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Bloomington 61704
2008 Single Tree Lane
$250,000
● House - Off Market

2008 Single Tree Lane

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,754 Ft²
$248,819
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome Home to this well maintained home showing pride of ownership. Easy access to all that Bloomington-Normal has to offer including Rivian, Ferrero, ISU, IWU and much more! Owners have updated the AC (2019) and added heat, metal ceiling, and fresh paint to the garage (2022). Appliances, roof, kitchen cabinets, and siding were replaced 2015. Basement is just waiting to be finished. Enjoy your evenings in the backyard with fire-pit and patio!
Unit Size
1,754 Ft²
Days on Market
-
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1984

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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 #11801361)

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold
Premium
Sold
Jun 6, 2023 Listed by Coldwell Banker Real Estate Group $249,500
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • 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: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,559
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,216
  • Gross Building Area: 2,216
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLOOMING GROVE SUB
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: BLOOMING GROVE SUB LOT 20

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 002101

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-17-278-004
  • Lot: 20
  • Meridian: SEC 17 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4546
  • Longitude: -89.0044

    Address

  • Full Address: 2008 Single Tree Ln
  • Address - House Number: 2008
  • Address - Street Name: Single Tree
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R016
  • 4-Digit Zip Code: 7257
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $411,748
  • Tax Rate Code Area: 4007

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 225,116
  • High Value: 271,940
  • Low Value: 178,292

    Market Valuation

  • Market Total Value: $159,984
  • Market Land Value: $31,704
  • Market Improvement Value: $128,280

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,328
  • Assessed Land Value: $10,568
  • Assessed Improvements Value: $42,760

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9869
  • Previous Sale Recording Date: Apr 29, 2015
  • Previous Sale Contract Date: Apr 15, 2015
  • Previous Sale Amount: $160,000
  • 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:

$263,500

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2506 ft²

Average Home Age

59 years

Currently For Sale

97 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: Phillip Hoffmann, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11801361
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 2008 Single Tree Lane built and last sold?
The property at 2008 Single Tree Lane was built in 1984 and last sold on Jul 21, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 2008 Single Tree Lane is $0.
What are some comparable homes to 2008 Single Tree Lane?
There are currently no comparable homes to 2008 Single Tree Lane.
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