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Bloomington 61704
2704 Wellington Way
$235,000
● House - Off Market

2704 Wellington Way

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,532 Ft²
$235,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome to your dream home in Washington East! As you step inside, you'll be greeted by a spacious foyer with garage access and a double coat closet. The home has lots of natural light, fresh paint throughout and is completely move in ready. Upstairs, you'll discover a fabulous living room and open dining room, kitchen, and three bedrooms. The primary bedroom boasts an en-suite bathroom and his and her closets. And don't forget about the deck with a pergola overlooking the fenced-in yard. Heading down to the lower level, prepare to be blown away by a huge family room with a wet bar, fireplace, and built-in bookshelves. Plus, there's an additional full bathroom and a fourth bedroom. It's the perfect retreat for relaxation and entertaining!
Unit Size
2,532 Ft²
Days on Market
-
Land Size
-
Price per sqft
$93
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1978

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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 #11919326)

Price History

Date / Event Date Event Price
Nov 27, 2023 Sold
Premium
Sold
Nov 2, 2023 Listed by Keller Williams Revolution $235,000
Listed by Keller Williams Revolution

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 945
  • Garage Type: 1
  • Garage Square Area: 602
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,951
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,835
  • Gross Building Area: 2,835
  • Building Area: 2,233
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,233
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WASHINGTON EAST SUB
  • Land Acres: 0000000228
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 7TH ADD TO WASHINGTON EAST SUB LOT 273

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001103

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-01-302-065
  • Lot: 273
  • Meridian: SEC 01 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4762
  • Longitude: -88.9414

    Address

  • Full Address: 2704 Wellington Way
  • Address - House Number: 2704
  • Address - Street Name: Wellington
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C002
  • 4-Digit Zip Code: 4660
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $504,178
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 236,237
  • High Value: 257,504
  • Low Value: 214,970

    Market Valuation

  • Market Total Value: $177,969
  • Market Land Value: $40,977
  • Market Improvement Value: $136,992

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,323
  • Assessed Land Value: $13,659
  • Assessed Improvements Value: $45,664

    Sales

  • Current Sale Contract Date: Nov 22, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16926
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:

$260,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2485 ft²

Average Home Age

60.3 years

Currently For Sale

107 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 1313 E Washington Street, Bloomington, IL, 61701

$2,400 /mo

  • 5 Beds
  • 2 Baths
  • 3,525 ft²
1313 E Washington Street, Bloomington, IL, 61701 Listing by Colleen Zerebny

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Adrianne Cornejo, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11919326
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 2704 Wellington Way built and last sold?
The property at 2704 Wellington Way was built in 1978 and last sold on Nov 22, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 2704 Wellington Way is $0.
What are some comparable homes to 2704 Wellington Way?
There are currently no comparable homes to 2704 Wellington Way.
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