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Joliet 60435
3158 Jeffrey Drive
$300,000
● House - Off Market

3158 Jeffrey Drive

Joliet, IL 60435
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,271 Ft²
$334,228
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Be impressed by the size of this amazing home and excellent location!  From the moment you walk in the house, you will be greeted to a large foyer and office/bedroom. The combined Living & dining room offer vaulted ceilings and a cozy fireplace with beautiful views and access to backyard and pool. Kitchen has been updated with newer stainless steel appliances and lots of cabinets with dinning area. This home has 4 large bedrooms and 3 baths. Master bedroom with master bath. Finished basement main floor laundry area. Attached 2 car garage and more! Home is conveniently located to schools, parks, highway and much more! Sold AS IS
Unit Size
2,271 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$136
Property Type
House
Property Taxes
$611
HOA Dues
-
Year Built
1978

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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 #11262664)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Nov 4, 2021 Listed by HomeSmart Realty Group $309,000
Listed by HomeSmart Realty Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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 Cover: 0
  • Basement Type: 8
  • Basement Area: 841
  • Garage Type: 1
  • Garage Square Area: 663
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,435
  • Total Building Area: 3,775
  • Building Area: 2,271
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,271
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWOOD ESTATES
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1 IN EDGEWOOD ESTATES UNIT 1, BEING A SUB OF PRT OF THE W1/2 OF THE SW1/4 OF SEC 12, T35N-R9E.

Neighborhood

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

Geography

  • Parcel: 05-06-12-301-016
  • Lot: 1
  • Meridian: SEC 12 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5268
  • Longitude: -88.1599

    Address

  • Full Address: 3158 Jeffrey Dr
  • Legal Unit: 1
  • Address - House Number: 3158
  • Address - Street Name: Jeffrey
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C088
  • 4-Digit Zip Code: 4925
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $65,332
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 339,755
  • High Value: 393,926
  • Low Value: 285,585

    Market Valuation

  • Market Total Value: $286,389
  • Market Land Value: $56,001
  • Market Improvement Value: $230,388

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,463
  • Assessed Land Value: $18,667
  • Assessed Improvements Value: $76,796

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25303
  • Previous Sale Recording Date: Jan 08, 2020
  • Previous Sale Contract Date: Dec 17, 2019
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

1880 ft²

Average Home Age

41.6 years

Currently For Sale

272 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: Maria Miller, HomeSmart Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11262664
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 3158 Jeffrey Drive built and last sold?
The property at 3158 Jeffrey Drive was built in 1978 and last sold on Jan 21, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 3158 Jeffrey Drive is $0.
What are some comparable homes to 3158 Jeffrey Drive?
There are currently no comparable homes to 3158 Jeffrey Drive.
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