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Matteson 60443
6317 Virginia Lane
$315,000
● House - Off Market

6317 Virginia Lane

Matteson, IL 60443
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,600 Ft²
$352,725
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Welcome home to your 4bed, 2.5 bath, quad level home. Features vaulted ceilings in Living Room, Dining Room, and Kitchen. Fireplace in lower level Family Room along with a 2 tiered deck off the Kitchen and Family Room. Master bedroom w/ Master bath suite. The house has a newer roof and siding. Attached 2.5 car garage.  SOLD BEFORE LIST.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$135
Property Type
House
Property Taxes
$649
HOA Dues
-
Year Built
1995

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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 #11348824)

Price History

Date / Event Date Event Price
May 23, 2022 Sold
Premium
Sold
Mar 16, 2022 Listed by Coldwell Banker Realty $350,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • 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: 10,374
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 780
  • Total Building Area: 2,594
  • Gross Building Area: 2,594
  • Building Area: 2,594
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,594
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MICHAEL JOHN MANOR UNIT 04
  • Land Acres: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: PART NW4 S17 T35N R13E 3P

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-17-113-020-0000
  • Lot: 135
  • Meridian: SEC 17 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5231
  • Longitude: -87.7694

    Address

  • Full Address: 6317 Virginia Ln
  • Address - House Number: 6317
  • Address - Street Name: Virginia
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Matteson
  • Carrier Code: C004
  • 4-Digit Zip Code: 2074
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $768,340
  • Tax Rate Code Area: 32029

    Appraisal Valuation

  • Standard Deviation: 0.2364
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 349,764
  • High Value: 432,450
  • Low Value: 267,079

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $57,060
  • Market Improvement Value: $222,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $5,706
  • Assessed Improvements Value: $22,294

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20363
  • Previous Sale Recording Date: May 16, 2013
  • Previous Sale Contract Date: Apr 15, 2013
  • Previous Sale Amount: $31,000
  • 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

1604 ft²

Average Home Age

41 years

Currently For Sale

34 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 19665 S Arran Drive, Frankfort, IL, 60423

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,572 ft²
19665 S Arran Drive, Frankfort, IL, 60423 Listing by Melanie McClusky

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Chad Sutherland, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11348824
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 6317 Virginia Lane built and last sold?
The property at 6317 Virginia Lane was built in 1995 and last sold on May 2, 2022 for $315,000.
How much is this home worth?
The estimated value of the home located at 6317 Virginia Lane is $0.
What are some comparable homes to 6317 Virginia Lane?
There are currently no comparable homes to 6317 Virginia Lane.
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