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Normal 61761
9 Striegel Court
$165,000
● House - Off Market

9 Striegel Court

Normal, IL 61761
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,112 Ft²
$157,124
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

This well cared for 3 bedroom ranch home is move-in ready.  The home offers convenient main level living in addition to the basement space.    There is lots of hardwood on the 1st floor and some recent painting has been done.  Roof new in 2017; sewer repair 2021; furnace installed 2015; water heater 2017; new basement drain 2018; dishwasher 2020; gas range 2019.  New back door 2021.  Siding, gutters &  windows have all been updated.  Washer, dryer, refrigerator work, but being sold "as is".  Refrigerator water line was never hooked up.  Seller has not used the garage heater, being sold "as is" also.  PLEASE MAKE SURE ALL LIGHTS ARE OFF AND DOORS ARE LOCKED.
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$73
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1955

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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 #11354729)

Price History

Date / Event Date Event Price
Apr 25, 2022 Sold
Premium
Sold
Mar 23, 2022 Listed by Coldwell Banker Real Estate Group $155,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,056
  • Garage Type: 7
  • Garage Square Area: 456
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,363
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,112
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STRIEGELS 2ND SUB
  • Land Acres: 0000000192
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: STRIEGELS 2ND SUB PT LOT 1 TOWN SURVEY 1898 LOT 28

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000301

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-32-226-024
  • Lot: 1,28
  • Meridian: SEC 32 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5013
  • Longitude: -89.0027

    Address

  • Full Address: 9 Striegel Ct
  • Address - House Number: 9
  • Address - Street Name: Striegel
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Normal
  • Carrier Code: C043
  • 4-Digit Zip Code: 3331
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $271,324
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2101
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 181,686
  • High Value: 219,865
  • Low Value: 143,507

    Market Valuation

  • Market Total Value: $123,612
  • Market Land Value: $25,485
  • Market Improvement Value: $98,127

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,204
  • Assessed Land Value: $8,495
  • Assessed Improvements Value: $32,709

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7983
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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2207 ft²

Average Home Age

42.5 years

Currently For Sale

43 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: Kathy O'Brien Boston, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11354729
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 Striegel Court built and last sold?
The property at 9 Striegel Court was built in 1955 and last sold on Apr 25, 2022 for $190,333.
How much is this home worth?
The estimated value of the home located at 9 Striegel Court is $161,841.
What are some comparable homes to 9 Striegel Court?
There are currently no comparable homes to 9 Striegel Court.
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