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Joliet 60431 Timberview
608 Timberline Drive
$600,000
● House - Off Market

608 Timberline Drive

JOLIET, IL 60431
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
6,484 Ft²
$1,180,253
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Just reduced 50k! Absolutely stunning all brick custom estate on 1.3 treed acres with over 6800 sq ft, inground pool, hot tub, 5 car garage and pool house. Private gated entry with paver driveway. This property offers amazing architectural details, extensive millwork, marble flooring, open layout, 1st floor master suite with luxury bath and his/hers California closets, main floor office, large chef's kitchen, 2 story family room with fireplace, enclosed sun room, 3 sizable bedrooms plus loft upstairs and full finished walk out basement with rec room with wet bar, game room and possible in law suite with full bath and private entrance. A truly remarkable property and setting!
Unit Size
6,484 Ft²
Days on Market
-
Land Size
-
Price per sqft
$108
Property Type
House
Property Taxes
$2,183
HOA Dues
-
Year Built
1988

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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 #09153509)

Price History

Date / Event Date Event Price
Oct 28, 2016 Sold
Premium
Sold
Feb 29, 2016 Listed by Century 21 Affiliated $699,900
Listed by Century 21 Affiliated

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,567
  • Garage Type: 10
  • Garage Square Area: 1,637
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 6,484
  • Building Area: 6,484
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 6,484
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBERVIEW UNIT 2
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 11 IN TIMBERVIEW UNIT 2, IN THE E1/2 OF THE NE1/4 OF SEC 11, T35N-R9E TOGETHER WITH THT PRT OF THE E1/2 OF THE NE1/4 OF S

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883210

Geography

  • Parcel: 05-06-11-204-072
  • Lot: 11
  • Meridian: SEC 11 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5337
  • Longitude: -88.165

    Address

  • Full Address: 608 Timberline Dr
  • Legal Unit: 2
  • Address - House Number: 608
  • Address - Street Name: Timberline
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C033
  • 4-Digit Zip Code: 4833
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,113,524
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1462
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 801,266
  • High Value: 918,452
  • Low Value: 684,080

    Market Valuation

  • Market Total Value: $701,148
  • Market Land Value: $149,607
  • Market Improvement Value: $551,541

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $233,716
  • Assessed Land Value: $49,869
  • Assessed Improvements Value: $183,847

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2016
  • Current Sale Recording Date: Dec 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016098720
  • Previous Sale Recording Date: Aug 01, 1997
  • Previous Sale Contract Date: Jul 31, 1997
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: UNK
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 Timberview

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$191

Above Asking

0.00%

Average Days on Market

39

Average Home Size

2158 ft²

Average Home Age

31 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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MRED

Listed by: Jamie Haake, Century 21 Affiliated
Last Updated: 2 years ago
Data Source: MRED, MLS# 09153509
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 608 Timberline Drive built and last sold?
The property at 608 Timberline Drive was built in 1988 and last sold on Oct 27, 2016 for $600,000.
How much is this home worth?
The estimated value of the home located at 608 Timberline Drive is $0.
What are some comparable homes to 608 Timberline Drive?
There are currently no comparable homes to 608 Timberline Drive.
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