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Matteson 60443
617 Appian Way
$380,000
● House - Off Market

617 Appian Way

Matteson, IL 60443
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$3,006
Est. Monthly
$50
HOA / Fees
4.66%
Cap Rate

About This Property

Serious Buyers Please....................  Beautiful 4 bedrooms, 3 full baths, Master bedroom w/master bath, 3 car attached garage, finished basement, laundry room, bonus room, wet bar, covered patio, basketball 1/2 court, storage shed, lawn sprinkler, and new appliances all sitting on a corner lot.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$158
Property Type
House
Property Taxes
$1,021
HOA Dues
$50
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 #12071294)

Price History

Date / Event Date Event Price
Aug 5, 2024 Sold
Premium
Sold
Jul 10, 2024 In contract -
In contract
Jul 3, 2024 Price Decreased $394,000
↓ $6K (1.5%)
Price Decreased
May 31, 2024 Listed by Real People Realty $400,000
Listed by Real People Realty
Oct 20, 2018 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,820
  • Total Building Area: 1,952
  • Gross Building Area: 1,952
  • Building Area: 1,952
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,952
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUTTERFIELD PLACE 02
  • Land Acres: 0000000271
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04

Neighborhood

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

Geography

  • Parcel: 31-15-311-022-0000
  • Lot: 64
  • Municipality: RICH
  • Latitude: 41.5143
  • Longitude: -87.7311

    Address

  • Full Address: 617 Appian Way
  • Address - House Number: 617
  • Address - Street Name: Appian
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Matteson
  • Carrier Code: C009
  • 4-Digit Zip Code: 1787
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,039,229
  • Tax Rate Code Area: 32020

    Appraisal Valuation

  • Standard Deviation: 0.2364
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 321,020
  • High Value: 396,910
  • Low Value: 245,130

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $65,010
  • Market Improvement Value: $234,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $6,501
  • Assessed Improvements Value: $23,499

    Sales

  • Current Sale Contract Date: Oct 16, 2018
  • Current Sale Recording Date: Oct 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1829057136
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:

$267,950

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1733 ft²

Average Home Age

44.9 years

Currently For Sale

41 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 21510 Maple Street, Matteson, IL, 60443

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,025 ft²
21510 Maple Street, Matteson, IL, 60443 Listing by Kimberly Mc Aloon

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jocelyn Johnson, Real People Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12071294
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 617 Appian Way built and last sold?
The property at 617 Appian Way was built in 2002 and last sold on Oct 16, 2018 for $215,000.
How much is this home worth?
The estimated value of the home located at 617 Appian Way is $0.
What are some comparable homes to 617 Appian Way?
There are currently no comparable homes to 617 Appian Way.
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