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Joliet 60431
1909 Wellington Drive
$327,940
● House - Off Market

1909 Wellington Drive

JOLIET, IL 60431
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,436 Ft²
$508,219
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

**SOLD AT PRINT**Carrington Ranch. Brick front, open layout featuring 3 bedrooms and 2 bathrooms. Upgraded Chef kitchen cabinets and crown with upgraded gourmet kitchen countertop and wall tile.  Whirlpool dishwasher and gas range, disposal, large island, and pantry. Sg/LVP Flooring in foyer, garage entry, kitchen, and laundry. The owner's suite includes tray ceilings, two walk-in closets, including one that provides convenient access from the owner's private bathroom.  Stained rails with metal balusters lead to the expanded walkout basement complete with rough in plumbing for bath and shower. Optional windows added in family room and master bedroom as well as bathroom transom windows.
Unit Size
2,436 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
-
HOA Dues
$42
Year Built
-

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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 #09973659)

Price History

Date / Event Date Event Price
Nov 30, 2018 Sold
Premium
Sold
Jun 5, 2018 Listed by Re/Max Ultimate Professionals $334,865
Listed by Re/Max Ultimate Professionals

Property Highlights

Air Conditioning

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: 9,150
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 750
  • 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: 0000000211
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 125 WINDSOR RIDGE SUB UNIT 1 CITY OF JOLIET

Neighborhood

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

Geography

  • Parcel: 06-35-304-013
  • Lot: 125
  • Municipality: NA-AU-SAY TOWNSHIP
  • Latitude: 41.5557
  • Longitude: -88.2895

    Address

  • Full Address: 1909 Wellington Dr
  • Address - House Number: 1909
  • Address - Street Name: Wellington
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: R026
  • 4-Digit Zip Code: 7821
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $895,604
  • Tax Rate Code Area: NS004

    Appraisal Valuation

  • Standard Deviation: 0.1386
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 433,349
  • High Value: 493,416
  • Low Value: 373,281

    Market Valuation

  • Market Total Value: $337,392
  • Market Land Value: $42,009
  • Market Improvement Value: $295,383

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,464
  • Assessed Land Value: $14,003
  • Assessed Improvements Value: $98,461

    Sales

  • Current Sale Contract Date: Nov 28, 2018
  • Current Sale Recording Date: Dec 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201800017276
  • 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: 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

1845 ft²

Average Home Age

42.5 years

Currently For Sale

270 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: Sarah Toso, Re/Max Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 09973659
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 1909 Wellington Drive built and last sold?
The property at 1909 Wellington Drive was built in and last sold on Nov 28, 2018 for $328,000.
How much is this home worth?
The estimated value of the home located at 1909 Wellington Drive is $0.
What are some comparable homes to 1909 Wellington Drive?
There are currently no comparable homes to 1909 Wellington Drive.
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