Large Location Icon

407 Ray May Dr; Joliet, IL Property Details

407 Ray May Dr, Joliet, IL is a Single Family that was built in 1956. This property is currently a cash purchase and is not for sale. Our records show that 407 Ray May Dr has 3 bedrooms, and 1 bathroom, and a total of 1,380 square feet. The lot size of 407 Ray May Dr is 10,638 square feet.

Off market
407 Ray May Dr Joliet, IL 60433
$140,000 Listing Price
3 Beds
1 Baths
1,380 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $140,000
  • Open Loans / Balance: 1 / $109,004
  • Est. Equity / %: $122,996 / 53.02%
  • Gross Yield: 12.584%
  • APN: 30-07-13-309-004
  • Situs County: Will
  • Length Of Ownership: 10 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 1,380/SqFt
  • Lot: 10,638/SqFt
  • Gross: 1,380/SqFt
  • Garage: 1,085/SqFt
  • Living: 1,380/SqFt
  • Basement: 1,020/SqFt
  • Building: 1,380/SqFt
  • Ground: 1,380/SqFt
  • Garage Unfinished: 440/SqFt
  • Basement Unfinished: 1,020/SqFt
  • Price Per Square Foot: $101.45

Legal Description

  • Description: LOT 4 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: 41.517174 / -88.03754
  • Subdivision: Raymay
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2147
  • Cooling: Central
  • Garage: Garage
  • Parking: 4

Ownership Info

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

Taxes

407 Ray May Dr has 10 associated Taxes items

407 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 $68,599. The APN we've located for 407 Ray May Dr is 30-07-13-309-004.

Unlock the full report
Taxes
  • Assessed Value:  $68,599
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-13-309-004
  • Assessed Land Value:  10355
  • Market Land Value:  31065
  • Tax Amount:  4770.66
  • Tax Year:  2025
  • Market Value:  205797
  • Market Year:  2025

Tax History

407 Ray May Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $68,599 Land Value $10,355 Improvement Value $58,244 Tax Amount $4,770.66 Change Rate Assessed CR Tax Rate +0.069544%
Year 2024 Assessed Value $62,762 Land Value $9,474 Improvement Value $53,288 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $55,764 Land Value $8,418 Improvement Value $47,346 Tax Amount $3,882.12 Change Rate +0.037146% Assessed CR Tax Rate +0.069617%
Year 2022 Assessed Value $50,443 Land Value $7,615 Improvement Value $42,828 Tax Amount $3,743.08 Change Rate +0.069311% Assessed CR Tax Rate +0.074204%
Year 2021 Assessed Value $47,112 Land Value $7,112 Improvement Value $40,000 Tax Amount $3,500.46 Change Rate +0.061653% Assessed CR Tax Rate +0.074301%
Year 2020 Assessed Value $40,931 Land Value $6,754 Improvement Value $34,177 Tax Amount $3,297.18 Change Rate +0.07837% Assessed CR Tax Rate +0.080555%
Year 2019 Assessed Value $38,040 Land Value $6,277 Improvement Value $31,763 Tax Amount $3,057.56 Change Rate +0.096395% Assessed CR Tax Rate +0.080377%
Year 2018 Assessed Value $34,106 Land Value $5,611 Improvement Value $28,495 Tax Amount $2,788.74 Change Rate +0.078157% Assessed CR Tax Rate +0.081767%
Year 2017 Assessed Value $31,008 Land Value $5,101 Improvement Value $25,907 Tax Amount $2,586.58 Change Rate +0.114214% Assessed CR Tax Rate +0.083417%
Year 2016 Assessed Value $27,551 Land Value $4,662 Improvement Value $22,889 Tax Amount $2,321.44 Change Rate Assessed CR Tax Rate +0.08426%
Year 2015 Assessed Value $24,850 Land Value $4,400 Improvement Value $20,450 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $24,750 Land Value $4,400 Improvement Value $20,350 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $25,988 Land Value $4,913 Improvement Value $21,075 Tax Amount $2,070.36 Change Rate Assessed CR Tax Rate +0.079666%