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Bloomington 61701 Founders Grove
16 Harwood Place
$180,000
● House - Off Market

16 Harwood Place

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
936 Ft²
$168,948
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Charming 2 bedroom bungalow in Founders Grove. Lots of character and ample storage for this era of home. Kitchen completely updated in 2008.  Includes cork flooring, granite countertops, beautiful tall cabinets, and new SS appliances. All kitchen appliances and washer and dryer remain with the property. Complete tear-off and reroof on house and garage in 2019. New windows in 2008. Bathroom updated in 2012. Sump pump and dewatering system in 2020. Hardwood floors throughout. 9' ceilings and pull down stairs to the attic. Detached roomy 1-car garage and relaxing fenced backyard with large shed for storage.   Showings to begin Friday, July 14th!
Unit Size
936 Ft²
Days on Market
-
Land Size
-
Price per sqft
$182
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1925

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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 #11830465)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Jul 13, 2023 Listed by Coldwell Banker Real Estate Group $169,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 936
  • Garage Type: 1
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,060
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,072
  • Gross Building Area: 2,280
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STEELES ADD
  • Land Acres: 0000000139
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: STEELES ADD LOT 15

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001800

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-03-454-011
  • Lot: 15
  • Meridian: SEC 03 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4769
  • Longitude: -88.9694

    Address

  • Full Address: 16 Harwood Pl
  • Address - House Number: 16
  • Address - Street Name: Harwood
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C019
  • 4-Digit Zip Code: 5662
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $251,600
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 69
  • Final Value: 188,871
  • High Value: 231,129
  • Low Value: 146,614

    Market Valuation

  • Market Total Value: $137,955
  • Market Land Value: $29,703
  • Market Improvement Value: $108,252

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,985
  • Assessed Land Value: $9,901
  • Assessed Improvements Value: $36,084

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Sep 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11778
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 Founders Grove

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$115

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3304 ft²

Average Home Age

121.3 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

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MRED

Listed by: Terri O'Brien, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11830465
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 16 Harwood Place built and last sold?
The property at 16 Harwood Place was built in 1925 and last sold on Aug 18, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 16 Harwood Place is $171,599.
What are some comparable homes to 16 Harwood Place?
There are currently no comparable homes to 16 Harwood Place.
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