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Bloomington 61701
1312 Beverly Lane
$165,000
● House - Off Market

1312 Beverly Lane

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$1,039
Est. Monthly
7.79%
Cap Rate

About This Property

This Fantastic  3 bedroom 1 Car Garage Ranch is perfectly situated close to all things Bloomington Normal . Roomy Living Room , Full Bath, Kitchen,  Laundry, and 3 Bedrooms Round out the Main Floor Area. Wonderful neutral colors throughout. Just out the Back Entry is an Unexpected treat ~ A covered Screened in Patio~ perfect for relaxing. Fenced In Back Yard with no homes behind. Lovely stone bricks surround back patio.   Cozy neighborhood and easy to keep up home. Do not miss seeing this one... Updated in 2023~ dishwasher, water heater, washer/dryer, furnace .. Updated in 2021 Luxury Vinyl planks and screened Pergola... The Roof is being replaced and should be completed in the next few weeks .
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1960

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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 #12048784)

Price History

Date / Event Date Event Price
Jul 12, 2024 Sold
Premium
Sold
May 29, 2024 Listed by RE/MAX Choice $165,000
Listed by RE/MAX Choice

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • 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: 5
  • Basement Area: 857
  • Garage Type: 1
  • Garage Square Area: 289
  • Parking Space Count: 1
  • Patio Type: 0
  • 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: 2,035
  • Gross Building Area: 2,035
  • Building Area: 889
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 889
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OWENS SUB
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: OWENS SUB LOT 6

Neighborhood

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

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-10-352-006
  • Lot: 6
  • Meridian: SEC 10 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4625
  • Longitude: -88.9772

    Address

  • Full Address: 1312 Beverly Ln
  • Address - House Number: 1312
  • 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: $252,536
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 140,741
  • High Value: 170,015
  • Low Value: 111,466

    Market Valuation

  • Market Total Value: $107,142
  • Market Land Value: $29,235
  • Market Improvement Value: $77,907

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,714
  • Assessed Land Value: $9,745
  • Assessed Improvements Value: $25,969

    Sales

  • Current Sale Contract Date: Apr 28, 2011
  • Current Sale Recording Date: May 02, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2011-00010170
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

2452 ft²

Average Home Age

59.4 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

Unit for rent at 612 1/2 E Chestnut Street, Bloomington, IL, 61701

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
612 1/2 E Chestnut Street #2, Bloomington, IL, 61701 Listing by Tracy Haas Riley

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Roxanne Hartrich, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 12048784
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 1312 Beverly Lane built and last sold?
The property at 1312 Beverly Lane was built in 1960 and last sold on Apr 28, 2011 for $95,000.
How much is this home worth?
The estimated value of the home located at 1312 Beverly Lane is $0.
What are some comparable homes to 1312 Beverly Lane?
There are currently no comparable homes to 1312 Beverly Lane.
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