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3409 Wells Way

Joliet, IL 60431

5 bd 5 ba 4,681 sqft Built 2003 Lot 16,117 sqft single_family
Most recent sale
$610,000
May 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 3, 2022 Sold $610,000 MLS #11272972
Mar 29, 2022 Listing removed $775,000 MRED
Feb 18, 2022 Price changed $675,000 MLS #11272972
Jan 7, 2022 Price changed $699,900 MLS #11272972
Dec 7, 2021 Price changed $724,900 MLS #11272972
Nov 18, 2021 Listed $749,900 MLS #11272972
Mar 21, 2019 Sold $530,500 MLS #10250832
Jan 17, 2019 Listed $539,000 MLS #10250832
Dec 14, 2018 Listing removed $539,000 MRED
Dec 13, 2018 Listing removed $539,000 MRED
Sep 29, 2018 Listed $539,000 MLS #10098165
Jun 3, 2005 Sold $503,056 Public Record
Jan 15, 2004 Sold $503,056 Public Record
Jul 8, 2003 Sold $282,000 Public Record
Feb 11, 1998 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $142,704 $36,868 $179,572 $16,845
2022 $150,327 $34,886 $185,213 $16,633
2021 $141,418 $32,818 $174,236 $15,632
2020 $136,125 $32,818 $168,943 $15,161
2019 $130,576 $31,480 $162,056 $15,298
2018 $129,676 $31,480 $161,156 $15,676
2017 $129,676 $31,480 $161,156 $15,982
2016 $129,676 $31,480 $161,156 $15,956
2015 $125,000 $30,880 $155,880 $15,698
2014 $115,370 $30,880 $146,250 $14,820
2013 $115,370 $30,880 $146,250 $14,121
2012 $118,442 $36,117 $154,559 $14,170
2011 $126,002 $38,422 $164,424 $13,365
2010 $127,131 $44,591 $171,722 $13,425
2009 $164,582 $45,617 $210,199 $15,903
2008 $173,303 $45,617 $218,920 $16,163
2007 $169,589 $44,639 $214,228 $15,962
2006 $143,656 $40,581 $184,237 $13,845

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,681 sqft
Lot size
16,117 sqft
ZIP code
60431
City
Joliet
Street
Wells Way
Coordinates
41.51767, -88.16555

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
$3,660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3409 Wells Way last sell?
3409 Wells Way most recently sold on May 3, 2022 for $610,000.
What is the current tax assessment for 3409 Wells Way?
The most recent total assessment for 3409 Wells Way (year 2024) is $179,572 with $16,845 in property tax.
How does 3409 Wells Way's assessment compare to its last sale price?
The current assessment is 70.6% below the last sale price of $610,000.
When was 3409 Wells Way built?
3409 Wells Way was built in 2003.
How does 3409 Wells Way compare to others on Wells Way?
We track 2 other properties on Wells Way. Browse the list under "Other properties on Wells Way" to compare beds, baths, and sale history.
What are the property facts for 3409 Wells Way?
3409 Wells Way is a 5 bed, 5 bath, 4,681 sqft, 16,117 sqft lot single_family.
Is 3409 Wells Way a flip candidate?
No — 3409 Wells Way does not appear in our flips dataset.
Is 3409 Wells Way a tax-appeal candidate?
No — 3409 Wells Way 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

Explore nearby

Other properties on Wells Way