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402 Ray May Dr; Joliet, IL Property Details

402 Ray May Dr, Joliet, IL is a Single Family that was built in 1957. This property is currently Financed and is not for sale. Our records show that 402 Ray May Dr has a total of 1,120 square feet. The lot size of 402 Ray May Dr is 10,614 square feet.

Off market
402 Ray May Dr Joliet, IL 60433
$56,507 Estimated Value
1,120 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1957
  • Purchase Price: $80,000
  • Open Loans / Balance: 1 / $4,273
  • Est. Equity / %: $227,727 / 98.16%
  • Gross Yield: 10.366%
  • APN: 30-07-13-310-002
  • Situs County: Will
  • Length Of Ownership: 29 years, 6 months

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,120/SqFt
  • Lot: 10,614/SqFt
  • Gross: 1,120/SqFt
  • Garage: 528/SqFt
  • Living: 1,120/SqFt
  • Basement: 1,120/SqFt
  • Building: 1,120/SqFt
  • Ground: 1,120/SqFt
  • Garage Unfinished: 528/SqFt
  • Basement Unfinished: 1,120/SqFt
  • Price Per Square Foot: $71.43

Legal Description

  • Description: LOT 11 IN RAYMAY SUB, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 OF SEC 13, T35N-R10E.
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Joliet Township High School District 204
  • Lat / Lon: 41.517513 / -88.03691
  • Subdivision: Ray May
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2148
  • Garage: Garage
  • Parking: 2

HOA

  • H O A One Type: Home Owner Association

Ownership Info

402 Ray May Dr has no associated ownership info
402 Ray May Dr has no associated ownership info.

Taxes

402 Ray May Dr has 10 associated Taxes items

402 Ray May Dr, Joliet, IL pays taxes in Will County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $56,507. The APN we've located for 402 Ray May Dr is 30-07-13-310-002.

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Taxes
  • Assessed Value:  $56,507
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-13-310-002
  • Assessed Land Value:  10355
  • Market Land Value:  31065
  • Tax Amount:  3241.42
  • Tax Year:  2025
  • Market Value:  169521
  • Market Year:  2025

Tax History

402 Ray May Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $56,507 Land Value $10,355 Improvement Value $46,152 Tax Amount $3,241.42 Change Rate Assessed CR Tax Rate +0.057363%
Year 2024 Assessed Value $51,699 Land Value $9,474 Improvement Value $42,225 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $45,935 Land Value $8,418 Improvement Value $37,517 Tax Amount $2,687.12 Change Rate -0.060828% Assessed CR Tax Rate +0.058498%
Year 2022 Assessed Value $41,552 Land Value $7,615 Improvement Value $33,937 Tax Amount $2,861.16 Change Rate +0.768462% Assessed CR Tax Rate +0.068857%
Year 2021 Assessed Value $38,808 Land Value $7,112 Improvement Value $31,696 Tax Amount $1,617.88 Change Rate -0.005789% Assessed CR Tax Rate +0.041689%
Year 2020 Assessed Value $36,855 Land Value $6,754 Improvement Value $30,101 Tax Amount $1,627.3 Change Rate -0.012069% Assessed CR Tax Rate +0.044154%
Year 2019 Assessed Value $34,252 Land Value $6,277 Improvement Value $27,975 Tax Amount $1,647.18 Change Rate -0.039512% Assessed CR Tax Rate +0.04809%
Year 2018 Assessed Value $30,717 Land Value $5,611 Improvement Value $25,106 Tax Amount $1,714.94 Change Rate -0.041505% Assessed CR Tax Rate +0.05583%
Year 2017 Assessed Value $27,927 Land Value $5,101 Improvement Value $22,826 Tax Amount $1,789.2 Change Rate +0.1736% Assessed CR Tax Rate +0.064067%
Year 2016 Assessed Value $24,834 Land Value $4,662 Improvement Value $20,172 Tax Amount $1,524.54 Change Rate Assessed CR Tax Rate +0.061389%
Year 2015 Assessed Value $22,450 Land Value $4,400 Improvement Value $18,050 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $22,350 Land Value $4,400 Improvement Value $17,950 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $23,531 Land Value $4,913 Improvement Value $18,618 Tax Amount $1,329.2 Change Rate Assessed CR Tax Rate +0.056487%