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Normal 61761
1246 Silver Oak Circle
$629,900
● House - Off Market

1246 Silver Oak Circle

Normal, IL 61761
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,983 Ft²
$3,127
Est. Monthly
$33
HOA / Fees
2.41%
Cap Rate

About This Property

Welcome to Trunk Bay!!    This beautiful new Trunk Bay ranch home in Silver Oak has it all.  Large open floorplan with custom designed kitchen that is perfect for the chef in you life. Notice the rich colors and double water fall island that is the heart of this kitchen.  There is a large walk in pantry also!! Rich warm colors accentuate this home throughout it's 4 bedroom, 3 full baths; including finished basement.  Spring has sprung!!  Enjoy your fully sodded yard and irrigated lawn as you lounge on your covered back patio which is accessed via 4 panel slider.  The large open backyard has no backyard neighbors...a real plus!!!   We hope you enjoy your tour!!
Unit Size
2,983 Ft²
Days on Market
-
Land Size
-
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
$33
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 #11744675)

Price History

Date / Event Date Event Price
Jan 11, 2024 Sold
Premium
Sold
Mar 24, 2023 Listed by Coldwell Banker Real Estate Group $629,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

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: 13,503
  • 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: V
  • Subdivision: SILVER OAK ESTATES
  • Land Acres: 0000000310
  • Standard Land Use Code: 8010
  • County Land Use Code: 0032
  • Legal Description 1: SILVER OAK ESTATES SUB 1ST ADD LOT 33

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 005102

Geography

  • District: 26
  • Parcel: 15-19-103-009
  • Lot: 33
  • Municipality: TOWANDA
  • Latitude: 40.5295
  • Longitude: -88.9188

    Address

  • Full Address: 1246 Silver Oak Cir
  • Address - House Number: 1246
  • Address - Street Name: Silver Oak
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Normal
  • Carrier Code: R042
  • 4-Digit Zip Code: 9401
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,910
  • Tax Rate Code Area: 2615

    Market Valuation

  • Market Total Value: $9,753
  • Market Land Value: $9,753

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,251
  • Assessed Land Value: $3,251

    Sales

  • Current Sale Contract Date: Dec 20, 2013
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 742
  • Previous Sale Recording Date: Jan 31, 2022
  • Previous Sale Contract Date: Jan 20, 2022
  • Previous Sale Amount: $363,000
  • 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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2149 ft²

Average Home Age

40.7 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

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MRED

Listed by: Marty Trunk, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11744675
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 1246 Silver Oak Circle built and last sold?
The property at 1246 Silver Oak Circle was built in and last sold on Dec 20, 2013 for $630,000.
How much is this home worth?
The estimated value of the home located at 1246 Silver Oak Circle is $0.
What are some comparable homes to 1246 Silver Oak Circle?
There are currently no comparable homes to 1246 Silver Oak Circle.
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