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Bloomington 61701
403 Phoenix Avenue
$154,925
● House - Off Market

403 Phoenix Avenue

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,516 Ft²
$154,469
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Beautiful American four square home centrally located near IWU, ISU, the constitution trail, parks and more. Walk right into this beautiful foyer with double arched entry way and hardwood floors. There is a spacious living room with many windows letting in the natural light. Through the arched doorway off the foyer you will find the formal dining room, perfect for entertaining. There are three good sized bedrooms upstairs with hardwood floors and built ins for storage in the hallway. The basement has tons of room for storage with a second bathroom in the basement. All this home needs is a little TLC to make it yours. This home is being sold AS-IS.
Unit Size
1,516 Ft²
Days on Market
-
Land Size
-
Price per sqft
$99
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1925

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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 #11706030)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Jan 23, 2023 Listed by CORE 3 Residential Real Estate LLC $149,900
Listed by CORE 3 Residential Real Estate LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 476
  • Garage Type: 4
  • Garage Square Area: 222
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 5,214
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,992
  • Gross Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NURSERY ADD
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: NURSERY ADD VAC ALLEY ADJ & W15 LOT 10 & E1/2 LOT 11 BLK 2

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001302

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 14-33-452-007
  • Block: 2
  • Lot: 10,11
  • Meridian: SEC 33 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4909
  • Longitude: -88.9885

    Address

  • Full Address: 403 Phoenix Ave
  • Address - House Number: 403
  • Address - Street Name: Phoenix
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C023
  • 4-Digit Zip Code: 1849
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $451,442
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 149,847
  • High Value: 163,337
  • Low Value: 136,358

    Market Valuation

  • Market Total Value: $159,354
  • Market Land Value: $16,647
  • Market Improvement Value: $142,707

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,118
  • Assessed Land Value: $5,549
  • Assessed Improvements Value: $47,569
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:

$261,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2498 ft²

Average Home Age

61.7 years

Currently For Sale

98 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Samantha Starkey-Walden, CORE 3 Residential Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11706030
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 403 Phoenix Avenue built and last sold?
The property at 403 Phoenix Avenue was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 403 Phoenix Avenue is $0.
What are some comparable homes to 403 Phoenix Avenue?
There are currently no comparable homes to 403 Phoenix Avenue.
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