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Joliet 60586
6006 Cherry Ridge Drive
$306,000
● House - Off Market

6006 Cherry Ridge Drive

Plainfield, IL 60586
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,564 Ft²
$340,499
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Welcome to 6006 Cherry Ridge! This fantastic home has so much to offer! Kitchen includes 42 inch maple cabinetry, glass tile backsplash, recessed lighting, updated pendant lighting, double door pantry and eating area with bay window  area leading to backyard. Kitchen opens to family room boasting masonry gas starter fireplace. Main level office/den is perfect for working from home.  Second floor laundry room.  Spacious Vaulted master bedroom with his and hers walk-in closets.  Master bath features double vanity, jetted tub and separate shower.  Spacious additional bedrooms all with walk-in closets. Unfinished basement plumbed for bath, perfect for storage needs. Walking distance to elementary and middle school. Nearby playground and fishing pond. Convenient location to I55 and downtown Plainfield
Unit Size
2,564 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$109
Property Type
House
Property Taxes
$534
HOA Dues
$32
Year Built
2002

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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 #11019707)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Mar 12, 2021 Listed by @properties $279,999
Listed by @properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 40
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,458
  • Total Building Area: 2,576
  • Building Area: 2,576
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,576
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CATON RIDGE
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 224 IN CATON RIDGE SUB UNIT 4 BEING A SUB OF PRT OF THE N 1/2 OF NW 1/4 OF SEC. 32 T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880430

Geography

  • Parcel: 06-03-32-102-026
  • Lot: 224
  • Meridian: SEC 32 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5613
  • Longitude: -88.2301

    Address

  • Full Address: 6006 Cherry Ridge Dr
  • Legal Unit: 4
  • Address - House Number: 6006
  • Address - Street Name: Cherry Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R041
  • 4-Digit Zip Code: 5386
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $711,486
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 376,139
  • High Value: 434,007
  • Low Value: 318,271

    Market Valuation

  • Market Total Value: $289,812
  • Market Land Value: $58,860
  • Market Improvement Value: $230,952

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,604
  • Assessed Land Value: $19,620
  • Assessed Improvements Value: $76,984

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021063468
  • Previous Sale Recording Date: Feb 27, 2017
  • Previous Sale Contract Date: Jan 24, 2017
  • Previous Sale Amount: $235,000
  • 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:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1885 ft²

Average Home Age

40.1 years

Currently For Sale

257 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 6816 Twin Falls Drive, Plainfield, IL, 60586

$3,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,202 ft²
6816 Twin Falls Drive, Plainfield, IL, 60586 Listing by Pedro Porcayo
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: Terri Christian, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11019707
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 6006 Cherry Ridge Drive built and last sold?
The property at 6006 Cherry Ridge Drive was built in 2002 and last sold on Apr 29, 2021 for $306,000.
How much is this home worth?
The estimated value of the home located at 6006 Cherry Ridge Drive is $0.
What are some comparable homes to 6006 Cherry Ridge Drive?
There are currently no comparable homes to 6006 Cherry Ridge Drive.
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