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Richton Park 60471
22039 Sunset Drive
$340,000
● House - Off Market

22039 Sunset Drive

Richton Park, IL 60471
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,000 Ft²
$356,943
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

MULTIPLE OFFERS HIGHEST AND BEST DUE FRIDAY 12/17 AT 9AM.  BEAUTIFUL 2 STORY IN MUCH DESIRED MEADOW LAKES ESTATES, ORIGINAL OWNER, GORGEOUS HARDWOOD FLOORS THROUGHOUT,  LARGE EAT IN KITCHEN, OVERSIZED MASTER BEDROOM WITH DOUBLE DOORS, SITTING AREA AND ENORMOUS MASTER CLOSET, MASTER BATHROOM WITH JACUZZI, DOUBLE VANITY AND SEPARATE SHOWER. MAIN LEVEL OFFICE, AL BEDROOMS ARE LARGE, SPRINKLER SYSTEM.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$110
Property Type
House
Property Taxes
$651
HOA Dues
-
Year Built
1998

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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 #11286432)

Price History

Date / Event Date Event Price
Jan 28, 2022 Sold
Premium
Sold
Dec 14, 2021 Listed by Baird & Warner $330,000
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Total Building Area: 2,785
  • Gross Building Area: 2,785
  • Building Area: 2,785
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,785
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW LAKE ESTATES PH III
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-28-409-011-0000
  • Lot: 158
  • Meridian: SEC 28 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4896
  • Longitude: -87.7411

    Address

  • Full Address: 22039 Sunset Dr
  • Address - House Number: 22039
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Richton Park
  • Carrier Code: C034
  • 4-Digit Zip Code: 3100
  • Zip Code: 60471

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $781,705
  • Tax Rate Code Area: 32071

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 359,617
  • High Value: 444,083
  • Low Value: 275,152

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $50,400
  • Market Improvement Value: $279,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $5,040
  • Assessed Improvements Value: $27,960

    Sales

  • Current Sale Contract Date: Jan 04, 2022
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2203812427
  • Previous Sale Recording Date: Aug 03, 1999
  • Previous Sale Contract Date: Jul 02, 1999
  • Previous Sale Amount: $254,000
  • Previous Sale Document Type: 27

    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 Richton Park

Stats & Trends

Median Asking:

$236,350

Sale Price/ft²

$141

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1554 ft²

Average Home Age

50.1 years

Currently For Sale

34 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: Denise Foote, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11286432
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 22039 Sunset Drive built and last sold?
The property at 22039 Sunset Drive was built in 1998 and last sold on Jan 4, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 22039 Sunset Drive is $0.
What are some comparable homes to 22039 Sunset Drive?
There are currently no comparable homes to 22039 Sunset Drive.
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