NOT LISTED FOR SALE

1502 W Olive St Bloomington, IL 61701

Estimated Value: $114,000 - $141,000

2 Beds
1 Bath
746 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $103,000 $138 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $824/month

Highlights

  • Mature Trees
  • Ranch Style House
  • 2 Car Detached Garage
  • Deck
  • Fenced Yard
  • Porch

About This Home

As of July 2022

Adorable 2 Bedroom home with tons of charm. Some features include and eat in kitchen with all SS appliances(washer/dryer remain) Newer flooring and paint throughout. Nice covered porch out front and amazing covered deck out back overlooking nice fenced in yard. Oversized 2 car garage. Updates include: New Roof 2013, New Kitchen Slate 2015, Fence 2017, Added Deck cover 2021, New Paint May 2022.

Last Agent to Sell the Property

Dan Kniery

RE/MAX Rising License #475131463 Listed on: 06/03/2022

RE/MAX Rising

Co-Listed By

Patrick Kniery

RE/MAX Rising License #475166295

Last Buyer's Agent

Marti Ryan

Vesta Real Estate LLC License #471020484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1933

Lot Details

  • Lot Dimensions are 78x148
  • Fenced Yard
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 746 Sq Ft Home
  • Living Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Porch

Schools

  • Sheridan Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Year Built

Built in 1933

Lot Details

0.27 Acres

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: 1933
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 746
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 746
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 746

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Lot Features: Fenced Yard, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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: Sheridan Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School

Lot Info

  • Lot Dimensions: 78X148
  • 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 Annual Amount: 1891.8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Hergert Alyssa V
Bought by
Gowin Liam
Current Estimated Value
$127,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,656
Outstanding Balance
$117,182
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$10,328

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jun 23, 2022
Sold by
Jones Christine A and Jones Margaret
Bought by
Hergert Alyssa V
Seller's Agent
Dan Kniery
RE/MAX Rising
Buyer's Agent
Marti Ryan
Vesta Real Estate LLC
List Price
$102,000
Sold Price
$103,000
Premium/Discount to List
$1,000
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$96,820
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2021
Sold by
Jones Christine A and Jones Margaret
Bought by
Jones Christine A and Jones Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
3.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gowin Liam $132,000 None Listed On Document
Hergert Alyssa V $128,333 Willette Amanda L
Jones Christine A -- States Title Fts Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gowin Liam $118,656
Previous Owner Hergert Alyssa V $96,820
Previous Owner Jones Christine A $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $103,000 +1.0% $138 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $102,000 -- $137 / 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 $2,025 $36,878 $11,020 $25,858
2022 $2,025 $29,827 $8,913 $20,914
2021 $1,892 $28,260 $8,445 $19,815
2020 $1,849 $27,815 $8,312 $19,503
2019 $1,804 $27,342 $8,171 $19,171
2018 $1,729 $26,546 $7,933 $18,613
2017 $1,730 $26,546 $7,933 $18,613
2016 $1,727 $26,546 $7,933 $18,613
2015 $1,692 $26,195 $7,828 $18,367
2014 $1,639 $26,195 $7,828 $18,367
2013 -- $26,195 $7,828 $18,367
Source: Public Records

Agents Affiliated with this Home

  • Dan Kniery

    Seller's Agent in 2022

    Dan Kniery

    RE/MAX

    (309) 826-2473

    57 Total Sales

    Dan Kniery
    Section Image
  • Patrick Kniery

    Seller Co-Listing Agent in 2022

    Patrick Kniery

    RE/MAX

    (309) 826-2475

    272 Total Sales

    Patrick Kniery
    Section Image
  • Marti Ryan

    Buyer's Agent in 2022

    Marti Ryan

    Vesta Real Estate LLC

    (309) 287-2053

    80 Total Sales

    Marti Ryan
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11423634

Midwest Real Estate Data (MRED)

APN: 21-05-376-002

Illinois Mclean County Bloomington 61701

1502 W Olive St, Bloomington, IL

Not Listed for Sale

Detached

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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

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