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Bloomington 61701
806 Towanda Avenue
$310,000
● House - Off Market

806 Towanda Avenue

Bloomington, IL 61701
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,182 Ft²
$330,852
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Almost an acre lot with an inground pool in the heart of Bloomington (across from the Country Club). 4 large size bedrooms and 2 1/2 baths with partially finished basement is waiting for your updates!  Roof replaced in 2008, Furnace, water heater and Dishwasher replaced in 2021, A/C replaced in past 10 yrs. too. Custom built home in 1975 with oversized brick and block walls filled with cement. Sump pump failed in 2021 so new drywall in basement. Pool liner is 5 yrs. old, heater is 4 yrs. old, and filter is 3 yrs. old. Long driveway for you to entertain and enjoy this beautiful home. Original owner! Hurry!!!
Unit Size
4,182 Ft²
Days on Market
-
Land Size
-
Price per sqft
$77
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1975

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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 #11423380)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Premium
Sold
Jun 22, 2022 Listed by Coldwell Banker Real Estate Group $320,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,394
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 36,758
  • Lot Size Depth Feet: 3,960
  • Lot Size Frontage Feet: 570
  • Total Building Area: 4,734
  • Gross Building Area: 4,734
  • Building Area: 4,182
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 4,182
  • Heating Fuel Type: 4

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAXINE LARTZ SUB
  • Land Acres: 0000000844
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: MAXINE LARTZ SUB LOT 2

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001200

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-03-201-017
  • Lot: 2
  • Meridian: SEC 03 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4874
  • Longitude: -88.9714

    Address

  • Full Address: 806 Towanda Ave
  • Address - House Number: 806
  • Address - Street Name: Towanda
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C030
  • 4-Digit Zip Code: 3337
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $745,928
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 377,375
  • High Value: 448,159
  • Low Value: 306,590

    Market Valuation

  • Market Total Value: $296,304
  • Market Land Value: $73,182
  • Market Improvement Value: $223,122

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,768
  • Assessed Land Value: $24,394
  • Assessed Improvements Value: $74,374

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14662
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:

$260,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2448 ft²

Average Home Age

59.8 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 1313 E Washington Street, Bloomington, IL, 61701

$2,400 /mo

  • 5 Beds
  • 2 Baths
  • 3,525 ft²
1313 E Washington Street, Bloomington, IL, 61701 Listing by Colleen Zerebny

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bev Virgil, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11423380
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 806 Towanda Avenue built and last sold?
The property at 806 Towanda Avenue was built in 1975 and last sold on Aug 5, 2022 for $310,000.
How much is this home worth?
The estimated value of the home located at 806 Towanda Avenue is $0.
What are some comparable homes to 806 Towanda Avenue?
There are currently no comparable homes to 806 Towanda Avenue.
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