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Normal 61761
1818 Hoover Drive
$195,000
● House - Off Market

1818 Hoover Drive

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,702 Ft²
$188,439
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Very nicely updated 3 bedroom, 1.5 bath bi-level home with RARE 2 car garage in desirable Greenbriar! Lots of original hardwood floors, open kitchen, 2-car heated attached garage, fenced-in private backyard with huge deck, which is great for entertaining. All appliances stay. Districted to Grove Elementary and NCHS! New ROOF (13), New Trane furnace & A/C (19), Ceramic tile in kitchen & main bath (20), Newer stone border for landscaping along driveway, newer windows. Garage has ductwork to be heated & cooled.  So many mature shade trees to benefit from, but you don't have to maintain!  Pride of Ownership shows! This home will sell quickly, so don't hesitate to schedule your private showing! Professional photos coming Fri a.m.!
Unit Size
1,702 Ft²
Days on Market
-
Land Size
-
Price per sqft
$111
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1971

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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.

Last updated: 3 years ago (MRED MLS #11845931)

Price History

Date / Event Date Event Price
Aug 30, 2023 Sold
Premium
Sold
Aug 3, 2023 Listed by Keller Williams Revolution $189,500
Listed by Keller Williams Revolution

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 582
  • Garage Type: 7
  • Garage Square Area: 475
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,692
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,682
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENBRIAR EAST SUB
  • Land Acres: 0000000154
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: GREENBRIAR EAST SUB LOT 67

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000504

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-23-479-025
  • Lot: 67
  • Meridian: SEC 23 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5187
  • Longitude: -88.9452

    Address

  • Full Address: 1818 Hoover Dr
  • Address - House Number: 1818
  • Address - Street Name: Hoover
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Normal
  • Carrier Code: R011
  • 4-Digit Zip Code: 2246
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $352,834
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 194,413
  • High Value: 231,740
  • Low Value: 157,085

    Market Valuation

  • Market Total Value: $135,834
  • Market Land Value: $30,198
  • Market Improvement Value: $105,636

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,278
  • Assessed Land Value: $10,066
  • Assessed Improvements Value: $35,212

    Sales

  • Current Sale Contract Date: Aug 22, 2023
  • Current Sale Recording Date: Sep 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12012
  • Previous Sale Recording Date: Jun 19, 2013
  • Previous Sale Contract Date: Jun 14, 2013
  • Previous Sale Amount: $132,000
  • 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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2130 ft²

Average Home Age

40 years

Currently For Sale

44 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: Amy Brown, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11845931
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 1818 Hoover Drive built and last sold?
The property at 1818 Hoover Drive was built in 1971 and last sold on Aug 22, 2023 for $195,000.
How much is this home worth?
The estimated value of the home located at 1818 Hoover Drive is $0.
What are some comparable homes to 1818 Hoover Drive?
There are currently no comparable homes to 1818 Hoover Drive.
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