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Bloomington 61701
923 Vale Street
$183,000
● House - Off Market

923 Vale Street

Bloomington, IL 61701
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,332 Ft²
$1,079
Est. Monthly
13.75%
Cap Rate

About This Property

Great move in ready four bedroom, one bathroom ranch in Bloomington! This home feautres tons of updates. Some of the updates include new flooring in bedrooms, new bathroom vanity and faucet, bathroom exhaust, back bedrooom window ac unit, cabinets, countertops, backsplash in kitchen, mini split in master bedroom, main area baseboards and flooring and so much more! Don't miss out on viewing this house!
Unit Size
1,332 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$131
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1954

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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 #11980456)

Price History

Date / Event Date Event Price
Apr 19, 2024 Sold
Premium
Sold
Feb 18, 2024 Listed by RE/MAX Rising $175,000
Listed by RE/MAX Rising
Oct 7, 2021 No longer available -
No longer available
Jun 10, 2021 Listed by RE/MAX Rising $150,000
Listed by RE/MAX Rising
Presold The manager has listed the unit size as 1332 square feet.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 1,036
  • Garage Type: 1
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,732
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,380
  • Gross Building Area: 2,636
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN & COUNTRY ADD
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: TOWN & COUNTRY ADD N2 LOT 99 & S56 LOT 100

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005800

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-10-251-024
  • Lot: 99
  • Meridian: SEC 10 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.467
  • Longitude: -88.9678

    Address

  • Full Address: 923 Vale St
  • Address - House Number: 923
  • Address - Street Name: Vale
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C009
  • 4-Digit Zip Code: 7039
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $263,372
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.0924
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 176,170
  • High Value: 192,456
  • Low Value: 159,885

    Market Valuation

  • Market Total Value: $110,967
  • Market Land Value: $35,592
  • Market Improvement Value: $75,375

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,989
  • Assessed Land Value: $11,864
  • Assessed Improvements Value: $25,125

    Sales

  • Current Sale Contract Date: Jul 17, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00019264
  • Previous Sale Recording Date: Aug 06, 2009
  • Previous Sale Contract Date: Jul 28, 2009
  • Previous Sale Amount: $98,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$263,500

Sale Price/ft²

$119

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2506 ft²

Average Home Age

59 years

Currently For Sale

97 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

$2,700 /mo

  • 5 Beds
  • 2 Baths
  • 3,525 ft²
1313 E Washington Street, Bloomington, IL, 61701 Listing by Colleen Zerebny
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: Noelle Burns, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11980456
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 923 Vale Street built and last sold?
The property at 923 Vale Street was built in 1954 and last sold on Jul 17, 2021 for $150,000.
How much is this home worth?
The estimated value of the home located at 923 Vale Street is $0.
What are some comparable homes to 923 Vale Street?
There are currently no comparable homes to 923 Vale Street.
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