NOT LISTED FOR SALE

1507 W Locust St Bloomington, IL 61701

Estimated Value: $86,000 - $94,000

2 Beds
1 Bath
1,100 Sq Ft
$82/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $60,000 $55 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $591/month

111 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating and Cooling System
  • 2-minute walk to O'Neil Park

About This Home

As of July 2020

This home is located at 1507 W Locust St, Bloomington, IL 61701 since 20 February 2020 and is currently estimated at $89,784, approximately $81 per square foot. This property was built in 1900. 1507 W Locust St is a home located in McLean County with nearby schools including Sheridan Elementary School, Bloomington Junior High School, and Bloomington High School.

Last Agent to Sell the Property

Jared Litwiller

Freedom Realty License #475155972 Listed on: 02/20/2020

Co-Listed By

Doug Litwiller

Freedom Realty License #475180694

Last Buyer's Agent

Jared Litwiller

Freedom Realty License #475155972 Listed on: 02/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,070

Year Built

  • 1900

Lot Details

  • 3,920

Home Design

  • Bungalow
  • Vinyl Siding

Unfinished Basement

  • Partial Basement

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,070

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 700
  • Unfinished Basement Sq Ft: 400
  • Style Of House: Bungalow
  • Type Detached: 1 Story
  • Estimated Year Built: 1900
  • Total Sq Ft: 1100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 12X15, On Level: Main Level
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 14X17, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level
  • Bedroom 2: Dimensions: 7X12, On Level: Main Level
  • Estimated Sq Ft: 1100
  • Estimated Total Finished Sq Ft: 700
  • Basement Sq Ft: 400
  • Main Level Sq Ft: 700

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.097

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 700

Schools

  • School District: 87
  • Elementary School: Sheridan Elementary
  • Middle School: Bloomington Jr High School
  • High School: Bloomington High School
  • Junior High Dist: 87

Lot Info

  • Lot Dimensions: 40X108
  • Parcel Identification Number: 2105128023
  • BNAR Zoning: R1A
  • Zero Lot Line: No

Tax Info

  • Taxes: 1366.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jul 30, 2020
Sold by
Litwiller Douglas R
Bought by
Holt Benjamin P
Seller's Agent
Jared Litwiller
Freedom Realty
Buyer's Agent
Jared Litwiller
Freedom Realty
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%
Total Days on Market
111
Current Estimated Value
$89,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,784
Avg. Annual Appreciation
8.63%
Original Mortgage
$54,000
Outstanding Balance
$48,837
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$40,947

Purchase Details

Listed on
May 20, 2014
Closed on
Sep 15, 2014
Sold by
Koch Todd J
Bought by
Litwiller Dougals R
Seller's Agent
Jared Litwiller
Freedom Realty
Buyer's Agent
Jared Litwiller
Freedom Realty
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$42,750
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Holt Benjamin P $60,000 Alliance Land Title
Litwiller Dougals R $55,000 Alliance Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Benjamin P $54,000
Closed Holt Benjamin P $2,400
Previous Owner Litwiller Douglas R $42,750
Previous Owner Koch Todd J $16,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $60,000 -7.6% $55 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $64,900 +49.2% $59 / Sq Ft
04/07/2017 04/07/17 Sold $43,500 0.0% $62 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $43,500 -20.9% $62 / Sq Ft
09/15/2014 09/15/14 Sold $55,000 -8.2% $79 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $59,900 -- $86 / 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 $1,070 $22,174 $6,310 $15,864
2022 $1,070 $18,588 $5,290 $13,298
2021 $936 $17,016 $4,842 $12,174
2020 $1,442 $17,016 $4,842 $12,174
2019 $1,414 $16,727 $4,760 $11,967
2018 $1,367 $16,239 $4,621 $11,618
2017 $1,333 $15,828 $4,504 $11,324
2016 $1,330 $15,828 $4,504 $11,324
2015 $1,309 $15,618 $4,444 $11,174
2014 $780 $15,618 $4,444 $11,174
2013 -- $16,184 $4,605 $11,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10642566

Midwest Real Estate Data (MRED)

APN: 21-05-128-023