NOT LISTED FOR SALE

Estimated Value: $179,000 - $230,000

4 Beds
4 Baths
-- Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: May 16, 2022

Last sale price $169,900

Est. 23% increase in value since last sale

Current estimated payment $1,562 / mo

1 Day on Market

About This Home

As of May 2022

Calling all investors and house hackers! Cash flowing 4 unit brick apartment building located east of Veterans. All 1 bedroom, 1 bathroom units. Easy to rent. Building being sold "as is."

Last Agent to Sell the Property

Ryan Crowley

Vesta Real Estate LLC License #475195953 Listed on: 03/31/2022

Co-Listed By

Marti Ryan

Vesta Real Estate LLC License #471020484

Last Buyer's Agent

Greg Teats

Keller Williams Revolution License #475181697

Keller Williams Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1969

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120

Home Design

  • American Four Square Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Visitor Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

  • Stevenson Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • Holiday Knolls Subdivision

Building Details

  • Maintenance Expense $4,077
  • Manager Expense $1,659
  • Professional Management Expense $683
  • Gross Income $20,238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,940

Year Built

Built in 1969

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Professional Management Expense: 683
  • Subdivision Name: Holiday Knolls
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street, Visitor Parking
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 1659
  • Conversion YN: N

Fee Information

  • Other Expenses $: 4621

Schools

  • Elementary School: Stevenson Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 50X120
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 23
  • TenantPays: Electric

Multi Family

  • GrossIncome: 20238
  • Maintenance Expense: 4077
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 3939.7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jun 18, 2022
Sold by
Kallsen Andrew S
Bought by
Askallsen Investments Il Llc
Seller's Agent
Ryan Crowley
Vesta Real Estate LLC
Buyer's Agent
Greg Teats
Keller Williams Revolution
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$209,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,672
Avg. Annual Appreciation
5.51%
Original Mortgage
$127,425
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 16, 2022
Sold by
Falcon Rentals Llc
Bought by
Kallsen Andrew S
Seller's Agent
Ryan Crowley
Vesta Real Estate LLC
Buyer's Agent
Greg Teats
Keller Williams Revolution
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,425
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2021
Sold by
Lutterbie Joseph and Lutterbie Sarah
Bought by
Falcon Rentals Llc

Purchase Details

Listed on
Mar 28, 2020
Closed on
Jun 29, 2020
Sold by
Emmanuuel Ayodele Israel and Emmanuuel Victoria O
Bought by
Lutterbie Joseph and Lutterbie Sarah
Seller's Agent
John Albee
BHHS Central Illinois, REALTORS
Buyer's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$86,250
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Askallsen Investments Il Llc -- None Listed On Document
Kallsen Andrew S $170,000 None Listed On Document
Falcon Rentals Llc -- None Available
Lutterbie Joseph $115,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kallsen Andrew S $127,425
Previous Owner Lutterbie Joseph $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2022 05/16/22 Sold $169,900 0.0% --
04/02/2022 04/02/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $169,900 +47.7% --
06/29/2020 06/29/20 Sold $115,000 -11.5% -- View Prior Sale
04/10/2020 04/10/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $129,900 +13.0% --
04/01/2020 04/01/20 Off Market $115,000 -- --
03/28/2020 03/28/20 For Sale $129,900 -- --
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
2025 $5,326 $71,539 $12,098 $59,441
2024 $4,315 $65,688 $11,109 $54,579
2022 $4,315 $50,773 $8,587 $42,186
2021 $3,950 $46,480 $7,861 $38,619
2020 $3,940 $46,480 $7,861 $38,619
2019 $3,928 $46,480 $7,861 $38,619
2018 $3,726 $44,267 $7,487 $36,780
2017 $3,727 $44,267 $7,487 $36,780
2016 $3,720 $44,267 $7,487 $36,780
2015 $3,929 $46,884 $7,930 $38,954
2014 $3,804 $46,884 $7,930 $38,954
2013 -- $46,884 $7,930 $38,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11361507

Midwest Real Estate Data (MRED)

APN: 14-35-453-011

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