$55,000
SOLD SEP 15, 2014

1507 W Locust St Bloomington, IL 61701

2 Beds
1 Bath
700 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

8% Below List Price

94 Days on Market

Highlights

  • Mature Trees
  • Walk-In Pantry
  • Porch
  • Ranch Style House
  • Fenced Yard
  • 2-minute walk to O'Neil Park

About This Home

As of July 2020

Great House at a Great Price! This home has many updates that make it very energy efficient such as vinyl windows, furnace, A/C, and whole house fan. Also lots of cosmetic updates as well such as newer laminate flooring and freshly painted front porch. Fenced in yard, great for pets! This property is priced to sell and won't last long! Seller Concessions= rebate back to the buyer. Price increase = lender allowed Buyer to purchase property for more and get a credit back from the seller.

Last Agent to Sell the Property

Jared Litwiller

Freedom Realty License #475155972 Listed on: 05/20/2014

Last Buyer's Agent

Jared Litwiller

Freedom Realty License #475155972 Listed on: 05/20/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,070

Year Built

  • 1900

Lot Details

  • Fenced Yard
  • Mature Trees

Home Design

  • Ranch Style House
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Bathroom on Main Level
  • Partial Basement
  • Porch

Listing and Financial Details

  • $10,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,070

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 700
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1900
  • Total Sq Ft: 1100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Interior Property Features: 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X15, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Appliances: Refrigerator, Oven/Range, Washer, Dryer, Microwave
  • Equipment: Fan-Whole House, Security System, Ceiling Fan
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 14X17, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 7X12, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Estimated Sq Ft: 700
  • Estimated Total Finished Sq Ft: 700
  • Basement Sq Ft: 400
  • Main Level Sq Ft: 700

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Porch

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 40 X 108
  • Lot Description: Fenced Yard, Mature Trees
  • Parcel Identification Number: 2105128023
  • BNAR Zoning: R1C

Tax Info

  • Taxes: 878

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
$96,355

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
8.38%
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

Similar Homes in Bloomington, IL

  • 409 Catherine St, Bloomington, IL 61701

    $62,500

    • 2 Beds
    • 1 Bath
    • 1,622 Sq Ft
    • 409 Catherine St
    • Bloomington, IL

    Tons of potential in this 2 bedroom 1 bath home in Bloomington! Newer roof and mechanicals, and this home is currently rented for $700 a month with the tenant paying all utilities. This home is being sold as is.

    Matt Hansen Coldwell Banker Real Estate Group

    Section Image
  • 1003 W Olive St, Bloomington, IL 61701

    $67,000

    • 3 Beds
    • 1 Bath
    • 1,363 Sq Ft
    • 1003 W Olive St
    • Bloomington, IL

    Covered front porch and screened back porch. Shed. Sold as is. Fence. Most windows updated. Updated roof. Not far from downtown or park. Exterior access to basement. Main floor bedroom.

    Matt Zenor Coldwell Banker Real Estate Group

    Section Image
  • 1204 W Macarthur Ave, Bloomington, IL 61701

    $44,900

    • 4 Beds
    • 1.5 Baths
    • 1,146 Sq Ft
    • 1204 W Macarthur Ave
    • Bloomington, IL

    So much potential with this 4-5-bedroom 1.5 bath home in Bloomington. Some newer updates. 2 car detached garage with attached carport. Large, enclosed porch. This home would make a great rental or flip property! This home currently has a tax assessed fair market value of $113,643. Won't last long at this Price!! Property Sold AS IS

    Jared Litwiller Freedom Realty

    Section Image
  • 1305 S Oak St, Bloomington, IL 61701

    $60,000

    • 2 Beds
    • 1 Bath
    • 1,441 Sq Ft
    • 1305 S Oak St
    • Bloomington, IL

    Investor Opportunity Near Miller Park! This ranch home sits on a double lot and is ready for your finishing touch. The renovation was started but not completed-offering a great value-add project. The home includes 2 bedrooms, 1 bathroom, large living room, a spacious kitchen, space for a first-floor laundry area, and a full unfinished basement. One-car garage. Being sold as-is, with remaining

    Dawn Peters Keller Williams Revolution

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10231327

Midwest Real Estate Data (MRED)

APN: 21-05-128-023