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301 Timber Ridge Ct

Joliet, IL 60431

2 bd 2 ba 1,400 sqft Built 2007 Lot 1,696 sqft townhomes
Most recent sale
$260,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $260,000 MLS #11391321
May 6, 2022 Listed $259,000 MLS #11391321
Dec 6, 2019 Sold $171,900 MLS #10510818
Nov 14, 2008 Sold $190,205 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $66,540 $9,449 $75,989 $5,969
2022 $49,192 $8,034 $57,226 $4,754
2021 $46,277 $7,558 $53,835 $4,444
2020 $39,354 $7,558 $46,912 $3,807
2019 $37,750 $7,250 $45,000 $4,248
2018 $36,850 $7,250 $44,100 $4,290
2017 $35,456 $7,250 $42,706 $4,235
2016 $33,237 $7,250 $40,487 $4,164
2015 $31,150 $6,650 $37,800 $3,959
2014 $30,277 $6,650 $36,927 $3,902
2013 $30,277 $6,650 $36,927 $3,718
2012 $34,639 $7,802 $42,441 $4,048
2011 $42,186 $9,407 $51,593 $4,353
2010 $48,242 $10,918 $59,160 $4,793
2009 $49,352 $11,169 $60,521 $4,713
2008 $4,137 $4,436 $8,573 $649
2007 $4,436 $4,436 $338

Property facts

Year built
2007
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,400 sqft
Lot size
1,696 sqft
ZIP code
60431
City
Joliet
Street
Timber Ridge Ct
Coordinates
41.51634, -88.18944

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
$2,520
Gross rental yield
11.63%
Implied cap rate
7.56%
Trend-extrapolated value

Frequently asked questions

When did 301 Timber Ridge Ct last sell?
301 Timber Ridge Ct most recently sold on Jun 10, 2022 for $260,000.
What is the current tax assessment for 301 Timber Ridge Ct?
The most recent total assessment for 301 Timber Ridge Ct (year 2024) is $75,989 with $5,969 in property tax.
How does 301 Timber Ridge Ct's assessment compare to its last sale price?
The current assessment is 70.8% below the last sale price of $260,000.
When was 301 Timber Ridge Ct built?
301 Timber Ridge Ct was built in 2007.
How does 301 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 301 Timber Ridge Ct?
301 Timber Ridge Ct is a 2 bed, 2 bath, 1,400 sqft, 1,696 sqft lot townhomes.
Is 301 Timber Ridge Ct a flip candidate?
No — 301 Timber Ridge Ct does not appear in our flips dataset.
Is 301 Timber Ridge Ct a tax-appeal candidate?
No — 301 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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