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241 Timber Ridge Ct

Joliet, IL 60431

3 bd 2 ba 1,377 sqft townhomes
Most recent sale
$295,508
Dec 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2022 Sold $295,508 MRED
Oct 4, 2022 Listed $289,900 MRED
Apr 8, 2014 Sold $2,300,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $73,213 $9,449 $82,662 $7,257
2022 $2,031 $2,031 $188
2021 $1,911 $1,911 $177
2020 $1,911 $1,911 $177
2019 $1,833 $1,833 $173
2018 $1,833 $1,833 $178
2017 $1,833 $1,833 $181
2016 $1,833 $1,833 $188
2015 $1,833 $1,833 $191
2014 $1,833 $1,833 $193
2013 $4,436 $4,436 $446
2012 $4,436 $4,436 $423
2011 $4,436 $4,436 $374
2010 $4,436 $4,436 $359
2009 $4,436 $4,436 $345
2008 $4,436 $4,436 $335
2007 $4,436 $4,436 $338

Property facts

Year built
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,377 sqft
Lot size
ZIP code
60431
City
Joliet
Street
Timber Ridge Ct
Coordinates
41.51726, -88.18967

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,479
Gross rental yield
10.07%
Implied cap rate
6.54%
Trend-extrapolated value

Frequently asked questions

When did 241 Timber Ridge Ct last sell?
241 Timber Ridge Ct most recently sold on Dec 15, 2022 for $295,508.
What is the current tax assessment for 241 Timber Ridge Ct?
The most recent total assessment for 241 Timber Ridge Ct (year 2024) is $82,662 with $7,257 in property tax.
How does 241 Timber Ridge Ct's assessment compare to its last sale price?
The current assessment is 72.0% below the last sale price of $295,508.
When was 241 Timber Ridge Ct built?
The year built for 241 Timber Ridge Ct is not in our records.
How does 241 Timber Ridge Ct compare to others on Timber Ridge Ct?
We track 8 other properties on Timber Ridge Ct. Browse the list under "Other properties on Timber Ridge Ct" to compare beds, baths, and sale history.
What are the property facts for 241 Timber Ridge Ct?
241 Timber Ridge Ct is a 3 bed, 2 bath, 1,377 sqft townhomes.
Is 241 Timber Ridge Ct a flip candidate?
No — 241 Timber Ridge Ct does not appear in our flips dataset.
Is 241 Timber Ridge Ct a tax-appeal candidate?
No — 241 Timber Ridge Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$600.1K
2026 Q4
$622.8K
ZIP 60431 — Median Price History + Forecast

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