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Bolingbrook 60440
524 FALCONRIDGE Way
$253,000
● House - Off Market

524 FALCONRIDGE Way

Bolingbrook, IL 60440
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$278,768
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Fantastic ranch near Humphrey Middle School. 3 beds, 2 baths. Clean and freshly painted. Don't miss it!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$139
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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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 #11236035)

Price History

Date / Event Date Event Price
Nov 15, 2021 Sold
Premium
Sold
Oct 2, 2021 Listed by Kale Realty $250,000
Listed by Kale Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 406
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,635
  • Total Building Area: 1,587
  • Building Area: 1,587
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,587
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINSTON WOODS UNIT 5
  • Land Acres: 0000000221
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 10 BLOCK 26 IN WINSTON WOODS UNIT 5, BEING A SUB OF PRT OF THE W1/2 OF THE NW1/4 OF SEC. 12, T37N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880117

Geography

  • Parcel: 12-02-12-109-009
  • Block: 26
  • Lot: 10
  • Meridian: SEC 12 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.7133
  • Longitude: -88.0472

    Address

  • Full Address: 524 Falcon Ridge Way
  • Legal Unit: 5
  • Address - House Number: 524
  • Address - Street Name: Falcon Ridge
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: C026
  • 4-Digit Zip Code: 2245
  • Zip Code: 60440

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $681,754
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 296,566
  • High Value: 344,863
  • Low Value: 248,269

    Market Valuation

  • Market Total Value: $224,916
  • Market Land Value: $46,578
  • Market Improvement Value: $178,338

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,972
  • Assessed Land Value: $15,526
  • Assessed Improvements Value: $59,446

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021127430
  • Previous Sale Recording Date: Sep 01, 2005
  • Previous Sale Contract Date: Aug 24, 2005
  • Previous Sale Amount: $198,000
  • Previous Sale Document Type: 71

    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 Bolingbrook

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2069 ft²

Average Home Age

36.4 years

Currently For Sale

116 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 212 Northridge Avenue, Bolingbrook, IL, 60440

$2,850 /mo

  • 4 Beds
  • 1 Bath
  • 1,438 ft²
212 Northridge Avenue, Bolingbrook, IL, 60440 Listing by Shaik Ahmed

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: David Bovyn, Kale Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11236035
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 524 Falconridge Way built and last sold?
The property at 524 Falconridge Way was built in 1973 and last sold on Nov 4, 2021 for $253,000.
How much is this home worth?
The estimated value of the home located at 524 Falconridge Way is $0.
What are some comparable homes to 524 Falconridge Way?
There are currently no comparable homes to 524 Falconridge Way.
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