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Bloomington 61704
2905 Casey Lane
$320,000
● House - Off Market

2905 Casey Lane

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,068 Ft²
$325,545
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Single owner home in Gaelic Place West. This home is in move in ready condition. 9 foot ceilings on main floor and basement. Front door opens to 2 story foyer. Main floor feature flex room which can be used as office or formal dinning room. Family room with fire place and Eat-in-Kitchen comes with all SS appliances, Island and pantry. There is also a half bath and laundry room which comes with washer & Dryer. Backyard has patio to enjoy summer evenings. All 4 bedrooms are on second floor with 2 full baths. Full unfinished basement is ready for the new buyer to add more living place. Unit 5 schools. 3 Car attached garage. Carpet has been professionally cleaned. All information deemed to be accurate but not warranted.
Unit Size
3,068 Ft²
Days on Market
-
Land Size
-
Price per sqft
$106
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
2010

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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 #11773248)

Price History

Date / Event Date Event Price
Jun 6, 2023 Sold
Premium
Sold
May 2, 2023 Listed by Keller Williams Revolution $325,000
Listed by Keller Williams Revolution

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 200
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 743
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 105
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,852
  • Gross Building Area: 2,852
  • Building Area: 2,109
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,109
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GAELIC PLACE
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: GAELIC PLACE WEST SUB 1ST ADD LT 56

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 005
  • Census Tract: 001108

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-12-456-011
  • Lot: 56
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4609
  • Longitude: -88.9318

    Address

  • Full Address: 2905 Casey Ln
  • Address - House Number: 2905
  • Address - Street Name: Casey
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R038
  • 4-Digit Zip Code: 8822
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $633,508
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.2039
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 356,904
  • High Value: 429,685
  • Low Value: 284,123

    Market Valuation

  • Market Total Value: $233,088
  • Market Land Value: $45,048
  • Market Improvement Value: $188,040

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,696
  • Assessed Land Value: $15,016
  • Assessed Improvements Value: $62,680

    Sales

  • Current Sale Contract Date: Jun 06, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7337
  • Previous Sale Recording Date: Jul 12, 2010
  • Previous Sale Contract Date: Jun 30, 2010
  • Previous Sale Amount: $216,000
  • 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:

$262,500

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2452 ft²

Average Home Age

59.9 years

Currently For Sale

98 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: Meenu Bhaskar, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11773248
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 2905 Casey Lane built and last sold?
The property at 2905 Casey Lane was built in 2010 and last sold on Jun 6, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 2905 Casey Lane is $0.
What are some comparable homes to 2905 Casey Lane?
There are currently no comparable homes to 2905 Casey Lane.
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