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Joliet 60586
7014 Paradise Circle
$280,000
● House - Off Market

7014 Paradise Circle

Plainfield, IL 60586
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,939 Ft²
$309,500
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Awesome house in South Plainfield - Plainfield schools! 4 bed, 2.1 bath, with partially finished basement and crawl. 2 car garage. Step into this home with all hardwood throughout house! Formal living room in front of house. Large kitchen has room for dining area. All appliances will stay. Large family room with large windows. Double door goes out to large deck and fenced yard. Upstairs are 4 large bedrooms with 2 full baths. Home was recently repainted. Furnace and AC are only 4 years.
Unit Size
1,939 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$142
Property Type
House
Property Taxes
$448
HOA Dues
$25
Year Built
2001

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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 #11181885)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Aug 6, 2021 Listed by RE/MAX Professionals $275,000
Listed by RE/MAX Professionals

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 273
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,260
  • Total Building Area: 1,707
  • Building Area: 1,707
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,707
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIRAGE PHASE 1 UNIT 2
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 749 IN MIRAGE SUB. PHASE 1 UNIT 2, A SUB OF PRT OF THE SW FRACTIONAL 1/4 OF SEC 30, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880431

Geography

  • Subdivision Phase Number: 1
  • Parcel: 06-03-30-304-023
  • Lot: 749
  • Meridian: SEC 30 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5649
  • Longitude: -88.2542

    Address

  • Full Address: 7014 Paradise Cir
  • Legal Unit: 2
  • Address - House Number: 7014
  • Address - Street Name: Paradise
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R040
  • 4-Digit Zip Code: 6396
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601,926
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 305,915
  • High Value: 353,109
  • Low Value: 258,721

    Market Valuation

  • Market Total Value: $247,956
  • Market Land Value: $47,757
  • Market Improvement Value: $200,199

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,652
  • Assessed Land Value: $15,919
  • Assessed Improvements Value: $66,733

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021112335
  • Previous Sale Recording Date: Oct 19, 2001
  • Previous Sale Contract Date: Aug 31, 2001
  • Previous Sale Amount: $153,500
  • 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 6816 Twin Falls Drive, Plainfield, IL, 60586

$3,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,202 ft²
6816 Twin Falls Drive, Plainfield, IL, 60586 Listing by Pedro Porcayo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: LaNita Cates, RE/MAX Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 11181885
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 7014 Paradise Circle built and last sold?
The property at 7014 Paradise Circle was built in 2001 and last sold on Sep 29, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 7014 Paradise Circle is $281,902.
What are some comparable homes to 7014 Paradise Circle?
There are currently no comparable homes to 7014 Paradise Circle.
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