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Joliet 60586
2222 Timber Trail
$350,000
● House - Off Market

2222 Timber Trail

Plainfield, IL 60586
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,088 Ft²
$2,313
Est. Monthly
$15
HOA / Fees
9.62%
Cap Rate

About This Property

This Stunning Home In Aspen Meadows, Plainfield Features 4 Bedrooms And 2 Baths.  You'll Love The Open Floor Plan And Vaulted Ceilings!  Spacious Kitchen With Lots of Cabinets And Storage Space.  Oversized Bedrooms With Lots Of Closet Space!  The Home Features Newer Windows And Lots Of Recent Updates!  Minutes From Schools, Shopping, I-55/I-80 Access! Make Your Appointment Today!
Unit Size
2,088 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$168
Property Type
House
Property Taxes
$580
HOA Dues
$15
Year Built
2000

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 342
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,509
  • Total Building Area: 2,088
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASPEN MEADOWS UNIT THREE
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 190 IN ASPEN MEADOWS UNIT THREE, A SUB OF PRT OF THE NE1/4 OF SEC 32, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880429

Geography

  • Parcel: 06-03-32-208-049
  • Lot: 190
  • Meridian: SEC 32 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5622
  • Longitude: -88.2247

    Address

  • Full Address: 2222 Timber Trl
  • Legal Unit: 3
  • Address - House Number: 2222
  • Address - Street Name: Timber
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R041
  • 4-Digit Zip Code: 5083
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $651,060
  • Tax Rate Code Area: 0606

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 350,128
  • High Value: 399,836
  • Low Value: 300,421

    Market Valuation

  • Market Total Value: $266,727
  • Market Land Value: $64,716
  • Market Improvement Value: $202,011

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,909
  • Assessed Land Value: $21,572
  • Assessed Improvements Value: $67,337

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Jan 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021009010
  • Previous Sale Recording Date: Aug 01, 2000
  • Previous Sale Contract Date: Jul 18, 2000
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: 51

    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:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1917 ft²

Average Home Age

40.3 years

Currently For Sale

269 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 2004 Fieldstone Court, Plainfield, IL, 60586

$3,600 /mo

  • 5 Beds
  • 3 Baths
  • 2,964 ft²
2004 Fieldstone Court, Plainfield, IL, 60586 Listing by Mudassir Siddiqui
Unit for rent at 523 Carla Drive, Shorewood, IL, 60404

$3,575 /mo

  • 3 Beds
  • 2 Baths
  • 2,341 ft²
523 Carla Drive, Shorewood, IL, 60404 Listing by Joseph Diaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Maribel Martinez, Karges Realty
Data Source: MRED, MLS# MRD12281576
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 2222 Timber Trail built and last sold?
The property at 2222 Timber Trail was built in 2000 and last sold on Nov 25, 2020 for $239,900.
How much is this home worth?
The estimated value of the home located at 2222 Timber Trail is $0.
What are some comparable homes to 2222 Timber Trail?
There are currently no comparable homes to 2222 Timber Trail.
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