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Bloomington 61704
1209 Kenneth Drive
$199,000
● House - Off Market

1209 Kenneth Drive

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,114 Ft²
$226,926
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Great East Side Location, Close to 3 Parks and Restaurants! Screened  in Porch, All Appliances Stay! Kitchen Cabinets, Flooring, Appliances, and Patio Door all Upgraded in 2013. New Windows in 2011. Furnace (96% efficiency and A/C 16 SEEER) and Air Replaced in 2014. Hall Bath Remodeled in 2017, Water Heater in 2018, Washer in 18 and Dryer in 17. New Garage Door in 2013, Roof Replaced in 2007 With 30 Year Architectural Shingles.
Unit Size
2,114 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$95
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1989

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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 #11178871)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by RE/MAX Choice $199,900
Listed by RE/MAX Choice

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • 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: 6
  • Basement Area: 1,043
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,764
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 840
  • Total Building Area: 3,598
  • Gross Building Area: 3,598
  • Building Area: 2,842
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,842
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTMOOR SUB
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 2ND ADD TO EASTMOOR SUB LOT 129

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001105

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 14-36-406-021
  • Lot: 129
  • Meridian: SEC 36 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4934
  • Longitude: -88.928

    Address

  • Full Address: 1209 Kenneth Dr
  • Address - House Number: 1209
  • Address - Street Name: Kenneth
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R018
  • 4-Digit Zip Code: 2586
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $573,246
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 274,368
  • High Value: 324,651
  • Low Value: 224,084

    Market Valuation

  • Market Total Value: $212,628
  • Market Land Value: $39,489
  • Market Improvement Value: $173,139

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,876
  • Assessed Land Value: $13,163
  • Assessed Improvements Value: $57,713

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00024107

    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

Unit for rent at 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,850 /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: Ken Hoffacker, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11178871
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 1209 Kenneth Drive built and last sold?
The property at 1209 Kenneth Drive was built in 1989 and last sold on Aug 23, 2021 for $199,000.
How much is this home worth?
The estimated value of the home located at 1209 Kenneth Drive is $0.
What are some comparable homes to 1209 Kenneth Drive?
There are currently no comparable homes to 1209 Kenneth Drive.
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