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Joliet 60435
505 MOONEY Drive
$177,000
● House - Off Market

505 MOONEY Drive

JOLIET, IL 60435
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,850 Ft²
$334,628
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model

About This Property

2 STORY SPACIOUS HOME-  4 BEDROOMS & FULL BATH ON 2ND LEVEL. MSTR BEDROOM HAS WALK IN CLOSET.  1/2 BATH ON 1ST LEVEL.  PARTIALLY FINISHED BASEMENT HAS SECOND KITCHEN, POTENTIAL 5TH BEDROOM W/ WALK IN CLOSET & FULL BATH! GREAT ADDITIONAL LIVING QUARTERS!! **Sold as-is, no survey or disclosures provided by seller, addendums to follow accepted offer, 100% Tax proration. Proof of funds or pre-qual with all offers. Buyer
Unit Size
1,850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$97
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1996

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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

Garage
Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 925
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,600
  • Total Building Area: 1,850
  • Building Area: 1,850
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,850
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHFIELD UNIT 4
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 49 IN NORTHFIELD SUB UNIT 4, BEING A SUB OF PRT OF THE E1/2 NW1/4 OF SEC 12, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883206

Geography

  • Parcel: 05-06-12-108-020
  • Lot: 49
  • Meridian: SEC 12 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5314
  • Longitude: -88.1536

    Address

  • Full Address: 505 Mooney Dr
  • Legal Unit: 4
  • Address - House Number: 505
  • Address - Street Name: Mooney
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C018
  • 4-Digit Zip Code: 9419
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $696,022
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 295,810
  • High Value: 343,338
  • Low Value: 248,281

    Market Valuation

  • Market Total Value: $242,973
  • Market Land Value: $41,721
  • Market Improvement Value: $201,252

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,991
  • Assessed Land Value: $13,907
  • Assessed Improvements Value: $67,084

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2019
  • Current Sale Recording Date: May 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019026953
  • Previous Sale Recording Date: Apr 25, 2008
  • Previous Sale Contract Date: Mar 24, 2008
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: 68
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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1845 ft²

Average Home Age

43.8 years

Currently For Sale

271 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 2390 Bicentennial Avenue, Crest Hill, IL, 60403

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
2390 Bicentennial Avenue #4, Crest Hill, IL, 60403 Listing by Debra Hallberg-Palmer
Unit for rent at 2522 Reflections Drive, Crest Hill, IL, 60403

$2,650 /mo

  • 2 Beds
  • 2 Baths
  • 2,656 ft²
2522 Reflections Drive, Crest Hill, IL, 60403 Listing by Sarah Toso

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marisa Barragan, CRB, Compass Realtors, Inc.
Data Source: MRED, MLS# MRD06698633
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 505 Mooney Drive built and last sold?
The property at 505 Mooney Drive was built in 1996 and last sold on May 3, 2019 for $222,500.
How much is this home worth?
The estimated value of the home located at 505 Mooney Drive is $231,096.
What are some comparable homes to 505 Mooney Drive?
There are currently no comparable homes to 505 Mooney Drive.
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