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Bloomington 61705 Pepper Ridge
16 Rutherford Court
$265,000
● House - Off Market

16 Rutherford Court

Bloomington, IL 61705
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,013 Ft²
$1,715
Est. Monthly
11.58%
Cap Rate

About This Property

SO CUTE! You have to see this 4 bedroom, 2 bath updated bi-level on the Rutherford cul-de-sac.  The balanced blend of modern and comfort will invite you in like a warm hug. PLUS NO backyard neighbors WITH a nice size fenced backyard for plenty of backyard activities. Hard surface flooring throughout with hardwood upstairs and LVP in the lower level.  Several updates such as lighting, vanities and outlets. Windows replaced in 2019 and 2020 have a life time warranty. Washer/Dryer stay. Solar panels are leased from SunRun and can easily be transferred to the buyer, if they so choose. The system is warranted, insured, maintained and repaired by Sunrun for the duration of the lease.  How does an average monthly electric bill of $30 sound!?!
Unit Size
2,013 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$134
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1993

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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

Building Info

Overview

    General

  • Year Built: 1993
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 1,004
  • Garage Type: 1
  • Garage Square Area: 496
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 10,531
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,552
  • Gross Building Area: 2,552
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,012
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEPPER RIDGE
  • Land Acres: 0000000242
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 54 PEPPER RIDGE

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001402

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-18-452-011
  • Lot: 54
  • Meridian: SEC 18 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4443
  • Longitude: -89.0293

    Address

  • Full Address: 16 Rutherford Ct
  • Address - House Number: 16
  • Address - Street Name: Rutherford
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R034
  • 4-Digit Zip Code: 6518
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $450,064
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 241,992
  • High Value: 287,434
  • Low Value: 196,550

    Market Valuation

  • Market Total Value: $170,805
  • Market Land Value: $42,255
  • Market Improvement Value: $128,550

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,935
  • Assessed Land Value: $14,085
  • Assessed Improvements Value: $42,850

    Sales

  • Current Sale Contract Date: Jan 20, 2023
  • Current Sale Recording Date: Jan 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1230
  • Previous Sale Recording Date: Sep 25, 2020
  • Previous Sale Contract Date: Sep 11, 2020
  • Previous Sale Amount: $170,000
  • 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 Pepper Ridge

Stats & Trends

Median Asking:

$262,450

Sale Price/ft²

$114

Above Asking

0.00%

Average Days on Market

38

Average Home Size

2144 ft²

Average Home Age

31.8 years

Currently For Sale

0 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: Allison Smith, RE/MAX Rising
Data Source: MRED, MLS# MRD12404820
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 Rutherford Court built and last sold?
The property at 16 Rutherford Court was built in 1993 and last sold on Jan 20, 2023 for $229,000.
How much is this home worth?
The estimated value of the home located at 16 Rutherford Court is $0.
What are some comparable homes to 16 Rutherford Court?
There are currently no comparable homes to 16 Rutherford Court.
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