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700 Lara Rd

Normal, IL 61761

3 bd 3 ba 2,150 sqft Built 1975 Lot 10,800 sqft single_family
Most recent sale
$224,900
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2024 Sold $278,000 MRED
May 16, 2024 Listed $262,500 MRED
Jul 13, 2022 Sold $224,900 MLS #11407501
May 2, 2018 Sold $150,000 MLS #2152719
Oct 4, 2015 Relisted $154,900 MLS #2152719
Aug 18, 2015 Listing removed $155,000 BloomingtonNormal
Jul 27, 2015 Listed $155,000 MLS #2152719
Jul 25, 2008 Sold $144,000 MLS #2073041
Aug 6, 2007 Listed $149,900 MLS #2073041
Jan 1, 1996 Sold $93,000 Public Record
Jan 1, 1991 Sold $84,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $62,506 $17,638 $80,144 $5,475
2022 $43,242 $13,073 $56,315 $4,519
2021 $40,798 $12,334 $53,132 $4,334
2020 $38,892 $11,758 $50,650 $4,126
2019 $38,683 $11,695 $50,378 $3,984
2018 $38,273 $11,571 $49,844 $3,934
2017 $38,273 $11,571 $49,844 $3,794
2016 $38,273 $11,571 $49,844 $3,753
2015 $37,376 $11,300 $48,676 $3,639
2014 $37,376 $11,300 $48,676 $3,594
2013 $37,376 $11,300 $48,676 $3,572
2012 $37,666 $11,388 $49,054 $3,457
2010 $38,705 $11,702 $50,407 $3,481
2009 $38,705 $11,702 $50,407 $3,416
2008 $37,393 $11,305 $48,698 $2,954

Property facts

Year built
1975
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,150 sqft
Lot size
10,800 sqft
ZIP code
61761
City
Normal
Street
Lara Rd
Coordinates
40.50246, -88.95973

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
$1,349
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 700 Lara Rd last sell?
700 Lara Rd most recently sold on Jul 13, 2022 for $224,900.
What is the current tax assessment for 700 Lara Rd?
The most recent total assessment for 700 Lara Rd (year 2024) is $80,144 with $5,475 in property tax.
How does 700 Lara Rd's assessment compare to its last sale price?
The current assessment is 64.4% below the last sale price of $224,900.
When was 700 Lara Rd built?
700 Lara Rd was built in 1975.
How does 700 Lara Rd compare to others on Lara Rd?
We track 5 other properties on Lara Rd. Browse the list under "Other properties on Lara Rd" to compare beds, baths, and sale history.
What are the property facts for 700 Lara Rd?
700 Lara Rd is a 3 bed, 3 bath, 2,150 sqft, 10,800 sqft lot single_family.
Is 700 Lara Rd a flip candidate?
No — 700 Lara Rd does not appear in our flips dataset.
Is 700 Lara Rd a tax-appeal candidate?
No — 700 Lara Rd 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
-2.4%
Implied 1-yr
-9.7%
2026 Q3
$249.1K
2026 Q4
$241.9K
ZIP 61761 — Median Price History + Forecast

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