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Bloomington 61704
1224 Dianne Drive
$255,000
● House - Off Market

1224 Dianne Drive

Bloomington, IL 61704
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,418 Ft²
$268,944
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Rare Find! Sprawling Ranch in East Bloomington! A grand cathedral ceiling entrance into the elegant living room and dining pair lead into an open plan kitchen and family room, including the utility room with sink. All new carpet and paint throughout, master suite, and two bedrooms up. Endless entertainment possibilities are available in the lower level including a wet bar area large enough for a pool table and seating; a wood-burning fireplace section with daylight windows, a flexible room for office or exercise, and two massive storage rooms. Professionally landscaped and conveniently located, this home is a Gem!!!
Unit Size
3,418 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$69
Property Type
House
Property Taxes
$539
HOA Dues
-
Year Built
1988

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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 #11143960)

Price History

Date / Event Date Event Price
Aug 18, 2021 Sold
Premium
Sold
Jul 9, 2021 Listed by Coldwell Banker Real Estate Group $235,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,290
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • 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: 3,717
  • Gross Building Area: 3,717
  • Building Area: 3,233
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,233
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTMOOR 1ST ADD
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 87 EASTMOOR 1ST ADD

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: 14-36-406-001
  • Lot: 87
  • Meridian: SEC 36 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4952
  • Longitude: -88.9275

    Address

  • Full Address: 1224 Dianne Dr
  • Address - House Number: 1224
  • Address - Street Name: Dianne
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R018
  • 4-Digit Zip Code: 8239
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $649,942
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 323,322
  • High Value: 381,752
  • Low Value: 264,892

    Market Valuation

  • Market Total Value: $238,668
  • Market Land Value: $39,468
  • Market Improvement Value: $199,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,556
  • Assessed Land Value: $13,156
  • Assessed Improvements Value: $66,400

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00020800
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

2452 ft²

Average Home Age

59.4 years

Currently For Sale

100 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: Leah Bond, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11143960
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 1224 Dianne Drive built and last sold?
The property at 1224 Dianne Drive was built in 1988 and last sold on Aug 18, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 1224 Dianne Drive is $0.
What are some comparable homes to 1224 Dianne Drive?
There are currently no comparable homes to 1224 Dianne Drive.
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