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Bloomington 61705 Pepper Ridge
2720 Rocksbury Drive
$230,000
● House - Off Market

2720 Rocksbury Drive

Bloomington, IL 61705
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,003 Ft²
$233,905
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Welcome home to this move-in ready bi-level in Pepper Ridge Subdivision. Featuring 4 bedrooms, 2 full bathrooms, living space on both levels, and a whole list of recent updates! Some of these updates include a kitchen remodel in 2021, both bathrooms updated since 2020, HVAC, windows, and hot water heater replaced in 2020, plus brand new carpet installed just last week! The fully fenced in backyard is ready for your kids and pets to enjoy. Schedule your showing today!
Unit Size
2,003 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$115
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1994

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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 #11722790)

Price History

Date / Event Date Event Price
Apr 13, 2023 Sold
Premium
Sold
Feb 22, 2023 Listed by Keller Williams Revolution $229,900
Listed by Keller Williams Revolution

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 1,004
  • Garage Type: 1
  • Garage Square Area: 492
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,063
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,548
  • Gross Building Area: 2,548
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,012
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEPPER RIDGE
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 28 PEPPER RIDGE

Neighborhood

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

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-18-378-010
  • Lot: 28
  • Meridian: SEC 18 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4451
  • Longitude: -89.0302

    Address

  • Full Address: 2720 Rocksbury Dr
  • Address - House Number: 2720
  • Address - Street Name: Rocksbury
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R034
  • 4-Digit Zip Code: 6512
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $434,432
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 236,197
  • High Value: 279,379
  • Low Value: 193,015

    Market Valuation

  • Market Total Value: $165,498
  • Market Land Value: $33,303
  • Market Improvement Value: $132,195

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,166
  • Assessed Land Value: $11,101
  • Assessed Improvements Value: $44,065

    Sales

  • Current Sale Contract Date: Apr 13, 2023
  • Current Sale Recording Date: Apr 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4892
  • Previous Sale Recording Date: Dec 03, 2012
  • Previous Sale Contract Date: Aug 21, 2012
  • Previous Sale Amount: $129,000
  • 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 Pepper Ridge

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$111

Above Asking

0.00%

Average Days on Market

37

Average Home Size

2214 ft²

Average Home Age

31.6 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: Ryan Leake, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11722790
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 2720 Rocksbury Drive built and last sold?
The property at 2720 Rocksbury Drive was built in 1994 and last sold on Apr 13, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 2720 Rocksbury Drive is $232,199.
What are some comparable homes to 2720 Rocksbury Drive?
There are currently no comparable homes to 2720 Rocksbury Drive.
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