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Bloomington 61704
2912 Grandview Drive
$250,000
● House - Off Market

2912 Grandview Drive

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,740 Ft²
$248,500
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome to your new home!  Fantastic location with huge lot nestled in mature trees.  Two story home with 4 bedrooms, 2 1/2 baths.  Open floor plan with family room featuring lots of glass and a wood burning fireplace. You will love the beautifully updated Florida room with a tiled floor, stone accents and a fireplace for cool nights.  In addition to a formal dining room, the kitchen has a separate breakfast room.  Note the large bedroom sizes.  Most all light fixtures and ceiling fans have been updated.  Homes in this neighborhood are rarely available.  Come take a look.  You will love it!
Unit Size
2,740 Ft²
Days on Market
-
Land Size
-
Price per sqft
$91
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1982

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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 #11830272)

Price History

Date / Event Date Event Price
Aug 30, 2023 Sold
Premium
Sold
Jul 26, 2023 Listed by Coldwell Banker Real Estate Group $249,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 4
  • 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: 5
  • Basement Area: 414
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 105
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 12,631
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 840
  • Total Building Area: 3,287
  • Gross Building Area: 3,287
  • Building Area: 2,321
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,321
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAMSBURG ESTATES
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: WILLIAMSBURG ESTATES 4TH ADD LOT 112

Neighborhood

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

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-02-480-015
  • Lot: 112
  • Meridian: SEC 02 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4746
  • Longitude: -88.9441

    Address

  • Full Address: 2912 Grandview Dr
  • Address - House Number: 2912
  • Address - Street Name: Grandview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R035
  • 4-Digit Zip Code: 4563
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $555,402
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 265,861
  • High Value: 314,586
  • Low Value: 217,137

    Market Valuation

  • Market Total Value: $214,050
  • Market Land Value: $40,983
  • Market Improvement Value: $173,067

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,350
  • Assessed Land Value: $13,661
  • Assessed Improvements Value: $57,689

    Sales

  • Current Sale Contract Date: Aug 17, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11949
  • Previous Sale Recording Date: Nov 16, 2017
  • Previous Sale Contract Date: Nov 10, 2017
  • Previous Sale Amount: $193,000
  • 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:

$264,500

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2471 ft²

Average Home Age

60.2 years

Currently For Sale

99 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: Madonna Epperson, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11830272
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 2912 Grandview Drive built and last sold?
The property at 2912 Grandview Drive was built in 1982 and last sold on Aug 17, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 2912 Grandview Drive is $0.
What are some comparable homes to 2912 Grandview Drive?
There are currently no comparable homes to 2912 Grandview Drive.
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