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Normal 61761
106 Marie Way
$252,000
● House - Off Market

106 Marie Way

Normal, IL 61761
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,876 Ft²
$242,969
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Meticulously maintained home in desirable Pleasant Hills with an inground pool! Newer 2-tiered Trex deck to enjoy entertaining this summer or the shade in the front yard with beautiful trees. The front porch was extended to make the foyer a larger entryway.  4 nice size bedrooms with 2 1/2 baths (Jacuzzi tub). Closet organizers in all bedrooms. Kitchen cabinets has been updated with granite counter tops and a pantry in the hallway. Wonderful 6-panel doors throughout home.  Family room has been opened up for great space with wood-burning fireplace. You will love the lower-level oversized laundry room with laundry sink and great storage closets! Washer and Dryer stays, and so does the generac! Don't miss out on this one!!!
Unit Size
2,876 Ft²
Days on Market
-
Land Size
-
Price per sqft
$82
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1968

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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 #11456727)

Price History

Date / Event Date Event Price
Aug 26, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by Coldwell Banker Real Estate Group $235,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,350
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,576
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,788
  • Building Area: 1,438
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,438
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLEASANT HILL
  • Land Acres: 0000000243
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: 6TH ADD PLEASANT HILL SUB LOT 267

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000502

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-27-426-004
  • Lot: 267
  • Meridian: SEC 27 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5088
  • Longitude: -88.9672

    Address

  • Full Address: 106 Marie Way
  • Address - House Number: 106
  • Address - Street Name: Marie
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Normal
  • Carrier Code: C052
  • 4-Digit Zip Code: 3220
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $500,480
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 257,175
  • High Value: 304,538
  • Low Value: 209,812

    Market Valuation

  • Market Total Value: $200,142
  • Market Land Value: $33,882
  • Market Improvement Value: $166,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,714
  • Assessed Land Value: $11,294
  • Assessed Improvements Value: $55,420

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Sep 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15742
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

$121

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2149 ft²

Average Home Age

40.7 years

Currently For Sale

42 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
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: Bev Virgil, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11456727
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 106 Marie Way built and last sold?
The property at 106 Marie Way was built in 1968 and last sold on Aug 16, 2022 for $252,000.
How much is this home worth?
The estimated value of the home located at 106 Marie Way is $0.
What are some comparable homes to 106 Marie Way?
There are currently no comparable homes to 106 Marie Way.
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