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Bloomington 61701
52 Parkshores Court
$242,158
● House - Off Market

52 Parkshores Court

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,706 Ft²
$1,489
Est. Monthly
10.05%
Cap Rate

About This Property

Move-in ready home located in Park Place subdivision/White Oak Park and Lake. Beautiful park setting with lake, walking trail, and playground.  3 fantastic bedrooms and 2 full baths.  Updated paint and flooring.  Massive main floor family room with walkout to the backyard. Massive living room with water views, fireplace and dining area.  The open floor plan is ideal!  Beautiful park setting with no back yard neighbors for you to enjoy from your deck or patio.  Walking trail access just steps away.  No need to appliance shop as all are remaining.  This includes the washer and dryer!  2-car attached garage with back yard access provides plenty of additional space. New fence in 2023.  New luxury vinyl tile flooring on the main floor in 2024.  Largest yard in the subdivision. Furnace/AC new in 2016.  Roof in 2010.
Unit Size
1,706 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1995

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 200
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 662
  • Garage Type: 7
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,648
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,364
  • Gross Building Area: 2,364
  • Building Area: 1,702
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,702
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHITE OAK PARK SUB
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: (EX S2) LOT 29 FIRST ADD TO LAKESHORES OF WHITE OAK PARK SUB

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001403

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 14-32-179-027
  • Lot: 29
  • Meridian: SEC 32 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4978
  • Longitude: -89.0122

    Address

  • Full Address: 52 Parkshores Dr
  • Address - House Number: 52
  • Address - Street Name: Parkshores
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R007
  • 4-Digit Zip Code: 1439
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $425,756
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 204,011
  • High Value: 244,302
  • Low Value: 163,721

    Market Valuation

  • Market Total Value: $162,552
  • Market Land Value: $36,348
  • Market Improvement Value: $126,204

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,184
  • Assessed Land Value: $12,116
  • Assessed Improvements Value: $42,068

    Sales

  • Current Sale Contract Date: Jan 14, 2023
  • Current Sale Recording Date: Feb 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2098
  • Previous Sale Recording Date: Apr 25, 2019
  • Previous Sale Contract Date: Apr 22, 2019
  • Previous Sale Amount: $146,500
  • 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:

$264,500

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2471 ft²

Average Home Age

60.2 years

Currently For Sale

99 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

Unit for rent at 612 1/2 E Chestnut Street, Bloomington, IL, 61701

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
612 1/2 E Chestnut Street #2, Bloomington, IL, 61701 Listing by Tracy Haas Riley

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cindy Eckols, RE/MAX Choice
Data Source: MRED, MLS# MRD12352162
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 52 Parkshores Drive built and last sold?
The property at 52 Parkshores Drive was built in 1995 and last sold on Jan 14, 2023 for $190,000.
How much is this home worth?
The estimated value of the home located at 52 Parkshores Drive is $221,375.
What are some comparable homes to 52 Parkshores Drive?
There are currently no comparable homes to 52 Parkshores Drive.
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