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Normal 61761
1003 Bull Street
$225,000
● House - Off Market

1003 Bull Street

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,172 Ft²
$181,985
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

This 4 bedroom, 2 bath ranch home, located in the desirable Savannah Green subdivision, has been beautifully updated in the last few years! Those updates include luxury vinyl flooring throughout much of the main level - kitchen remodel including new cabinets, corian countertops, and additional shelving - updated light fixtures and ceiling fans and fresh interior paint throughout much of the home - an egress window was added in the basement bedroom, a shed was added in the backyard, and additional trees were planted in the backyard for added privacy. These updates were all completed in 2018! This home also features a smart doorbell and nest thermostat that will stay with the home. Come take a look today!
Unit Size
2,172 Ft²
Days on Market
-
Land Size
-
Price per sqft
$83
Property Type
House
Property Taxes
$205
HOA Dues
$5
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11377341)

Price History

Date / Event Date Event Price
Jun 6, 2022 Sold
Premium
Sold
Apr 20, 2022 Listed by RE/MAX Rising $179,900
Listed by RE/MAX Rising

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,070
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,578
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,156
  • Building Area: 1,086
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,086
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAVANNAH GREEN SUB
  • Land Acres: 0000000128
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: SAVANNAH GREEN SUB 4TH ADD LT 161

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000109

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-22-406-011
  • Lot: 161
  • Meridian: SEC 22 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5236
  • Longitude: -88.9716

    Address

  • Full Address: 1003 Bull St
  • Address - House Number: 1003
  • Address - Street Name: Bull
  • Address - Suffix Type: St
  • State: IL
  • City Name: Normal
  • Carrier Code: R029
  • 4-Digit Zip Code: 5735
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $363,874
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 216,853
  • High Value: 257,365
  • Low Value: 176,341

    Market Valuation

  • Market Total Value: $139,521
  • Market Land Value: $26,796
  • Market Improvement Value: $112,725

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,507
  • Assessed Land Value: $8,932
  • Assessed Improvements Value: $37,575

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10387
  • Previous Sale Recording Date: May 03, 2018
  • Previous Sale Contract Date: May 02, 2018
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2057 ft²

Average Home Age

41.8 years

Currently For Sale

40 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1613 Belclare Road, Normal, IL, 61761

$2,700 /mo

  • 2 Beds
  • 3 Baths
  • 2,156 ft²
1613 Belclare Road, Normal, IL, 61761 Listing by Derrick Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Shannon Smith, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11377341
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1003 Bull Street built and last sold?
The property at 1003 Bull Street was built in 2001 and last sold on Jun 6, 2022 for $225,000.
How much is this home worth?
The estimated value of the home located at 1003 Bull Street is $186,125.
What are some comparable homes to 1003 Bull Street?
There are currently no comparable homes to 1003 Bull Street.
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