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Joliet 60435
3511 Legacy Drive
$310,000
● House - Off Market

3511 Legacy Drive

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,651 Ft²
$318,684
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

This home is a hidden gem - located in one of Joliet's most sought-after neighborhoods.     Fantastic opportunity to receive the benefits of living in Joliet while utilizing the Plainfield schools. The home boasts 3 bedrooms and 2.5 bathrooms. It offers the perfect mix of indoor comfort and outdoor entertainment space. You won't want to miss this one! Recent updates include paint throughout, updated white doors and trim, new upstairs carpet (Dec 2022), updated blinds throughout the home, furnace (2021), roof (2018), main level floors (2017), etc. The basement comes roughed in and ready to make it your dream space. Come and check it out before it's gone!     Island chairs, garage fridge, pool and accessories stay. Garage deep freezer and laundry drying racks do not stay. Thank you!
Unit Size
1,651 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$185
Property Type
House
Property Taxes
$511
HOA Dues
$11
Year Built
2003

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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 #11692168)

Price History

Date / Event Date Event Price
Feb 16, 2023 Sold
Premium
Sold
Dec 28, 2022 Listed by Coldwell Banker Realty $305,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,475
  • Total Building Area: 1,651
  • Building Area: 1,651
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,651
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIDWEST DEVELOPMENTS OLD RENWICK TRAIL
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 163 IN MIDWEST DEVELOPMENT'S OLD RENWICK TRAIL UNIT TWO-A, A SUB OF PRT OF THE W1/3 OF THE E1/2 OF SEC 24, (EX THE S1/2 S

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880428

Geography

  • Parcel: 06-03-24-407-021
  • Lot: 163
  • Meridian: SEC 24 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5864
  • Longitude: -88.1526

    Address

  • Full Address: 3511 Legacy Dr
  • Legal Unit: 2
  • Address - House Number: 3511
  • Address - Street Name: Legacy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: R020
  • 4-Digit Zip Code: 9205
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $647,550
  • Tax Rate Code Area: 0606

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 314,502
  • High Value: 377,496
  • Low Value: 251,508

    Market Valuation

  • Market Total Value: $265,386
  • Market Land Value: $63,879
  • Market Improvement Value: $201,507

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,462
  • Assessed Land Value: $21,293
  • Assessed Improvements Value: $67,169

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 07, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8333
  • Previous Sale Recording Date: Apr 30, 2014
  • Previous Sale Contract Date: Apr 22, 2014
  • Previous Sale Amount: $187,500
  • 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 Joliet

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1873 ft²

Average Home Age

42 years

Currently For Sale

274 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 2338 Carnation Drive, Crest Hill, IL, 60403

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 924 ft²
2338 Carnation Drive #1, Crest Hill, IL, 60403 Listing by Jacqueline Dix

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kristy Garcia, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11692168
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 3511 Legacy Drive built and last sold?
The property at 3511 Legacy Drive was built in 2003 and last sold on Feb 7, 2023 for $310,000.
How much is this home worth?
The estimated value of the home located at 3511 Legacy Drive is $0.
What are some comparable homes to 3511 Legacy Drive?
There are currently no comparable homes to 3511 Legacy Drive.
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