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Bloomington 61704
2713 Ridge Road
$299,000
● House - Off Market

2713 Ridge Road

Bloomington, IL 61704
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,160 Ft²
$323,804
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Awesome updated three bedroom, three and a half bathroom home in Bloomington. This home features tons of updates throughout! The main level has an open feel with the kitchen opening up to the family room, complete with a fireplace with built in surrounds. The second level offers a laundry room, and three bedrooms, including a master suite with a walk in shower and walk in closet. The finished basement offers another space to enterain and enjoy with friends and family, a full bathroom and lots of storage space! Walk out the back door to you own private oasis! Featuring an inground pool, concrete patio and an extra contrete space to make your own (would be perfect for a basketball court or firepit area!). Don't wait to make this house your home today!
Unit Size
2,160 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$143
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1982

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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 #11656061)

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold
Premium
Sold
Oct 19, 2022 Listed by RE/MAX Rising $309,900
Listed by RE/MAX Rising

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 695
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 12,932
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 860
  • Total Building Area: 3,361
  • Gross Building Area: 3,361
  • Building Area: 2,487
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,487
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAMSBURG ESTATES
  • Land Acres: 0000000297
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: WILLIAMSBURG ESTATES 4TH ADD LOT 100

Neighborhood

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

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-02-480-007
  • Lot: 100
  • Meridian: SEC 02 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4751
  • Longitude: -88.9438

    Address

  • Full Address: 2713 Ridge Rd
  • Address - House Number: 2713
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R035
  • 4-Digit Zip Code: 4561
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $580,660
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 305,041
  • High Value: 332,501
  • Low Value: 277,580

    Market Valuation

  • Market Total Value: $204,966
  • Market Land Value: $41,562
  • Market Improvement Value: $163,404

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,322
  • Assessed Land Value: $13,854
  • Assessed Improvements Value: $54,468

    Sales

  • Current Sale Contract Date: Dec 20, 2007
  • Current Sale Recording Date: Mar 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2933
  • Previous Sale Recording Date: Dec 30, 2015
  • Previous Sale Contract Date: Dec 07, 2015
  • Previous Sale Amount: $170,000
  • 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

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

$2,850 /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: Noelle Burns, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11656061
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 2713 Ridge Road built and last sold?
The property at 2713 Ridge Road was built in 1982 and last sold on Dec 20, 2007 for $299,000.
How much is this home worth?
The estimated value of the home located at 2713 Ridge Road is $0.
What are some comparable homes to 2713 Ridge Road?
There are currently no comparable homes to 2713 Ridge Road.
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