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Bloomington 61705
5020 Francesco Lane
$380,500
● House - Off Market

5020 Francesco Lane

Bloomington, IL 61705
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,456 Ft²
$360,633
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Awesome 2 Story home on large corner lot in The Grove !  Side-load garage ( Amazing Garage can fit 4 cars easily)   Walk-in closets in all 4 bedrooms.  Double sinks in both full baths.  Spacious floor plan with large foyer.  Convenient 2nd floor laundry !! Move In jCondition !!
Unit Size
2,456 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$145
Property Type
House
Property Taxes
$726
HOA Dues
$8
Year Built
2011

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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 #11319205)

Price History

Date / Event Date Event Price
Jun 6, 2022 Sold
Premium
Sold
Feb 5, 2022 Listed by Keller Williams Revolution $356,500
Listed by Keller Williams Revolution

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • 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: 600
  • Garage Type: 1
  • Garage Square Area: 1,011
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 105
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 11,280
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 940
  • Total Building Area: 4,271
  • Gross Building Area: 4,271
  • Building Area: 3,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,260
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KICKAPOO CREEK
  • Land Acres: 0000000259
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE GROVE ON KICKAPOO CREEK 1ST ADD LT 119

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: 22-08-476-022
  • Lot: 119
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4605
  • Longitude: -88.8847

    Address

  • Full Address: 5020 Francesco Ln
  • Address - House Number: 5020
  • Address - Street Name: Francesco
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R002
  • 4-Digit Zip Code: 7108
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $966,936
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 377,446
  • High Value: 446,841
  • Low Value: 308,050

    Market Valuation

  • Market Total Value: $346,293
  • Market Land Value: $76,914
  • Market Improvement Value: $269,379

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,431
  • Assessed Land Value: $25,638
  • Assessed Improvements Value: $89,793

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10521
  • Previous Sale Recording Date: Oct 31, 2012
  • Previous Sale Contract Date: Oct 18, 2012
  • Previous Sale Amount: $277,000
  • 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 Bloomington

Stats & Trends

Median Asking:

$262,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2459 ft²

Average Home Age

60.9 years

Currently For Sale

112 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

Rentals Near You

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MRED

Listed by: Thomas Krieger, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11319205
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 5020 Francesco Lane built and last sold?
The property at 5020 Francesco Lane was built in 2011 and last sold on May 13, 2022 for $253,666.
How much is this home worth?
The estimated value of the home located at 5020 Francesco Lane is $0.
What are some comparable homes to 5020 Francesco Lane?
There are currently no comparable homes to 5020 Francesco Lane.
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