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2509 Teakwood Ln

Bloomington, IL 61704

5 bd 4 ba 4,852 sqft Built 1980 Lot 17,206 sqft single_family
Most recent sale
$471,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Sold $471,000 MLS #11392011
May 3, 2022 Listed $395,000 MLS #11392011
Mar 15, 2013 Sold $231,000 MLS #2103557
Nov 29, 2012 Price changed $225,000 MLS #2103557
Jul 25, 2012 Listing removed $284,900 BloomingtonNormal
Jul 24, 2012 Relisted $284,900 MLS #2103557
Jul 20, 2012 Listed $284,900 MLS #2122459
Jun 6, 2012 Listing removed $259,900 BloomingtonNormal
Feb 1, 2012 Relisted $259,900 MLS #2103557
Jan 19, 2012 Listing removed $259,900 BloomingtonNormal
Nov 22, 2011 Price changed $259,900 MLS #2103557
Nov 21, 2011 Relisted $289,900 MLS #2103557
Oct 8, 2011 Listing removed $289,900 BloomingtonNormal
Aug 11, 2011 Price changed $289,900 MLS #2103557
Oct 25, 2010 Listed $299,900 MLS #2103557
Aug 21, 2009 Listing removed $294,500 BloomingtonNormal
Jun 29, 2009 Price changed $294,500 MLS #2090164
Jun 22, 2009 Price changed $314,500 MLS #2090164
May 27, 2009 Price changed $324,500 MLS #2090164
Jan 20, 2009 Listed $334,500 MLS #2090164

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $127,481 $23,410 $150,891 $10,679
2022 $96,402 $17,704 $114,106 $9,552
2021 $88,919 $16,329 $105,248 $7,979
2020 $85,499 $15,701 $101,200 $7,627
2019 $75,499 $15,701 $91,200 $7,380
2018 $74,485 $15,515 $90,000 $7,269
2017 $63,302 $15,816 $79,118 $6,070
2016 $65,598 $16,390 $81,988 $6,291
2015 $64,731 $16,173 $80,904 $6,699
2014 $63,480 $16,173 $79,653 $6,522
2013 $61,631 $15,702 $77,333 $6,308
2012 $84,885 $15,875 $100,760 $8,088
2010 $90,241 $15,730 $105,971 $8,372
2009 $90,241 $15,730 $105,971 $8,289
2008 $91,773 $15,997 $107,770 $8,249

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
5
Baths
4
Living area
4,852 sqft
Lot size
17,206 sqft
ZIP code
61704
City
Bloomington
Street
Teakwood Ln
Coordinates
40.50416, -88.93539

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,826
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2509 Teakwood Ln last sell?
2509 Teakwood Ln most recently sold on Jun 13, 2022 for $471,000.
What is the current tax assessment for 2509 Teakwood Ln?
The most recent total assessment for 2509 Teakwood Ln (year 2024) is $150,891 with $10,679 in property tax.
How does 2509 Teakwood Ln's assessment compare to its last sale price?
The current assessment is 68.0% below the last sale price of $471,000.
When was 2509 Teakwood Ln built?
2509 Teakwood Ln was built in 1980.
How does 2509 Teakwood Ln compare to others on Teakwood Ln?
We do not currently track other properties on Teakwood Ln.
What are the property facts for 2509 Teakwood Ln?
2509 Teakwood Ln is a 5 bed, 4 bath, 4,852 sqft, 17,206 sqft lot single_family.
Is 2509 Teakwood Ln a flip candidate?
No — 2509 Teakwood Ln does not appear in our flips dataset.
Is 2509 Teakwood Ln a tax-appeal candidate?
No — 2509 Teakwood Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$387.1K
2026 Q4
$393.5K
ZIP 61704 — Median Price History + Forecast

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