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Normal 61761
203 Ambrose Way
$217,500
● House - Off Market

203 Ambrose Way

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,594 Ft²
$1,531
Est. Monthly
9.59%
Cap Rate

About This Property

Updated 3 Bedroom ranch home with a 2 car garage in Pleasant Hills North neighborhood. Unit 5 schools! New flooring and paint throughout (2024), updated bathroom and kitchen, and new carpet in basement and on stairs (2024). Garage has built in storage as well, and a 3-season bonus room! Fenced in backyard with a large 11x9 foot storage shed equipped with electricity. Home has a whole house back-up generator. Roof and HVAC new in 2021. This home is move in ready! Schedule your showing today.
Unit Size
2,594 Ft²
Days on Market
-
Land Size
-
Price per sqft
$84
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1964

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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: 2 years ago (MRED MLS #12168992)

Price History

Date / Event Date Event Price
Nov 8, 2024 Sold
Premium
Sold
Sep 30, 2024 Listed by Coldwell Banker Real Estate Group $217,500
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,293
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,906
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,586
  • Building Area: 1,293
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,293
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLEASANT HILL
  • Land Acres: 0000000227
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: 1ST ADD TO PLEASANT HILL LOT 83

Neighborhood

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

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-27-178-003
  • Lot: 83
  • Meridian: SEC 27 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5137
  • Longitude: -88.9741

    Address

  • Full Address: 203 Ambrose Way
  • Address - House Number: 203
  • Address - Street Name: Ambrose
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Normal
  • Carrier Code: C053
  • 4-Digit Zip Code: 1823
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $311,028
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 223,241
  • High Value: 269,675
  • Low Value: 176,806

    Market Valuation

  • Market Total Value: $175,785
  • Market Land Value: $38,739
  • Market Improvement Value: $137,046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,595
  • Assessed Land Value: $12,913
  • Assessed Improvements Value: $45,682

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10793
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

2150 ft²

Average Home Age

38.8 years

Currently For Sale

42 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

Rentals Near You

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MRED

Listed by: Katie Fudge, Coldwell Banker Real Estate Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12168992
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 203 Ambrose Way built and last sold?
The property at 203 Ambrose Way was built in 1964 and last sold on Jun 2, 2022 for $90,000.
How much is this home worth?
The estimated value of the home located at 203 Ambrose Way is $0.
What are some comparable homes to 203 Ambrose Way?
There are currently no comparable homes to 203 Ambrose Way.
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