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Park Forest 60466
414 Tamarack
$260,000
● House - Off Market

414 Tamarack

PARK FOREST, IL 60466
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,412 Ft²
$467,359
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

GORGEOUS ALMOST NEW 2 STORY W/ 2 CAR GARAGE.  4 SPACIOUS BDRMS, INCL. HUGE MASTER W/ FRENCH DRS, W/I CLOSET & VANITY BATH. PART. FIN. BSMT. W/ ROOM AND XTRA BATH STARTED. NO LUXURY SPARED! THIS HOME FEATURES HARDWOOD FLOORS, SKYLIGHTS, FIREPLACE, AND MORE!  KITCH HAS CERAMIC FLOOR, BUTLERS PANTRY & BUILT-IN WINE COOLER.  THIS ONE WON'T LAST, CALL TODAY!
Unit Size
2,412 Ft²
Days on Market
-
Land Size
-
Price per sqft
$114
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
1999

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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.

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 520
  • Garage Type: 1
  • Garage Square Area: 451
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,223
  • Building Area: 2,772
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,772
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWS OF PARK FOREST
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 21 IN THE MEADOWS OF PRK FOREST PUD, BEING A SUB OF PRT OF THE W, 2360.55 FT OF THE N1/2 OF THE SW1/4 OF SEC 2, T34N-R13E

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883603

Geography

  • Parcel: 21-14-02-303-022
  • Lot: 21
  • Meridian: SEC 02 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4626
  • Longitude: -87.7054

    Address

  • Full Address: 414 Tamarack St
  • Address - House Number: 414
  • Address - Street Name: Tamarack
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C002
  • 4-Digit Zip Code: 4108
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,248,772
  • Tax Rate Code Area: 2102

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 263,719
  • High Value: 306,889
  • Low Value: 220,550

    Market Valuation

  • Market Total Value: $199,866
  • Market Land Value: $28,680
  • Market Improvement Value: $171,186

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,622
  • Assessed Land Value: $9,560
  • Assessed Improvements Value: $57,062

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2006
  • Current Sale Recording Date: Jan 29, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2007016309
  • Previous Sale Recording Date: Feb 13, 2004
  • Previous Sale Contract Date: Jan 20, 2004
  • Previous Sale Amount: $205,500
  • 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 Park Forest

Stats & Trends

Median Asking:

$165,000

Sale Price/ft²

$130

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1470 ft²

Average Home Age

70.7 years

Currently For Sale

126 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 415 Shabbona Drive, Park Forest, IL, 60466

$2,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
415 Shabbona Drive, Park Forest, IL, 60466 Listing by Jennifer Upshaw

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Margot Courson, RE/MAX All Realty
Data Source: MRED, MLS# MRD06311781
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 414 Tamarack Street built and last sold?
The property at 414 Tamarack Street was built in 1999 and last sold on Dec 20, 2006 for $260,000.
How much is this home worth?
The estimated value of the home located at 414 Tamarack Street is $0.
What are some comparable homes to 414 Tamarack Street?
There are currently no comparable homes to 414 Tamarack Street.
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