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Normal 61761
1818 Thicket Point
$341,000
● House - Off Market

1818 Thicket Point

Normal, IL 61761
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,188 Ft²
$303,781
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Gorgeous 5 bed, 3.5 bath home on a large lot in Pheasant Ridge. Fresh paint and updated light fixtures elevated the main floor of this home. You'll appreciate the large island and walk in pantry and bonus room which is perfect for an office or dining room. Upstairs, there are 4 bedrooms, 2 baths, and a conveniently located laundry room.  The basement has been finished with a large living room, bedroom, full bath, craft room, and mini kitchenette. You will not want to miss this one!
Unit Size
3,188 Ft²
Days on Market
-
Land Size
-
Price per sqft
$93
Property Type
House
Property Taxes
$555
HOA Dues
-
Year Built
2013

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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 #11328070)

Price History

Date / Event Date Event Price
Mar 31, 2022 Sold
Premium
Sold
Feb 23, 2022 Listed by RE/MAX Rising $295,000
Listed by RE/MAX Rising

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 931
  • Garage Type: 7
  • Garage Square Area: 862
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,865
  • Lot Size Depth Feet: 1,371
  • Lot Size Frontage Feet: 501
  • Total Building Area: 2,983
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PHEASANT RIDGE SUB
  • Land Acres: 0000000158
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: PHEASANT RIDGE SUB 10TH ADD LT 346

Neighborhood

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

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-15-301-043
  • Lot: 346
  • Municipality: NORMAL
  • Latitude: 40.5362
  • Longitude: -88.9797

    Address

  • Full Address: 1818 Thicket Pt
  • Address - House Number: 1818
  • Address - Street Name: Thicket
  • Address - Suffix Type: Pt
  • State: IL
  • City Name: Normal
  • Carrier Code: R027
  • 4-Digit Zip Code: 5664
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $731,432
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 360,861
  • High Value: 426,759
  • Low Value: 294,963

    Market Valuation

  • Market Total Value: $262,272
  • Market Land Value: $53,439
  • Market Improvement Value: $208,833

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,424
  • Assessed Land Value: $17,813
  • Assessed Improvements Value: $69,611

    Sales

  • Current Sale Contract Date: Mar 09, 2022
  • Current Sale Recording Date: Apr 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6310
  • Previous Sale Recording Date: Jun 17, 2015
  • Previous Sale Contract Date: May 19, 2015
  • Previous Sale Amount: $240,000
  • 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:

$279,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2062 ft²

Average Home Age

42.8 years

Currently For Sale

45 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: Rhendy Bradshaw, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11328070
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 Thicket Point built and last sold?
The property at 1818 Thicket Point was built in 2013 and last sold on Mar 9, 2022 for $341,000.
How much is this home worth?
The estimated value of the home located at 1818 Thicket Point is $0.
What are some comparable homes to 1818 Thicket Point?
There are currently no comparable homes to 1818 Thicket Point.
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