See Home Value
Normal 61761
505 Fairview Street
$217,000
● House - Off Market

505 Fairview Street

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,768 Ft²
$1,392
Est. Monthly
10.96%
Cap Rate

About This Property

Check out this ranch home, with 2-3 bedrooms, 2 full baths, a partially finished basement and detached 2 car garage and fully fenced back yard! The family room has great natural light and a shiplap style accent wall. The kitchen has ample storage and a eat-in space. There are currently 2 bedrooms. The largest bedroom was created by opening up the wall dividing two smaller bedrooms. The flexible divisor still remains and can be used to partition the room into 2 bedrooms, again if desired creating a 3 bedroom house.  There is a fun and functional sun room off the back of the house to enjoy.  The full basement is partially finished and includes a family room, other room (used as a bedroom) new full bath (2024) and designated laundry area. This lot has a lot of yard space and new deck (2024) to enjoy with family and friends! The location is super close to schools, shopping, restaurants and much more.
Unit Size
1,768 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1959

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,040
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,137
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 2,080
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSR
  • Land Acres: 0000000325
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: TOWN SUR 1893 ASSR SUB S 1/2 21-24-2E (EX W110 & ST) N137.04, S194.04 W213.2 LOT 6

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000107

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-21-326-002
  • Lot: 6
  • Meridian: SEC 21 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5245
  • Longitude: -88.9946

    Address

  • Full Address: 505 Fairview St
  • Address - House Number: 505
  • Address - Street Name: Fairview
  • Address - Suffix Type: St
  • State: IL
  • City Name: Normal
  • Carrier Code: C041
  • 4-Digit Zip Code: 1222
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $376,910
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 155,829
  • High Value: 185,748
  • Low Value: 125,909

    Market Valuation

  • Market Total Value: $143,874
  • Market Land Value: $43,260
  • Market Improvement Value: $100,614

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,958
  • Assessed Land Value: $14,420
  • Assessed Improvements Value: $33,538

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00026832
  • Previous Sale Recording Date: Nov 09, 2021
  • Previous Sale Contract Date: Oct 29, 2021
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 55

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Normal


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1613 Belclare Road, Normal, IL, 61761

$2,700 /mo

  • 2 Beds
  • 3 Baths
  • 2,156 ft²
1613 Belclare Road, Normal, IL, 61761 Listing by Derrick Williams


Frequently Asked Questions

When was property at 505 Fairview Street built and last sold?
The property at 505 Fairview Street was built in 1959 and last sold on Oct 29, 2021 for $137,500.
How much is this home worth?
The estimated value of the home located at 505 Fairview Street is $0.
What are some comparable homes to 505 Fairview Street?
There are currently no comparable homes to 505 Fairview Street.