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Bloomington 61704 Lakewood-Hillcrest
1308 N Hershey Road
$172,000
● House - Off Market

1308 N Hershey Road

Bloomington, IL 61704
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,164 Ft²
$177,243
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Super sharp newly remodeled 3 bedroom 2 bath ranch. Freshly painted interior, deck recently rebuilt & stained, SS appliances, all flooring new in 2022. Basement has finished family room, bath and utility room. Fenced backyard is super appealing. It backs up to the baseball field and open area owned and maintained by the school.
Unit Size
1,164 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1977

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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.

Last updated: 3 years ago (MRED MLS #11710080)

Price History

Date / Event Date Event Price
Mar 3, 2023 Sold
Premium
Sold
Jan 30, 2023 Listed by BHHS Central Illinois, REALTORS $172,000
Listed by BHHS Central Illinois, REALTORS

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 7
  • Building Quality: 7
  • 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: 6
  • Basement Area: 854
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,251
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 570
  • Total Building Area: 2,282
  • Gross Building Area: 2,282
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD ESTATES
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LAKEWOOD ESTATES LOT 3

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001106

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 14-36-301-006
  • Lot: 3
  • Meridian: SEC 36 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4949
  • Longitude: -88.943

    Address

  • Full Address: 1308 N Hershey Rd
  • Address - House Number: 1308
  • Street Direction: N
  • Address - Street Name: Hershey
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R005
  • 4-Digit Zip Code: 2372
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $309,122
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 176,620
  • High Value: 208,797
  • Low Value: 144,443

    Market Valuation

  • Market Total Value: $127,116
  • Market Land Value: $27,549
  • Market Improvement Value: $99,567

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,372
  • Assessed Land Value: $9,183
  • Assessed Improvements Value: $33,189

    Sales

  • Current Sale Contract Date: Mar 03, 2023
  • Current Sale Recording Date: Mar 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3127
  • Previous Sale Recording Date: Mar 18, 2010
  • Previous Sale Contract Date: Mar 12, 2010
  • Previous Sale Amount: $116,000
  • 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 Lakewood-Hillcrest

Stats & Trends

Median Asking:

$222,950

Sale Price/ft²

$123

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1630 ft²

Average Home Age

46.5 years

Currently For Sale

4 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: Keith Troutman, BHHS Central Illinois, REALTORS
Last Updated: 3 years ago
Data Source: MRED, MLS# 11710080
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 1308 North Hershey Road built and last sold?
The property at 1308 North Hershey Road was built in 1977 and last sold on Mar 3, 2023 for $172,000.
How much is this home worth?
The estimated value of the home located at 1308 North Hershey Road is $0.
What are some comparable homes to 1308 North Hershey Road?
There are currently no comparable homes to 1308 North Hershey Road.
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