See Home Value
Normal 61761
307 Margaret Avenue
$242,500
● House - Off Market

307 Margaret Avenue

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,112 Ft²
$1,553
Est. Monthly

About This Property

Come see this adorable Brick Ranch with a large backyard! Located in a quiet neighborhood in central Normal, this is the home you've been looking for! The main floor features a large living room, which leads into the eat-in kitchen area.  It also features 3 good sized bedrooms and a full bath. The basement is mostly finished, with a wet bar, a rec room, full bathroom, storage and utility rooms. The backyard is great for entertaining with a mostly fenced yard and covered patio. The current owner has painted almost the entire house in the last 2 yrs. The kitchen features new cabinets (23), new microwave (25), an eat-in area, and all appliances stay! Other updates include, but not limited to:  newer Lennox HVAC-A/C (17), furnace (18), water heater (21), Radon mitigation system (23), updated light fixtures, new hardware on interior doors, ductwork cleaned (June '26). Electrical was updated on main floor in 2023 as well (grounded, GFCIs added). Other unique features include interior maple doors & a laundry chute. Brick ranches are few and far between, so come make this one yours today!
Unit Size
2,112 Ft²
Days on Market
-
Land Size
-
Price per sqft
$111
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1959

Payment Calculator

Cap Rate Calculator

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,056
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,534
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,112
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKDALE HEIGHTS
  • Land Acres: 0000000219
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: OAKDALE HEIGHTS LOT 37 7

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000301

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-29-430-014
  • Lot: 37
  • Meridian: SEC 29 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.507
  • Longitude: -89.0053

    Address

  • Full Address: 307 Margaret Ave
  • Address - House Number: 307
  • Address - Street Name: Margaret
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Normal
  • Carrier Code: C049
  • 4-Digit Zip Code: 2814
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $449,680
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2039
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 185,498
  • High Value: 223,339
  • Low Value: 147,657

    Market Valuation

  • Market Total Value: $150,177
  • Market Land Value: $30,519
  • Market Improvement Value: $119,658

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,059
  • Assessed Land Value: $10,173
  • Assessed Improvements Value: $39,886

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Sep 05, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11782
  • Previous Sale Recording Date: Sep 16, 2021
  • Previous Sale Contract Date: Aug 18, 2021
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Normal


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 612 1/2 E Chestnut Street, Bloomington, IL, 61701

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
612 1/2 E Chestnut Street #2, Bloomington, IL, 61701 Listing by Tracy Haas Riley
Unit for rent at 707 N Golfcrest Road, Normal, IL, 61761

$750 /mo

  • 3 Beds
  • 2 Baths
  • 1,086 ft²
707 N Golfcrest Road #3, Normal, IL, 61761 Listing by DeAnna Carlson


Frequently Asked Questions

When was property at 307 Margaret Avenue built and last sold?
The property at 307 Margaret Avenue was built in 1959 and last sold on Aug 25, 2023 for $185,000.
How much is this home worth?
The estimated value of the home located at 307 Margaret Avenue is $231,429.
What are some comparable homes to 307 Margaret Avenue?
There are currently no comparable homes to 307 Margaret Avenue.