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Romeoville 60446
249 Violet Drive
$350,000
● House - Off Market

249 Violet Drive

Romeoville, IL 60446
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,400 Ft²
$375,624
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

True Pride in Ownership! This Home has been Meticulously Maintained by its Owners! Smart Floor Plan, with an Open, Eat-in Kitchen, Spacious Living Area and Adjacent Den or Office Area on the Main Floor. Spacious Bedrooms on the Upper Level feature Bamboo Flooring throughout the Light and Airy Space.  Primary Bedroom has Private Bath and Walk in Closet. New Roof with Attic Exhaust Fan, keeps Upper Level Cool during the Warm Summer Months. Large Recreation Room in the Basement with 9 Foot Ceilings that include a Dry Bar and a Separate Office Space and Expansive Storage Area. Property backs up to Gorgeous Green Space with a Park, Walking Path and Soccer Fields. Take a Dip in the Jacuzzi Tub while taking in the Gorgeous View! Within Walking Distance from the School, Clubhouse and Community Pool!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$135
Property Type
House
Property Taxes
$757
HOA Dues
$55
Year Built
2001

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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 #11094028)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
May 19, 2021 Listed by Baird & Warner Real Estate $325,000
Listed by Baird & Warner Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,229
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 550
  • Total Building Area: 4,033
  • Building Area: 3,633
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,633
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESGLEN SUB
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 504 IN WESGLEN SUB. NEIGHBORHOOD 6 UNIT 1, A SUB OF PRT OF THE W1/2 OF SEC. 7 T36N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880511

Geography

  • Parcel: 11-04-07-303-074
  • Lot: 504
  • Meridian: SEC 07 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.6147
  • Longitude: -88.1333

    Address

  • Full Address: 249 Violet Dr
  • Legal Unit: 1
  • Address - House Number: 249
  • Address - Street Name: Violet
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Romeoville
  • Carrier Code: R028
  • 4-Digit Zip Code: 4966
  • Zip Code: 60446

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $977,430
  • Tax Rate Code Area: 1139

    Appraisal Valuation

  • Standard Deviation: 0.1438
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 381,651
  • High Value: 436,570
  • Low Value: 326,732

    Market Valuation

  • Market Total Value: $286,746
  • Market Land Value: $74,070
  • Market Improvement Value: $212,676

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,582
  • Assessed Land Value: $24,690
  • Assessed Improvements Value: $70,892

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021089133
  • Previous Sale Recording Date: Sep 24, 2009
  • Previous Sale Contract Date: Aug 31, 2009
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Romeoville

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$195

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1681 ft²

Average Home Age

38.2 years

Currently For Sale

61 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 16434 Club Court, Crest Hill, IL, 60403

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,675 ft²
16434 Club Court, Crest Hill, IL, 60403 Listing by Mike McCatty

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vicki Tyne, Baird & Warner Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11094028
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 249 Violet Drive built and last sold?
The property at 249 Violet Drive was built in 2001 and last sold on Jul 6, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 249 Violet Drive is $0.
What are some comparable homes to 249 Violet Drive?
There are currently no comparable homes to 249 Violet Drive.
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