1507 W Locust St Bloomington, IL 61701
2
Beds
1
Bath
1,100
Sq Ft
3,920
Sq Ft Lot
Highlights
- Bungalow
- Forced Air Heating and Cooling System
- 2-minute walk to O'Neil Park
About This Home
As of July 2020This home is located at 1507 W Locust St, Bloomington, IL 61701 and is currently priced at $60,000, approximately $54 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
Freedom Realty License #475155972 Listed on: 02/20/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,070
Year Built
- 1900
Home Design
- Bungalow
- Vinyl Siding
Unfinished Basement
- Partial Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
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%
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
$36,355
Avg. Annual Appreciation
8.36%
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
Similar Homes in Bloomington, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $60,000 | Alliance Land Title | |
| Warranty Deed | $55,000 | Alliance Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $54,000 | New Conventional | |
| Closed | $2,400 | Stand Alone Second | |
| Previous Owner | $42,750 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $16,500 | Credit Line Revolving |
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
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
-
Seller's Agent in 2020
Jared Litwiller
Freedom Realty
(309) 840-5983
778 Total Sales
-
D
Seller Co-Listing Agent in 2020
Doug Litwiller
Freedom Realty
(309) 840-1871
4 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10642566
APN: 21-05-128-023
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