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Bloomington 61704
2901 Mockingbird Lane
$280,000
● House - Off Market

2901 Mockingbird Lane

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$1,747
Est. Monthly
13.84%
Cap Rate

About This Property

Centrally located in Broadmoor subdivision.  4 bedroom 2.5 bath with so many updates inside and out on A large corner fenced lot. You will see the owners care for this home with all the improvements they have put into this beautiful home! Lots of space through out. Master suite includes updated full bath and a large closet. updates include roof '14, water heater 2017, HVAC `23, insulated garage door 2017. and updated kitchen newer stainless appliances with center island and all baths remodeled. New deck and landscaping, new flooring 2022, new trim, new interior doors, 8 new windows, new stove 2025, New washer dryer 2023 Exterior paint striped and painted in 2023, Large family room in lower level  with fireplace new gas insert 2021. So many updates through out!!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$133
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1975

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • 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: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 750
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 10,159
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 2,086
  • Gross Building Area: 2,086
  • Building Area: 2,086
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,086
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROADMOOR SUB
  • Land Acres: 0000000233
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 4TH ADD BROADMOOR SUB LOT 200

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001107

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-11-234-001
  • Lot: 200
  • Meridian: SEC 11 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.47
  • Longitude: -88.9451

    Address

  • Full Address: 2901 Mockingbird Ln
  • Address - House Number: 2901
  • Address - Street Name: Mockingbird
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C038
  • 4-Digit Zip Code: 6231
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $403,730
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 242,642
  • High Value: 288,320
  • Low Value: 196,963

    Market Valuation

  • Market Total Value: $160,512
  • Market Land Value: $29,751
  • Market Improvement Value: $130,761

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,504
  • Assessed Land Value: $9,917
  • Assessed Improvements Value: $43,587

    Sales

  • Current Sale Contract Date: Aug 09, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019-00014565
  • Previous Sale Recording Date: Sep 13, 2019
  • Previous Sale Contract Date: Jun 29, 2019
  • Previous Sale Amount: $168,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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

45

Average Home Size

2443 ft²

Average Home Age

59.3 years

Currently For Sale

101 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

$2,700 /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: Stacia Jewett, Keller Williams Revolution
Data Source: MRED, MLS# MRD12465184
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 2901 Mockingbird Lane built and last sold?
The property at 2901 Mockingbird Lane was built in 1975 and last sold on Aug 9, 2019 for $168,500.
How much is this home worth?
The estimated value of the home located at 2901 Mockingbird Lane is $282,665.
What are some comparable homes to 2901 Mockingbird Lane?
There are currently no comparable homes to 2901 Mockingbird Lane.
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