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505 Silver Falls St; Joliet, IL Property Details

505 Silver Falls St, Joliet, IL is a Single Family that was built in 2007. This property is currently Financed and is not for sale. Our records show that 505 Silver Falls St has 3 bedrooms, and 2.5 bathrooms, and a total of 1,760 square feet. The lot size of 505 Silver Falls St is 7,952 square feet.

Off market
505 Silver Falls St Joliet, IL 60431
$193,000 Listing Price
3 Beds
2.5 Baths
1,760 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2007
  • Purchase Price: $193,000
  • Open Loans / Balance: 1 / $148,244
  • Est. Equity / %: $206,756 / 58.24%
  • Gross Yield: 8.961%
  • APN: 05-06-14-403-127
  • Situs County: Will
  • Length Of Ownership: 10 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Porch Type: Open
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,760/SqFt
  • Lot: 7,952/SqFt
  • Garage: 400/SqFt
  • Living: 1,760/SqFt
  • Basement: 320/SqFt
  • Building: 1,760/SqFt
  • Garage Unfinished: 400/SqFt
  • Basement Unfinished: 320/SqFt
  • Price Per Square Foot: $109.66

Legal Description

  • Description: LOT 208 IN SILVER LEAF SUB UNIT 3, BEING A SUB OF PRT OF THE SE1/4 OF SEC 14, T35N-R9E.
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: 41.512417 / -88.165276
  • Subdivision: Silver Leaf Unit Three
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 8396
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $132
  • H O A Amount: $132
  • H O A One Frequency: Monthly
  • H O A One Name: Silver Leaf Townhome Assn
  • H O A One Type: Home Owner Association

Ownership Info

505 Silver Falls St has no associated ownership info
505 Silver Falls St has no associated ownership info.

Taxes

505 Silver Falls St has 8 associated Taxes items

505 Silver Falls St, 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 $98,492. The APN we've located for 505 Silver Falls St is 05-06-14-403-127.

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Taxes
  • Assessed Value:  $98,492
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  05-06-14-403-127
  • Assessed Land Value:  19067
  • Market Land Value:  57201
  • Market Value:  295476
  • Market Year:  2025

Tax History

505 Silver Falls St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $98,492 Land Value $19,067 Improvement Value $79,425 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $90,902 Land Value $17,598 Improvement Value $73,304 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $81,673 Land Value $15,811 Improvement Value $65,862 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $77,283 Land Value $14,961 Improvement Value $62,322 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $72,702 Land Value $14,074 Improvement Value $58,628 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $70,056 Land Value $14,074 Improvement Value $55,982 Tax Amount $5,959.9 Change Rate +0.031642% Assessed CR Tax Rate +0.085073%
Year 2019 Assessed Value $67,200 Land Value $13,500 Improvement Value $53,700 Tax Amount $5,777.1 Change Rate +0.070178% Assessed CR Tax Rate +0.085969%
Year 2018 Assessed Value $61,496 Land Value $13,500 Improvement Value $47,996 Tax Amount $5,398.26 Change Rate +0.086567% Assessed CR Tax Rate +0.087782%
Year 2017 Assessed Value $56,096 Land Value $13,500 Improvement Value $42,596 Tax Amount $4,968.18 Change Rate +0.038907% Assessed CR Tax Rate +0.088566%
Year 2016 Assessed Value $52,500 Land Value $13,500 Improvement Value $39,000 Tax Amount $4,782.12 Change Rate Assessed CR Tax Rate +0.091088%
Year 2015 Assessed Value $49,260 Land Value $12,160 Improvement Value $37,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $46,760 Land Value $12,160 Improvement Value $34,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $51,015 Land Value $12,160 Improvement Value $38,855 Tax Amount $4,307.08 Change Rate Assessed CR Tax Rate +0.084428%