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Bloomington 61701
9 Marvin Gardens
$276,000
● House - Off Market

9 Marvin Gardens

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,659 Ft²
$1,813
Est. Monthly
7.65%
Cap Rate

About This Property

Very nice cul-de-sac location, granite C-tops, lots of tile, laminate & wood. Upgrades thruout, open kit & fam rm, skylites, whl hse fan, 16x16 deck w/natural gas grill hookup, wonderful backyard.
Unit Size
1,659 Ft²
Days on Market
-
Land Size
-
Price per sqft
$160
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1993

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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

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 7
  • 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: 2
  • Basement Area: 885
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 105
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,997
  • Gross Building Area: 2,997
  • Building Area: 2,514
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,514
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK PLACE
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 690 PARK PLACE NO 6

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: 14-32-104-035
  • Lot: 690
  • Meridian: SEC 32 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.498
  • Longitude: -89.0163

    Address

  • Full Address: 9 Marvin Gdns
  • Address - House Number: 9
  • Address - Street Name: Marvin
  • Address - Suffix Type: Gdns
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R007
  • 4-Digit Zip Code: 1453
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $543,990
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 243,285
  • High Value: 293,889
  • Low Value: 192,682

    Market Valuation

  • Market Total Value: $184,695
  • Market Land Value: $31,239
  • Market Improvement Value: $153,456

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,565
  • Assessed Land Value: $10,413
  • Assessed Improvements Value: $51,152

    Sales

  • Current Sale Contract Date: Sep 29, 2006
  • Current Sale Recording Date: Oct 05, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006-00027643
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:

$262,000

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2482 ft²

Average Home Age

60.3 years

Currently For Sale

101 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

Rentals Near You

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MRED

Listed by: Keith Troutman, BHHS Central Illinois, REALTORS
Data Source: MRED, MLS# MRD12276233
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 9 Marvin Gardens built and last sold?
The property at 9 Marvin Gardens was built in 1993 and last sold on Sep 29, 2006 for $177,000.
How much is this home worth?
The estimated value of the home located at 9 Marvin Gardens is $0.
What are some comparable homes to 9 Marvin Gardens?
There are currently no comparable homes to 9 Marvin Gardens.
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