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Bloomington 61701
1310 Beverly Lane
$191,100
● House - Off Market

1310 Beverly Lane

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,246 Ft²
$1,156
Est. Monthly
13.49%
Cap Rate

About This Property

Pride of ownership shines in this home! Step into a spacious eat-in kitchen with stainless steel appliances, main floor laundry, and updated flooring throughout much of the main level. French doors open to a backyard oasis featuring a large deck, fire pit area, privacy fence, and no backyard neighbors-perfect for relaxing or entertaining! The shed has new siding, is insulated, and has electric, making it a fantastic workshop.
Unit Size
1,246 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1967

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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: 2 years ago (MRED MLS #12264340)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Premium
Sold
Jan 18, 2025 In contract -
In contract
Jan 13, 2025 Listed by Keller Williams Revolution $180,000
Listed by Keller Williams Revolution

Property Highlights

Building Info

Overview

    General

  • Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 5
  • Basement Area: 945
  • Garage Type: 1
  • Garage Square Area: 292
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,229
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,191
  • Gross Building Area: 2,191
  • Building Area: 954
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 954
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OWNES SUB
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: OWNES SUB LOT 7

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005800

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-10-352-005
  • Lot: 7
  • Meridian: SEC 10 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4627
  • Longitude: -88.9771

    Address

  • Full Address: 1310 Beverly Ln
  • Address - House Number: 1310
  • Address - Street Name: Beverly
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C020
  • 4-Digit Zip Code: 6931
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $300,324
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 69
  • Final Value: 163,753
  • High Value: 200,390
  • Low Value: 127,115

    Market Valuation

  • Market Total Value: $124,011
  • Market Land Value: $29,235
  • Market Improvement Value: $94,776

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,337
  • Assessed Land Value: $9,745
  • Assessed Improvements Value: $31,592

    Sales

  • Current Sale Contract Date: Oct 20, 2017
  • Current Sale Recording Date: Oct 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-00019525
  • Previous Sale Recording Date: Nov 16, 2009
  • Previous Sale Contract Date: Nov 12, 2009
  • Previous Sale Amount: $114,000
  • Previous Sale Document Type: 71

    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

45

Average Home Size

2442 ft²

Average Home Age

60.1 years

Currently For Sale

101 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 1313 E Washington Street, Bloomington, IL, 61701

$2,400 /mo

  • 5 Beds
  • 2 Baths
  • 3,525 ft²
1313 E Washington Street, Bloomington, IL, 61701 Listing by Colleen Zerebny

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ryan Leake, Keller Williams Revolution
Last Updated: 2 years ago
Data Source: MRED, MLS# 12264340
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 1310 Beverly Lane built and last sold?
The property at 1310 Beverly Lane was built in 1967 and last sold on Oct 20, 2017 for $120,000.
How much is this home worth?
The estimated value of the home located at 1310 Beverly Lane is $180,248.
What are some comparable homes to 1310 Beverly Lane?
There are currently no comparable homes to 1310 Beverly Lane.
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