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Bloomington 61705
5019 Longfield Road
$355,000
● House - Off Market

5019 Longfield Road

Bloomington, IL 61705
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,206 Ft²
$385,968
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Beautiful 5 bed, 3.5 bath home in the desirable Grove on Kickapoo Creek neighborhood.  Upstairs you will find 4 bedrooms including the generously sized primary bedroom with large full bathroom and walk in closet. You'll love the freshly painted kitchen with built in seating and a clear view of the expansive yard (additional cement pad and lanai added in 2015). There is plenty of room to relax or entertain in the basement which includes a bedroom, full bath, and built-in book cases.
Unit Size
2,206 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
House
Property Taxes
$662
HOA Dues
$8
Year Built
2012

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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 #11183346)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Aug 9, 2021 Listed by RE/MAX Rising $340,000
Listed by RE/MAX Rising

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Building Count: 1
  • Total Rooms: 8
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 830
  • Garage Type: 1
  • Garage Square Area: 722
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 15,197
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,820
  • Gross Building Area: 3,820
  • Building Area: 3,098
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,098
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KICKAPOO CREEK
  • Land Acres: 0000000349
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE GROVE ON KICKAPOO CREEK 3RD ADD LOT 314

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 005401

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 22-08-481-013
  • Lot: 314
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.462
  • Longitude: -88.8846

    Address

  • Full Address: 5019 Longfield Rd
  • Address - House Number: 5019
  • Address - Street Name: Longfield
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R002
  • 4-Digit Zip Code: 9502
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $882,384
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 405,442
  • High Value: 483,868
  • Low Value: 327,016

    Market Valuation

  • Market Total Value: $317,586
  • Market Land Value: $98,409
  • Market Improvement Value: $219,177

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,862
  • Assessed Land Value: $32,803
  • Assessed Improvements Value: $73,059

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00023623
  • Previous Sale Recording Date: Jul 12, 2014
  • Previous Sale Contract Date: May 07, 2014
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$262,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2514 ft²

Average Home Age

60.8 years

Currently For Sale

102 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# 11183346
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 5019 Longfield Road built and last sold?
The property at 5019 Longfield Road was built in 2012 and last sold on Sep 21, 2021 for $355,000.
How much is this home worth?
The estimated value of the home located at 5019 Longfield Road is $0.
What are some comparable homes to 5019 Longfield Road?
There are currently no comparable homes to 5019 Longfield Road.
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