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Bloomington 61704 Old Farm Lakes
3306 Cumbria Drive
$262,000
● House - Off Market

3306 Cumbria Drive

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,198 Ft²
$292,505
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Looking for a pristine, move in ready 4 bedroom, 3 1/2 baths with beautiful hardwood entry through 1/2 bath and dining room. Custom cherry cabinets, quartz countertops, newer stainless steel appliances. Sliding door to plush lawn and landscaping all around the home. Large trees shade patio during afternoon sun. formal dining and living room with crown molding, large family room with gas fireplace. Master bedroom with private bath with double bowl vanity and walk in. 3 other large bedrooms and bath up. Cute cubby area off the 2 car garage with workbench and pegboard. Yard has irrigation system, newer roof 2011, furnace and A/C 2010, radon mitigation system installed in finished basement with family room, game/craft room, office and full bath! This house is immaculate and in a awesome location!
Unit Size
3,198 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$81
Property Type
House
Property Taxes
$371
HOA Dues
$19
Year Built
1990

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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 #11164821)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Jul 22, 2021 Listed by Coldwell Banker Real Estate Group $259,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,000
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,840
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 730
  • Total Building Area: 3,484
  • Gross Building Area: 3,484
  • Building Area: 3,044
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,044
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD FARM LAKES
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: OLD FARM LAKES NO 2 LOT 204

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001107

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 21-12-201-070
  • Lot: 204
  • Meridian: SEC 12 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4699
  • Longitude: -88.9321

    Address

  • Full Address: 3306 Cumbria Dr
  • Address - House Number: 3306
  • Address - Street Name: Cumbria
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R019
  • 4-Digit Zip Code: 1226
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $564,130
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 308,985
  • High Value: 365,613
  • Low Value: 252,358

    Market Valuation

  • Market Total Value: $217,131
  • Market Land Value: $45,165
  • Market Improvement Value: $171,966

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,377
  • Assessed Land Value: $15,055
  • Assessed Improvements Value: $57,322

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00024240
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 Old Farm Lakes

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$107

Above Asking

0.00%

Average Days on Market

38

Average Home Size

2998 ft²

Average Home Age

30.8 years

Currently For Sale

0 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

Unit for rent at 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,900 /mo

  • 4 Beds
  • 2 Baths
  • 3,196 ft²
3125 Old Jamestown Road, Bloomington, IL, 61704 Listing by Reshma Shah

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Haeffele, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11164821
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 3306 Cumbria Drive built and last sold?
The property at 3306 Cumbria Drive was built in 1990 and last sold on Sep 21, 2021 for $262,000.
How much is this home worth?
The estimated value of the home located at 3306 Cumbria Drive is $0.
What are some comparable homes to 3306 Cumbria Drive?
There are currently no comparable homes to 3306 Cumbria Drive.
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