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Oak Forest 60452
5101 Coulter Road
$242,000
● House - Off Market

5101 Coulter Road

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,176 Ft²
$248,500
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Rarely available corner lot ranch home with oversized 2 car attached garage and large fenced in backyard.  This home has been freshly painted and offers 3 bedrooms and 2 full baths.  All bedrooms have hardwood parquet flooring and ceiling fans.  Eat-in kitchen has enough room for table space and opens up to the family room with wood burning fireplace.  Master bedroom has a full bath with shower.  Sit back and relax out back in the covered screened patio overlooking the large fenced in backyard.  Roof tear off in 2018.  Windows and siding replaced.  Home is on a crawlspace.  This is a well cared for home by the owners.  Schedule your showing today.  This is an AS-IS sale.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
-
Price per sqft
$213
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1970

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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 #11804969)

Price History

Date / Event Date Event Price
Aug 14, 2023 Sold
Premium
Sold
Jun 22, 2023 Listed by HomeSmart Realty Group $249,900
Listed by HomeSmart Realty Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • 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: 8,390
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST DALE UNIT 05
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: LOT 16 IN BLK 8 IN FOREST DALE SUB UNIT FIVE IN SEC28 T36N R13E 3P

Neighborhood

  • School District Name: Arbor Park School District 145
  • Census Tract: 825302

Geography

  • District: 13
  • Parcel: 28-28-213-001-0000
  • Block: 8
  • Lot: 16
  • Meridian: SEC 28 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5855
  • Longitude: -87.7416

    Address

  • Full Address: 5101 Coulter Rd
  • Address - House Number: 5101
  • Address - Street Name: Coulter
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C010
  • 4-Digit Zip Code: 4407
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $459,237
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 253,939
  • High Value: 316,587
  • Low Value: 191,292

    Market Valuation

  • Market Total Value: $230,010
  • Market Land Value: $46,150
  • Market Improvement Value: $183,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,001
  • Assessed Land Value: $4,615
  • Assessed Improvements Value: $18,386

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13446
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 Oak Forest

Stats & Trends

Median Asking:

$320,000

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1499 ft²

Average Home Age

46.4 years

Currently For Sale

45 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 17950 Michael Avenue, Country Club Hills, IL, 60478

$1,995 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
17950 Michael Avenue, Country Club Hills, IL, 60478 Listing by Adam St. James
Unit for rent at 15700 Reynolds Lane, Oak Forest, IL, 60452

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
15700 Reynolds Lane #1, Oak Forest, IL, 60452 Listing by Rima Odeh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brandon Miller, HomeSmart Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11804969
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 5101 Coulter Road built and last sold?
The property at 5101 Coulter Road was built in 1970 and last sold on Aug 14, 2023 for $242,000.
How much is this home worth?
The estimated value of the home located at 5101 Coulter Road is $252,545.
What are some comparable homes to 5101 Coulter Road?
There are currently no comparable homes to 5101 Coulter Road.
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