NOT LISTED FOR SALE

1416 W Locust St Bloomington, IL 61701

Estimated Value: $75,000 - $95,000

2 Beds
1 Bath
701 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $60,000 $86 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $583/month

108 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Living Room
  • Corner Lot
  • Porch
  • 2-minute walk to O'Neil Park

About This Home

As of October 2022

Furnace 2013, Kitchen and bathroom updated 2018, Roof 2009. Was set up for wheelchair access, some accessible features. Very nice two car garage. Corner lot. Affordable with very few updates needed.

Last Agent to Sell the Property

Steve Sovereign

Coldwell Banker Real Estate Group License #475129006 Listed on: 06/11/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Steve Sovereign

Coldwell Banker Real Estate Group License #475129006 Listed on: 06/11/2022

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 62x120
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 701 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Basement Cellar

Accessible Home Design

  • Roll-in Shower
  • Grab Bar In Bathroom
  • Accessibility Features
  • No Interior Steps
  • Level Entry For Accessibility
  • Ramp on the main level
  • Flooring Modification

Outdoor Features

  • Porch

Schools

  • Irving Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,261

Year Built

Built in 1900

Lot Details

7,057 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Not Applicable
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Accessibility Features: Flooring Modifications, Bath Grab Bars, Main Level Entry, No Interior Steps, Ramp - Main Level, Roll-In Shower
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 701
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 701
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1407
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Block
  • Lot Features: Corner Lot
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Gravel,Off Alley
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Dimensions: 62X120
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1260.86
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Oct 21, 2022
Sold by
Watson Perry and Carey Netia
Bought by
Melody Samantha
Seller's Agent
Steve Sovereign
Coldwell Banker Real Estate Group
Buyer's Agent
Steve Sovereign
Coldwell Banker Real Estate Group
List Price
$130,000
Sold Price
$60,000
Premium/Discount to List
-$70,000
-53.85%
Current Estimated Value
$86,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,869
Avg. Annual Appreciation
11.39%
Original Mortgage
$57,000
Outstanding Balance
$55,152
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$31,717
Source: Public Records
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

Purchase History

Date Buyer Sale Price Title Company
Melody Samantha $60,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melody Samantha $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $60,000 -14.2% $86 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/22/2022 09/22/22 Price Changed $69,900 -3.6% $100 / Sq Ft
09/14/2022 09/14/22 Price Changed $72,500 -3.3% $103 / Sq Ft
09/01/2022 09/01/22 Price Changed $75,000 -3.2% $107 / Sq Ft
08/18/2022 08/18/22 Price Changed $77,500 -3.1% $111 / Sq Ft
08/12/2022 08/12/22 Price Changed $80,000 -3.0% $114 / Sq Ft
08/06/2022 08/06/22 Price Changed $82,500 -2.9% $118 / Sq Ft
07/29/2022 07/29/22 Price Changed $85,000 -2.9% $121 / Sq Ft
07/25/2022 07/25/22 Price Changed $87,500 -2.8% $125 / Sq Ft
06/13/2022 06/13/22 Price Changed $90,000 -30.8% $128 / Sq Ft
06/11/2022 06/11/22 For Sale $130,000 -- $185 / Sq Ft
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 $1,424 $27,152 $7,899 $19,253
2022 $1,424 $22,760 $6,621 $16,139
2021 $1,261 $20,836 $6,061 $14,775
2020 $1,258 $20,836 $6,061 $14,775
2019 $1,224 $20,482 $5,958 $14,524
2018 $1,169 $19,885 $5,784 $14,101
2017 $1,127 $19,381 $5,637 $13,744
2016 $1,125 $19,381 $5,637 $13,744
2015 $1,100 $19,124 $5,562 $13,562
2014 $1,065 $19,124 $5,562 $13,562
2013 -- $19,818 $5,764 $14,054
Source: Public Records

Agents Affiliated with this Home

  • Steve Sovereign

    Seller's Agent in 2022

    Steve Sovereign

    Coldwell Banker Real Estate Group

    (309) 826-4646

    151 Total Sales

    Steve Sovereign
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11432467

Midwest Real Estate Data (MRED)

APN: 21-05-251-001

Illinois Mclean County Bloomington 61701

1416 W Locust St, Bloomington, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.