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McLean 61705
9662 Starlite Drive
$265,000
● House - Off Market

9662 Starlite Drive

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,769 Ft²
$239,245
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Spacious Ranch with 3-bedrooms/2 Baths/oversized 2-car garage in  Tri-Valley Schools with no backyard neighbors and lots of updates! 2022-23, replaced garage door & stained decks. 2019-20, replaced furnace/air conditioner/Living Room picture window, remodeled bathroom with jacuzzi tub & custom vanity, remodeled laundry room (main level), replaced stairs to basement & installed honeycomb blinds. 2017-18, installed egress window, finished family room in basement, replaced sump pump, installed back-up sump pump, installed dewatering system, installed front storm door. Radon Mitigation System installed in 2016. Other features include whole house fan, skylight, pantry, Culligan water unit stays, storage shed, etc. All information believed to be accurate but not warranted.
Unit Size
2,769 Ft²
Days on Market
-
Land Size
-
Price per sqft
$87
Property Type
House
Property Taxes
$392
HOA Dues
$17
Year Built
1973

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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 #11816520)

Price History

Date / Event Date Event Price
Jul 26, 2023 Sold
Premium
Sold
Jun 24, 2023 Listed by RE/MAX Choice $239,900
Listed by RE/MAX Choice

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • 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: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 1,821
  • Gross Building Area: 1,821
  • Building Area: 1,821
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,821
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TERRACE LAWN SUB
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 1ST ADD TO TERRACE LAWN SUB LOT 41 IN NE 30-23-3E

Neighborhood

  • School District Name: Tri-Valley Community Unit School District 3
  • Census Tract: 005401

Geography

  • District: 24
  • Parcel: 22-30-226-004
  • Lot: 41
  • Meridian: SEC 30 TWN 23N RNG 03E
  • Municipality: OLD TOWN
  • Latitude: 40.4247
  • Longitude: -88.9058

    Address

  • Full Address: 9662 Starlite Dr
  • Address - House Number: 9662
  • Address - Street Name: Starlite
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R001
  • 4-Digit Zip Code: 5836
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $470,394
  • Tax Rate Code Area: 2403

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 261,490
  • High Value: 304,773
  • Low Value: 218,207

    Market Valuation

  • Market Total Value: $187,275
  • Market Land Value: $34,314
  • Market Improvement Value: $152,961

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,425
  • Assessed Land Value: $11,438
  • Assessed Improvements Value: $50,987

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10191
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 McLean

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2426 ft²

Average Home Age

53.5 years

Currently For Sale

212 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: Belinda Brock, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11816520
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 9662 Starlite Drive built and last sold?
The property at 9662 Starlite Drive was built in 1973 and last sold on Jul 26, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 9662 Starlite Drive is $247,799.
What are some comparable homes to 9662 Starlite Drive?
There are currently no comparable homes to 9662 Starlite Drive.
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