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Joliet 60435 Garnsey
402 THEODORE Street
$230,000
● House - Off Market

402 THEODORE Street

Joliet, IL 60435
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$233,905
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Do not be deceived by the exterior size of this property, this amazing home has everything you need and more, 4 bedrooms, 2 baths, beautiful finished basement, new 3 car garage, huge stone driveway, new roof, new air conditioner and heater. The home has been tastefully updated and it ready for its new owner!!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$192
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1926

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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 #11746402)

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold
Premium
Sold
Mar 28, 2023 Listed by Century 21 Circle $229,900
Listed by Century 21 Circle

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,805
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 430
  • Total Building Area: 942
  • Building Area: 942
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 942
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WASHINGTON HEIGHTS
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: BLOCK 1 THE W1/2 OF THE E 86.78 FT OF LOTS 1, 4 5, (EX THE S 8 FT OF LOT 5 THROF) IN WASHINGTON HEIGHTS SUB, BEING A SUB OF

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 880905

Geography

  • Parcel: 30-07-04-106-016
  • Block: 1
  • Lot: 1,4,5
  • Meridian: SEC 04 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5524
  • Longitude: -88.0925

    Address

  • Full Address: 402 Theodore St
  • Address - House Number: 402
  • Address - Street Name: Theodore
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C003
  • 4-Digit Zip Code: 2627
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $366,108
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 186,945
  • High Value: 219,621
  • Low Value: 154,269

    Market Valuation

  • Market Total Value: $148,929
  • Market Land Value: $27,768
  • Market Improvement Value: $121,161

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,643
  • Assessed Land Value: $9,256
  • Assessed Improvements Value: $40,387

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24962
  • Previous Sale Recording Date: Nov 16, 2018
  • Previous Sale Contract Date: Nov 15, 2018
  • Previous Sale Amount: $75,000
  • 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 Garnsey

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$197

Above Asking

0.00%

Average Days on Market

41

Average Home Size

1695 ft²

Average Home Age

23.5 years

Currently For Sale

2 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 719 Taylor Street, Joliet, IL, 60435

$2,125 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
719 Taylor Street #UPPER, Joliet, IL, 60435 Listing by Joseph Diaz
Unit for rent at 400 Summit Street, Joliet, IL, 60435

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,290 ft²
400 Summit Street, Joliet, IL, 60435 Listing by Stacie McGlone

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Elsa Jimenez, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 11746402
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 402 Theodore Street built and last sold?
The property at 402 Theodore Street was built in 1926 and last sold on Apr 27, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 402 Theodore Street is $0.
What are some comparable homes to 402 Theodore Street?
There are currently no comparable homes to 402 Theodore Street.
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