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Joliet 60435
2912 Facel Vega Drive
$154,000
● House - Off Market

2912 Facel Vega Drive

JOLIET, IL 60435
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,542 Ft²
$258,528
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

THIS IS A SHORT-SALE!!  FOUR Bedroom Ranch With The Possibility Of Three MORE Bedrooms In The Basement!!  ALL The Heavy Lifting Is Already Done (!):  PLUMBED IN For 2nd Kitchen, With Drywall Throughout The Basement, Family Room Area, 2nd Washer/Dryer Hook-Up, And Three Possible Bedrooms, AND 3rd FULL Bath!!  Above-Ground Pool Needs New Liner And Filters!! HUGE LOT!!!  Tremendous Potential For In-Law Arrangement In Basement!!! Backs To Retention Pond!!
Unit Size
1,542 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$104
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
2002

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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 #09407098)

Price History

Date / Event Date Event Price
May 26, 2017 Sold
Premium
Sold
Dec 18, 2016 Listed by Coldwell Banker The Real Estate Group $160,000
Listed by Coldwell Banker The Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,542
  • Garage Type: 1
  • Garage Square Area: 704
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,487
  • Total Building Area: 1,542
  • Building Area: 1,542
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,542
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD KENT UNIT 5
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 70A 70B IN OLD KENT SUB UNIT 5, A SUB OF PRT OF THE E 1/2 OF THE SW 1/4 OF SEC 12, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883206

Geography

  • Parcel: 05-06-12-312-035
  • Lot: 70A
  • Meridian: SEC 12 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5269
  • Longitude: -88.1544

    Address

  • Full Address: 2912 Facel Vega Dr
  • Legal Unit: 5
  • Address - House Number: 2912
  • Address - Street Name: Facel Vega
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C088
  • 4-Digit Zip Code: 6487
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $686,398
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 304,355
  • High Value: 350,224
  • Low Value: 258,486

    Market Valuation

  • Market Total Value: $239,862
  • Market Land Value: $41,721
  • Market Improvement Value: $198,141

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,954
  • Assessed Land Value: $13,907
  • Assessed Improvements Value: $66,047

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 2017
  • Current Sale Recording Date: Jan 04, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018001013
  • Previous Sale Recording Date: Jun 16, 2017
  • Previous Sale Contract Date: May 17, 2017
  • Previous Sale Amount: $154,000
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1836 ft²

Average Home Age

42.7 years

Currently For Sale

257 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: , Coldwell Banker The Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09407098
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 2912 Facel Vega Drive built and last sold?
The property at 2912 Facel Vega Drive was built in 2002 and last sold on Dec 29, 2017 for $215,000.
How much is this home worth?
The estimated value of the home located at 2912 Facel Vega Drive is $167,849.
What are some comparable homes to 2912 Facel Vega Drive?
There are currently no comparable homes to 2912 Facel Vega Drive.
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