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Normal 61761
1200 Ironwood CC Drive
$385,000
● House - Off Market

1200 Ironwood CC Drive

Normal, IL 61761
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,144 Ft²
$368,208
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Nice 5/6 Bedroom, 3 1/2 Bath home on the big lake in Ironwood with walk out basement. Lots of cathedral and lofted ceilings, hardwoods just refinished, lots of Crown mold, Irrigation system, 3 car garage, whole house Vac, Beamed ceiling in Living room with see through fireplace into the large kitchen with granite tops, SS appliances, Island and big pantry. Full finished basement with family room that walks out to patio with hot tub, bedroom with walk in, office and full bath. Formal paneled dining room, Large master with 2 walk ins and updated bath with tiled dual head shower, and trayed ceiling. 3 more large bedrooms and remodeled bath. One bedroom with study area. No back yard neighbors just look out over the beautiful lake in back yard!
Unit Size
4,144 Ft²
Days on Market
-
Land Size
-
Price per sqft
$87
Property Type
House
Property Taxes
-
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 #11424078)

Price History

Date / Event Date Event Price
Jul 29, 2022 Sold
Premium
Sold
Jun 2, 2022 Listed by Coldwell Banker Real Estate Group $359,900
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

    Dimensions

  • Lot Size Square Feet: 0
  • 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: R
  • Subdivision: 2ND ADD IRONWOOD COUNTRY CLUB
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: 2ND ADD TO IRONWOOD COUNTRY CLUB LOT 131

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000105

Geography

  • District: 30
  • Parcel: 14-14-102-006
  • Lot: 131
  • Municipality: NORMAL
  • Latitude: 40.5451
  • Longitude: -88.9604

    Address

  • Full Address: 1200 Ironwood Cc Dr
  • Address - House Number: 1200
  • Address - Street Name: Ironwood Cc
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Normal
  • Carrier Code: R026
  • 4-Digit Zip Code: 5231
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $376,020
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1524
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 433,202
  • High Value: 499,262
  • Low Value: 367,143

    Market Valuation

  • Market Total Value: $344,583
  • Market Land Value: $67,395
  • Market Improvement Value: $277,188

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $114,861
  • Assessed Land Value: $22,465
  • Assessed Improvements Value: $92,396

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14123
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:

$274,950

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2220 ft²

Average Home Age

36 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Haeffele, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11424078
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 1200 Ironwood Cc Drive built and last sold?
The property at 1200 Ironwood Cc Drive was built in and last sold on Jul 29, 2022 for $389,000.
How much is this home worth?
The estimated value of the home located at 1200 Ironwood Cc Drive is $373,853.
What are some comparable homes to 1200 Ironwood Cc Drive?
There are currently no comparable homes to 1200 Ironwood Cc Drive.
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