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1005 Hovey Ave

Normal, IL 61761

3 bd 4 ba 5,418 sqft Built 1870 Lot 107,158 sqft single_family
Most recent sale
$475,000
Feb 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2025 Sold $525,000 MRED
May 5, 2025 Price changed $525,000 MRED
Apr 24, 2025 Listed $550,000 MRED
Mar 12, 2025 Price changed $550,000 MRED
Mar 4, 2025 Price changed $565,000 MRED
Dec 14, 2024 Listed $585,000 MRED
Feb 22, 2022 Sold $475,000 MLS #11262295
Dec 31, 2021 Listed $475,000 MLS #11262295

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $128,699 $36,668 $165,367 $11,815
2022 $95,391 $27,178 $122,569 $10,022
2021 $68,695 $25,642 $94,337 $7,664
2020 $67,981 $25,376 $93,357 $7,611
2019 $67,616 $25,240 $92,856 $7,259
2018 $66,900 $24,973 $91,873 $7,256
2017 $66,900 $24,973 $91,873 $6,997
2016 $66,900 $24,973 $91,873 $6,921
2015 $65,332 $24,388 $89,720 $6,711
2014 $65,332 $24,388 $89,720 $6,628
2013 $65,332 $24,388 $89,720 $6,588
2012 $65,839 $24,577 $90,416 $6,778
2010 $69,683 $26,012 $95,695 $7,030
2009 $69,683 $26,012 $95,695 $6,899
2008 $65,359 $24,398 $89,757 $6,152

Property facts

Year built
1870
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
5,418 sqft
Lot size
107,158 sqft
ZIP code
61761
City
Normal
Street
Hovey Ave
Coordinates
40.50175, -88.99923

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,850
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1005 Hovey Ave last sell?
1005 Hovey Ave most recently sold on Feb 22, 2022 for $475,000.
What is the current tax assessment for 1005 Hovey Ave?
The most recent total assessment for 1005 Hovey Ave (year 2024) is $165,367 with $11,815 in property tax.
How does 1005 Hovey Ave's assessment compare to its last sale price?
The current assessment is 65.2% below the last sale price of $475,000.
When was 1005 Hovey Ave built?
1005 Hovey Ave was built in 1870.
How does 1005 Hovey Ave compare to others on Hovey Ave?
We track 8 other properties on Hovey Ave. Browse the list under "Other properties on Hovey Ave" to compare beds, baths, and sale history.
What are the property facts for 1005 Hovey Ave?
1005 Hovey Ave is a 3 bed, 4 bath, 5,418 sqft, 107,158 sqft lot single_family.
Is 1005 Hovey Ave a flip candidate?
No — 1005 Hovey Ave does not appear in our flips dataset.
Is 1005 Hovey Ave a tax-appeal candidate?
No — 1005 Hovey Ave 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
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$280.9K
2026 Q4
$284.5K
ZIP 61761 — Median Price History + Forecast

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