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Bloomington 61704
3604 Pamela Drive
$654,900
● House - Off Market

3604 Pamela Drive

Bloomington, IL 61704
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,405 Ft²
$4,467
Est. Monthly
$19
HOA / Fees
3.23%
Cap Rate

About This Property

Welcome to your home on the serene Sapphire Lake!! As you step through the front door, you'll be greeted by natural sunlight pouring in through the large windows, offering stunning views of the lake. The open concept design features, six spacious bedrooms, three full baths, and two convenient half baths. The finished basement, provides additional living space, bedroom, bath & storage space!
Unit Size
4,405 Ft²
Days on Market
-
Land Size
-
Price per sqft
$150
Property Type
House
Property Taxes
$1,208
HOA Dues
$19
Year Built
2012

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2012
  • Building Count: 1
  • Total Rooms: 7
  • 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: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,500
  • Garage Type: 1
  • Garage Square Area: 1,101
  • Parking Space Count: 4
  • Patio Type: 79
  • Porch Type: 105
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 18,835
  • Lot Size Depth Feet: 1,920
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 5,720
  • Gross Building Area: 5,720
  • Building Area: 4,619
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 4,619
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAPPHIRE LAKE SUB
  • Land Acres: 0000000432
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SAPPHIRE LAKE SUB 2ND ADD LT 128

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 005104

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 15-31-254-010
  • Lot: 128
  • Meridian: SEC 31 TWN 24N RNG 03E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4961
  • Longitude: -88.9119

    Address

  • Full Address: 3604 Pamela Dr
  • Address - House Number: 3604
  • Address - Street Name: Pamela
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R040
  • 4-Digit Zip Code: 4044
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,360,270
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 579,994
  • High Value: 700,633
  • Low Value: 459,356

    Market Valuation

  • Market Total Value: $479,838
  • Market Land Value: $115,815
  • Market Improvement Value: $364,023

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $159,946
  • Assessed Land Value: $38,605
  • Assessed Improvements Value: $121,341

    Sales

  • Current Sale Contract Date: Dec 07, 2012
  • Current Sale Recording Date: Dec 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012-00032944
  • Previous Sale Recording Date: Jul 27, 2012
  • Previous Sale Contract Date: Jun 07, 2012
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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 Bloomington

Stats & Trends

Median Asking:

$264,500

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2471 ft²

Average Home Age

60.2 years

Currently For Sale

99 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: Marty Trunk, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12308285
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 3604 Pamela Drive built and last sold?
The property at 3604 Pamela Drive was built in 2012 and last sold on Dec 7, 2012 for $514,000.
How much is this home worth?
The estimated value of the home located at 3604 Pamela Drive is $662,407.
What are some comparable homes to 3604 Pamela Drive?
There are currently no comparable homes to 3604 Pamela Drive.
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