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Bloomington 61701
1127 Barker Street
$124,500
● House - Off Market

1127 Barker Street

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,044 Ft²
$135,510
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Updated and remodeled bungalow ready to move in and enjoy the holidays!  Double lot, with newer vinyl siding (14), Mohr windows (09), roof (12), kitchen (09), front porch (16), bathroom (12), updated electric (12).  Three car detached garage 32x30 with 8 ft. doors built in 2016 with 200 amp service, gas is run to it and new heater is being left for the buyer to hook up.  Basement has dewatering system.  OT1 is an enclosed back porch, which has a cellar door (2nd entrance) to the basement. Yard is fenced other than one small section by the northwest side of the garage. A wonderfully updated home and very tastefully done. Two new walls have been installed in the basement.
Unit Size
1,044 Ft²
Days on Market
-
Land Size
-
Price per sqft
$118
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
-

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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 #11238147)

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold
Premium
Sold
Oct 5, 2021 Listed by Coldwell Banker Real Estate Group $123,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 4,144
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 450
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PARKVIEW SUB
  • Land Acres: 0000000950
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: PARKVIEW SUB PT 8-23-2E (EX E38.9) LOT 109

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001404

Geography

  • District: 40
  • Parcel: 21-08-251-022
  • Lot: 109
  • Meridian: SEC 08 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4678
  • Longitude: -89.0111

    Address

  • Full Address: 1127 Barker St
  • Address - House Number: 1127
  • Address - Street Name: Barker
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C015
  • 4-Digit Zip Code: 6326
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,538
  • Tax Rate Code Area: 4007

    Market Valuation

  • Market Total Value: $5,013
  • Market Land Value: $5,013

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,671
  • Assessed Land Value: $1,671

    Sales

  • Current Sale Contract Date: Feb 20, 2018
  • Current Sale Recording Date: Feb 26, 2018
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-00003162

    Financing

  • First Mortgage Financing Type: FIX
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:

$261,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2450 ft²

Average Home Age

60.6 years

Currently For Sale

99 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

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MRED

Listed by: Steve Sovereign, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11238147
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 1127 Barker Street built and last sold?
The property at 1127 Barker Street was built in and last sold on Feb 20, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 1127 Barker Street is $124,266.
What are some comparable homes to 1127 Barker Street?
There are currently no comparable homes to 1127 Barker Street.
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