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Joliet 60435
914 Pearson Drive
$255,000
● House - Off Market

914 Pearson Drive

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath
square feet
864 Ft²
$239,401
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

DON'T DELAY ON THIS BEAUTIFUL, MOVE IN READY, 3 BEDROOM, 1 BATH RANCH HOME THAT INCLUDES FULL BASEMENT & 2.5 CAR GARAGE! HARDWOOD FLOORING IN LIVING ROOM & 3 BEDROOMS. UPDATED KITCHEN W/GRANITE COUNTER TOPS, SS APPLIANCES, TILE BACKSPLASH, VINYL FLOORING & PAINTED CABINETRY. NEW ROOF, SIDING & GUTTERS (END OF 2022) FURNACE/AC (2011) NEW WATER HEATER (2023) NEW SS APPLIANCES (2019) & NEW WASHER/DRYER (2023) COMPLETELY NEW BATHROOM FEATURING NEW TILE FLOORING, VANITY, TILE TUB SURROUND, TOILET & PLUMBING! NEWER VINYL WINDOWS. NEW LIGHTING IN EVERY ROOM. FULL UNFINISHED BASEMENT W/GLASSBLOCK WINDOWS. LARGE, FENCED YARD W/MATURE TREES! UPDATED LANDSCAPING (2023)
Unit Size
864 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$277
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1959

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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 #11773757)

Price History

Date / Event Date Event Price
Jun 15, 2023 Sold
Premium
Sold
May 3, 2023 Listed by RE/MAX Ultimate Professionals $239,000
Listed by RE/MAX Ultimate Professionals

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEING A ACRES
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 61 IN PEARSON BRIDALWEARTH ACRES UNIT 3, BEING A SUB OF PRT OF THE W1/2 OF THE SW1/4 OF SEC. 6, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881603

Geography

  • Parcel: 30-07-06-310-003
  • Lot: 61
  • Meridian: SEC 06 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.54
  • Longitude: -88.1368

    Address

  • Full Address: 914 Pearson Dr
  • Legal Unit: 3
  • Address - House Number: 914
  • Address - Street Name: Pearson
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C081
  • 4-Digit Zip Code: 3254
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $427,558
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 208,793
  • High Value: 243,102
  • Low Value: 174,484

    Market Valuation

  • Market Total Value: $156,891
  • Market Land Value: $41,580
  • Market Improvement Value: $115,311

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,297
  • Assessed Land Value: $13,860
  • Assessed Improvements Value: $38,437

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30449
  • Previous Sale Recording Date: Aug 02, 2017
  • Previous Sale Contract Date: Jul 26, 2017
  • Previous Sale Amount: $138,000
  • Previous Sale Document Type: 33
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

1898 ft²

Average Home Age

40.9 years

Currently For Sale

275 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 1311 Loral Avenue, Joliet, IL, 60435

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,005 ft²
1311 Loral Avenue, Joliet, IL, 60435 Listing by Jayson Iniguez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Scheuber, RE/MAX Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 11773757
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 914 Pearson Drive built and last sold?
The property at 914 Pearson Drive was built in 1959 and last sold on Jun 15, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 914 Pearson Drive is $0.
What are some comparable homes to 914 Pearson Drive?
There are currently no comparable homes to 914 Pearson Drive.
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