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Minooka 60447
502 EDGEWOOD Drive
$220,000
● House - Off Market

502 EDGEWOOD Drive

Minooka, IL 60447
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,380 Ft²
$458,164
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Spacious 4 bedroom, 2.5 bath features family room and fireplace.Kitchen with island. Freshly painted. New carpet. Buyer to verify information. This property is eligible under the Freddie Mac First Look Initiative through 10/19/2013 for owner occupied offers. HomeSteps Financing is available.
Unit Size
2,380 Ft²
Days on Market
-
Land Size
-
Price per sqft
$99
Property Type
House
Property Taxes
$473
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: 2 years ago (MRED MLS #08460273)

Price History

Date / Event Date Event Price
Nov 25, 2013 Sold
Premium
Sold
Oct 1, 2013 Listed by Windsor Realty $234,900
Listed by Windsor Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 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: 0
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,027
  • Total Building Area: 2,380
  • Building Area: 2,380
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERS EDGE LANDING
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 131 IN RIVERS EDGE LANDING UNIT ONE, BEING A SUB OF PRT OF SEC. 6, T34N-R9E.

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 883303

Geography

  • Parcel: 04-10-06-310-006
  • Lot: 131
  • Meridian: SEC 06 TWN 34N RNG 09E
  • Municipality: CHANNAHON
  • Latitude: 41.4522
  • Longitude: -88.245

    Address

  • Full Address: 502 Edgewood Dr
  • Legal Unit: 1
  • Address - House Number: 502
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Minooka
  • Carrier Code: R004
  • 4-Digit Zip Code: 9351
  • Zip Code: 60447

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $838,576
  • Tax Rate Code Area: 0433

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 397,289
  • High Value: 459,502
  • Low Value: 335,077

    Market Valuation

  • Market Total Value: $318,978
  • Market Land Value: $45,702
  • Market Improvement Value: $273,276

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,326
  • Assessed Land Value: $15,234
  • Assessed Improvements Value: $91,092

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 05, 2013
  • Current Sale Recording Date: Dec 10, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2013138710
  • Previous Sale Recording Date: Jun 24, 2013
  • Previous Sale Contract Date: Jun 06, 2013
  • 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 Minooka

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2256 ft²

Average Home Age

29.8 years

Currently For Sale

33 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 144 Zapata Lane, Minooka, IL, 60447

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,232 ft²
144 Zapata Lane, Minooka, IL, 60447 Listing by Vytautas Sruoga

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bette Pearlman, Windsor Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 08460273
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 502 Edgewood Drive built and last sold?
The property at 502 Edgewood Drive was built in 2005 and last sold on Nov 5, 2013 for $220,000.
How much is this home worth?
The estimated value of the home located at 502 Edgewood Drive is $0.
What are some comparable homes to 502 Edgewood Drive?
There are currently no comparable homes to 502 Edgewood Drive.
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