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Bloomington 61704
1313 Rutledge Road
$175,000
● House - Off Market

1313 Rutledge Road

Bloomington, IL 61704
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,052 Ft²
$169,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Three-bedroom Ranch style home with 1 full bath and a 1 car attached garage.  The home has had the laundry room brought up to the first floor (utilizing one of the bedrooms) The connections are still operational in the basement as well.  Eat in kitchen has a nice space for a table and ample cabinets and countertop space.  You'll appreciate the large family room in the basement and tremendous storage room.   Backyard is fully fenced and has a deck to be able to entertain or just enjoy a quiet cup of coffee in the morning.  New Roof in August of 2017
Unit Size
2,052 Ft²
Days on Market
-
Land Size
-
Price per sqft
$83
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1967

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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 #11899390)

Price History

Date / Event Date Event Price
Nov 29, 2023 Sold
Premium
Sold
Oct 14, 2023 Listed by Keller Williams Revolution $169,900
Listed by Keller Williams Revolution

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 2
  • Basement Area: 442
  • Garage Type: 1
  • Garage Square Area: 344
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,748
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,812
  • Gross Building Area: 1,812
  • Building Area: 1,468
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,468
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNWOOD SUB
  • Land Acres: 0000000178
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SECOND ADD TO LINCOLNWOOD SUB LOT 108

Neighborhood

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

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 14-35-427-005
  • Lot: 108
  • Meridian: SEC 35 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4944
  • Longitude: -88.9473

    Address

  • Full Address: 1313 Rutledge Rd
  • Address - House Number: 1313
  • Address - Street Name: Rutledge
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R005
  • 4-Digit Zip Code: 1322
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $254,652
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 168,069
  • High Value: 183,199
  • Low Value: 152,939

    Market Valuation

  • Market Total Value: $126,045
  • Market Land Value: $23,991
  • Market Improvement Value: $102,054

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,015
  • Assessed Land Value: $7,997
  • Assessed Improvements Value: $34,018

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Dec 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16685
  • Previous Sale Recording Date: Nov 09, 2017
  • Previous Sale Contract Date: Oct 31, 2017
  • Previous Sale Amount: $123,000
  • 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 Bloomington

Stats & Trends

Median Asking:

$261,000

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

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MRED

Listed by: Jacqui Miller, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11899390
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 1313 Rutledge Road built and last sold?
The property at 1313 Rutledge Road was built in 1967 and last sold on Nov 29, 2023 for $175,000.
How much is this home worth?
The estimated value of the home located at 1313 Rutledge Road is $0.
What are some comparable homes to 1313 Rutledge Road?
There are currently no comparable homes to 1313 Rutledge Road.
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