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Normal 61761
2107 Heather Ridge Drive
$721,500
● House - Off Market

2107 Heather Ridge Drive

Normal, IL 61761
bedrooms
3 Beds
bathrooms
3 Baths
square feet
4,054 Ft²
$780,407
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Presold Trunk Bay new construction 5 bedroom, 3 full bath spacious ranch in Heather Ridge. Finished basement has family room, 2 bedrooms, exercise room and full bath.
Unit Size
4,054 Ft²
Days on Market
-
Land Size
-
Price per sqft
$178
Property Type
House
Property Taxes
$110
HOA Dues
$6
Year Built
-

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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 #11300280)

Price History

Date / Event Date Event Price
Jan 10, 2022 Sold
Premium
Sold
Jan 7, 2022 Listed by Coldwell Banker Real Estate Group $721,500
Listed by Coldwell Banker Real Estate Group
Sep 22, 2020 No longer available -
No longer available
Feb 11, 2020 Listed $53,000
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: HEATHER RIDGE
  • Land Acres: 0000000220
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: HEATHER RIDGE SUB 5TH ADD LOT 154

Neighborhood

  • Census Tract: 000105

Geography

  • District: 30
  • Parcel: 14-11-458-003
  • Municipality: NORMAL
  • Latitude: 40.5508
  • Longitude: -88.9522

    Address

  • Full Address: 2107 Heather Ridge Dr
  • Address - House Number: 2107
  • Address - Street Name: Heather Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Normal
  • Carrier Code: R008
  • 4-Digit Zip Code: 9673
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $132,482
  • Tax Rate Code Area: 3001

    Market Valuation

  • Market Total Value: $42,777
  • Market Land Value: $42,777

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $14,259
  • Assessed Land Value: $14,259

    Sales

  • Current Sale Contract Date: Aug 17, 2020
  • Current Sale Recording Date: Sep 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-00018871
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

42

Average Home Size

2149 ft²

Average Home Age

40.7 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

Unit for rent at 1613 Belclare Road, Normal, IL, 61761

$2,700 /mo

  • 2 Beds
  • 3 Baths
  • 2,156 ft²
1613 Belclare Road, Normal, IL, 61761 Listing by Derrick Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marty Trunk, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11300280
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 2107 Heather Ridge Drive built and last sold?
The property at 2107 Heather Ridge Drive was built in and last sold on Aug 17, 2020 for $75,000.
How much is this home worth?
The estimated value of the home located at 2107 Heather Ridge Drive is $0.
What are some comparable homes to 2107 Heather Ridge Drive?
There are currently no comparable homes to 2107 Heather Ridge Drive.
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