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Park Forest 60466
437 TAMARACK Street
$337,000
● House - Off Market

437 TAMARACK Street

Park Forest, IL 60466
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,091 Ft²
$346,614
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Gorgeous 5 bedroom home with so many updates throughout! 2-story fireplace in family room with floor to ceiling windows! Brand new kitchen with upgrades! New vanities, light fixtures, doors! New flooring and paint throughout! Basement finished with additional bedroom and bathroom! The list goes on!! Must see in order to truly appreciate this home. Act Fast!!!
Unit Size
3,091 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$97
Property Type
House
Property Taxes
$1,544
HOA Dues
-
Year Built
2005

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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 #11035157)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
Mar 28, 2021 Listed by Kennedy Connection Realtors $299,900
Listed by Kennedy Connection Realtors

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • 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: 0
  • Garage Type: 1
  • Garage Square Area: 313
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,300
  • Total Building Area: 3,404
  • Building Area: 3,091
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 3,091
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE MEADOWS OF PARK FOREST
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 47 IN THE MEADOWS OF PARK 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: 21-14-02-301-013
  • Lot: 47
  • Meridian: SEC 02 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4619
  • Longitude: -87.7077

    Address

  • Full Address: 437 Tamarack St
  • Address - House Number: 437
  • Address - Street Name: Tamarack
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C002
  • 4-Digit Zip Code: 4109
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 2102

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 389,993
  • High Value: 448,780
  • Low Value: 331,205

    Market Valuation

  • Market Total Value: $307,392
  • Market Land Value: $28,680
  • Market Improvement Value: $278,712

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,464
  • Assessed Land Value: $9,560
  • Assessed Improvements Value: $92,904

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2021089131
  • Previous Sale Recording Date: Apr 01, 2020
  • Previous Sale Contract Date: Mar 16, 2020
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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:

$168,500

Sale Price/ft²

$130

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1463 ft²

Average Home Age

70.7 years

Currently For Sale

117 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: Kevin Kennedy, Kennedy Connection Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11035157
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 437 Tamarack Street built and last sold?
The property at 437 Tamarack Street was built in 2005 and last sold on May 1, 2021 for $337,000.
How much is this home worth?
The estimated value of the home located at 437 Tamarack Street is $306,659.
What are some comparable homes to 437 Tamarack Street?
There are currently no comparable homes to 437 Tamarack Street.
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