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Bloomington 61701 South Hill
1009 Wright Street
$140,000
● House - Off Market

1009 Wright Street

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,156 Ft²
$144,748
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Are you looking for something to house your RV, Boat, multiple cars, collectibles, antiques... This one's for you!!!  HUGE 3+ car heated garage (25x37).  This 2 bedroom home has many updates and is ready for new owners.  Main floor features a spacious family room, Recently remodeled kitchen, main floor bedroom and updated full bathroom with a recently tiled shower.  Finished attic offers second bedroom. Unfinished basement with ample storage space and laundry. Water heater 2020, HVAC 2012. Must See!
Unit Size
2,156 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$65
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1925

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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 #11451692)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Premium
Sold
Jun 30, 2022 Listed by Keller Williams Revolution $140,000
Listed by Keller Williams Revolution

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,530
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,276
  • Gross Building Area: 1,276
  • Building Area: 1,276
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCCLUNS 2ND ADD
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: J.E. MCCLUNS 2ND ADD LOT 5 BLK 2

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005900

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-09-251-005
  • Block: 2
  • Lot: 5
  • Meridian: SEC 09 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4689
  • Longitude: -88.9914

    Address

  • Full Address: 1009 Wright St
  • Address - House Number: 1009
  • Address - Street Name: Wright
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C026
  • 4-Digit Zip Code: 6743
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $286,396
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 69
  • Final Value: 152,981
  • High Value: 187,209
  • Low Value: 118,754

    Market Valuation

  • Market Total Value: $119,094
  • Market Land Value: $23,484
  • Market Improvement Value: $95,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,698
  • Assessed Land Value: $7,828
  • Assessed Improvements Value: $31,870

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Aug 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15001
  • Previous Sale Recording Date: Apr 19, 2018
  • Previous Sale Contract Date: Apr 13, 2018
  • Previous Sale Amount: $92,500
  • 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 South Hill

Stats & Trends

Median Asking:

$159,900

Sale Price/ft²

$104

Below Asking

0.03%

Average Days on Market

41

Average Home Size

966 ft²

Average Home Age

124 years

Currently For Sale

3 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 1313 E Washington Street, Bloomington, IL, 61701

$2,700 /mo

  • 5 Beds
  • 2 Baths
  • 3,525 ft²
1313 E Washington Street, Bloomington, IL, 61701 Listing by Colleen Zerebny
Unit for rent at 612 1/2 E Chestnut Street, Bloomington, IL, 61701

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
612 1/2 E Chestnut Street #2, Bloomington, IL, 61701 Listing by Tracy Haas Riley

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Seth Couillard, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11451692
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 1009 Wright Street built and last sold?
The property at 1009 Wright Street was built in 1925 and last sold on Aug 11, 2022 for $140,000.
How much is this home worth?
The estimated value of the home located at 1009 Wright Street is $0.
What are some comparable homes to 1009 Wright Street?
There are currently no comparable homes to 1009 Wright Street.
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