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Normal 61761
3147 Butterfly Drive
$380,000
● House - Off Market

3147 Butterfly Drive

Normal, IL 61761
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,077 Ft²
$385,645
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to 3147 Butterfly Drive, a beautiful 5 bed 3.5 bath home in Eagles Landing.  On the main level you will find an open floorpan which boasts a beautifully remodeled eat in kitchen (2019), generously sized living room, office, and ample storage! Just off the kitchen you'll find your outdoor oasis complete with in-ground pool and fire pit! Your large primary suite featuring a large primary closet,  en suite bathroom and vaulted ceilings is located on the second level.  Also on the second level you'll find three nicely sized bedrooms, a full bathroom, and laundry room.  The basement is the perfect spot for movie night with a large living area, cabinets and a counter to. store all of your snacks and a large bedroom and another full bathroom. Don't miss this beautiful home in a prime location in Normal!
Unit Size
3,077 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$125
Property Type
House
Property Taxes
$568
HOA Dues
-
Year Built
2004

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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 #11783377)

Price History

Date / Event Date Event Price
Jun 29, 2023 Sold
Premium
Sold
May 17, 2023 Listed by RE/MAX Rising $385,000
Listed by RE/MAX Rising

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • 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: 957
  • Garage Type: 7
  • Garage Square Area: 628
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,249
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,077
  • Building Area: 2,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,120
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLES LANDING SUB
  • Land Acres: 0000000189
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: EAGLES LANDING SUB 1ST ADD LT 130

Neighborhood

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

Geography

  • District: 30
  • Parcel: 14-24-251-012
  • Lot: 130
  • Meridian: SEC 24 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5281
  • Longitude: -88.9308

    Address

  • Full Address: 3147 Butterfly Dr
  • Address - House Number: 3147
  • Address - Street Name: Butterfly
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Normal
  • Carrier Code: R042
  • 4-Digit Zip Code: 9397
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $709,100
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2039
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 344,842
  • High Value: 415,163
  • Low Value: 274,521

    Market Valuation

  • Market Total Value: $254,814
  • Market Land Value: $54,747
  • Market Improvement Value: $200,067

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,938
  • Assessed Land Value: $18,249
  • Assessed Improvements Value: $66,689

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8856
  • Previous Sale Recording Date: Dec 20, 2006
  • Previous Sale Contract Date: Dec 08, 2006
  • Previous Sale Amount: $55,500
  • 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:

$277,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2062 ft²

Average Home Age

42.8 years

Currently For Sale

45 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

Rentals Near You

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MRED

Listed by: Rhendy Bradshaw, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11783377
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 3147 Butterfly Drive built and last sold?
The property at 3147 Butterfly Drive was built in 2004 and last sold on Jun 29, 2023 for $380,000.
How much is this home worth?
The estimated value of the home located at 3147 Butterfly Drive is $388,902.
What are some comparable homes to 3147 Butterfly Drive?
There are currently no comparable homes to 3147 Butterfly Drive.
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