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Bloomington 61705 Pepper Ridge
2821 Rutherford Drive
$212,000
● House - Off Market

2821 Rutherford Drive

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,408 Ft²
$217,018
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Move-in ready Ranch in Pepper Subdivision!  This home has so much to offer!  From the FOUR bedrooms and high vaulted family room ceiling, to the finished basement with a dry bar, there's a lot of space for entertaining and spreading out.  Three bedrooms on the first floor, including a master suite.  The fourth bedroom is privately located in the basement alongside another full bathroom and second family room.  Eat-in kitchen has sliding glass doors out to the fenced in backyard and deck - great natural light.  The decor in this home will set you up for great decorating ideas!  Updates include:  Roof 2014, HVAC 2011, Water heater 2013, Luxury vinyl plank flooring in basement 2022, Come take a look!
Unit Size
2,408 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$87
Property Type
House
Property Taxes
$345
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 #11458291)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by Keller Williams Revolution $209,900
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: 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: 6
  • Basement Area: 1,176
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,591
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,936
  • Gross Building Area: 2,936
  • Building Area: 2,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,408
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEPPER RIDGE SUB
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 80 PEPPER RIDGE SUB

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: 21-19-127-027
  • Lot: 80
  • Meridian: SEC 19 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4424
  • Longitude: -89.0311

    Address

  • Full Address: 2821 Rutherford Dr
  • Address - House Number: 2821
  • Address - Street Name: Rutherford
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R034
  • 4-Digit Zip Code: 6517
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $452,184
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1511
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 247,168
  • High Value: 284,523
  • Low Value: 209,813

    Market Valuation

  • Market Total Value: $171,525
  • Market Land Value: $31,950
  • Market Improvement Value: $139,575

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,175
  • Assessed Land Value: $10,650
  • Assessed Improvements Value: $46,525

    Sales

  • Current Sale Contract Date: Jul 20, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15161
  • Previous Sale Recording Date: Sep 07, 2016
  • Previous Sale Contract Date: Aug 31, 2016
  • Previous Sale Amount: $166,000
  • 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.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Seth Couillard, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11458291
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 2821 Rutherford Drive built and last sold?
The property at 2821 Rutherford Drive was built in 1994 and last sold on Jul 20, 2022 for $237,333.
How much is this home worth?
The estimated value of the home located at 2821 Rutherford Drive is $0.
What are some comparable homes to 2821 Rutherford Drive?
There are currently no comparable homes to 2821 Rutherford Drive.
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