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Matteson 60443
5703 Woodgate Drive
$307,000
● House - Off Market

5703 Woodgate Drive

Matteson, IL 60443
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,435 Ft²
$322,272
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Be ready to be impressed with this 4 bedroom - 2.5 bath home in Matteson. This home features a newly updated and modern kitchen with 42" shaker cabinets, quartz countertops and stainless steel appliances. Large farm-style sink with a porcelain tile floor and a beautiful tile backsplash. Wood laminate flooring in the formal dining room and family room. Four good size bedrooms on the 2nd level with a large primary bedroom with its own private bath. Finished basement for an additional rec room plus plenty of more storage. Large corner lot has a private fenced yard and new deck, Recent updates: AC/Condenser: 2022 - Roof: 2020 - Water heater: 2020 -  Windows: 2002 - Appliances: 2021. This home has everything a growing family needs and is priced to sell!
Unit Size
2,435 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$129
Property Type
House
Property Taxes
$614
HOA Dues
-
Year Built
1979

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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 #11433743)

Price History

Date / Event Date Event Price
Jul 25, 2022 Sold
Premium
Sold
Jun 13, 2022 Listed by Redfin Corporation $315,000
Listed by Redfin Corporation

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • 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: 15,050
  • Total Building Area: 2,435
  • Gross Building Area: 2,435
  • Building Area: 2,435
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,435
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODGATE GREEN UNIT6
  • Land Acres: 0000000346
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (WOODGATE) (GREEN) (UNIT6) SUB OF PT & PT OF NW NW SEC 16-35-13 NE SEC 17-35-13

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-17-216-037-0000
  • Lot: 741
  • Meridian: SEC 16 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5257
  • Longitude: -87.7546

    Address

  • Full Address: 5703 Woodgate Dr
  • Legal Unit: 6
  • Address - House Number: 5703
  • Address - Street Name: Woodgate
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Matteson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1162
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $738,160
  • Tax Rate Code Area: 32029

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 317,864
  • High Value: 392,189
  • Low Value: 243,538

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $60,200
  • Market Improvement Value: $219,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $6,020
  • Assessed Improvements Value: $21,980

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3035
  • Previous Sale Recording Date: Sep 27, 2002
  • Previous Sale Contract Date: Sep 09, 2002
  • Previous Sale Amount: $180,000
  • 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:

$267,000

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1601 ft²

Average Home Age

44.6 years

Currently For Sale

36 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 37 Apollo Court, Tinley Park, IL, 60477

$3,700 /mo

  • 3 Beds
  • 2 Baths
37 Apollo Court, Tinley Park, IL, 60477 Listing by John Schober
Unit for rent at 28 Olympus Drive, Tinley Park, IL, 60477

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
28 Olympus Drive, Tinley Park, IL, 60477 Listing by John Schober

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Litrenta, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 11433743
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 5703 Woodgate Drive built and last sold?
The property at 5703 Woodgate Drive was built in 1979 and last sold on Jul 25, 2022 for $307,000.
How much is this home worth?
The estimated value of the home located at 5703 Woodgate Drive is $0.
What are some comparable homes to 5703 Woodgate Drive?
There are currently no comparable homes to 5703 Woodgate Drive.
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