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Twin Grove 61705
13700 Oak Hill Road
$250,700
● House - Off Market

13700 Oak Hill Road

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,200 Ft²
$1,714
Est. Monthly
8.14%
Cap Rate

About This Property

***MOTIVATED SELLER***   This beautiful home won't last long! Featuring 3 bedrooms and 2 baths, this well-maintained property sits on over 3/4 of an acre. Highlights include a screened-in patio, a new shed, and many other amenities. Recent updates include new fence and shed (2024) exterior paint (2020) furnace (2016), hot water tank (2016), and roof (2012), both bathroom flooring (2019), update lights fixtures throughout the home (2020) and humidifier (2022). The kitchen appliances-refrigerator, oven, and microwave-were all updated in 2008. Don't miss out on this opportunity!
Unit Size
2,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$118
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1980

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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 #12104060)

Price History

Date / Event Date Event Price
Nov 4, 2024 Sold
Premium
Sold
Oct 1, 2024 In contract -
In contract
Sep 26, 2024 Price Decreased $260,000
↓ $15K (5.4%)
Price Decreased
Sep 8, 2024 Price Decreased $274,900
↓ $10K (3.5%)
Price Decreased
Aug 29, 2024 Price Decreased $284,900
↓ $5K (1.7%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,105
  • Total Building Area: 1,172
  • Gross Building Area: 1,172
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKHILL SUB
  • Land Acres: 0000000760
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: OAKHILL SUB PT NW 4-23-1E LOT 5

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 006000

Geography

  • District: 10
  • Parcel: 20-04-152-005
  • Lot: 5
  • Meridian: SEC 04 TWN 23N RNG 01E
  • Municipality: DALE
  • Latitude: 40.4834
  • Longitude: -89.1121

    Address

  • Full Address: 13700 Oak Hill Rd
  • Address - House Number: 13700
  • Address - Street Name: Oak Hill
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R003
  • 4-Digit Zip Code: 6676
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $524,300
  • Tax Rate Code Area: 1003

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 234,733
  • High Value: 283,298
  • Low Value: 186,168

    Market Valuation

  • Market Total Value: $205,590
  • Market Land Value: $31,254
  • Market Improvement Value: $174,336

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,530
  • Assessed Land Value: $10,418
  • Assessed Improvements Value: $58,112

    Sales

  • Current Sale Contract Date: Mar 26, 2018
  • Current Sale Recording Date: Apr 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-00005295
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 Twin Grove

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$132

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3560 ft²

Average Home Age

40.7 years

Currently For Sale

3 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

Rentals Near You

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MRED

Listed by: Darius Young, eXp Realty, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12104060
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 13700 Oak Hill Road built and last sold?
The property at 13700 Oak Hill Road was built in 1980 and last sold on Mar 26, 2018 for $161,000.
How much is this home worth?
The estimated value of the home located at 13700 Oak Hill Road is $0.
What are some comparable homes to 13700 Oak Hill Road?
There are currently no comparable homes to 13700 Oak Hill Road.
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