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Bloomington 61701 Oakwoods
5 Ivey Court
$185,000
● House - Off Market

5 Ivey Court

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,892 Ft²
$164,550
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

This well maintained 3 bed, 2 bath ranch in Oakwoods is just what you have been looking for! You'll love the eat in kitchen that opens to a large deck and backyard, perfect for entertaining! The finished basement offers a full bathroom and plenty of flex space for you to make your own!
Unit Size
1,892 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$87
Property Type
House
Property Taxes
$244
HOA Dues
$23
Year Built
1985

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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 #11813500)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
Jun 21, 2023 Listed by RE/MAX Rising $165,000
Listed by RE/MAX Rising

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 507
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,397
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,607
  • Gross Building Area: 1,607
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKWOODS DEV
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: OAKWOODS DEV LOT 29

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001404

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-17-103-021
  • Lot: 29
  • Meridian: SEC 17 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4577
  • Longitude: -89.019

    Address

  • Full Address: 5 Ivey Ct
  • Address - House Number: 5
  • Address - Street Name: Ivey
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R020
  • 4-Digit Zip Code: 7807
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $292,198
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 185,072
  • High Value: 218,840
  • Low Value: 151,305

    Market Valuation

  • Market Total Value: $132,207
  • Market Land Value: $33,156
  • Market Improvement Value: $99,051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,069
  • Assessed Land Value: $11,052
  • Assessed Improvements Value: $33,017

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10195
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 Oakwoods

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$131

Below Asking

0.01%

Average Days on Market

36

Average Home Size

2114 ft²

Average Home Age

36.6 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: Rhendy Bradshaw, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11813500
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 5 Ivey Court built and last sold?
The property at 5 Ivey Court was built in 1985 and last sold on Jul 28, 2023 for $185,000.
How much is this home worth?
The estimated value of the home located at 5 Ivey Court is $0.
What are some comparable homes to 5 Ivey Court?
There are currently no comparable homes to 5 Ivey Court.
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