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Matteson 60443
6314 Patricia Drive
$21,000
● Land - Off Market

6314 Patricia Drive

Matteson, IL 60443
bedrooms
Studio
bathrooms
0 Bath
$28,136
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Great chance to buy land and build a home in neighborhood full of established houses!
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$154
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11210296)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
May 7, 2023 Listed by HomeSmart Realty Group $23,900
Listed by HomeSmart Realty Group
Great chance to buy land and build a home in neighborhood full of established houses!
Oct 26, 2021 Sold
Premium
Sold
Sep 6, 2021 Listed by Keller Williams Preferred Rlty $25,000
Listed by Keller Williams Preferred Rlty
Sep 2, 2020 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,503
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: RIDGELAND MANOR PH 04 & 05
  • Land Acres: 0000000333
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-20-302-023-0000
  • Lot: 182
  • Municipality: RICH
  • Latitude: 41.5037
  • Longitude: -87.7685

    Address

  • Full Address: 6314 Patricia Dr
  • Address - House Number: 6314
  • Address - Street Name: Patricia
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Matteson
  • Carrier Code: R003
  • 4-Digit Zip Code: 3049
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $329,982
  • Tax Rate Code Area: 32029

    Market Valuation

  • Market Total Value: $79,770
  • Market Land Value: $79,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,977
  • Assessed Land Value: $7,977

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 33265
  • Previous Sale Recording Date: Dec 16, 2021
  • Previous Sale Contract Date: Oct 26, 2021
  • Previous Sale Amount: $21,000
  • Previous Sale Document Type: 68
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

0.01%

Average Days on Market

61

Average Home Size

1624 ft²

Average Home Age

42.5 years

Currently For Sale

38 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 48 Churn Road, Matteson, IL, 60443

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
48 Churn Road, Matteson, IL, 60443 Listing by Amber Holup
Unit for rent at 32 Oakview Road, Matteson, IL, 60443

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,391 ft²
32 Oakview Road, Matteson, IL, 60443 Listing by Victor Vita

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Timothy Good, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11210296
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 6314 Patricia Drive built and last sold?
The property at 6314 Patricia Drive was built in and last sold on Jun 12, 2023 for $20,000.
How much is this home worth?
The estimated value of the home located at 6314 Patricia Drive is $0.
What are some comparable homes to 6314 Patricia Drive?
There are currently no comparable homes to 6314 Patricia Drive.
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