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Joliet 60431
6620 COLARIC Drive
$249,900
● House - Off Market

6620 COLARIC Drive

JOLIET, IL 60431
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,450 Ft²
$468,508
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

THIS HOME WILL BE READY LATE SPRING. FIND MANY UPGRADES SUCH AS BAY WINDOW IN DINING ROOM, FIREPLACE, COFFER CEILING IN MASTER AND MUCH MORE!!  GREAT FLOOR PLAN WITH FORMAL LIVING AREAS AND FAMILY ROOM OPEN TO KITCHEN. FIND A MASTER SUITE AND 3 ADDITIONAL BEDROOMS UPSTAIRS. ALL OF THIS AND A 3 CAR GARAGE!!
Unit Size
2,450 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$102
Property Type
House
Property Taxes
-
HOA Dues
$21
Year Built
2008

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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.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,275
  • Garage Type: 10
  • Garage Square Area: 735
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,589
  • Building Area: 2,589
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,589
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEGACY POINTE UNIT ONE
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 167 IN LEGACY POINTE SUB UNIT ONE, BEING A SUB OF PRT OF THE W1/2 OF THE NE1/4 OF SEC 6, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883218

Geography

  • Parcel: 05-06-06-208-009
  • Lot: 167
  • Meridian: SEC 06 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5468
  • Longitude: -88.2453

    Address

  • Full Address: 6620 Colaric Dr
  • Legal Unit: 1
  • Address - House Number: 6620
  • Address - Street Name: Colaric
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: R018
  • 4-Digit Zip Code: 7418
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $868,972
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 399,160
  • High Value: 460,655
  • Low Value: 337,665

    Market Valuation

  • Market Total Value: $298,875
  • Market Land Value: $49,203
  • Market Improvement Value: $249,672

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $99,625
  • Assessed Land Value: $16,401
  • Assessed Improvements Value: $83,224

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021111167
  • Previous Sale Recording Date: Jul 16, 2008
  • Previous Sale Contract Date: Jun 27, 2008
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 Joliet

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1894 ft²

Average Home Age

41.6 years

Currently For Sale

280 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 6906 Townsend Boulevard, Plainfield, IL, 60586

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,528 ft²
6906 Townsend Boulevard, Plainfield, IL, 60586 Listing by Margot Sun
Unit for rent at 1022 Heron Circle, Joliet, IL, 60431

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
1022 Heron Circle, Joliet, IL, 60431 Listing by Marie Clucas
Unit for rent at 2745 Canyon Drive, Plainfield, IL, 60586

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,280 ft²
2745 Canyon Drive, Plainfield, IL, 60586 Listing by George Simic

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jane Winninger, Coldwell Banker The Real Estate Group
Data Source: MRED, MLS# MRD06837511
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 6620 Colaric Drive built and last sold?
The property at 6620 Colaric Drive was built in 2008 and last sold on Sep 27, 2021 for $368,000.
How much is this home worth?
The estimated value of the home located at 6620 Colaric Drive is $378,750.
What are some comparable homes to 6620 Colaric Drive?
There are currently no comparable homes to 6620 Colaric Drive.
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