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Bloomington 61701
1907 Golden Drive
$165,100
● House - Off Market

1907 Golden Drive

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$129,172
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome to this inviting three-bedroom home located near Oakland school and Lakeside Country Club. With its well-maintained interior, generous outdoor space, brand new stove, and the absence of a basement to worry about, this property offers a worry-free living experience.  Located on a dead-end road, the house enjoys a quiet and peaceful setting. Say goodbye to through traffic and embrace a serene living environment where you can unwind and recharge. One of the advantages of this property is the absence of a basement, relieving you of any concerns associated with basement maintenance or potential issues. This frees up your time and allows you to focus on making the most of your living space.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$100
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1955

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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 #11820394)

Price History

Date / Event Date Event Price
Aug 8, 2023 Sold
Premium
Sold
Jul 6, 2023 Listed by RE/MAX Rising $129,900
Listed by RE/MAX Rising

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 960
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,093
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,160
  • Gross Building Area: 2,400
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLDEN ACRES RESUB
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: GOLDEN ACRES RESUB LOT 13 TO 18 C. WEEDS SUB PT N1/2 10-23-2E LOT 4 BLK 2

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005800

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-10-231-004
  • Block: 2
  • Lot: 13
  • Meridian: SEC 10 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4701
  • Longitude: -88.9667

    Address

  • Full Address: 1907 Golden Dr
  • Address - House Number: 1907
  • Address - Street Name: Golden
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C009
  • 4-Digit Zip Code: 5735
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $293,254
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 162,739
  • High Value: 194,546
  • Low Value: 130,932

    Market Valuation

  • Market Total Value: $121,515
  • Market Land Value: $32,685
  • Market Improvement Value: $88,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,505
  • Assessed Land Value: $10,895
  • Assessed Improvements Value: $29,610

    Sales

  • Current Sale Contract Date: Aug 07, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10745
  • Previous Sale Recording Date: Apr 27, 2006
  • Previous Sale Contract Date: Apr 20, 2006
  • Previous Sale Amount: $115,500
  • 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 Bloomington

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2481 ft²

Average Home Age

56.8 years

Currently For Sale

96 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 612 1/2 E Chestnut Street, Bloomington, IL, 61701

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
612 1/2 E Chestnut Street #2, Bloomington, IL, 61701 Listing by Tracy Haas Riley

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Heather Witt, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11820394
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 1907 Golden Drive built and last sold?
The property at 1907 Golden Drive was built in 1955 and last sold on Aug 7, 2023 for $165,500.
How much is this home worth?
The estimated value of the home located at 1907 Golden Drive is $0.
What are some comparable homes to 1907 Golden Drive?
There are currently no comparable homes to 1907 Golden Drive.
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