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Joliet 60586
5813 EMERALD POINTE Drive
$270,000
● House - Off Market

5813 EMERALD POINTE Drive

Plainfield, IL 60586
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$1,851
Est. Monthly
$95
HOA / Fees
7.39%
Cap Rate

About This Property

Open and spacious bedroom home in Wesmere Country Club. Features 2 bedrooms and 1.5 baths. Lovely and bright kitchen is open to living room with breakfast bar and adjoining formal dining nook. Vaulted ceilings throughout and many updates. Living room has sliding glass doors leading to well kept composite deck and good sized fenced in backyard. Main level laundry and full bath. Finished basement would make a great 3rd bedroom or family room with plenty of storage space (crawl space is sealed for extra storage). 2 car garage. Active and professionally maintained clubhouse community with 3 Pools, tennis courts, basketball courts, clubhouse, workout room, parks and more!
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$380
HOA Dues
$95
Year Built
1998

Payment Calculator

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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: 2 years ago (MRED MLS #12150537)

Price History

Date / Event Date Event Price
Nov 14, 2024 Sold
Premium
Sold
Sep 29, 2024 In contract -
In contract
Sep 25, 2024 Price Decreased $280,000
↓ $10K (3.5%)
Price Decreased
Sep 18, 2024 Listed by @properties Christie's International Real Estate $290,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,930
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,034
  • Building Area: 1,034
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,034
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESMERE AREA 10
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1068 IN WESMERE SUB AREA 10 UNIT 1B, BEING A SUB OF PRT OF THE W1/2 OF THE SE1/4 OF SEC 32, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880429

Geography

  • Parcel: 06-03-32-403-021
  • Lot: 1068
  • Meridian: SEC 32 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5511
  • Longitude: -88.2251

    Address

  • Full Address: 5813 Emerald Pointe Dr
  • Legal Unit: 1B
  • Address - House Number: 5813
  • Address - Street Name: Emerald Pointe
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R032
  • 4-Digit Zip Code: 6538
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $456,282
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 257,157
  • High Value: 297,274
  • Low Value: 217,041

    Market Valuation

  • Market Total Value: $192,315
  • Market Land Value: $55,524
  • Market Improvement Value: $136,791

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,105
  • Assessed Land Value: $18,508
  • Assessed Improvements Value: $45,597

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2018
  • Current Sale Recording Date: May 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018031088
  • Previous Sale Recording Date: Apr 29, 2011
  • Previous Sale Contract Date: Apr 27, 2011
  • Previous Sale Amount: $135,000
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1870 ft²

Average Home Age

43.2 years

Currently For Sale

285 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 2753 Canyon Drive, Plainfield, IL, 60586

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 989 ft²
2753 Canyon Drive #N, Plainfield, IL, 60586 Listing by Francisco Rios

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kira Miskowiec, @properties Christie's International Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12150537
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 5813 Emerald Pointe Drive built and last sold?
The property at 5813 Emerald Pointe Drive was built in 1998 and last sold on Apr 23, 2018 for $173,000.
How much is this home worth?
The estimated value of the home located at 5813 Emerald Pointe Drive is $0.
What are some comparable homes to 5813 Emerald Pointe Drive?
There are currently no comparable homes to 5813 Emerald Pointe Drive.
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