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Bloomington 61704
2002 Wakefield Lane
$301,000
● House - Off Market

2002 Wakefield Lane

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,900 Ft²
$610,423
RealtyHop Estimate
85.03%
Since Mar 1, 2008
National-US
Primary Model

About This Property

Best value in Tipton Trails. Great loc, walking dist to Northpoint EL. Cherry Hrdwds, cabinetry, built-in bookcases & desk. Upgraded to satin brushed nickel throughout home  (lights&hrdwre)no chrome, Master B/R & DR has tray ceils. Nghbrhd has lake w/walking trails, waterpark, ball fields, nghbrhd watch & many nghbrhd social activities. Refrig, washer, dryer & upgraded new dishwasher included. Ready to move into!
Unit Size
2,900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$114
Property Type
House
Property Taxes
$617
HOA Dues
-
Year Built
2003

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • 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: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 620
  • Garage Type: 1
  • Garage Square Area: 885
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 105
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 10,416
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 870
  • Total Building Area: 3,939
  • Gross Building Area: 3,939
  • Building Area: 3,054
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,054
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIPTON TRAILS SUB
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: TIPTON TRAILS SUB 3RD ADD LOT 220

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 000506

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 14-25-454-015
  • Lot: 220
  • Meridian: SEC 25 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.5056
  • Longitude: -88.9303

    Address

  • Full Address: 2002 Wakefield Ln
  • Address - House Number: 2002
  • Address - Street Name: Wakefield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R037
  • 4-Digit Zip Code: 9198
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $921,464
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1484
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 448,318
  • High Value: 514,877
  • Low Value: 381,759

    Market Valuation

  • Market Total Value: $330,855
  • Market Land Value: $70,167
  • Market Improvement Value: $260,688

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,285
  • Assessed Land Value: $23,389
  • Assessed Improvements Value: $86,896

    Sales

  • Current Sale Contract Date: Mar 09, 2022
  • Current Sale Recording Date: Mar 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5579
  • Previous Sale Recording Date: Mar 05, 2008
  • Previous Sale Contract Date: Feb 19, 2008
  • Previous Sale Amount: $301,000
  • 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 Bloomington

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2507 ft²

Average Home Age

56.4 years

Currently For Sale

104 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: Jennifer Robertson, The Realty Dot, Inc.
Data Source: MRED, MLS# MRD06666142
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 2002 Wakefield Lane built and last sold?
The property at 2002 Wakefield Lane was built in 2003 and last sold on Mar 9, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 2002 Wakefield Lane is $349,685.
What are some comparable homes to 2002 Wakefield Lane?
There are currently no comparable homes to 2002 Wakefield Lane.
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