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Bloomington 61701
1128 N State Street
$115,000
● House - Off Market

1128 N State Street

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
1 Bath
square feet
772 Ft²
$124,281
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Located in the middle or town not far from shopping, Ewing Manor, BJHS, and BHS. Two bedroom ranch with nicely updated kitchen with soft close drawers and beautiful backsplash. 2015 - bedroom carpets and garage roof. 2014 - new roof on house. Windows and fans have been updated. Granite counter in the bathroom.  Three window air conditioners stay with the home. The 3 seasons room with sliding doors to private patio is ready for a place to relax! Large fenced yard ready for kids or pets! The shed is sold "as is". The garage door and opener is not functioning. Tour soon so you don't miss it!
Unit Size
772 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$149
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1953

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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 #11284853)

Price History

Date / Event Date Event Price
Jan 13, 2022 Sold
Premium
Sold
Dec 10, 2021 Listed by Keller Williams Revolution $114,900
Listed by Keller Williams Revolution

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 772
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,591
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,544
  • Gross Building Area: 1,688
  • Building Area: 772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 772
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILBUR M. CARTERS EMPIRE ADD
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: WILBUR M. CARTERS EMPIRE ADD LOT 4 BLK 1

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001301

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 14-34-354-022
  • Block: 1
  • Lot: 4
  • Meridian: SEC 34 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4904
  • Longitude: -88.9768

    Address

  • Full Address: 1128 N State St
  • Address - House Number: 1128
  • Street Direction: N
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C030
  • 4-Digit Zip Code: 1959
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $204,746
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 131,434
  • High Value: 158,772
  • Low Value: 104,096

    Market Valuation

  • Market Total Value: $90,273
  • Market Land Value: $24,657
  • Market Improvement Value: $65,616

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,091
  • Assessed Land Value: $8,219
  • Assessed Improvements Value: $21,872

    Sales

  • Current Sale Contract Date: Jan 13, 2022
  • Current Sale Recording Date: Jan 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1670
  • Previous Sale Recording Date: Sep 18, 2015
  • Previous Sale Contract Date: Sep 10, 2015
  • Previous Sale Amount: $87,000
  • 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

2506 ft²

Average Home Age

61 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

Unit for rent at 1313 E Washington Street, Bloomington, IL, 61701

$2,400 /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: Bruce Dillman, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11284853
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 1128 North State Street built and last sold?
The property at 1128 North State Street was built in 1953 and last sold on Jan 13, 2022 for $115,000.
How much is this home worth?
The estimated value of the home located at 1128 North State Street is $0.
What are some comparable homes to 1128 North State Street?
There are currently no comparable homes to 1128 North State Street.
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