Seller's Agent in 2023
Ed Larsen
Coldwell Banker Real Estate Group
(309) 275-3545
1 in this area
97 Total Sales
107 E Division St Bloomington, IL 61701
Innovation District NeighborhoodEstimated Value: $208,000 - $324,419
6
Beds
4
Baths
--
Sq Ft
8,843
Sq Ft Lot
About This Home
As of March 2023Investors! Great investment opportunity in an area where few properties come on the market near Illinois Wesleyan University. Excellent cash flow. For many years the property has been a great student housing rental with close proximity and walkability to campus. Low property taxes. Well maintained by owner, not in a management company. Leases are always in advance of the coming school year. No deferred maintenance. Two ranch style units each with three bedrooms, two full baths, and finished basements with egress windows and laundry. All appliances (including washers/dryers), televisions, and furniture remain. The furniture was replaced in 2022. Five off street parking spaces. New roof in 2016.
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #471007349 Listed on: 01/23/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,259
Year Built
- Built in 1978
Lot Details
- Lot Dimensions are 50x178
Home Design
- Ranch Style House
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Parking
- 5 Parking Spaces
- Additional Parking
- Uncovered Parking
- Off-Street Parking
- Parking Space is Owned
Schools
- Bent Elementary School
- Bloomington Jr High Middle School
- Bloomington High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Maintenance Expense $1,000
- Gross Income $32,040
- Net Operating Income $26,581
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2023
Closed on
Mar 20, 2023
Sold by
Bochew Properties Llc
Bought by
Arciniega Jorge Lopez
Seller's Agent
Ed Larsen
Coldwell Banker Real Estate Group
Buyer's Agent
Amanda Wycoff
BHHS Central Illinois, REALTORS
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%
Views
156
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,895
Avg. Annual Appreciation
-1.59%
Original Mortgage
$225,000
Outstanding Balance
$218,343
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$67,762
Purchase Details
Closed on
Jan 15, 2019
Sold by
Wolf Shadow Properties Llc
Bought by
Bochew Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.6%
Purchase Details
Closed on
Jan 15, 2015
Sold by
Skyeline Properties
Bought by
Wolf Shadow Properties Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arciniega Jorge Lopez | $300,000 | -- | |
| Bochew Properties Llc | $215,000 | Mclean County Title | |
| Wolf Shadow Properties Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arciniega Jorge Lopez | $225,000 | |
| Previous Owner | Bochew Properties Llc | $161,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2023 03/24/23 | Sold | $300,000 | -6.5% | -- |
| 02/24/2023 02/24/23 | Pending | -- | -- | -- |
| 01/27/2023 01/27/23 | Price Changed | $320,900 | -8.3% | -- |
| 01/23/2023 01/23/23 | For Sale | $349,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $3,560 | $48,418 | $4,686 | $43,732 |
| 2022 | $3,560 | $41,888 | $4,054 | $37,834 |
| 2021 | $3,259 | $38,346 | $3,711 | $34,635 |
| 2020 | $3,250 | $38,346 | $3,711 | $34,635 |
| 2019 | $3,241 | $38,346 | $3,711 | $34,635 |
| 2018 | $3,227 | $38,346 | $3,711 | $34,635 |
| 2017 | $3,228 | $38,346 | $3,711 | $34,635 |
| 2016 | $3,223 | $38,346 | $3,711 | $34,635 |
| 2015 | $3,214 | $38,346 | $3,711 | $34,635 |
| 2014 | $3,111 | $38,346 | $3,711 | $34,635 |
| 2013 | -- | $38,346 | $3,711 | $34,635 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Larsen
-
Amanda Wycoff
Buyer's Agent in 2023
Amanda Wycoff
BHHS Central Illinois, REALTORS
(309) 242-2647
3 in this area
385 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11705714
APN: 14-33-331-009
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Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
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