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Matteson 60443
3842 216th Place
$166,400
● House - Off Market

3842 216th Place

Matteson, IL 60443
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,306 Ft²
$167,316
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Exceptionally cared for home! This 1,300 sq/ft home features 3 bedrooms, 2 full bathrooms and finished basement. 1 bedroom and full bath is on the main level. Nice sized eat-in kitchen with plenty of space for your table, lots of cabinets and counter space. Good sized living room and separate dining room. Upstairs you will find 2 bedrooms and full bath. Enjoy the full finished basement for extra living space, family room, office, etc. Roof approx 2013, water heat 2004, furnace 2010. Close proximity to local restaurants, parks, shopping, and more. Schedule your appointment today, this one will not last!
Unit Size
1,306 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$122
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948

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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 #11468255)

Price History

Date / Event Date Event Price
Oct 11, 2022 Sold
Premium
Sold
Jul 22, 2022 Listed by Keller Williams Preferred Rlty $159,900
Listed by Keller Williams Preferred Rlty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,208
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,306
  • Gross Building Area: 1,306
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALKERS ADD TO MATTESON
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: GEORGE W (WALKERS) ADD TO (MATTESON) SUB OF PT OF LOT 2 IN SUB OF PT WH NW SEC 26-35-13

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830201

Geography

  • District: 32
  • Parcel: 31-26-107-061-0000
  • Lot: 2
  • Meridian: SEC 26 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4969
  • Longitude: -87.7101

    Address

  • Full Address: 3842 216th Pl
  • Address - House Number: 3842
  • Address - Street Name: 216th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Matteson
  • Carrier Code: C002
  • 4-Digit Zip Code: 2725
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $87,417
  • Tax Rate Code Area: 32015

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 156,757
  • High Value: 198,309
  • Low Value: 115,204

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $24,830
  • Market Improvement Value: $115,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,483
  • Assessed Improvements Value: $11,517

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Oct 12, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 47091
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 Matteson

Stats & Trends

Median Asking:

$268,900

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1658 ft²

Average Home Age

45 years

Currently For Sale

40 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 4723 Laurel Drive, Richton Park, IL, 60471

$1,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,175 ft²
4723 Laurel Drive, Richton Park, IL, 60471 Listing by Michael Fisher

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ron Wexler, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11468255
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 3842 216th Place built and last sold?
The property at 3842 216th Place was built in 1948 and last sold on Sep 26, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 3842 216th Place is $0.
What are some comparable homes to 3842 216th Place?
There are currently no comparable homes to 3842 216th Place.
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