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Bloomington 61705 Pepper Ridge
8 Rutherford Court
$175,000
● House - Off Market

8 Rutherford Court

Bloomington, IL 61705
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,288 Ft²
$1,260
Est. Monthly
17.16%
Cap Rate

About This Property

Welcome to 8 Rutherford Ct, Bloomington, ready for you to make your own at a great value! 4 bedrooms, 2 bathrooms, and 2 living spaces make this make this spacious house ideal for your personal home or an income property.  You'll enjoy the privacy offered by a large yard with no  backyard neighbors. Schedule your showing today to take a look!
Unit Size
2,288 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$79
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1993

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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: 2 years ago (MRED MLS #12266459)

Price History

Date / Event Date Event Price
Apr 8, 2025 Sold
Premium
Sold
Feb 9, 2025 In contract -
In contract
Jan 8, 2025 Listed by RE/MAX Rising $180,000
Listed by RE/MAX Rising

Property Highlights

Building Info

Overview

    General

  • Year Built: 1993
  • 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: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 1,004
  • Garage Type: 1
  • Garage Square Area: 496
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 10,482
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,552
  • Gross Building Area: 2,552
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,012
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEPPER RIDGE
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 50 PEPPER RIDGE

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001402

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-18-452-007
  • Lot: 50
  • Meridian: SEC 18 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4449
  • Longitude: -89.029

    Address

  • Full Address: 8 Rutherford Ct
  • Address - House Number: 8
  • Address - Street Name: Rutherford
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R034
  • 4-Digit Zip Code: 6518
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $433,690
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 237,680
  • High Value: 287,118
  • Low Value: 188,242

    Market Valuation

  • Market Total Value: $165,246
  • Market Land Value: $42,132
  • Market Improvement Value: $123,114

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,082
  • Assessed Land Value: $14,044
  • Assessed Improvements Value: $41,038
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 Pepper Ridge

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$111

Above Asking

0.00%

Average Days on Market

37

Average Home Size

2214 ft²

Average Home Age

31.6 years

Currently For Sale

0 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: 2 years ago
Data Source: MRED, MLS# 12266459
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 8 Rutherford Court built and last sold?
The property at 8 Rutherford Court was built in 1993 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Rutherford Court is $0.
What are some comparable homes to 8 Rutherford Court?
There are currently no comparable homes to 8 Rutherford Court.
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