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Normal 61761
1106 Kings Mill Road
$310,000
● House - Off Market

1106 Kings Mill Road

Normal, IL 61761
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,286 Ft²
$281,348
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Calling all Chip and Joanna fans! You are going to love this well maintained 4 bed 3.5 bath home in Pinehurst subdivision with countless updates throughout.  Updates in the last 2 years include new cabinets, counters, and appliances in the kitchen, updated half and hall bath, and a complete remodel of the primary bathroom. The basement is perfect for entertaining with a large living area and kitchenette complete with cabinets, bar, and a full size refrigerator!  You will not want to miss this one!
Unit Size
2,286 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1995

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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 #11412944)

Price History

Date / Event Date Event Price
Jul 21, 2022 Sold
Premium
Sold
May 24, 2022 Listed by RE/MAX Rising $275,000
Listed by RE/MAX Rising

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 969
  • Garage Type: 7
  • Garage Square Area: 456
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,651
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,935
  • Building Area: 1,966
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,966
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEHURST SUB
  • Land Acres: 0000000153
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 62 PINEHURST SUB 1ST ADD

Neighborhood

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

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-22-254-008
  • Lot: 62
  • Meridian: SEC 22 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5264
  • Longitude: -88.9695

    Address

  • Full Address: 1106 Kings Mill Rd
  • Address - House Number: 1106
  • Address - Street Name: Kings Mill
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Normal
  • Carrier Code: R043
  • 4-Digit Zip Code: 4867
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $551,386
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 278,537
  • High Value: 303,612
  • Low Value: 253,463

    Market Valuation

  • Market Total Value: $202,143
  • Market Land Value: $37,542
  • Market Improvement Value: $164,601

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,381
  • Assessed Land Value: $12,514
  • Assessed Improvements Value: $54,867

    Sales

  • Current Sale Contract Date: Jun 27, 2013
  • Current Sale Recording Date: Jul 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013-00017102
  • Previous Sale Recording Date: Aug 06, 2012
  • Previous Sale Contract Date: Jul 24, 2012
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$277,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2062 ft²

Average Home Age

42.8 years

Currently For Sale

45 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

$3,000 /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: Rhendy Bradshaw, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11412944
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 1106 Kings Mill Road built and last sold?
The property at 1106 Kings Mill Road was built in 1995 and last sold on Jun 27, 2013 for $182,000.
How much is this home worth?
The estimated value of the home located at 1106 Kings Mill Road is $278,346.
What are some comparable homes to 1106 Kings Mill Road?
There are currently no comparable homes to 1106 Kings Mill Road.
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