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Normal 61761
1312 Ironwood Cc Drive
$345,000
● House - Off Market

1312 Ironwood Cc Drive

Normal, IL 61761
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,628 Ft²
$352,964
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

On the Big Lake in Ironwood, Spectacular Views with amazing sunsets, Dual Staircases, Huge Master Suite,  Large kitchen with island & nice SS appliances, 2 Bay Windows, Trex Deck, Roof (2009), Lots of newer floor coverings & interior paint. Many newer Andersen Renewal Replacement windows, high efficiency HVAC & water heater 2016. This beautiful home on the lake in Ironwood is open and spacious. The main floor offers a formal living room, dining room, large family room, eat in kitchen, and convenient laundry off of the three car garage. Upstairs are 4 large bedrooms including the owners' suite. There are 2 full baths and 2 half baths. Enjoy picturesque evening sunsets on the maintenance free deck overlooking the lake. This home is exceptional. It is well maintained with many nice updates. Schedule a showing today!
Unit Size
2,628 Ft²
Days on Market
-
Land Size
-
Price per sqft
$131
Property Type
House
Property Taxes
$603
HOA Dues
$4
Year Built
1991

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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 #11409593)

Price History

Date / Event Date Event Price
Jul 12, 2022 Sold
Premium
Sold
May 19, 2022 Listed by BHHS Central Illinois REALTORS $345,000
Listed by BHHS Central Illinois REALTORS

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 331
  • Garage Type: 7
  • Garage Square Area: 743
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,751
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 970
  • Total Building Area: 2,874
  • Building Area: 2,543
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,543
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IRONWOOD CC SUB
  • Land Acres: 0000000339
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 246 3RD ADD TO IRONWOOD CC SUB

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000105

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-14-126-006
  • Lot: 246
  • Meridian: SEC 14 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5438
  • Longitude: -88.9569

    Address

  • Full Address: 1312 Ironwood Cc Dr
  • Address - House Number: 1312
  • Address - Street Name: Ironwood Cc
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Normal
  • Carrier Code: R026
  • 4-Digit Zip Code: 5228
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $774,236
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 376,489
  • High Value: 454,799
  • Low Value: 298,179

    Market Valuation

  • Market Total Value: $276,567
  • Market Land Value: $65,325
  • Market Improvement Value: $211,242

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,189
  • Assessed Land Value: $21,775
  • Assessed Improvements Value: $70,414

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12787
  • Previous Sale Recording Date: Jun 08, 2010
  • Previous Sale Contract Date: May 28, 2010
  • Previous Sale Amount: $279,500
  • 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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2057 ft²

Average Home Age

41.8 years

Currently For Sale

40 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 1613 Belclare Road, Normal, IL, 61761

$2,700 /mo

  • 2 Beds
  • 3 Baths
  • 2,156 ft²
1613 Belclare Road, Normal, IL, 61761 Listing by Derrick Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Keith Troutman, BHHS Central Illinois REALTORS
Last Updated: 3 years ago
Data Source: MRED, MLS# 11409593
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 Ironwood Cc Drive built and last sold?
The property at 1312 Ironwood Cc Drive was built in 1991 and last sold on Jul 12, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 1312 Ironwood Cc Drive is $0.
What are some comparable homes to 1312 Ironwood Cc Drive?
There are currently no comparable homes to 1312 Ironwood Cc Drive.
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