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Bloomington 61701 South Oakland
1401 Bunn Street
$210,000
● House - Off Market

1401 Bunn Street

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,772 Ft²
$188,815
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Well maintain drive under ranch on a nice sized corner lot with 3 bedrooms and 2 full bathrooms. Large family room down.  Basement also includes laundry, full bath and workshop/storage. Full fenced back yard with a beautiful in- ground pool offers a private oasis for entertaining and play area for kids. Kitchen offers a breakfast bar or additional prep area for those large family meals and gatherings. Dining set remains as do all the pool equipment and chemicals.
Unit Size
2,772 Ft²
Days on Market
-
Land Size
-
Price per sqft
$69
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1963

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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 #11856596)

Price History

Date / Event Date Event Price
Sep 19, 2023 Sold
Premium
Sold
Aug 15, 2023 Listed by Coldwell Banker Real Estate Group $190,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 650
  • Garage Type: 7
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,726
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,002
  • Gross Building Area: 2,002
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FITZGERALD SUB
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: FITZGERALD SUB LOT 1

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005900

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-09-428-016
  • Lot: 1
  • Meridian: SEC 09 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4665
  • Longitude: -88.982

    Address

  • Full Address: 1401 Bunn St
  • Address - House Number: 1401
  • Address - Street Name: Bunn
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C010
  • 4-Digit Zip Code: 6920
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $278,984
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 211,236
  • High Value: 259,513
  • Low Value: 162,960

    Market Valuation

  • Market Total Value: $145,401
  • Market Land Value: $28,734
  • Market Improvement Value: $116,667

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,467
  • Assessed Land Value: $9,578
  • Assessed Improvements Value: $38,889

    Sales

  • Current Sale Contract Date: Sep 19, 2023
  • Current Sale Recording Date: Sep 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13053
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 South Oakland

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

46

Average Home Size

1976 ft²

Average Home Age

101 years

Currently For Sale

1 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: Greg Zavitz, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11856596
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 1401 Bunn Street built and last sold?
The property at 1401 Bunn Street was built in 1963 and last sold on Sep 19, 2023 for $210,000.
How much is this home worth?
The estimated value of the home located at 1401 Bunn Street is $195,056.
What are some comparable homes to 1401 Bunn Street?
There are currently no comparable homes to 1401 Bunn Street.
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