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Joliet 60431 Timberview
620 TIMBERLINE Drive
$229,900
● House - Off Market

620 TIMBERLINE Drive

JOLIET, IL 60431
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,924 Ft²
$366,103
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Amazing Ranch in sought after Timberline Subd. features - Cedar/Stone Exterior situated on a heavily treed private fenced yard; In-ground pool w/newer furnace, pump & liner; Hardwood and Ceramic Tile through-out; Kitchen features granite countertops; 3 Bedrooms all feature double closets; Newer Master Full bath features granite double shower; Full Basement partially finished features newer bathroom with potential of a 4th bedroom; Main floor utility room; Pella Windows with Built-in Blinds; Updated Roof, Furnace, A/C, Water Heater; Well pump replaced 2 yrs ago; 12 x 8 Shed; Newer Concrete Patio 35 x 23; Abundance of storage; Beautiful Landscaping; All Appliances Stay; Close to Shopping and I55 & I80.
Unit Size
1,924 Ft²
Days on Market
-
Land Size
-
Price per sqft
$119
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1960

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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 #09696451)

Price History

Date / Event Date Event Price
Sep 1, 2017 Sold
Premium
Sold
Jul 20, 2017 Listed by Home Realty & Assoc $229,900
Listed by Home Realty & Assoc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,006
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,446
  • Total Building Area: 3,370
  • Building Area: 1,924
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBERLINE UNIT 1
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 6 IN TIMBERLINE UNIT 1, A SUB OF PRT OF THE W 1/2 OF THE E 1/2 OF SEC. 11, T35N-R9E

Neighborhood

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

Geography

  • Parcel: 05-06-11-204-007
  • Lot: 6
  • Meridian: SEC 11 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5344
  • Longitude: -88.1657

    Address

  • Full Address: 620 Timberline Dr
  • Legal Unit: 1
  • Address - House Number: 620
  • 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: $770,696
  • Tax Rate Code Area: 0548

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 355,349
  • High Value: 406,606
  • Low Value: 304,091

    Market Valuation

  • Market Total Value: $291,048
  • Market Land Value: $66,900
  • Market Improvement Value: $224,148

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $97,016
  • Assessed Land Value: $22,300
  • Assessed Improvements Value: $74,716

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2018
  • Current Sale Recording Date: Jun 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: R2018043729
  • Previous Sale Recording Date: Sep 22, 2017
  • Previous Sale Contract Date: Aug 31, 2017
  • Previous Sale Amount: $229,900
  • 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 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

Nearby Rentals

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MRED

Listed by: , Home Realty & Assoc
Last Updated: 3 years ago
Data Source: MRED, MLS# 09696451
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 620 Timberline Drive built and last sold?
The property at 620 Timberline Drive was built in 1960 and last sold on Jun 19, 2018 for $265,000.
How much is this home worth?
The estimated value of the home located at 620 Timberline Drive is $232,199.
What are some comparable homes to 620 Timberline Drive?
There are currently no comparable homes to 620 Timberline Drive.
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