NOT LISTED FOR SALE

1507 S Oak St Bloomington, IL 61701

South Hill Neighborhood

Estimated Value: $139,000 - $166,000

3 Beds
1 Bath
1,802 Sq Ft
$87/Sq Ft Est. Value

Last Sold January 08, 2015

Last sale price $46,250 $26 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,021/month

15 Days on Market

Highlights

  • Deck
  • Detached Garage
  • Bathroom on Main Level
  • Ranch Style House
  • Breakfast Bar
  • Forced Air Heating System

About This Home

As of January 2015

Calling all flippers! Needs TLC, great potential in this home! Features a huge back yard & over sized 2 car garage.

Last Agent to Sell the Property

John Armstrong

RE/MAX Rising License #471018921 Listed on: 11/21/2014

RE/MAX Rising

Co-Listed By

Noelle Burns

RE/MAX Rising License #475143118

Last Buyer's Agent

John Armstrong

RE/MAX Rising License #471018921 Listed on: 11/21/2014

RE/MAX Rising

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,078

Year Built

  • 1925

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Breakfast Bar
  • Bathroom on Main Level
  • Partial Basement
  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,078

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1802
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1925
  • Total Sq Ft: 2637
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Interior Property Features: 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 31X15, On Level: Main Level, Flooring: Carpet
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 12X19, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Other, Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Other
  • Bedroom 3: Dimensions: 10X15, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1802
  • Estimated Total Finished Sq Ft: 1802
  • Basement Sq Ft: 835
  • Main Level Sq Ft: 1670
  • Upper Level Sq Ft: 132
  • Family Room: Dimensions: 11X15, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Wood Siding
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, Gas

Schools

  • School District: 87
  • Elementary School: IRVING ELEMENTARY
  • Middle School: BLOOMINGTON JR HIGH
  • High School: BLOOMINGTON HIGH SCHOOL
  • Junior High Dist: 87

Lot Info

  • Lot Dimensions: 50 X 310
  • Parcel Identification Number: 452109304015
  • BNAR Zoning: R1C

Tax Info

  • Taxes: 2170.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2015
Sold by
Kaufman Aaron
Bought by
Kaufman Jon
Current Estimated Value
$156,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,272
Interest Rate
3.75%

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jan 8, 2015
Sold by
National Property Group Inc
Bought by
Kaufman Aaron
Seller's Agent
John Armstrong
RE/MAX Rising
Buyer's Agent
John Armstrong
RE/MAX Rising
List Price
$52,900
Sold Price
$46,250
Premium/Discount to List
-$6,650
-12.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$44,685
Interest Rate
5%

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jan 6, 2015
Sold by
National Property Group Inc
Bought by
Kaufman Aaron
Seller's Agent
John Armstrong
RE/MAX Rising
Buyer's Agent
John Armstrong
RE/MAX Rising
List Price
$52,900
Sold Price
$46,250
Premium/Discount to List
-$6,650
-12.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,685
Interest Rate
5%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Schultz Michael P
Bought by
National Property Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 19, 2005
Sold by
Meginees Bevely K
Bought by
Schultz Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,247
Interest Rate
5.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Kaufman Jon $57,000 Alliance Land Title
Kaufman Aaron $46,500 Alliance Land Title
Kaufman Aaron -- --
National Property Group Inc -- None Available
Schultz Mike $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kaufman Jon $46,272
Previous Owner Kaufman Aaron $44,685
Previous Owner Kaufman Aaron $44,685
Previous Owner National Property Group Inc $96,000
Previous Owner Schultz Mike $84,247
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2015 01/08/15 Sold $46,250 -12.6% $26 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $52,900 -- $29 / 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 $2,078 $35,915 $15,224 $20,691
2022 $2,078 $30,456 $12,910 $17,546
2021 $2,448 $28,801 $12,209 $16,592
2020 $2,354 $27,773 $11,773 $16,000
2019 $2,100 $24,853 $11,773 $13,080
2018 $2,092 $24,853 $11,773 $13,080
2017 $2,092 $24,853 $11,773 $13,080
2016 $2,089 $24,853 $11,773 $13,080
2015 $1,299 $15,500 $11,775 $3,725
2014 $2,206 $33,186 $11,775 $21,411
2013 -- $33,186 $11,775 $21,411
Source: Public Records

Agents Affiliated with this Home

  • John Armstrong

    Seller's Agent in 2015

    John Armstrong

    RE/MAX

    (309) 275-9333

    4 in this area

    205 Total Sales

    John Armstrong
    Section Image
  • Noelle Burns

    Seller Co-Listing Agent in 2015

    Noelle Burns

    RE/MAX

    (309) 830-2404

    4 in this area

    234 Total Sales

    Noelle Burns
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10206005

Midwest Real Estate Data (MRED)

APN: 21-09-304-015

Illinois Mclean County Bloomington 61701 South Hill

1507 S Oak St, Bloomington, IL

This home is located at 1507 S Oak St, Bloomington, IL 61701 since 21 November 2014 and is currently estimated at $156,869, approximately $87 per square foot. This property was built in 1925. 1507 S Oak St is a home located in McLean County with nearby schools including Irving Elementary School, Bloomington Junior High School, and Bloomington High School.

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