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Bloomington 61704
2906 Wellington Way
$260,000
● House - Off Market

2906 Wellington Way

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,579 Ft²
$1,700
Est. Monthly
11.57%
Cap Rate

About This Property

Dive into Summer vibes now in this 4 bedroom 3 bathroom POOL home in Bloomington! Buy this house and move in just in time to host the first pool party of the Summer. This home has a lot to offer, but the outdoor space is where it's at! there's a great screened in patio area next to the pool and this pool is 10 feet deep, can you say "CANNONBALLLL" this is the one you've been waiting for.
Unit Size
2,579 Ft²
Days on Market
-
Land Size
-
Price per sqft
$101
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1984

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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.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • 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: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 105
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,444
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,218
  • Gross Building Area: 2,218
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WASHINGTON EAST 9TH ADD
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: WASHINGTON EAST 9TH ADD LOT 321

Neighborhood

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

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-01-328-019
  • Lot: 321
  • Meridian: SEC 01 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4762
  • Longitude: -88.9378

    Address

  • Full Address: 2906 Wellington Way
  • Address - House Number: 2906
  • Address - Street Name: Wellington
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C002
  • 4-Digit Zip Code: 4664
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $474,296
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 256,020
  • High Value: 302,941
  • Low Value: 209,099

    Market Valuation

  • Market Total Value: $185,421
  • Market Land Value: $37,158
  • Market Improvement Value: $148,263

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,807
  • Assessed Land Value: $12,386
  • Assessed Improvements Value: $49,421

    Sales

  • Current Sale Contract Date: Oct 16, 2014
  • Current Sale Recording Date: Oct 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014-00019472
  • Previous Sale Recording Date: Jul 18, 2013
  • Previous Sale Contract Date: Jul 09, 2013
  • Previous Sale Amount: $113,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

2488 ft²

Average Home Age

60.6 years

Currently For Sale

103 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 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,900 /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: Matthew Hansen, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12297121
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 2906 Wellington Way built and last sold?
The property at 2906 Wellington Way was built in 1984 and last sold on Oct 16, 2014 for $175,000.
How much is this home worth?
The estimated value of the home located at 2906 Wellington Way is $0.
What are some comparable homes to 2906 Wellington Way?
There are currently no comparable homes to 2906 Wellington Way.
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