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Twin Grove 61705
8476 Surrey Circle
$225,000
● House - Off Market

8476 Surrey Circle

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,231 Ft²
$221,387
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

! Beautifully Remodeled Ranch (2014) on half acre lot in Scenic Country Estates Subdivision. Exterior features newer vinyl siding, soffit, roof, windows, exterior doors & gutters. All new concrete sidewalks, patio and driveway that accesses oversized rear entry garage. Interior features all new wiring, plumbing, A/C, finsh flooring, interior doors, locker w/cubbies & trim. Newer Cabinets & Countertops in Kitchen & Baths. Full stainless steel appliance pkg. Must see!!!  Owner finishing up Interior Paint and Some New Floor Coverings in Lower Level/Steps
Unit Size
1,231 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$181
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1968

Payment Calculator

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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 #11860499)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Aug 27, 2023 Listed by Keller Williams Revolution $222,777
Listed by Keller Williams Revolution

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 644
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 1,346
  • Gross Building Area: 1,346
  • Building Area: 1,346
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,346
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY ESTATES
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: COUNTRY ESTATES IN S 1/2 SEC 33-24-1E LOT 6

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 005201

Geography

  • District: 14
  • Parcel: 13-33-327-007
  • Lot: 6
  • Meridian: SEC 33 TWN 24N RNG 01E
  • Municipality: DRY GROVE
  • Latitude: 40.4934
  • Longitude: -89.1068

    Address

  • Full Address: 8476 Surrey Cir
  • Address - House Number: 8476
  • Address - Street Name: Surrey
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R004
  • 4-Digit Zip Code: 6865
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $387,824
  • Tax Rate Code Area: 1403

    Appraisal Valuation

  • Standard Deviation: 0.1511
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 227,134
  • High Value: 261,461
  • Low Value: 192,807

    Market Valuation

  • Market Total Value: $164,097
  • Market Land Value: $28,359
  • Market Improvement Value: $135,738

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,699
  • Assessed Land Value: $9,453
  • Assessed Improvements Value: $45,246

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13699
  • Previous Sale Recording Date: Feb 07, 2014
  • Previous Sale Contract Date: Jan 31, 2014
  • Previous Sale Amount: $160,000
  • 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 Twin Grove

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$132

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3132 ft²

Average Home Age

42 years

Currently For Sale

2 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: Thomas Krieger, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11860499
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 8476 Surrey Circle built and last sold?
The property at 8476 Surrey Circle was built in 1968 and last sold on Sep 29, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 8476 Surrey Circle is $0.
What are some comparable homes to 8476 Surrey Circle?
There are currently no comparable homes to 8476 Surrey Circle.
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