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Bloomington 61705 Fox Creek Road
2912 Lone Oak Road
$450,000
● House - Off Market

2912 Lone Oak Road

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
2 Baths
square feet
4,216 Ft²
$460,388
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

THIS is the house you have been waiting for! This home has it all...FOUR car insulated garage, large laundry/mud room, generous sized bedrooms including master with stylish bath and grey vanities. The split floor plan offers a huge open living space on the main floor with a gas fireplace, dining area, and large kitchen with massive squared island, 2 toned cabinets and pantry closet. There is an amazing covered porch off the back perfect for entertaining in any weather. 2x6 exterior construction, LED puck lights for superior energy efficiency and light quality, USB port plugs situated throughout, wifi programable thermostat, high efficiency HVAC, MyQ garage door remote access from smart phones, electric car outlet... All modern up to date efficient building quality!
Unit Size
4,216 Ft²
Days on Market
-
Land Size
-
Price per sqft
$107
Property Type
House
Property Taxes
$8
HOA Dues
-
Year Built
2022

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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 #11345054)

Price History

Date / Event Date Event Price
Jul 9, 2022 Sold
Premium
Sold
Mar 11, 2022 Listed by BHHS Central Illinois REALTORS $450,000
Listed by BHHS Central Illinois REALTORS

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 100
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,800
  • Garage Type: 1
  • Garage Square Area: 920
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 720
  • Total Building Area: 4,828
  • Gross Building Area: 4,828
  • Building Area: 3,908
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,908
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX CREEK
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: FOX CREEK COUNTRY CLUB 9TH ADD LT 322

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001402

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-19-101-011
  • Lot: 322
  • Meridian: SEC 19 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4432
  • Longitude: -89.0351

    Address

  • Full Address: 2912 Lone Oak Rd
  • Address - House Number: 2912
  • Address - Street Name: Lone Oak
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R034
  • 4-Digit Zip Code: 9093
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $336,758
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 76
  • Final Value: 335,893
  • High Value: 395,927
  • Low Value: 275,858

    Market Valuation

  • Market Total Value: $114,336
  • Market Land Value: $58,176
  • Market Improvement Value: $56,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,112
  • Assessed Land Value: $19,392
  • Assessed Improvements Value: $18,720

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13367
  • Previous Sale Recording Date: Feb 07, 2022
  • Previous Sale Contract Date: Jan 31, 2022
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 27
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 Fox Creek Road

Stats & Trends

Median Asking:

$454,000

Sale Price/ft²

$122

Below Asking

0.02%

Average Days on Market

87

Average Home Size

3756 ft²

Average Home Age

17.8 years

Currently For Sale

6 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: Mark Bowers, BHHS Central Illinois REALTORS
Last Updated: 3 years ago
Data Source: MRED, MLS# 11345054
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 Lone Oak Road built and last sold?
The property at 2912 Lone Oak Road was built in 2022 and last sold on Jul 8, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 2912 Lone Oak Road is $0.
What are some comparable homes to 2912 Lone Oak Road?
There are currently no comparable homes to 2912 Lone Oak Road.
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