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Bloomington 61701
601 White Oak Road
$122,000
● House - Off Market

601 White Oak Road

Bloomington, IL 61701
bedrooms
2 Beds
bathrooms
1 Bath
square feet
2,250 Ft²
$130,005
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Sweet 2-bedroom home on a large corner lot. Roof  2016. The updated kitchen has ample cabinets and a bonus pantry! The dining room is large enough for a nice-sized table and chairs. The home and all appliances are being sold AS-IS with no known defects. The Hot Tub is leaking and is being left As-IS, the seller will not remove it. Great location!
Unit Size
2,250 Ft²
Days on Market
-
Land Size
-
Price per sqft
$56
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1900

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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 #11471756)

Price History

Date / Event Date Event Price
Sep 23, 2022 Sold
Premium
Sold
Jul 22, 2022 Listed by Coldwell Banker Real Estate Group $125,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • 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: 340
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,177
  • Lot Size Depth Feet: 690
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 1,455
  • Gross Building Area: 1,455
  • Building Area: 1,115
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,115
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AH MOORES ADD
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: AH MOORES ADD (EX E4) LOT 16 BLK 1

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001403

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-05-177-019
  • Block: 1
  • Lot: 16
  • Meridian: SEC 05 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4838
  • Longitude: -89.0141

    Address

  • Full Address: 601 White Oak Rd
  • Address - House Number: 601
  • Address - Street Name: White Oak
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C021
  • 4-Digit Zip Code: 2672
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $200,872
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 69
  • Final Value: 133,305
  • High Value: 163,130
  • Low Value: 103,480

    Market Valuation

  • Market Total Value: $103,905
  • Market Land Value: $24,309
  • Market Improvement Value: $79,596

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,635
  • Assessed Land Value: $8,103
  • Assessed Improvements Value: $26,532

    Sales

  • Current Sale Contract Date: Sep 21, 2022
  • Current Sale Recording Date: Sep 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17549
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:

$262,250

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2493 ft²

Average Home Age

62.1 years

Currently For Sale

100 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: Penny Wilson, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11471756
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 601 White Oak Road built and last sold?
The property at 601 White Oak Road was built in 1900 and last sold on Sep 21, 2022 for $122,000.
How much is this home worth?
The estimated value of the home located at 601 White Oak Road is $0.
What are some comparable homes to 601 White Oak Road?
There are currently no comparable homes to 601 White Oak Road.
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