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Richton Park 60471
22000 Scott Drive
$162,500
● House - Off Market

22000 Scott Drive

Richton Park, IL 60471
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,031 Ft²
$160,244
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

LOVELY HOME ON ONE OF THE MOST BEAUTIFUL PRIME LOTS IN LAKEWOOD! IN THE CENTER OF QUIET CUL-DE-SAC ON ONE OF LARGEST LOTS IN SUBDIVISION & BACKING UP TO HEAVILY WOODED AREA, THE VIEW FROM REAR DECK IS WONDERFUL! CHARMING. LOVELY KIT W/OAK CABS, SPACIOUS LIVING ROOM. UNFINSHED LOWER LEVEL PLUMBED OUT FOR ADDITONAL BATHROOM AND POSSIBLE 3RD BEDROOM.
Unit Size
1,031 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1985

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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 #11713697)

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold
Premium
Sold
Feb 6, 2023 Listed by Kennedy Connection Realtors $157,500
Listed by Kennedy Connection Realtors

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,099
  • Total Building Area: 1,031
  • Gross Building Area: 1,031
  • Building Area: 1,031
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,031
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURNSIDES LAKEWOOD MANOR UNIT14
  • Land Acres: 0000000393
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (BURNSIDES) (LAKEWOOD) MANOR (UNIT14) SUB OF E20ACS O F SW EX PT TAKEN FOR APPROACH TO ILL RTE57 OF SEC28 ALSO W316.35FT OF S

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830008

Geography

  • District: 32
  • Parcel: 31-28-301-011-0000
  • Lot: 31
  • Meridian: SEC 28 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4896
  • Longitude: -87.7427

    Address

  • Full Address: 22000 Scott Dr
  • Legal Unit: 14
  • Address - House Number: 22000
  • Address - Street Name: Scott
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Richton Park
  • Carrier Code: C010
  • 4-Digit Zip Code: 1043
  • Zip Code: 60471

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $514,848
  • Tax Rate Code Area: 32071

    Appraisal Valuation

  • Standard Deviation: 0.2622
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 197,904
  • High Value: 249,811
  • Low Value: 145,997

    Market Valuation

  • Market Total Value: $200,010
  • Market Land Value: $94,050
  • Market Improvement Value: $105,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,001
  • Assessed Land Value: $9,405
  • Assessed Improvements Value: $10,596

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 28045
  • Previous Sale Recording Date: Dec 08, 2016
  • Previous Sale Contract Date: Nov 16, 2016
  • 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 Richton Park

Stats & Trends

Median Asking:

$235,700

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

59

Average Home Size

1643 ft²

Average Home Age

46.9 years

Currently For Sale

36 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

Rentals Near You

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MRED

Listed by: Kevin Kennedy, Kennedy Connection Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11713697
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 22000 Scott Drive built and last sold?
The property at 22000 Scott Drive was built in 1985 and last sold on Mar 29, 2023 for $162,500.
How much is this home worth?
The estimated value of the home located at 22000 Scott Drive is $159,195.
What are some comparable homes to 22000 Scott Drive?
There are currently no comparable homes to 22000 Scott Drive.
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