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Matteson 60443
611 Academy Avenue
$345,000
● House - Off Market

611 Academy Avenue

Matteson, IL 60443
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,698 Ft²
$346,361
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Multiple Offers Highest & Best due Sunday at Noon! No need to look any further you Dream Home in Butterfield Matteson is right here. Prepare to be impressed with the updates on this Forrester model sitting on just shy of a quarter of an acre.This home offers large rooms, lots of closet space, and high ceilings. The Brazilian cherrywood floors throughout will wow you. This home. offers attention to detail with the upgrades from barn doors in the finished basement to cedar walls, floating tub in the master, walk-in kitchen pantry, updated baths will impress you. The bright open foyer and lots of sunlight and skylights will welcome you. This will not last long!
Unit Size
3,698 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$91
Property Type
House
Property Taxes
$790
HOA Dues
-
Year Built
1990

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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 #11455427)

Price History

Date / Event Date Event Price
Aug 2, 2022 Sold
Premium
Sold
Jul 6, 2022 Listed by Signature Realty Services, Inc $335,000
Listed by Signature Realty Services, Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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: 17
  • 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: 10,490
  • Total Building Area: 2,688
  • Gross Building Area: 2,688
  • Building Area: 2,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,688
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FINAL PLAT OF BUTTERFIELD PLACE
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (FINAL) (PLAT) OF (BUTTERFIELD) (PLACE) A SUB OF PT O F THE SW SEC 15-35-13

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830004

Geography

  • District: 32
  • Parcel: 31-15-304-010-0000
  • Lot: 48
  • Meridian: SEC 15 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5162
  • Longitude: -87.7267

    Address

  • Full Address: 611 Academy Ave
  • Address - House Number: 611
  • Address - Street Name: Academy
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Matteson
  • Carrier Code: C009
  • 4-Digit Zip Code: 1843
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $541,631
  • Tax Rate Code Area: 32015

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 373,093
  • High Value: 460,333
  • Low Value: 285,853

    Market Valuation

  • Market Total Value: $320,010
  • Market Land Value: $57,700
  • Market Improvement Value: $262,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,001
  • Assessed Land Value: $5,770
  • Assessed Improvements Value: $26,231

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Sep 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8084
  • Previous Sale Recording Date: Jan 16, 2020
  • Previous Sale Contract Date: Dec 23, 2019
  • Previous Sale Amount: $259,000
  • 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:

$269,000

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

60

Average Home Size

1590 ft²

Average Home Age

41.7 years

Currently For Sale

33 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

Rentals Near You

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MRED

Listed by: Krystle Rogers, Signature Realty Services, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11455427
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 611 Academy Avenue built and last sold?
The property at 611 Academy Avenue was built in 1990 and last sold on Aug 1, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 611 Academy Avenue is $0.
What are some comparable homes to 611 Academy Avenue?
There are currently no comparable homes to 611 Academy Avenue.
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