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Monee 60449
25702 S Violet Lane
$300,000
● House - Off Market

25702 S Violet Lane

Monee, IL 60449
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,293 Ft²
$324,601
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Gorgeous four bedroom, three bath, two story. Enter the covered front porch to the open foyer. Formal dining and living room with new maple flooring. Family room with gas fireplace. Spacious eat-in kitchen with newer appliances. First floor laundry room with storage. Second floor boasts four oversized bedrooms. Master bedroom with master bath (double bowl sink) and walk-in closet. Second and third bedroom with walk-in closet. Full basement with work area and bench. Sliding doors leading to fenced in yard with large patio and storage shed.  Attached 2.5 car garage. New furnace, a/c, hot water heater, washer and dry. Very nicely landscaped.  Seller willing to contribute to points or closing cost.
Unit Size
2,293 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$137
Property Type
House
Property Taxes
$672
HOA Dues
-
Year Built
1999

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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 #11560536)

Price History

Date / Event Date Event Price
Mar 9, 2023 Sold
Premium
Sold
Aug 17, 2022 Listed by McColly Real Estate $314,999
Listed by McColly Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 159
  • Garage Type: 1
  • Garage Square Area: 276
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,835
  • Total Building Area: 2,728
  • Building Area: 2,293
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,293
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY MEADOWS PHASE 1
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 28 IN COUNTRY MEADOWS PHASE 1, A SUB PRT OF THE NW1/4 IN SEC. 22 T34N-R13E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883606

Geography

  • Subdivision Phase Number: 1
  • Parcel: 21-14-22-105-010
  • Lot: 28
  • Meridian: SEC 22 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.424
  • Longitude: -87.7264

    Address

  • Full Address: 25702 S Violet Ln
  • Address - House Number: 25702
  • Street Direction: S
  • Address - Street Name: Violet
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Monee
  • Carrier Code: R005
  • 4-Digit Zip Code: 8734
  • Zip Code: 60449

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $862,470
  • Tax Rate Code Area: 2113

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 310,897
  • High Value: 355,035
  • Low Value: 266,760

    Market Valuation

  • Market Total Value: $237,090
  • Market Land Value: $38,604
  • Market Improvement Value: $198,486

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,030
  • Assessed Land Value: $12,868
  • Assessed Improvements Value: $66,162

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12505
  • Previous Sale Recording Date: Oct 14, 1999
  • Previous Sale Contract Date: Sep 23, 1999
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: 71
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 Monee

Stats & Trends

Median Asking:

$303,500

Sale Price/ft²

$147

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2901 ft²

Average Home Age

34.8 years

Currently For Sale

20 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 5840 W Pauling Road, Monee, IL, 60449

$2,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,692 ft²
5840 W Pauling Road, Monee, IL, 60449 Listing by Kim Mayer

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Suzanne Herrmann, McColly Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11560536
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 25702 South Violet Lane built and last sold?
The property at 25702 South Violet Lane was built in 1999 and last sold on Mar 9, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 25702 South Violet Lane is $321,565.
What are some comparable homes to 25702 South Violet Lane?
There are currently no comparable homes to 25702 South Violet Lane.
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