NOT LISTED FOR SALE

1223 E Oakland Ave Bloomington, IL 61701

Estimated Value: $192,000 - $226,000

3 Beds
2 Baths
1,818 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $87,500 $48 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,452/month

6 Days on Market

About This Home

As of December 2021

Great 3 bedroom 1 1/2 Bath with a 2 car garage. Hardwood floors in the Bedrooms, Living and Dining Room. First floor Office/Den. Upstairs Bedroom with vaulted ceiling 13 x 30 could be turned into 2 rooms. Basement with family Room, Laundry Room, 1/2 bath and great storage space.

Last Agent to Sell the Property

Deb Connor

Coldwell Banker Real Estate Group License #475128497 Listed on: 11/12/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Tom Petersen

RE/MAX Rising License #475161923

RE/MAX Rising

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Steel Siding

Interior Spaces

  • 1,818 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Cape Cod
  • Directions: East on Oakland between Harbord and State St.
  • Lot Size: 50 X 125
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Not Applicable
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 1818
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Square Footage Comments: Main 1078 Up 440 Total above 1518 Basement 1078 finished 300. Total sq ft 2596
  • Total Sq Ft: 2596
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 300
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • Dining Room Type: Family Room, Office

Exterior Features

  • Exterior Building Type: Steel Siding
  • Lot Features: Mature Trees
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 87
  • Middle Or Junior School: Bloomington Jr High School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 2765.76
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 27, 2021
Sold by
Valentine Samuel L and Valentine Eleanor
Bought by
Smith Petersen Investments Llc
Seller's Agent
Deb Connor
Coldwell Banker Real Estate Group
Buyer's Agent
Tom Petersen
RE/MAX Rising
List Price
$99,900
Sold Price
$87,500
Premium/Discount to List
-$12,400
-12.41%
Current Estimated Value
$211,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,817
Avg. Annual Appreciation
24.66%
Original Mortgage
$172,000
Outstanding Balance
$47,850
Interest Rate
2.34%
Mortgage Type
New Conventional
Estimated Equity
$163,467
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Smith Petersen Investments Llc $87,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Petersen Investments Llc $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $87,500 -12.4% $48 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $99,900 -- $55 / 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 $4,142 $60,039 $12,161 $47,878
2022 $4,142 $48,730 $9,870 $38,860
2021 $2,936 $45,550 $9,226 $36,324
2020 $2,766 $43,630 $8,837 $34,793
2019 $2,758 $43,630 $8,837 $34,793
2018 $2,746 $43,630 $8,837 $34,793
2017 $2,747 $43,630 $8,837 $34,793
2016 $2,848 $44,887 $9,092 $35,795
2015 $2,735 $43,639 $8,839 $34,800
2014 $2,648 $43,639 $8,839 $34,800
2013 -- $42,784 $8,666 $34,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11269136

Midwest Real Estate Data (MRED)

APN: 21-10-127-005