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Bloomington 61704
1309 Broad Creek Road
$390,000
● House - Off Market

1309 Broad Creek Road

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,792 Ft²
$2,576
Est. Monthly
6.90%
Cap Rate
Unit Size
3,792 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$102
Property Type
House
Property Taxes
$685
HOA Dues
-
Year Built
1999

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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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 1
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,000
  • Garage Type: 1
  • Garage Square Area: 837
  • Parking Space Count: 3
  • Patio Type: 55
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,520
  • Total Building Area: 4,256
  • Gross Building Area: 4,256
  • Building Area: 3,419
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,419
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLDEN EAGLE 1ST ADD
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: GOLDEN EAGLE 1ST ADD LOT 213

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 005104

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 15-31-179-001
  • Lot: 213
  • Meridian: SEC 31 TWN 24N RNG 03E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4991
  • Longitude: -88.9136

    Address

  • Full Address: 1309 Broad Creek Rd
  • Address - House Number: 1309
  • Address - Street Name: Broad Creek
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R036
  • 4-Digit Zip Code: 8531
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $760,332
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 378,528
  • High Value: 446,369
  • Low Value: 310,688

    Market Valuation

  • Market Total Value: $276,147
  • Market Land Value: $57,672
  • Market Improvement Value: $218,475

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,049
  • Assessed Land Value: $19,224
  • Assessed Improvements Value: $72,825

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Jan 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00000779
  • Previous Sale Recording Date: Oct 16, 2020
  • Previous Sale Contract Date: Oct 06, 2020
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: 64

    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:

$260,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2478 ft²

Average Home Age

58.9 years

Currently For Sale

110 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

$2,850 /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: Julie Duncan, BHHS Central Illinois, REALTORS
Data Source: MRED, MLS# MRD12351417
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 1309 Broad Creek Road built and last sold?
The property at 1309 Broad Creek Road was built in 1999 and last sold on Dec 28, 2020 for $285,000.
How much is this home worth?
The estimated value of the home located at 1309 Broad Creek Road is $0.
What are some comparable homes to 1309 Broad Creek Road?
There are currently no comparable homes to 1309 Broad Creek Road.
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