Seller's Agent in 2024
Chad Lange
RE/MAX
(217) 714-1171
1 in this area
131 Total Sales
1506 E Oakland Ave Bloomington, IL 61701
Founders Grove NeighborhoodEstimated Value: $207,000 - $248,000
2
Beds
2
Baths
1,076
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Wood Flooring
- Historic or Period Millwork
- Mature Trees
- 2 Car Detached Garage
- 5-minute walk to Oakland School Park
About This Home
As of September 2024Let us all gather around for a tale of a pristine storybook bungalow nestled in Founder's Grove. Surviving from a time of post war creativity and architecture stands this pristine brick home that's as whimsical as my listing descriptions. Through the arched front door entrance awaits the quintessential foyer perfect for kicking off your shoes, coat, and stressful day before entering your private piece of solace. A modernized gas fireplace sets the stage in the beautiful livingroom complete with hardwood flooring stretching through the main level of the home. Wonderful sight lines take you on an effortless visual journey from the windows to the walls. Reconfigured kitchen with an oven/prep alcove thoughtfully designed for functionality and aesthetics. Two generously sized main floor bedrooms are split by a super fresh bathroom with many original details. Just off the dining room you'll find the access door to the walk-up attic waiting to engage your creative juices to finish the space as another bedroom, art studio, or additional storage. The finished basement space offers a huge laundry room, even more storage,and another full bathroom and potential third bedroom (no egress). Many updates over the years result in an absolutely top-notch example of 1920's architecture mingling with modern ammenities. A perfectly staged ecosystem harmoniously graces the grounds of this storybook classic. Frolic with the bee's in the backyard or watch the birds bathe all whilst enjoying your porridge from the hammock area. Enjoy the private backyard perfect for this cottage or take your business to the oversized 2 car carriage house finished with a new roof and great workshop area.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,168
Year Built
- Built in 1928
Lot Details
- Lot Dimensions are 50 x 130
- Landscaped Professionally
- Mature Trees
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Bungalow
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Asphalt Roof
- Plaster
Interior Spaces
- 1,076 Sq Ft Home
- 1.5-Story Property
- Historic or Period Millwork
- Gas Log Fireplace
- Replacement Windows
- Window Treatments
- Living Room with Fireplace
- Wood Flooring
- Pull Down Stairs to Attic
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Patio
Schools
- Oakland Elementary School
- Bloomington Jr High Middle School
- Bloomington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Founders Grove Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2024
Closed on
Aug 29, 2024
Sold by
Neal Dawn and Daugherty Dawn M
Bought by
Sipes Brandon and Sipes Margaret
Seller's Agent
Chad Lange
RE/MAX Rising
Buyer's Agent
Jared Litwiller
Freedom Realty
List Price
$185,000
Sold Price
$217,500
Premium/Discount to List
$32,500
17.57%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,347
Avg. Annual Appreciation
3.67%
Original Mortgage
$203,700
Outstanding Balance
$201,423
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$26,424
Purchase Details
Closed on
Aug 29, 2008
Sold by
Higgs Nancy Ann
Bought by
Neal Dawn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.66%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sipes Brandon | $217,500 | Mclean County Title | |
| Neal Dawn | $143,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sipes Brandon | $203,700 | |
| Previous Owner | Neal Dawn | $98,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2024 09/09/24 | Sold | $217,500 | +17.6% | $202 / Sq Ft |
| 08/12/2024 08/12/24 | Pending | -- | -- | -- |
| 08/07/2024 08/07/24 | Price Changed | $185,000 | 0.0% | $172 / Sq Ft |
| 08/07/2024 08/07/24 | For Sale | $185,000 | -- | $172 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,973 | $61,276 | $11,597 | $49,679 |
| 2022 | $3,973 | $52,751 | $9,984 | $42,767 |
| 2021 | $3,705 | $49,594 | $9,387 | $40,207 |
| 2020 | $3,695 | $49,594 | $9,387 | $40,207 |
| 2019 | $3,684 | $49,594 | $9,387 | $40,207 |
| 2018 | $3,587 | $48,622 | $9,203 | $39,419 |
| 2017 | $3,588 | $48,622 | $9,203 | $39,419 |
| 2016 | $1,944 | $48,622 | $9,203 | $39,419 |
| 2015 | $3,518 | $47,979 | $9,081 | $38,898 |
| 2014 | $3,367 | $47,495 | $9,081 | $38,414 |
| 2013 | -- | $46,564 | $8,903 | $37,661 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Lange
-
Jared Litwiller
Buyer's Agent in 2024
Jared Litwiller
Freedom Realty
(309) 840-5983
4 in this area
807 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12129954
APN: 21-03-461-017
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