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Normal 61761
2382 Sanford Lane
$389,000
● House - Off Market

2382 Sanford Lane

Normal, IL 61761
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,980 Ft²
$404,468
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Views of the lake, wonderfully maintained, and plenty of spaces for entertaining or simply relaxing.  Beautiful home with main floor master, 3 full baths, half bath, and finished lower level which includes family room, bonus room, bedroom, full bath, and daylight windows.  Owner's suite includes double sink vanity, jetted tub, and separate shower. Upstairs includes loft, 2 spacious bedrooms with large closet spaces, and Jack'n'Jill bath.  Many upgrades include custom trim, crown molding, granite countertops, new dishwasher in 2019, new light fixtures & fans upstairs, shelving and light in pantry, and much more.  Upgraded HVAC in 2019.  Deck, patio, fenced yard, pavers, raised garden boxes, irrigation system, and firepit.
Unit Size
3,980 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$100
Property Type
House
Property Taxes
$603
HOA Dues
-
Year Built
2004

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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 #11311976)

Price History

Date / Event Date Event Price
Apr 15, 2022 Sold
Premium
Sold
Feb 17, 2022 Listed by Coldwell Banker Real Estate Group $399,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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 Count: 150
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,571
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,170
  • Lot Size Depth Feet: 692
  • Lot Size Frontage Feet: 1,288
  • Total Building Area: 4,054
  • Building Area: 2,483
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,483
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHER RIDGE SUB
  • Land Acres: 0000000302
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: HEATHER RIDGE SUB 1ST ADD LT 30

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000105

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-11-426-023
  • Lot: 30
  • Meridian: SEC 11 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5523
  • Longitude: -88.9464

    Address

  • Full Address: 2382 Sanford Ln
  • Address - House Number: 2382
  • Address - Street Name: Sanford
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Normal
  • Carrier Code: R008
  • 4-Digit Zip Code: 5474
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $187,394
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 340,914
  • High Value: 404,603
  • Low Value: 277,225

    Market Valuation

  • Market Total Value: $286,746
  • Market Land Value: $46,065
  • Market Improvement Value: $240,681

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,582
  • Assessed Land Value: $15,355
  • Assessed Improvements Value: $80,227

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7229
  • Previous Sale Recording Date: Nov 01, 2012
  • Previous Sale Contract Date: Oct 03, 2012
  • Previous Sale Amount: $262,000
  • 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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2145 ft²

Average Home Age

39.2 years

Currently For Sale

43 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: Ed Larsen, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11311976
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 2382 Sanford Lane built and last sold?
The property at 2382 Sanford Lane was built in 2004 and last sold on Apr 15, 2022 for $259,333.
How much is this home worth?
The estimated value of the home located at 2382 Sanford Lane is $0.
What are some comparable homes to 2382 Sanford Lane?
There are currently no comparable homes to 2382 Sanford Lane.
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