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Matteson 60443
46 Wedgewood Road
$175,000
● House - Off Market

46 Wedgewood Road

Matteson, IL 60443
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,459 Ft²
$184,678
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Rare find!!!!  Great peaceful Location. Plenty of SUN!!! Spacious Ranch (No Basement no stairs!!) with cozy  family room off open kitchen!!!  Family Room Unattached fireplace will remain.  Bright Kitchen has window over double sink overlooking rear yard. Dining room combined with Open Living Room. Spacious Master bedroom has full bath!!! Choice Warranty included til 8/2023!!  Sliding door in Family room opens to access Huge rear yard for outdoor enjoyment!!!  Wonderful home in  move in condition.   Immed. Occupancy!!!!  Book your tour today before it is GONE!!!!
Unit Size
1,459 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1978

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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 #11618619)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Aug 31, 2022 Listed by Hampton Realty & Associates $175,000
Listed by Hampton Realty & Associates

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,935
  • Total Building Area: 1,429
  • Gross Building Area: 1,429
  • Building Area: 1,429
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,429
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODGATE GREEN UNIT5
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (WOODGATE) (GREEN) (UNIT5) SUB OF PT EH NW SEC 17-35-13

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-17-102-007-0000
  • Lot: 686
  • Meridian: SEC 17 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5255
  • Longitude: -87.7646

    Address

  • Full Address: 46 Wedgewood Rd
  • Legal Unit: 5
  • Address - House Number: 46
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Matteson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1033
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $347,141
  • Tax Rate Code Area: 32022

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 230,915
  • High Value: 283,643
  • Low Value: 178,188

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $55,740
  • Market Improvement Value: $104,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $5,574
  • Assessed Improvements Value: $10,426

    Sales

  • Current Sale Contract Date: Nov 17, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28338
  • Previous Sale Recording Date: Feb 16, 2022
  • Previous Sale Contract Date: Dec 06, 2021
  • Previous Sale Document Type: 26
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

64

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 48 Churn Road, Matteson, IL, 60443

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
48 Churn Road, Matteson, IL, 60443 Listing by Amber Holup

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Regina May-Hampton, Hampton Realty & Associates
Last Updated: 3 years ago
Data Source: MRED, MLS# 11618619
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 46 Wedgewood Road built and last sold?
The property at 46 Wedgewood Road was built in 1978 and last sold on Nov 17, 2022 for $175,000.
How much is this home worth?
The estimated value of the home located at 46 Wedgewood Road is $179,771.
What are some comparable homes to 46 Wedgewood Road?
There are currently no comparable homes to 46 Wedgewood Road.
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