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Bloomington 61704 Eagle Crest
3324 Summerview Lane
$325,000
● House - Off Market

3324 Summerview Lane

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,072 Ft²
$328,673
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

4 Bedroom 3 and a half bath Spacious home in Eagle Crest. Wonderful Family Friendly Neighborhood (Grove Elementary) So Many Updates!! New Flooring throughout the Entire Main and Upper Level. New Front Door and New Full French Doors Leading to the No Maintenance Deck. Full Bath and Egress Window added in Basement (2019), HVAC New in (2022), Roof (2014). Professionally Landscaped in 2021. Large Fenced in Backyard. Great For Entertaining with Large Stamped Concrete Patio with Firepit and Basketball Sport Court. Make This Yours Today.
Unit Size
2,072 Ft²
Days on Market
-
Land Size
-
Price per sqft
$159
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1997

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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 #11852975)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Aug 10, 2023 Listed by Coldwell Banker Real Estate Group $329,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • 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: 600
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,748
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,078
  • Gross Building Area: 3,078
  • Building Area: 2,616
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,616
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE CREST NORTH 1ST ADD
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 62 EAGLE CREST NORTH 1ST ADD

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 005103

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 15-30-128-007
  • Lot: 62
  • Meridian: SEC 30 TWN 24N RNG 03E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.5168
  • Longitude: -88.9134

    Address

  • Full Address: 3324 Summerview Ln
  • Address - House Number: 3324
  • Address - Street Name: Summerview
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R024
  • 4-Digit Zip Code: 8383
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $609,086
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 308,560
  • High Value: 364,322
  • Low Value: 252,797

    Market Valuation

  • Market Total Value: $224,796
  • Market Land Value: $42,120
  • Market Improvement Value: $182,676

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,932
  • Assessed Land Value: $14,040
  • Assessed Improvements Value: $60,892

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Nov 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15215
  • Previous Sale Recording Date: Apr 24, 2017
  • Previous Sale Contract Date: Apr 13, 2017
  • Previous Sale Amount: $220,000
  • 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 Eagle Crest

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$116

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3149 ft²

Average Home Age

30.2 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

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MRED

Listed by: Becky Bauer, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11852975
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 3324 Summerview Lane built and last sold?
The property at 3324 Summerview Lane was built in 1997 and last sold on Oct 27, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 3324 Summerview Lane is $0.
What are some comparable homes to 3324 Summerview Lane?
There are currently no comparable homes to 3324 Summerview Lane.
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