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Bloomington 61704
1212 Kim Drive
$225,000
● House - Off Market

1212 Kim Drive

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,411 Ft²
$1,619
Est. Monthly
12.80%
Cap Rate

About This Property

This 4-bedroom, 2-bathroom bi-level home in the Eastmoor subdivision offers a flexible layout - with two full levels of living space, there's plenty of room for everyone to spread out comfortably.  Enjoy a spacious eat-in kitchen and dining combo featuring a breakfast bar and sleek stainless steel appliances. Step out onto the large deck that overlooks a fully fenced backyard-perfect for gatherings, pets, or simply relaxing outdoors. The lower level contains a large family room with fireplace (as-is) and wet bar.  2-car attached garage. Large, bright laundry room. Radon mitigation system in place. Located in Unit 5 school district and close to parks, shopping, and dining.  Plenty of space, practical features, and a layout that adapts to your needs-schedule your showing today!
Unit Size
2,411 Ft²
Days on Market
-
Land Size
-
Price per sqft
$100
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1982

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 100
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 956
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,751
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 840
  • Total Building Area: 2,713
  • Gross Building Area: 2,713
  • Building Area: 2,230
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,230
  • 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: EASTMOOR SUB LOT 41

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: 14-36-403-021
  • Lot: 41
  • Meridian: SEC 36 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4939
  • Longitude: -88.9255

    Address

  • Full Address: 1212 Kim Dr
  • Address - House Number: 1212
  • Address - Street Name: Kim
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R018
  • 4-Digit Zip Code: 2511
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $473,788
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 253,483
  • High Value: 299,939
  • Low Value: 207,027

    Market Valuation

  • Market Total Value: $178,860
  • Market Land Value: $39,468
  • Market Improvement Value: $139,392

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,620
  • Assessed Land Value: $13,156
  • Assessed Improvements Value: $46,464

    Sales

  • Current Sale Contract Date: Sep 05, 2019
  • Current Sale Recording Date: Sep 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019-00014426
  • Previous Sale Recording Date: Nov 05, 2015
  • Previous Sale Contract Date: Oct 30, 2015
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 71

    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:

$262,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2482 ft²

Average Home Age

60.3 years

Currently For Sale

101 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

$2,900 /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: Dawn Peters, Keller Williams Revolution
Data Source: MRED, MLS# MRD12422973
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 1212 Kim Drive built and last sold?
The property at 1212 Kim Drive was built in 1982 and last sold on Sep 5, 2019 for $162,000.
How much is this home worth?
The estimated value of the home located at 1212 Kim Drive is $0.
What are some comparable homes to 1212 Kim Drive?
There are currently no comparable homes to 1212 Kim Drive.
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