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Joliet 60586
5615 Kimberly Drive
$385,880
● House - Off Market

5615 Kimberly Drive

Plainfield, IL 60586
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,114 Ft²
$2,491
Est. Monthly
$17
HOA / Fees
8.55%
Cap Rate

About This Property

We have received multiple offers, highest and best by Monday June 10 at noon with a decision no later than 7pm. Thank you!  A fantastic opportunity, this home features a beautifully maintained interior and offers a good-sized living room. Wow your dinner guests in this thoughtfully designed well-maintained kitchen, which features stainless-steel appliances and upgraded countertops. The house features well-maintained gleaming luxury vinyl floors throughout the first floor. Head down to the finished basement complete with a huge rec room and private office space. Relax in the expansive suburban getaway that features a large patio. A place where wonderful memories are made. Look no more. In a scenic quiet spot in the Eagle Ridge neighborhood. Don't miss out on owning this fabulous home.
Unit Size
2,114 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
House
Property Taxes
$682
HOA Dues
$17
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #12075041)

Price History

Date / Event Date Event Price
Jul 24, 2024 Sold
Premium
Sold
Jun 15, 2024 In contract -
In contract
Jun 7, 2024 Listed by Wheatland Realty $365,000
Listed by Wheatland Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,000
  • Garage Type: 10
  • Garage Square Area: 675
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,181
  • Total Building Area: 2,114
  • Building Area: 2,114
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,114
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE RIDGE
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 28 IN EAGLE RIDGE UNIT 2, A SUB OF PRT OF THE NE 1/4 OF SEC 5, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883218

Geography

  • Parcel: 05-06-05-201-002
  • Lot: 28
  • Meridian: SEC 05 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.55
  • Longitude: -88.2213

    Address

  • Full Address: 5615 Kimberly Dr
  • Legal Unit: 2
  • Address - House Number: 5615
  • Address - Street Name: Kimberly
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R032
  • 4-Digit Zip Code: 5024
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $817,878
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 355,932
  • High Value: 386,819
  • Low Value: 325,045

    Market Valuation

  • Market Total Value: $282,360
  • Market Land Value: $44,883
  • Market Improvement Value: $237,477

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,120
  • Assessed Land Value: $14,961
  • Assessed Improvements Value: $79,159

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2020091337
  • Previous Sale Recording Date: Aug 15, 2013
  • Previous Sale Contract Date: Jun 28, 2013
  • Previous Sale Amount: $200,750
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1880 ft²

Average Home Age

41.9 years

Currently For Sale

276 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 523 Carla Drive, Shorewood, IL, 60404

$3,575 /mo

  • 3 Beds
  • 2 Baths
  • 2,341 ft²
523 Carla Drive, Shorewood, IL, 60404 Listing by Joseph Diaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nicole Tudisco, Wheatland Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12075041
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 5615 Kimberly Drive built and last sold?
The property at 5615 Kimberly Drive was built in 2000 and last sold on Sep 9, 2020 for $265,000.
How much is this home worth?
The estimated value of the home located at 5615 Kimberly Drive is $369,743.
What are some comparable homes to 5615 Kimberly Drive?
There are currently no comparable homes to 5615 Kimberly Drive.
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