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Bloomington 61704
2502 Kaitlyn Drive
$450,000
● House - Off Market

2502 Kaitlyn Drive

Bloomington, IL 61704
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,460 Ft²
$402,106
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Move-in ready spacious home sits on a beautiful corner lot in Eagle Crest East with 7 bedrooms & lots of custom features! Main level has first floor master bedroom w/cathedral ceilings, family room w/built-in book shelves flanking the fireplace, formal dining room, formal living room, built-in desk in eat-in kitchen & wine rack in kitchen island. Second level has 4 spacious bedrooms. Finished basement has huge open family room, built-in bar, 2 large bedrooms (one with 21x7 closet), and full bathroom. Custom built storage room attached on north side of home - great for mower/bikes, etc. Beautiful brick patio & firepit installed in 2020, built-in audio system w/controls. Home plumbed for central vac system (no attachments). All information deemed accurate but not warranted.
Unit Size
4,460 Ft²
Days on Market
-
Land Size
-
Price per sqft
$89
Property Type
House
Property Taxes
$807
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 #11383522)

Price History

Date / Event Date Event Price
May 26, 2022 Sold
Premium
Sold
Apr 29, 2022 Listed by RE/MAX Choice $399,000
Listed by RE/MAX Choice

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,270
  • Garage Type: 1
  • Garage Square Area: 757
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 105
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 12,840
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 4,757
  • Gross Building Area: 4,757
  • Building Area: 4,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 4,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE CREST EAST SUB
  • Land Acres: 0000000295
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: EAGLE CREST EAST SUB 2ND ADD LOT 193

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 005103

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 15-30-202-003
  • Lot: 193
  • Meridian: SEC 30 TWN 24N RNG 03E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.5133
  • Longitude: -88.9121

    Address

  • Full Address: 2502 Kaitlyn Dr
  • Address - House Number: 2502
  • Address - Street Name: Kaitlyn
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R045
  • 4-Digit Zip Code: 3487
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,049,384
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 472,176
  • High Value: 556,800
  • Low Value: 387,552

    Market Valuation

  • Market Total Value: $374,286
  • Market Land Value: $64,788
  • Market Improvement Value: $309,498

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,762
  • Assessed Land Value: $21,596
  • Assessed Improvements Value: $103,166

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9941
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

Unit for rent at 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,900 /mo

  • 4 Beds
  • 2 Baths
  • 3,196 ft²
3125 Old Jamestown Road, Bloomington, IL, 61704 Listing by Reshma Shah

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Belinda Brock, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11383522
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 2502 Kaitlyn Drive built and last sold?
The property at 2502 Kaitlyn Drive was built in 2004 and last sold on May 26, 2022 for $475,333.
How much is this home worth?
The estimated value of the home located at 2502 Kaitlyn Drive is $0.
What are some comparable homes to 2502 Kaitlyn Drive?
There are currently no comparable homes to 2502 Kaitlyn Drive.
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