NOT LISTED FOR SALE

108 Oak Creek Plaza Bloomington, IL 61704

Estimated Value: $2,920,381

6 Beds
-- Bath
42,336 Sq Ft
$69/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $1,750,000 $41 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $20,550/month

236 Days on Market

About This Home

As of January 2018

This apartment unit has two bedrooms, one bathroom, kitchen with a dishwasher and microwave, dining area, and large living room. The unit has central air conditioning and a full-size washer and dryer in the unit. There is one assigned parking spot in a carport and open parking is available. The property is conveniently located near shopping and dining on the south side of Bloomington, only a short drive from Rivian Automotive, Ferrero USA, and State Farm. The property allows cats and small dogs for an additional fee.

Last Agent to Sell the Property

John Albee

BHHS Central Illinois, REALTORS License #475071164 Listed on: 02/24/2017

BHHS Central Illinois, REALTORS

Co-Listed By

Melissa Dittbenner

BHHS Central Illinois, REALTORS License #475175689

Last Buyer's Agent

John Albee

BHHS Central Illinois, REALTORS License #475071164 Listed on: 02/24/2017

BHHS Central Illinois, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $53,584

Year Built

  • Built in 1993

Lot Details

  • 2.1 Acre Lot
  • Lot Dimensions are 216 x 498

Home Design

  • Vinyl Siding

Interior Spaces

  • 42,336 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, sewer

Community Details

Overview

  • 36 Units

Building Details

  • Electric Expense $1,920
  • Fuel Expense $280
  • Insurance Expense $9,861
  • Maintenance Expense $46,412
  • Other Expense $2,525
  • Water Sewer Expense $1,452
  • Gross Income $250,581
  • Net Operating Income $13,427

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$53,584

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1993
  • Legal Description: 1ST ADD OAK CREEK SUB LOT 20
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Other,None
  • Misc Inside: Inside Corridor/s

Exterior Features

  • List Price: 1899000
  • Exterior Building Type: Vinyl Siding
  • Misc Outside: Patio

Garage/Parking

  • Outdoor Parking: 51-100 Spaces,Paved

Utilities

  • Cooling: Central Air
  • Utilities: Water-Municipal, Sanitary Sewer
  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1452

Lot Info

  • Lot Size Acres: 2.1
  • Lot Dimensions: 216 X 498
  • Lot Size Sq Ft: 91920
  • Land Amenities: Security Entrance

Rental Info

  • Tenant Pays: Gas, Electricity, Sewer
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 42336

Multi Family

  • Net Operating Income: 13427
  • Fuel Expense: 280
  • Insurance Expense: 9861
  • ElectricExpense: 1920
  • GrossIncome: 250581
  • Maintenance Expense: 46412
  • NumberOfUnitsTotal: 36
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 53584
  • Tax Year: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Oak Creek Investments
Bought by
Aranda Holdings Llc
Current Estimated Value
$2,920,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,240,000
Outstanding Balance
$2,216,445
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$492,380

Purchase Details

Listed on
Feb 24, 2017
Closed on
Jan 19, 2018
Sold by
Cultra Judith C
Bought by
Oak Creek Investments Llc
Seller's Agent
John Albee
BHHS Central Illinois, REALTORS
Buyer's Agent
John Albee
BHHS Central Illinois, REALTORS
List Price
$2,190,000
Sold Price
$1,750,000
Premium/Discount to List
-$440,000
-20.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$1,400,000
Interest Rate
3.93%
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
Aranda Holdings Llc $2,800,000 Woodford County Title
Oak Creek Investments Llc $1,660,000 Alliance Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aranda Holdings Llc $2,240,000
Previous Owner Oak Creek Investments Llc $1,400,000
Previous Owner Cultra Judith C $569,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Off Market $1,099 -- --
02/20/2025 02/20/25 Price Changed $1,099 +10.0% $1 / Sq Ft
02/20/2025 02/20/25 Price Changed $999 -9.1% $1 / Sq Ft
01/11/2025 01/11/25 Price Changed $1,099 +10.0% $1 / Sq Ft
01/07/2025 01/07/25 Price Changed $999 -9.1% $1 / Sq Ft
01/07/2025 01/07/25 Price Changed $1,099 -4.4% $1 / Sq Ft
12/27/2024 12/27/24 Price Changed $1,150 -4.1% $1 / Sq Ft
11/08/2024 11/08/24 Price Changed $1,199 +20.0% $1 / Sq Ft
10/02/2024 10/02/24 Price Changed $999 -9.1% $1 / Sq Ft
09/27/2024 09/27/24 Price Changed $1,099 +10.0% $1 / Sq Ft
09/16/2024 09/16/24 Price Changed $999 -9.1% $1 / Sq Ft
08/13/2024 08/13/24 Price Changed $1,099 +4.7% $1 / Sq Ft
08/12/2024 08/12/24 Price Changed $1,050 0.0% $1 / Sq Ft
08/12/2024 08/12/24 For Rent $1,050 +51.1% --
09/14/2022 09/14/22 Price Changed $695 -26.8% $1 / Sq Ft
08/23/2022 08/23/22 For Rent $950 0.0% --
01/19/2018 01/19/18 Sold $1,750,000 -20.1% $41 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $2,190,000 -- $52 / Sq Ft
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 $57,130 $857,077 $131,304 $725,773
2022 $57,130 $646,561 $99,053 $547,508
2021 $54,717 $612,000 $93,758 $518,242
2020 $54,788 $612,000 $93,758 $518,242
2019 $53,010 $612,000 $93,758 $518,242
2018 $51,918 $600,000 $91,920 $508,080
2017 $56,136 $676,184 $91,920 $584,264
2016 $55,982 $676,184 $91,920 $584,264
2015 $53,854 $650,422 $88,418 $562,004
2014 $53,258 $650,422 $88,418 $562,004
2013 -- $650,422 $88,418 $562,004
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10195403

Midwest Real Estate Data (MRED)

APN: 21-16-128-011