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Bloomington 61701 South Oakland
1201 Bunn Street
$155,000
● House - Off Market

1201 Bunn Street

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,372 Ft²
$172,725
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Look at this Adorable 2 bedroom, 1 1/2 Bath home with many updates! Enter the front door and see the trayed ceilings with beautiful up-lighting in the living room and dining room. Check out the updated kitchen, updated bathroom, and  updated flooring throughout.  There is also an oversized 2-car garage, a beautiful, huge covered deck, for entertaining, over-looking the private yard with a privacy fence, and a paver patio around the firepit. . Close to parks, and schools... this house is move-in ready! Make your appointment to see it now!!
Unit Size
2,372 Ft²
Days on Market
-
Land Size
-
Price per sqft
$65
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1960

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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 #11243837)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Oct 14, 2021 Listed by RE/MAX Choice $154,900
Listed by RE/MAX Choice

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 150
  • Floor Cover: 15
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 13,158
  • Lot Size Depth Feet: 1,630
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,432
  • Gross Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GEO W PARKS ADD
  • Land Acres: 0000000302
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: GEO W PARKS ADD LOT 1 & N1/2 LOT 2

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005900

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-09-282-011
  • Lot: 1,2
  • Meridian: SEC 09 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4687
  • Longitude: -88.9821

    Address

  • Full Address: 1201 Bunn St
  • Address - House Number: 1201
  • Address - Street Name: Bunn
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C010
  • 4-Digit Zip Code: 6916
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $308,076
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 168,878
  • High Value: 204,005
  • Low Value: 133,751

    Market Valuation

  • Market Total Value: $126,747
  • Market Land Value: $30,270
  • Market Improvement Value: $96,477

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,249
  • Assessed Land Value: $10,090
  • Assessed Improvements Value: $32,159

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00028638
  • Previous Sale Recording Date: Aug 04, 2016
  • Previous Sale Contract Date: Aug 01, 2016
  • Previous Sale Amount: $124,500
  • 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 South Oakland

Stats & Trends

Median Asking:

$139,450

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

51

Average Home Size

1921 ft²

Average Home Age

89.7 years

Currently For Sale

3 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: Jay Ricketts, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11243837
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 1201 Bunn Street built and last sold?
The property at 1201 Bunn Street was built in 1960 and last sold on Nov 30, 2021 for $155,000.
How much is this home worth?
The estimated value of the home located at 1201 Bunn Street is $0.
What are some comparable homes to 1201 Bunn Street?
There are currently no comparable homes to 1201 Bunn Street.
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