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Bloomington 61704
112 Lucern Drive
$265,000
● House - Off Market

112 Lucern Drive

Bloomington, IL 61704
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,646 Ft²
$240,302
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Updated and sharp two story home in Waterford Estates. Open and bright functional floor plan. Beautifully updated kitchen with SS appliances and white cabinetry open to a spacious family room with fireplace and LVP flooring. Large primary suite features a garden tub, double vanity and a walk in closet. Two additional bedrooms up, each with walk in closets. Full partially finished basement with large family room and 4th bedroom and full bathroom. Oversized fully fenced yard, patio and professional landscaping.Recent updates include but not limited to: Newer flooring 2018, fireplace tile 2018, kitchen cabinets and flooring 2020, basement bathroom renovation 2018, new patio 2021, new roof 2016, sump pump 2018, new dishwasher 2021, newer garage door. *Information deemed reliable but not guaranteed*
Unit Size
2,646 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$91
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1998

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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 #11766000)

Price History

Date / Event Date Event Price
Jun 9, 2023 Sold
Premium
Sold
Apr 23, 2023 Listed by Coldwell Banker Real Estate Group $239,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,220
  • Gross Building Area: 2,220
  • Building Area: 1,740
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERFORD ESTATES
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 42 WATERFORD ESTATES 1ST ADD

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001103

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 21-01-476-040
  • Lot: 42
  • Meridian: SEC 01 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.476
  • Longitude: -88.927

    Address

  • Full Address: 112 Lucern Dr
  • Address - House Number: 112
  • Address - Street Name: Lucern
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R035
  • 4-Digit Zip Code: 4824
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $457,230
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 246,999
  • High Value: 295,283
  • Low Value: 198,716

    Market Valuation

  • Market Total Value: $179,397
  • Market Land Value: $46,644
  • Market Improvement Value: $132,753

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,799
  • Assessed Land Value: $15,548
  • Assessed Improvements Value: $44,251

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7705
  • Previous Sale Recording Date: Dec 03, 2014
  • Previous Sale Contract Date: Nov 14, 2014
  • Previous Sale Amount: $171,000
  • 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 Bloomington

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2443 ft²

Average Home Age

59.3 years

Currently For Sale

101 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 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,900 /mo

  • 4 Beds
  • 2 Baths
  • 3,196 ft²
3125 Old Jamestown Road, Bloomington, IL, 61704 Listing by Reshma Shah

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Taylor Hoffman, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11766000
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 112 Lucern Drive built and last sold?
The property at 112 Lucern Drive was built in 1998 and last sold on Jun 9, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 112 Lucern Drive is $0.
What are some comparable homes to 112 Lucern Drive?
There are currently no comparable homes to 112 Lucern Drive.
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