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Normal 61761
1515 Belclare Road
$240,000
● House - Off Market

1515 Belclare Road

Normal, IL 61761
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,960 Ft²
$1,228
Est. Monthly

About This Property

Spacious town house ranch in desirable Kelley Glenn Subdivision! This home features two generously sized bedrooms, each with a private bath and walk in closet, offering privacy and comfort. The main level is warm and inviting with a shared two - sided fireplace between the family & living room. The dining room features a unique copper tray ceiling adding a distinctive touch. Downstairs, the partially finished basement includes a full bath, a large family room that's theater room ready, a utility area with sink, & unfinished space for storage or future use.   Enjoy outdoor living with a covered front porch, and a screened-in rear porch. Don't miss out on this one!
Unit Size
3,960 Ft²
Days on Market
-
Land Size
-
Price per sqft
$63
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,520
  • Garage Type: 7
  • Garage Square Area: 506
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 104
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,974
  • Lot Size Depth Feet: 1,386
  • Lot Size Frontage Feet: 197
  • Total Building Area: 3,040
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KELLY GLEN PUD
  • Land Acres: 0000000137
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: KELLEY GLEN P.U.D. LT 14

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000109

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-22-276-046
  • Lot: 14
  • Meridian: SEC 22 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5277
  • Longitude: -88.9674

    Address

  • Full Address: 1515 Belclare Rd
  • Address - House Number: 1515
  • Address - Street Name: Belclare
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Normal
  • Carrier Code: R044
  • 4-Digit Zip Code: 4928
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $499,024
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2039
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 240,241
  • High Value: 289,250
  • Low Value: 191,233

    Market Valuation

  • Market Total Value: $173,505
  • Market Land Value: $21,519
  • Market Improvement Value: $151,986

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,835
  • Assessed Land Value: $7,173
  • Assessed Improvements Value: $50,662

    Sales

  • Current Sale Contract Date: Mar 02, 2020
  • Current Sale Recording Date: Mar 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-00003990
  • Previous Sale Recording Date: Aug 11, 2006
  • Previous Sale Contract Date: Aug 07, 2006
  • Previous Sale Amount: $221,500
  • 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

$121

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2149 ft²

Average Home Age

40.7 years

Currently For Sale

42 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: Haley Seal, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12380891
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 1515 Belclare Road built and last sold?
The property at 1515 Belclare Road was built in 2006 and last sold on Mar 2, 2020 for $157,500.
How much is this home worth?
The estimated value of the home located at 1515 Belclare Road is $0.
What are some comparable homes to 1515 Belclare Road?
There are currently no comparable homes to 1515 Belclare Road.
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