NOT LISTED FOR SALE

1010 N Mclean St Bloomington, IL 61701

Estimated Value: $140,000 - $183,296

4 Beds
4 Baths
-- Sq Ft
1885 Built

Last Sold April 08, 2016

Last sale price $77,500

Est. 108% increase in value since last sale

Current estimated payment $1,079/month

16 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Wood Siding
  • 4-minute walk to Franklin Park
  • Forced Air Heating System

About This Home

As of April 2016

Fantastic opportunity for investor or owner-occupant! Near IWU. Great Income Potential - rental income based on estimate post renovation. Some work already complete. 1st floor contains lots of original woodwork and built-ins. 2 studios on 2nd floor. 1 large, 4 BR/2 BA unit on 1st floor (could be split into 2 units). All units currently vacant. Age is estimated. Water/sewer paid by owner. Potential 18% return based on $20K renovation budget ($114,500 investment). Sold "as is" with all appliances (note exception), renovation materials, etc. Seller to remove tools and washing machine in basement.

Last Agent to Sell the Property

Dawn Peters

Keller Williams Revolution License #475168544 Listed on: 02/22/2016

Keller Williams Revolution

Last Buyer's Agent

Bryan Dillow

eXp Realty License #475138899

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1885

Home Design

  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Schools

  • Bent Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Enclosed Patio or Porch
  • Lot Dimensions are 75 x 122

Community Details

Overview

  • 3 Units
  • Franklin Park Subdivision

Building Details

  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,328

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Franklin Park
  • Year Built: 1885
  • Age: 100+ Years
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 94500
  • Exterior Building Type: Wood Siding

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: BENT ELEMENTARY
  • High School: BLOOMINGTON HIGH SCHOOL
  • Middle/Junior School: BLOOMINGTON JR HIGH
  • Middle/Junior School District: 87

Lot Info

  • Lot Dimensions: 75 X 122

Rental Info

  • Board Number: 23

Multi Family

  • GrossIncome: 21000
  • Units in Building: 3
  • Type-Multi: Other,3 Flat

Tax Info

  • Tax Annual Amount: 2328
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
Apr 27, 2016
Sold by
Dahmm Matthew W and Dahmm Matthew W
Bought by
Walker Kolton
Seller's Agent
Dawn Peters
Keller Williams Revolution
Buyer's Agent
Bryan Dillow
eXp Realty
List Price
$94,500
Sold Price
$77,500
Premium/Discount to List
-$17,000
-17.99%
Current Estimated Value
$161,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,074
Avg. Annual Appreciation
8.04%
Original Mortgage
$78,947
Outstanding Balance
$62,949
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$98,625
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Walker Kolton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Kolton $78,947
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold $77,500 -18.0% --
03/09/2016 03/09/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $94,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,624 $35,686 $9,640 $26,046
2022 $2,624 $30,872 $8,339 $22,533
2021 $2,402 $28,261 $7,634 $20,627
2020 $2,395 $28,261 $7,634 $20,627
2019 $2,388 $28,261 $7,634 $20,627
2018 $2,379 $28,261 $7,634 $20,627
2017 $2,379 $28,261 $7,634 $20,627
2016 $2,375 $28,261 $7,634 $20,627
2015 $2,368 $28,261 $7,634 $20,627
2014 $2,293 $28,261 $7,634 $20,627
2013 -- $28,261 $7,634 $20,627
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10195344

Midwest Real Estate Data (MRED)

APN: 21-04-203-008