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Normal 61761
902 Charlotte Drive
$190,000
● House - Off Market

902 Charlotte Drive

Normal, IL 61761
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,007 Ft²
$189,482
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Lovely ranch with an extra deep lot backs up to the Constitution Trail. Living room has lots of sun exposure and plenty of room to entertain. The main floor has three bedrooms and a bath while the finished basement offers even more room for activities and guests with a second bath, and a large family room which can be used for a variety of purposes, such as a home theater, game room, or even a home office or gym, and a space for a potential 4th bedroom as well! The fenced-in backyard and patio provide a private outdoor space for relaxation and entertainment, while the proximity to the Constitution Trail offers opportunities for outdoor activities and exercise. Located on a quiet street at the end of a cul de sac, this home offers a peaceful environment. Overall, a great place to call home!
Unit Size
2,007 Ft²
Days on Market
-
Land Size
-
Price per sqft
$95
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1984

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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 #11775290)

Price History

Date / Event Date Event Price
Jul 13, 2023 Sold
Premium
Sold
May 4, 2023 Listed by Keller Williams Revolution $190,000
Listed by Keller Williams Revolution

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,107
  • Garage Type: 7
  • Garage Square Area: 648
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,251
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 460
  • Total Building Area: 2,214
  • Building Area: 1,107
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,107
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 1ST ADD LINFELL
  • Land Acres: 0000000557
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: 1ST ADD TO LINFELL ADD LOT 24 & W75 FORMER RR ROW LYG E & ADJ

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000107

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Subdivision Tract Number: 1
  • Parcel: 14-21-429-049
  • Lot: 24
  • Meridian: SEC 21 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5222
  • Longitude: -88.986

    Address

  • Full Address: 902 Charlotte Dr
  • Address - House Number: 902
  • Address - Street Name: Charlotte
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Normal
  • Carrier Code: C064
  • 4-Digit Zip Code: 1319
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $259,214
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 147,400
  • High Value: 174,293
  • Low Value: 120,506

    Market Valuation

  • Market Total Value: $119,568
  • Market Land Value: $41,202
  • Market Improvement Value: $78,366

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,856
  • Assessed Land Value: $13,734
  • Assessed Improvements Value: $26,122

    Sales

  • Current Sale Contract Date: Jul 13, 2023
  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10256
  • Previous Sale Recording Date: Dec 22, 2009
  • Previous Sale Contract Date: Dec 18, 2009
  • Previous Sale Amount: $147,500
  • 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 Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2248 ft²

Average Home Age

39.4 years

Currently For Sale

39 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 1613 Belclare Road, Normal, IL, 61761

$2,700 /mo

  • 2 Beds
  • 3 Baths
  • 2,156 ft²
1613 Belclare Road, Normal, IL, 61761 Listing by Derrick Williams
Unit for rent at 707 N Golfcrest Road, Normal, IL, 61761

$750 /mo

  • 3 Beds
  • 2 Baths
  • 1,086 ft²
707 N Golfcrest Road #3, Normal, IL, 61761 Listing by DeAnna Carlson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Justin Feese, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11775290
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 902 Charlotte Drive built and last sold?
The property at 902 Charlotte Drive was built in 1984 and last sold on Jul 13, 2023 for $190,000.
How much is this home worth?
The estimated value of the home located at 902 Charlotte Drive is $0.
What are some comparable homes to 902 Charlotte Drive?
There are currently no comparable homes to 902 Charlotte Drive.
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