 313,086
  • High Value: 361,747
  • Low Value: 264,424

    Market Valuation

  • Market Total Value: $235,293
  • Market Land Value: $58,860
  • Market Improvement Value: $176,433

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,431
  • Assessed Land Value: $19,620
  • Assessed Improvements Value: $58,811

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Apr 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021039791
  • Previous Sale Recording Date: Feb 10, 2014
  • Previous Sale Contract Date: Dec 18, 2013
  • Previous Sale Amount: $187,500
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 2611 Canyon Drive, Plainfield, IL, 60586

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 989 ft²
2611 Canyon Drive #2611, Plainfield, IL, 60586 Listing by George Simic

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Norah Russo, RE/MAX Synergy
Last Updated: 3 years ago
Data Source: MRED, MLS# 10982550
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 1903 Blue Ridge Drive built and last sold?
The property at 1903 Blue Ridge Drive was built in 2003 and last sold on Mar 12, 2021 for $276,000.
How much is this home worth?
The estimated value of the home located at 1903 Blue Ridge Drive is $0.
What are some comparable homes to 1903 Blue Ridge Drive?
There are currently no comparable homes to 1903 Blue Ridge Drive.
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