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McLean 61704
429 Standish Drive
$200,000
● House - Off Market

429 Standish Drive

Bloomington, IL 61704
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,728 Ft²
$188,836
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Colonial Meadows Subdivision! Awesome East-side location! 2012 the property was REMODLED. Newer cabinets in Kitchen, hardwood floors on the main level.  Fenced in yard 85x185 lot.  It has a very large lot, fenced in along with a two-car attached garage with a four-car detached garage with 2/3 concrete flooring. Detached garage has a front and a back door entrance and exit. Garage has electric and a gas line as well as a cable line.  8 spaces for parking with a concrete driveway and gravel.  AC/FURNACE 2002, WATER HEATER is roughly 8 years old.  ROOF will be new in 2023, complete tear off by the closing date. SEPTIC new in 2002. Lower level is mainly drywalled and some rooms have ceiling and need flooring. There is plumbing for a full bath where the half bath is in lower level.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$110
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1969

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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 #11804319)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jun 7, 2023 Listed by RE/MAX Choice $189,900
Listed by RE/MAX Choice

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 414
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,681
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL MEADOWS
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 52 COLONIAL MEADOWS

Neighborhood

  • School District Name: Bloomington School District 87
  • Census Tract: 001103

Geography

  • District: 5
  • Parcel: 21-01-477-028
  • Lot: 52
  • Meridian: SEC 01 TWN 23N RNG 02E
  • Municipality: BLOOMINGTON
  • Latitude: 40.4754
  • Longitude: -88.9246

    Address

  • Full Address: 429 Standish Dr
  • Address - House Number: 429
  • Address - Street Name: Standish
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R019
  • 4-Digit Zip Code: 4692
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $264,700
  • Tax Rate Code Area: 511

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 181,430
  • High Value: 209,868
  • Low Value: 152,993

    Market Valuation

  • Market Total Value: $116,676
  • Market Land Value: $21,162
  • Market Improvement Value: $95,514

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,892
  • Assessed Land Value: $7,054
  • Assessed Improvements Value: $31,838

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Sep 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11772
  • Previous Sale Recording Date: Jun 17, 2008
  • Previous Sale Contract Date: Mar 31, 2008
  • 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 McLean

Stats & Trends

Median Asking:

$264,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2442 ft²

Average Home Age

52.8 years

Currently For Sale

203 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 Gerig, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11804319
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 429 Standish Drive built and last sold?
The property at 429 Standish Drive was built in 1969 and last sold on Aug 25, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 429 Standish Drive is $0.
What are some comparable homes to 429 Standish Drive?
There are currently no comparable homes to 429 Standish Drive.
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