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Normal 61761
2915 Blue Heron Road
$344,900
● House - Off Market

2915 Blue Heron Road

Normal, IL 61761
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,180 Ft²
$2,238
Est. Monthly
6.46%
Cap Rate

About This Property

Welcome to your new destination, a two-story home in an amazing location.  This house boasts 5 bedrooms and 3.5 bathrooms.  Four bedrooms are upstairs along with the laundry room and one bedroom in the basement.  Updates include kitchen countertops in 2020, basement re-modeled in 2020, backyard patio in 2018, and privacy fence in 2022.  All hardwood floors throughout the first and second floors.  This home is very-well maintained by its original owner.  Come see it fast before it is too late!
Unit Size
3,180 Ft²
Days on Market
-
Land Size
-
Price per sqft
$108
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
2006

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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.

Last updated: 3 years ago (MRED MLS #11936900)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Nov 30, 2023 Listed by Keller Williams Revolution $344,900
Listed by Keller Williams Revolution

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • 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: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,014
  • Garage Type: 7
  • Garage Square Area: 506
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,645
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 680
  • Total Building Area: 3,188
  • Building Area: 2,174
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,174
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLES LANDING SUB
  • Land Acres: 0000000176
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: EAGLES LANDING SUB 4TH ADD LT 431

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000507

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-24-177-007
  • Lot: 431
  • Meridian: SEC 24 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5258
  • Longitude: -88.9354

    Address

  • Full Address: 2915 Blue Heron Rd
  • Address - House Number: 2915
  • Address - Street Name: Blue Heron
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Normal
  • Carrier Code: R042
  • 4-Digit Zip Code: 9545
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $652,552
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 353,692
  • High Value: 385,532
  • Low Value: 321,852

    Market Valuation

  • Market Total Value: $235,929
  • Market Land Value: $54,747
  • Market Improvement Value: $181,182

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,643
  • Assessed Land Value: $18,249
  • Assessed Improvements Value: $60,394

    Sales

  • Current Sale Contract Date: Dec 13, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17650
  • Previous Sale Recording Date: Dec 13, 2007
  • Previous Sale Contract Date: Dec 06, 2007
  • Previous Sale Amount: $231,000
  • 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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2099 ft²

Average Home Age

42.6 years

Currently For Sale

44 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: Greg Teats, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11936900
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 2915 Blue Heron Road built and last sold?
The property at 2915 Blue Heron Road was built in 2006 and last sold on Dec 13, 2023 for $345,000.
How much is this home worth?
The estimated value of the home located at 2915 Blue Heron Road is $0.
What are some comparable homes to 2915 Blue Heron Road?
There are currently no comparable homes to 2915 Blue Heron Road.
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