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Bloomington 61705 Fox Creek Road
2709 Piney Run
$447,000
● House - Off Market

2709 Piney Run

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,632 Ft²
$3,019
Est. Monthly

About This Property

Well-maintained ranch in the desirable Fox Creek subdivision. The main level features 9-foot ceilings and an open floor plan with hardwood flooring through the main living area, foyer, and kitchen. The kitchen offers granite countertops, stainless steel appliances, a center island with pendant lighting, and a large walk-in pantry. The primary suite includes tray ceilings, built-in bookshelves, double sinks, a custom tiled walk-in shower, and a spacious walk-in closet. Convenient main floor laundry and a mudroom with built-in lockers are located just off the garage. The finished basement has daylight windows and provides additional living space with a large family room, a spacious bedroom, and a full bathroom-ideal for guests or a potential in-law suite-along with ample storage. Convenient lawn irrigation system.
Unit Size
3,632 Ft²
Days on Market
-
Land Size
-
Price per sqft
$125
Property Type
House
Property Taxes
$789
HOA Dues
-
Year Built
2013

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 100
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 983
  • Garage Type: 1
  • Garage Square Area: 741
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 10,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,515
  • Gross Building Area: 3,515
  • Building Area: 2,774
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,774
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX CREEK
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: FOX CREEK COUNTRY CLUB 14TH ADD LT 491

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001402

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-19-102-012
  • Lot: 491
  • Meridian: SEC 19 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4438
  • Longitude: -89.0384

    Address

  • Full Address: 2709 Piney Run
  • Address - House Number: 2709
  • Address - Street Name: Piney
  • Address - Suffix Type: Run
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R039
  • 4-Digit Zip Code: 6457
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $817,668
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 419,967
  • High Value: 495,055
  • Low Value: 344,880

    Market Valuation

  • Market Total Value: $295,614
  • Market Land Value: $49,701
  • Market Improvement Value: $245,913

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,538
  • Assessed Land Value: $16,567
  • Assessed Improvements Value: $81,971

    Sales

  • Current Sale Contract Date: Jul 11, 2014
  • Current Sale Recording Date: Jul 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014-00011936
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 Fox Creek Road

Stats & Trends

Median Asking:

$452,000

Sale Price/ft²

$122

Below Asking

0.01%

Average Days on Market

87

Average Home Size

3776 ft²

Average Home Age

10.8 years

Currently For Sale

5 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

Rentals Near You

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MRED

Listed by: Amanda Armstrong, RE/MAX Rising
Data Source: MRED, MLS# MRD12585731
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 2709 Piney Run built and last sold?
The property at 2709 Piney Run was built in 2013 and last sold on Jul 11, 2014 for $325,000.
How much is this home worth?
The estimated value of the home located at 2709 Piney Run is $458,123.
What are some comparable homes to 2709 Piney Run?
There are currently no comparable homes to 2709 Piney Run.
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