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Joliet 60435
901 KRINGS Lane
$118,000
● House - Off Market

901 KRINGS Lane

JOLIET, IL 60435
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,000 Ft²
$265,522
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

Bring an offer! 1% DOWN NO PMI FINANCING AVAIL!  Nothing to do but move right in.Totally remodeled 3 bd/1.1bth ranch w/ full bsmnt in great westside location on corner lot. Brand new kitch w/ maple cabs, cerm tile floors, count & ss appl. Redone bath. New carpet(hardwd under), paint, doors & fixtures. Super clean bsmnt w/ bth. Det gar w/ big driveway, gas grill, fenced yard. Will consider lease purchase. AGTS NOTE CC
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1955

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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 #07744550)

Price History

Date / Event Date Event Price
Aug 31, 2011 Sold
Premium
Sold
Mar 2, 2011 Listed by Century 21 Circle $119,800
Listed by Century 21 Circle

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 4
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,560
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 710
  • Total Building Area: 875
  • Building Area: 875
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 875
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM A PERSONS
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 38 IN WILLIAM A PEARSON'S SUB, BEING A SUB OF PRT OF THE E 244 FT OF THE S 1785.25 FT OF THE E1/2 OF THE SE1/4 OF SEC 6,

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881500

Geography

  • Parcel: 30-07-06-414-016
  • Lot: 38
  • Meridian: SEC 06 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.539
  • Longitude: -88.1213

    Address

  • Full Address: 901 Krings Ln
  • Address - House Number: 901
  • Address - Street Name: Krings
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Joliet
  • Carrier Code: C102
  • 4-Digit Zip Code: 3832
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $456,916
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 207,899
  • High Value: 244,237
  • Low Value: 171,560

    Market Valuation

  • Market Total Value: $166,428
  • Market Land Value: $38,298
  • Market Improvement Value: $128,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,476
  • Assessed Land Value: $12,766
  • Assessed Improvements Value: $42,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2011
  • Current Sale Recording Date: Sep 06, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2011082764
  • Previous Sale Recording Date: Jul 14, 2010
  • Previous Sale Contract Date: Jun 30, 2010
  • Previous Sale Amount: $85,000
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1855 ft²

Average Home Age

43.7 years

Currently For Sale

267 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

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MRED

Listed by: Jamie Haake, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 07744550
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 901 Krings Lane built and last sold?
The property at 901 Krings Lane was built in 1955 and last sold on Aug 31, 2011 for $118,000.
How much is this home worth?
The estimated value of the home located at 901 Krings Lane is $0.
What are some comparable homes to 901 Krings Lane?
There are currently no comparable homes to 901 Krings Lane.
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