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Bloomington 61704
1307 Longford Lane
$385,000
● House - Off Market

1307 Longford Lane

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,008 Ft²
$2,744
Est. Monthly
Unit Size
3,008 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$780
HOA Dues
-
Year Built
2007

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 637
  • Garage Type: 1
  • Garage Square Area: 691
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 105
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 10,421
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,474
  • Gross Building Area: 3,474
  • Building Area: 2,783
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,783
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GAELIC PLACE
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: GAELIC PLACE WEST SUB 1ST ADD LT 48

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 005
  • Census Tract: 001108

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-12-456-003
  • Lot: 48
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.462
  • Longitude: -88.9327

    Address

  • Full Address: 1307 Longford Ln
  • Address - House Number: 1307
  • Address - Street Name: Longford
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R038
  • 4-Digit Zip Code: 4583
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $720,198
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 390,537
  • High Value: 461,114
  • Low Value: 319,960

    Market Valuation

  • Market Total Value: $262,521
  • Market Land Value: $51,225
  • Market Improvement Value: $211,296

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,507
  • Assessed Land Value: $17,075
  • Assessed Improvements Value: $70,432

    Sales

  • Current Sale Contract Date: May 05, 2014
  • Current Sale Recording Date: Feb 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015-00002910
  • Previous Sale Recording Date: Jun 27, 2014
  • Previous Sale Contract Date: May 05, 2014
  • Previous Sale Amount: $245,500
  • 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 Bloomington

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2448 ft²

Average Home Age

59.8 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

Rentals Near You

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MRED

Listed by: Sreenivas Poondru, Brilliant Real Estate
Data Source: MRED, MLS# MRD12584253
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 1307 Longford Lane built and last sold?
The property at 1307 Longford Lane was built in 2007 and last sold on May 5, 2014 for $245,500.
How much is this home worth?
The estimated value of the home located at 1307 Longford Lane is $0.
What are some comparable homes to 1307 Longford Lane?
There are currently no comparable homes to 1307 Longford Lane.
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