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Normal 61761
205 Keiser Avenue
$170,000
● House - Off Market

205 Keiser Avenue

Normal, IL 61761
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,664 Ft²
$186,440
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Spacious 4 Bedroom home with a 2.5 Garage and 2 Baths plus an Office that could be turned into a 5th Bedroom. Brand new Roof and Furnace!! Tile floors in Kitchen and Bathrooms. Great location just a couple of blocks from ISU. Garage has tons of space for storage!! Spacious Patio to relax on outdoors, or to fire up the grill.
Unit Size
1,664 Ft²
Days on Market
-
Land Size
-
Price per sqft
$111
Property Type
House
Property Taxes
$332
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.

Last updated: 3 years ago (MRED MLS #11341922)

Price History

Date / Event Date Event Price
May 13, 2022 Sold
Premium
Sold
Mar 8, 2022 Listed by RE/MAX Ultimate Professionals $185,000
Listed by RE/MAX Ultimate Professionals

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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 Cover: 0
  • Basement Type: 8
  • Basement Area: 572
  • Garage Type: 7
  • Garage Square Area: 520
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,451
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,664
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEISER HEIGHTS
  • Land Acres: 0000000125
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: KEISER HEIGHTS LTS 18 & 19 BLK 3

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000301

Geography

  • District: 30
  • Parcel: 14-29-426-026
  • Block: 3
  • Lot: 18,19
  • Meridian: SEC 29 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.509
  • Longitude: -89.0056

    Address

  • Full Address: 205 Keiser Ave
  • Address - House Number: 205
  • Address - Street Name: Keiser
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Normal
  • Carrier Code: C049
  • 4-Digit Zip Code: 2812
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $472,426
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2167
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 195,113
  • High Value: 237,398
  • Low Value: 152,829

    Market Valuation

  • Market Total Value: $157,773
  • Market Land Value: $22,254
  • Market Improvement Value: $135,519

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,591
  • Assessed Land Value: $7,418
  • Assessed Improvements Value: $45,173

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9071
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 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: Glenn Sharp, RE/MAX Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 11341922
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 205 Keiser Avenue built and last sold?
The property at 205 Keiser Avenue was built in 2003 and last sold on Apr 11, 2022 for $170,000.
How much is this home worth?
The estimated value of the home located at 205 Keiser Avenue is $0.
What are some comparable homes to 205 Keiser Avenue?
There are currently no comparable homes to 205 Keiser Avenue.
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