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Joliet 60436 Reedwood
303 Park Drive
$75,900
● House - Off Market

303 Park Drive

Joliet, IL 60436
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,102 Ft²
$98,868
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Charming little home on corner lot of a quiet street in Joliet. This darling little house has a one car detached garage with it's own entry way from Morgan Street. Enter into the back of the home in the family room with a wall of windows to let in all the light of day. Cozy kitchen has stove and fridge and new cabinets and sink. Front entry way opens to large living room and leads into the hallway and to 3 bedrooms with closet storage in each. Move right in and enjoy! Make your appointment today!
Unit Size
1,102 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$56
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1957

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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 #09606249)

Price History

Date / Event Date Event Price
Aug 11, 2017 Sold
Premium
Sold
Apr 25, 2017 Listed by Ryan Hill Realty, LLC $62,000
Listed by Ryan Hill Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,107
  • Garage Type: 4
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,306,800
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,209
  • Building Area: 1,102
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,102
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST PARK ADDITION TO JOLIET
  • Land Acres: 0000030000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 373 THE N 10.20 FT OF LOT 374 IN WEST PARK ADDN TO JOLIET, BEING A SUB OF PRT OF THE NW1/4 OF THE SE1/4 THE S 30 ACRES

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882601

Geography

  • Parcel: 30-07-17-222-019
  • Lot: 373
  • Meridian: SEC 17 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5175
  • Longitude: -88.1081

    Address

  • Full Address: 303 Park Dr
  • Address - House Number: 303
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C085
  • 4-Digit Zip Code: 2044
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $442,962
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 193,884
  • High Value: 227,976
  • Low Value: 159,791

    Market Valuation

  • Market Total Value: $161,895
  • Market Land Value: $26,472
  • Market Improvement Value: $135,423

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,965
  • Assessed Land Value: $8,824
  • Assessed Improvements Value: $45,141

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2018
  • Current Sale Recording Date: Jul 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018050929
  • Previous Sale Recording Date: Aug 15, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $75,900
  • Previous Sale Document Type: 68
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 Reedwood

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1348 ft²

Average Home Age

67.7 years

Currently For Sale

3 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: , Ryan Hill Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09606249
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 303 Park Drive built and last sold?
The property at 303 Park Drive was built in 1957 and last sold on Jul 23, 2018 for $144,900.
How much is this home worth?
The estimated value of the home located at 303 Park Drive is $0.
What are some comparable homes to 303 Park Drive?
There are currently no comparable homes to 303 Park Drive.
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