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Matteson 60443
5522 Raven Drive
$255,000
● House - Off Market

5522 Raven Drive

Matteson, IL 60443
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,962 Ft²
$2,199
Est. Monthly
5.90%
Cap Rate

About This Property

Beautiful and spacious split-level home in Matteson! 3 big bedrooms, large family room,  back yard with deck and gorgeous kitchen with appliances included! Big sub-basement for extra storage.
Unit Size
1,962 Ft²
Days on Market
-
Land Size
-
Price per sqft
$135
Property Type
House
Property Taxes
$898
HOA Dues
-
Year Built
1998

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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 #12107218)

Price History

Date / Event Date Event Price
Jan 3, 2025 Sold
Premium
Sold
Nov 18, 2024 In contract -
In contract
Oct 29, 2024 Price Decreased $264,900
↓ $10K (3.6%)
Price Decreased
Oct 9, 2024 Price Decreased $274,900
↓ $15K (5.2%)
Price Decreased
Sep 18, 2024 Price Decreased $289,900
↓ $10K (3.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 11,700
  • Total Building Area: 1,962
  • Gross Building Area: 1,962
  • Building Area: 1,962
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,962
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FEATHER CRK 02
  • Land Acres: 0000000269
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-16-309-060-0000
  • Lot: 17
  • Meridian: SEC 16 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5194
  • Longitude: -87.7503

    Address

  • Full Address: 5522 Raven Dr
  • Address - House Number: 5522
  • Address - Street Name: Raven
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Matteson
  • Carrier Code: C008
  • 4-Digit Zip Code: 1167
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $825,825
  • Tax Rate Code Area: 32029

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 274,313
  • High Value: 345,903
  • Low Value: 202,723

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $64,350
  • Market Improvement Value: $195,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $6,435
  • Assessed Improvements Value: $19,565

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Jan 25, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2202519036
  • Previous Sale Recording Date: Mar 11, 2014
  • Previous Sale Contract Date: Mar 06, 2014
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: 71
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 Matteson

Stats & Trends

Median Asking:

$267,950

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1733 ft²

Average Home Age

44.9 years

Currently For Sale

41 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

Rentals Near You

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MRED

Listed by: M. Todd Hague, 1st Cornerstone Realty Inc.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12107218
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 5522 Raven Drive built and last sold?
The property at 5522 Raven Drive was built in 1998 and last sold on Oct 19, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 5522 Raven Drive is $0.
What are some comparable homes to 5522 Raven Drive?
There are currently no comparable homes to 5522 Raven Drive.
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