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Joliet 60586
2513 Red Oak Drive
$342,000
● House - Off Market

2513 Red Oak Drive

Plainfield, IL 60586
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,950 Ft²
$404,291
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

SOLD before print!  Dramatic entrance with soaring ceiling and beautiful railings that lets you look down from the loft and the upstairs makes this an open floor plan and greets you to this awesome home. Gleaming hardwood floors flow from foyer into kitchen and sun room. Formal living room and dining rooms. Family room with fireplace. Kitchen with an abundance of cabinets and counterspace, island/breakfast bar, built-in desk. Sun room off kitchen leads to patio, fenced backyard and huge shed. Four bedrooms upstairs plus a loft. Primary bedroom with private bath, double sink vanity, soaking tub and separate shower.  Full basement with additional bath. Oversized 2.5 car garage
Unit Size
2,950 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$115
Property Type
House
Property Taxes
$567
HOA Dues
$25
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 #11034646)

Price History

Date / Event Date Event Price
May 17, 2021 Sold
Premium
Sold
Mar 27, 2021 Listed by Coldwell Banker Real Estate Group $339,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
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: 11,269
  • 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: AUTUMN FIELDS SUB
  • Land Acres: 0000000259
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LT 115 AUTUMN FIELDS SUB UNIT 1 CITY OF JOLIET

Neighborhood

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

Geography

  • Assessors Map Reference: 3415-A6
  • Parcel: 06-25-373-001
  • Lot: 115
  • Municipality: NA-AU-SAY TOWNSHIP
  • Latitude: 41.5672
  • Longitude: -88.2706

    Address

  • Full Address: 2513 Red Oak Dr
  • Address - House Number: 2513
  • Address - Street Name: Red Oak
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 2528
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $779,368
  • Tax Rate Code Area: NS004

    Appraisal Valuation

  • Standard Deviation: 0.1367
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 408,604
  • High Value: 464,476
  • Low Value: 352,731

    Market Valuation

  • Market Total Value: $311,604
  • Market Land Value: $40,302
  • Market Improvement Value: $271,302

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,868
  • Assessed Land Value: $13,434
  • Assessed Improvements Value: $90,434

    Sales

  • Current Sale Contract Date: May 11, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202100013420
  • Previous Sale Recording Date: Oct 14, 2004
  • Previous Sale Contract Date: Sep 09, 2004
  • Previous Sale Amount: $306,000
  • 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

1900 ft²

Average Home Age

40 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 6816 Twin Falls Drive, Plainfield, IL, 60586

$3,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,202 ft²
6816 Twin Falls Drive, Plainfield, IL, 60586 Listing by Pedro Porcayo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lora Lausch, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11034646
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 2513 Red Oak Drive built and last sold?
The property at 2513 Red Oak Drive was built in and last sold on May 11, 2021 for $342,000.
How much is this home worth?
The estimated value of the home located at 2513 Red Oak Drive is $0.
What are some comparable homes to 2513 Red Oak Drive?
There are currently no comparable homes to 2513 Red Oak Drive.
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