Seller's Agent in 2015
Cindy Eckols
RE/MAX
(309) 532-1616
895 Total Sales
1619 R T Dunn Dr Bloomington, IL 61701
Estimated Value: $3,602,222
18
Beds
--
Bath
1,120
Sq Ft
$3,216/Sq Ft
Est. Value
About This Home
As of July 2015Well maintained apt. complex. Excellent investment. All 3 bed 2 bath apts. Great location near Great Escape. The 17,000 expenses was for paint & decorating & replacements of some refrigerators, WD, & stoves. Presently only 2 vacancies. Tenants pay all utilities. 17 apts are on 1st floor. 17 apts 2nd floor. Each apt 1,120 sq ft. Built in 2003. Rents $725-$875. some units have stackable washer-dryers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $34,000
Year Built
- Built in 2003
Lot Details
- 1,120 Sq Ft Lot
Interior Spaces
- 1,120 Sq Ft Home
- 2-Story Property
Utilities
- Central Air
- Baseboard Heating
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 34 Units
Building Details
- Insurance Expense $8,500
- Maintenance Expense $17,000
- Manager Expense $19,200
- Other Expense $3,000
- Operating Expense $84,306
- Gross Income $308,000
- Net Operating Income $22,369
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2015
Closed on
Jul 14, 2015
Sold by
Camp Kenneth and Camp Phyllis
Bought by
Vedanta Enterprises Llc
Seller's Agent
Cindy Eckols
RE/MAX Choice
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$2,399,000
Sold Price
$2,100,000
Premium/Discount to List
-$299,000
-12.46%
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
$1,502,222
Avg. Annual Appreciation
5.39%
Original Mortgage
$1,627,500
Outstanding Balance
$1,276,083
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$2,326,139
Purchase Details
Closed on
Sep 27, 2007
Sold by
R T Dunn Drive Llc
Bought by
Camp Kenneth and Camp Phyllis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,633,000
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 |
|---|---|---|---|
| Vedanta Enterprises Llc | $2,100,000 | Attorney | |
| Camp Kenneth | $2,041,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vedanta Enterprises Llc | $1,627,500 | |
| Previous Owner | Camp Kenneth | $1,633,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2015 07/22/15 | Sold | $2,100,000 | -12.5% | $1,875 / Sq Ft |
| 04/13/2015 04/13/15 | Pending | -- | -- | -- |
| 02/11/2015 02/11/15 | For Sale | $2,399,000 | -- | $2,142 / 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 | $40,623 | $633,616 | $147,819 | $485,797 |
| 2022 | $40,623 | $477,986 | $111,511 | $366,475 |
| 2021 | $38,451 | $452,437 | $105,551 | $346,886 |
| 2020 | $38,349 | $452,437 | $105,551 | $346,886 |
| 2019 | $38,236 | $452,437 | $105,551 | $346,886 |
| 2018 | $37,332 | $443,565 | $103,481 | $340,084 |
| 2017 | $37,344 | $443,565 | $103,481 | $340,084 |
| 2016 | $37,279 | $443,565 | $103,481 | $340,084 |
| 2015 | $35,756 | $426,665 | $99,538 | $327,127 |
| 2014 | $34,621 | $426,665 | $99,538 | $327,127 |
| 2013 | -- | $426,665 | $99,538 | $327,127 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Eckols
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10209779
APN: 21-09-451-029
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