NOT LISTED FOR SALE

111 Rust Rd Unit 102 Bloomington, IL 61701

Estimated Value: $108,000 - $141,000

2 Beds
1 Bath
1,041 Sq Ft
$244/mo HOA Fee

Last Sold August 31, 2022

Last sale price $98,000 $94 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,112/month

3 Days on Market

Highlights

  • 1 Car Attached Garage
  • Laundry Room
  • Heating System Uses Steam
  • Living Room
  • Central Air
  • Heated Garage

About This Home

As of August 2022

Main floor carefree living in wonderful Chateau building. Spacious secured building with elevator access to all floors. Centrally located across from State Farm Corporate Headquarters. 2 bedroom 1bath, heated garage with one parking spot under building secured & element protected. Large living room with door to your private patio. There are 2 locked areas for storage one in the garage and another on the 4th floor. Also a convenient in building laundry room. HOA covers water, basic cable, common area building maintenance, elevator, landscaping, mowing, snow removal, & gas of the building with hot water boiler system recently installed too.

Last Agent to Sell the Property

Kindi Bliss

Coldwell Banker Real Estate Group License #475128753 Listed on: 07/28/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Bev Virgil

Coldwell Banker Real Estate Group License #475130017

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1975

Lot Details

  • 1,742

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,041 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Washington Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Central Air
  • Heating System Uses Steam

Community Details

Overview

  • Association fees include water, gas, parking, insurance, security, tv/cable, exterior maintenance, lawn care
  • 36 Units
  • Chateaus Subdivision
  • Property managed by Self management

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,234

Year Built

Built in 1975

Lot Details

0

HOA Fees

$244 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Chateaus
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1041
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 1041
  • Assessed Sq Ft: 1041
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1041
  • Total Sq Ft: 1041
  • Main Level Sq Ft: 1041
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 90000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 244
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self management
  • Management Contact Name: None
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Security, Security, TV/Cable, Exterior Maintenance, Lawn Care

Schools

  • Elementary School: Washington Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School
  • Middle/Junior School District: 87

Lot Info

  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1233.92
  • Tax Year: 2021

Multi Family

  • Units in Building: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Aug 25, 2022
Sold by
Atkins Lola D
Bought by
Olson Meredith A
Seller's Agent
Kindi Bliss
Coldwell Banker Real Estate Group
Buyer's Agent
Bev Virgil
Coldwell Banker Real Estate Group
List Price
$90,000
Sold Price
$98,000
Premium/Discount to List
$8,000
8.89%
Current Estimated Value
$130,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,697
Avg. Annual Appreciation
10.67%
Original Mortgage
$83,700
Outstanding Balance
$72,256
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$58,184
Source: Public Records

Similar Homes in Bloomington, IL

  • 2214 E Lincoln St Unit 14, Bloomington, IL 61701

    $110,000

    • 1 Bed
    • 1 Bath
    • 960 Sq Ft
    • 2214 E Lincoln St
    • Unit 14
    • Bloomington, IL

    Super condo in convenient location! This great unit offers a spacious living room and eat in kitchen with newer appliances and lots of cabinets. Off the living room is a deck offering easy access to the community courtyard and pool area. And also leads to the closest garage space with a newer door and opener. The kitchen has a laundry closet for a washer and dryer and extra storage. The bedroom

    Jodi McDermott RE/MAX Rising

    Section Image
  • 2322 Rainbow Ave Unit B, Bloomington, IL 61704

    $150,000

    • 3 Beds
    • 1.5 Baths
    • 1,728 Sq Ft
    • 2322 Rainbow Ave
    • Unit B
    • Bloomington, IL

    Such a clean and bright condo in East Bloomington! Three finished floors provide ample living space. The first floor had new LVP flooring in 2024. The living room window, replaced in 2025, provides a view of the green common space. The patio door, replaced in 2025, leads to a deck. Upstairs you will find 3 bedrooms with new carpet in 2025 and a hall bath. Primary bedroom has a large walk-in

    Kathy DiCiaula BHHS Central Illinois, REALTORS

    Section Image
  • 109 Urban St Unit 19, Bloomington, IL 61704

    $95,000

    • 3 Beds
    • 1 Bath
    • 911 Sq Ft
    • 109 Urban St
    • Unit 19
    • Bloomington, IL

    Beautifully updated 2nd story condo with nice balcony view! Almost EVERYTHING has just been updated. New carpet (23), vinyl flooring in kitchen (23), Fridge & Stove (23), balcony floor painted, bathroom vanity & toilet, screen door, light fixtures, all fresh paint and more! Washer/dryer & Roof approx 2021. Condo dues include lawncare, snow removal, exterior maintenance including roof & balconies,

    Sarah Marshall Coldwell Banker Real Estate Group

    Section Image
  • 1920 Tracy Dr Unit 20, Bloomington, IL 61704

    $100,000

    • 2 Beds
    • 1.5 Baths
    • 1,101 Sq Ft
    • 1920 Tracy Dr
    • Unit 20
    • Bloomington, IL

    Completely remodeled in 2022! 2 bedroom 1.5 bath garden unit. All stainless appliances in kitchen new in 2022. Living room complete with electric fireplace with changing color feature with remote. Beautiful tiled shower with sliding glass door. Central air and furnace new in 2022. Sliding door out to small patio that is surrounded by beautifully landscaped garden walkway. Outdoor pool is

    Janet Jurich RE/MAX Rising

    Section Image

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
Olson Meredith A $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Meredith A $83,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $98,000 +8.9% $94 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $90,000 -- $86 / 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 $1,684 $39,330 $6,490 $32,840
2022 $1,684 $30,817 $5,085 $25,732
2021 $1,234 $29,013 $4,788 $24,225
2020 $1,231 $27,500 $4,538 $22,962
2019 $1,394 $27,500 $4,538 $22,962
2018 $1,222 $27,500 $4,538 $22,962
2017 $1,222 $26,889 $4,437 $22,452
2016 $1,220 $26,284 $4,337 $21,947
2015 $1,217 $25,519 $4,211 $21,308
2014 $1,178 $25,519 $4,211 $21,308
2013 -- $25,519 $4,211 $21,308
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11477510

Midwest Real Estate Data (MRED)

APN: 21-02-309-002