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Ingalls Park 60433
319 Marigold Place
$175,000
● House - Off Market

319 Marigold Place

Joliet, IL 60433
bedrooms
2 Beds
bathrooms
1 Bath
square feet
924 Ft²
$1,096
Est. Monthly
12.50%
Cap Rate

About This Property

** Motivated Seller,  generously providing a CLOSING CREDIT of $2,500 **.  CUTE 2 BEDROOM CAPE COD W/FENCED YARD & One CAR DETACHED GARGE W/ALLEY ACCESS.  SPACIOUS LIVING ROOM W/NEW BAY WINDOW (2018) NEW LAMINATE FLOORING ON MAIN LEVEL. EAT IN KITCHEN W/BACK DOOR LEADING TO DECK/STAIRS TO FENCED BACK YARD W/LARGE SHED.  2ND FLOOR FEATURES TWO BEDROOMS W/HARDWOOD FLOORING.  FULL BASEMENT W/INTERIOR & EXTERIOR ACCESS. HOME FRESHLY PAINTED (2021)  ROOF/AC/FURNACE APPROX. 10 YEARS OLD. WATER HEATER NEW (2018) NEW SUMP PUMP (2020)  WALKING DISTANCE TO GRADE SCHOOL.  MINUTES FROM I-80 & 355.
Unit Size
924 Ft²
Days on Market
-
Land Size
-
Price per sqft
$198
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1950

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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 #12110723)

Price History

Date / Event Date Event Price
Oct 10, 2024 Sold
Premium
Sold
Sep 17, 2024 In contract -
In contract
Sep 13, 2024 Relisted $182,500
Relisted
Aug 31, 2024 In contract -
In contract
Aug 17, 2024 Price Decreased $182,500
↓ $3K (1.4%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 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: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTMORELAND
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 410 IN EASTMORELAND, A SUB OF LOT 30 AND PRT OF LOTS 28 29, OF R J BARR'S SUB OF PRT OF THE S1/2 OF SEC 12 PRT OF THE N

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882300

Geography

  • Parcel: 30-07-13-131-021
  • Lot: 410
  • Meridian: SEC 13 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5183
  • Longitude: -88.0339

    Address

  • Full Address: 319 Marigold Pl
  • Address - House Number: 319
  • Address - Street Name: Marigold
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Joliet
  • Carrier Code: C056
  • 4-Digit Zip Code: 2119
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $239,216
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 3012

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 141,119
  • High Value: 166,142
  • Low Value: 116,096

    Market Valuation

  • Market Total Value: $95,904
  • Market Land Value: $12,210
  • Market Improvement Value: $83,694

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,968
  • Assessed Land Value: $4,070
  • Assessed Improvements Value: $27,898

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021115998
  • Previous Sale Recording Date: Feb 21, 2006
  • Previous Sale Contract Date: Feb 09, 2006
  • Previous Sale Amount: $110,000
  • 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 Ingalls Park

Stats & Trends

Median Asking:

$218,000

Sale Price/ft²

$195

Below Asking

0.02%

Average Days on Market

52

Average Home Size

918 ft²

Average Home Age

90.2 years

Currently For Sale

5 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: Layth Witwit, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 12110723
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 319 Marigold Place built and last sold?
The property at 319 Marigold Place was built in 1950 and last sold on Oct 11, 2021 for $112,000.
How much is this home worth?
The estimated value of the home located at 319 Marigold Place is $186,234.
What are some comparable homes to 319 Marigold Place?
There are currently no comparable homes to 319 Marigold Place.
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