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Joliet 60435
703 Westnedge Road
$170,000
● House - Off Market

703 Westnedge Road

JOLIET, IL 60435
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$385,431
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Mason Manors Sub. Outstanding, totally updated ranch backing up to wooded walking path. New within the last 3 months, carpet and flooring, new paint, stainless appls.,new counters, lighting, sump pump.  Finished basement,  4 season heated sun room,wraparound deck, security system, Lot next door included, beautiful park-like yard. Truly ready to move into! Taxes on extra lot $800.00 Laundry room is in basement
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$119
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1997

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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 #07939792)

Price History

Date / Event Date Event Price
Jun 26, 2012 Sold
Premium
Sold
Nov 6, 2011 Listed by Coldwell Banker Honig-Bell $179,000
Listed by Coldwell Banker Honig-Bell

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,479
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,014
  • Building Area: 1,468
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,468
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASON MANOR UNIT 1
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 15 IN MASON MANORS SUB UNIT 1, BEING A SUB OF PRT OF THE W1/2 OF THE NW1/4 OF SEC 7, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881601

Geography

  • Parcel: 30-07-07-126-003
  • Lot: 15
  • Meridian: SEC 07 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5353
  • Longitude: -88.141

    Address

  • Full Address: 703 Westnedge Rd
  • Legal Unit: 1
  • Address - House Number: 703
  • Address - Street Name: Westnedge
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Joliet
  • Carrier Code: C067
  • 4-Digit Zip Code: 5400
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $699,264
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 279,580
  • High Value: 319,271
  • Low Value: 239,888

    Market Valuation

  • Market Total Value: $245,154
  • Market Land Value: $35,784
  • Market Improvement Value: $209,370

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,718
  • Assessed Land Value: $11,928
  • Assessed Improvements Value: $69,790

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2012
  • Current Sale Recording Date: Oct 22, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2012117380
  • Previous Sale Recording Date: Oct 22, 1996
  • Previous Sale Contract Date: Oct 07, 1996
  • Previous Sale Amount: $28,000
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1844 ft²

Average Home Age

42.7 years

Currently For Sale

258 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 1712 Arden Place, Joliet, IL, 60435

$2,795 /mo

  • 4 Beds
  • 2 Baths
  • 2,240 ft²
1712 Arden Place, Joliet, IL, 60435 Listing by Joseph Diaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Judy Archer, Coldwell Banker Honig-Bell
Last Updated: 3 years ago
Data Source: MRED, MLS# 07939792
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 703 Westnedge Road built and last sold?
The property at 703 Westnedge Road was built in 1997 and last sold on Jun 25, 2012 for $170,000.
How much is this home worth?
The estimated value of the home located at 703 Westnedge Road is $0.
What are some comparable homes to 703 Westnedge Road?
There are currently no comparable homes to 703 Westnedge Road.
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