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Minooka 60447
506 Hannigan Drive
$352,000
● House - Off Market

506 Hannigan Drive

Minooka, IL 60447
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,376 Ft²
$363,910
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

STILL TIME TO ENJOY THIS GORGEOUS FENCED BACKYARD WITH INVITING POOL (POOL HEATER SOLD AS-IS) AND ENTERTAINING DECK~INSIDE THIS UPDATED 3 BEDROOM 2 AND HALF BATH OPEN CONCEPT TWO STORY HOME IN HEATHER RIDGE~EAT-IN KITCHEN WITH UPDATES (APPROX 6 YRS AGO) OF QUARTZ COUNTERS, MOVEABLE ISLAND, ABOVE & BELOW THE CABINET LIGHTING, IRON SPINDLES, CUT GLASS BACKSPLASH & ALL APPLIANCES~NEWER ENGINEERED FLOORING IN LIV RM, DINING ROOM & FAMILY ROOM HAVE UPLIGHTING FOR THAT AMBIENCE FEEL~LARGE FOYER~MASTER BEDROOM OFFERS 2 WALK IN CLOSETS, FULL BATH W/SEPARATE SHOWER, JETTED TUB (SOLD AS-IS, CURRENT OWNER NEVER USED)AND TWO SINKS~FINISHED FULL BASEMENT W/UPGRADED LAMINATED FLOORING AND TONS OF STORAGE~MINOOKA SCHOOLS
Unit Size
2,376 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
$609
HOA Dues
$10
Year Built
1991

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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 #11477841)

Price History

Date / Event Date Event Price
Sep 9, 2022 Sold
Premium
Sold
Jul 29, 2022 Listed by Spring Realty $349,900
Listed by Spring Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,376
  • Gross Building Area: 2,376
  • Building Area: 2,376
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,376
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHER RIDGE SUBDIVISION
  • Land Acres: 0000000300
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HEATHER RIDGE SUB PHASE 2 LT 119 SEC 11-34-8

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 000102

Geography

  • District: 01
  • Subdivision Phase Number: 2
  • Parcel: 03-11-231-005
  • Lot: 119
  • Meridian: SEC 11 TWN 34N RNG 08W
  • Municipality: AUX SABLE TOWNSHIP
  • Latitude: 41.4444
  • Longitude: -88.2731

    Address

  • Full Address: 506 Hannigan Dr
  • Address - House Number: 506
  • Address - Street Name: Hannigan
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Minooka
  • Carrier Code: R005
  • 4-Digit Zip Code: 9474
  • Zip Code: 60447

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $830,552
  • Tax Rate Code Area: 1002

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 74
  • Final Value: 369,768
  • High Value: 440,202
  • Low Value: 299,335

    Market Valuation

  • Market Total Value: $310,632
  • Market Land Value: $77,451
  • Market Improvement Value: $233,181

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,544
  • Assessed Land Value: $25,817
  • Assessed Improvements Value: $77,727

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 07, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 615638
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:

$372,450

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2266 ft²

Average Home Age

27.1 years

Currently For Sale

37 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: Ricky Gray, Spring Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11477841
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 506 Hannigan Drive built and last sold?
The property at 506 Hannigan Drive was built in 1991 and last sold on Sep 7, 2022 for $352,000.
How much is this home worth?
The estimated value of the home located at 506 Hannigan Drive is $358,926.
What are some comparable homes to 506 Hannigan Drive?
There are currently no comparable homes to 506 Hannigan Drive.
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