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Bloomington 61701 Oakwoods
2510 Timberview Drive
$230,000
● House - Off Market

2510 Timberview Drive

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,752 Ft²
$231,756
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

This is a spacious 3 bedroom, 2.5 bath, 2 car home located in Oakwoods Subdivision.  The kitchen has custom cabinets, stainless steel appliances and opens to a large family room.  There is tile flooring throughout most of the main level.  The primary bedroom has a full bath.  There is a large family room in the basement, perfect for entertaining.  Carpet in the basement was new 2019.  This home does no lack for storage space.  Don't miss the utility sink in the unfinished section of the basement.   The back yard has a Koi pond, deck and shed.  Enjoy your visit to this lovely home.
Unit Size
2,752 Ft²
Days on Market
-
Land Size
-
Price per sqft
$82
Property Type
House
Property Taxes
$398
HOA Dues
$23
Year Built
1995

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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 #11724993)

Price History

Date / Event Date Event Price
Mar 24, 2023 Sold
Premium
Sold
Feb 24, 2023 Listed by Coldwell Banker Real Estate Group $224,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • 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: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,058
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,202
  • Gross Building Area: 2,202
  • Building Area: 1,740
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIXTH ADD OAKWOODS DEV
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 343 SIXTH ADD TO OAKWOODS DEV

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 005
  • Census Tract: 001404

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-17-176-022
  • Lot: 343
  • Meridian: SEC 17 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4531
  • Longitude: -89.0145

    Address

  • Full Address: 2510 Timber View Dr
  • Address - House Number: 2510
  • Address - Street Name: Timber View
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R020
  • 4-Digit Zip Code: 7842
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $520,796
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 250,423
  • High Value: 298,507
  • Low Value: 202,339

    Market Valuation

  • Market Total Value: $194,820
  • Market Land Value: $34,884
  • Market Improvement Value: $159,936

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,940
  • Assessed Land Value: $11,628
  • Assessed Improvements Value: $53,312

    Sales

  • Current Sale Contract Date: Mar 23, 2023
  • Current Sale Recording Date: Mar 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3991
  • Previous Sale Recording Date: Feb 08, 2018
  • Previous Sale Contract Date: Aug 28, 2017
  • Previous Sale Amount: $161,500
  • 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 Oakwoods

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$131

Below Asking

0.01%

Average Days on Market

35

Average Home Size

2114 ft²

Average Home Age

36.6 years

Currently For Sale

0 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

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MRED

Listed by: Kathy O'Brien Boston, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11724993
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 2510 Timberview Drive built and last sold?
The property at 2510 Timberview Drive was built in 1995 and last sold on Mar 23, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 2510 Timberview Drive is $0.
What are some comparable homes to 2510 Timberview Drive?
There are currently no comparable homes to 2510 Timberview Drive.
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