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Bloomington 61701
415 Phoenix Avenue
$135,000
● House - Off Market

415 Phoenix Avenue

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,019 Ft²
$132,505
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Charming brick bungalow near Fell Avenue Park. Cozy interior with beautiful wood trim throughout. Full dining room off of the kitchen makes entertaining a breeze. Two spacious bedrooms with natural light, and a cute built-in in the closet. Unfinished attic gives extra storage space, large basement with work bench. 2-car detached garage at the back of the house.
Unit Size
1,019 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1925

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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 #11675931)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Nov 18, 2022 Listed by CORE 3 Residential Real Estate LLC $124,900
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: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 283
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,448
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,019
  • Gross Building Area: 1,151
  • Building Area: 1,019
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,019
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NURSERY ADD
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: NURSERY ADD LOT 6 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: 14-33-452-012
  • Block: 2
  • Lot: 6
  • Meridian: SEC 33 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4909
  • Longitude: -88.9877

    Address

  • Full Address: 415 Phoenix Ave
  • Address - House Number: 415
  • 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: $324,130
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 124,027
  • High Value: 135,192
  • Low Value: 112,862

    Market Valuation

  • Market Total Value: $114,414
  • Market Land Value: $20,592
  • Market Improvement Value: $93,822

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,138
  • Assessed Land Value: $6,864
  • Assessed Improvements Value: $31,274
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

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MRED

Listed by: Samantha Starkey-Walden, CORE 3 Residential Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11675931
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 415 Phoenix Avenue built and last sold?
The property at 415 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 415 Phoenix Avenue is $0.
What are some comparable homes to 415 Phoenix Avenue?
There are currently no comparable homes to 415 Phoenix Avenue.
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