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Bloomington 61705
2701 Stratmoor Drive
$292,000
● House - Off Market

2701 Stratmoor Drive

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,719 Ft²
$300,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

This bright, wide-open, move-in ready, 5 bedroom, 3 1/2 bath home in Heartland Hills has so much to offer! Gorgeous hardwood floors, spacious eat-in kitchen that flows into dining and living areas and tons of room for your family and friends. But enough about the house... lets talk shop! This property features an incredible heated man cave/she shed/workshop outbuilding complete with loft. So many options for this bonus space....perfect hobby space, woodworking shop, building a custom car, office or just a place to escape. Great corner lot with large yard and play-set. Other features of this home include, sprinkler system (lower home insurance rates), radon system, second shed, new AC 2022, and new dishwasher 2021.
Unit Size
2,719 Ft²
Days on Market
-
Land Size
-
Price per sqft
$110
Property Type
House
Property Taxes
$464
HOA Dues
$17
Year Built
2000

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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 #11913212)

Price History

Date / Event Date Event Price
Nov 29, 2023 Sold
Premium
Sold
Oct 20, 2023 Listed by Keller Williams Revolution $300,000
Listed by Keller Williams Revolution

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • 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: 2
  • Basement Area: 679
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 11,631
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 1,410
  • Total Building Area: 2,887
  • Gross Building Area: 2,887
  • Building Area: 2,403
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,403
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEARTLAND HILLS
  • Land Acres: 0000000267
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: HEARTLAND HILLS LOT 27

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • School Tax School District: 005
  • Census Tract: 006000

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 20-14-203-009
  • Lot: 27
  • Meridian: SEC 14 TWN 23N RNG 01E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4575
  • Longitude: -89.0648

    Address

  • Full Address: 2701 Stratmoor Dr
  • Address - House Number: 2701
  • Address - Street Name: Stratmoor
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R003
  • 4-Digit Zip Code: 4132
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $556,484
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 301,885
  • High Value: 329,061
  • Low Value: 274,709

    Market Valuation

  • Market Total Value: $206,937
  • Market Land Value: $42,612
  • Market Improvement Value: $164,325

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,979
  • Assessed Land Value: $14,204
  • Assessed Improvements Value: $54,775

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Dec 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16428
  • Previous Sale Recording Date: Sep 05, 2017
  • Previous Sale Contract Date: Aug 17, 2017
  • Previous Sale Amount: $193,000
  • 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 Bloomington

Stats & Trends

Median Asking:

$261,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2450 ft²

Average Home Age

60.6 years

Currently For Sale

99 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: Amber Cook, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11913212
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 2701 Stratmoor Drive built and last sold?
The property at 2701 Stratmoor Drive was built in 2000 and last sold on Nov 29, 2023 for $292,000.
How much is this home worth?
The estimated value of the home located at 2701 Stratmoor Drive is $304,191.
What are some comparable homes to 2701 Stratmoor Drive?
There are currently no comparable homes to 2701 Stratmoor Drive.
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