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Bloomington 61704
1314 Dianne Drive
$240,000
● House - Off Market

1314 Dianne Drive

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,428 Ft²
$1,654
Est. Monthly
12.23%
Cap Rate

About This Property

Lovely well maintained home with 4 spacious bedrooms, finished lower level second family room, and a fantastic fenced backyard.  Beautiful hardwood flooring on the staircase and 2nd floor landing.  Wood laminate in the foyer, hall, and throughout the kitchen and dining area.  Stainless steel kitchen appliances remain.  The main level family room adjacent to the kitchen includes wood burning fireplace.  Separate living room and dining room for entertaining and additional flex space.  All the baths have been renovated.  The backyard features paver patio and walkway with a firepit area, beautiful landscaping, mature trees, and a 12x15 shed.  Nice location near parks, shopping, and trails.
Unit Size
2,428 Ft²
Days on Market
-
Land Size
-
Price per sqft
$105
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1985

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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 #12002689)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold
Premium
Sold
Mar 13, 2024 Listed by Coldwell Banker Real Estate Group $255,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • 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: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 898
  • Garage Type: 1
  • Garage Square Area: 445
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 105
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,634
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 720
  • Total Building Area: 3,139
  • Gross Building Area: 3,139
  • Building Area: 2,421
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,421
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBURBAN EAST 1ST ADD
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SUBURBAN EAST 1ST ADD LOT 89

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001105

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 14-36-282-007
  • Lot: 89
  • Meridian: SEC 36 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4982
  • Longitude: -88.9276

    Address

  • Full Address: 1314 Dianne Dr
  • Address - House Number: 1314
  • Address - Street Name: Dianne
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R018
  • 4-Digit Zip Code: 2559
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $481,722
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 265,352
  • High Value: 316,590
  • Low Value: 214,113

    Market Valuation

  • Market Total Value: $181,554
  • Market Land Value: $36,702
  • Market Improvement Value: $144,852

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,518
  • Assessed Land Value: $12,234
  • Assessed Improvements Value: $48,284

    Sales

  • Current Sale Contract Date: Sep 03, 2013
  • Current Sale Recording Date: Oct 23, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013-00026688

    Financing

  • First Mortgage Financing Type: UNK
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

Unit for rent at 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,900 /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: Ed Larsen, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12002689
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 1314 Dianne Drive built and last sold?
The property at 1314 Dianne Drive was built in 1985 and last sold on Sep 3, 2013 for $173,000.
How much is this home worth?
The estimated value of the home located at 1314 Dianne Drive is $0.
What are some comparable homes to 1314 Dianne Drive?
There are currently no comparable homes to 1314 Dianne Drive.
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