NOT LISTED FOR SALE

1901 Gailey Ln Bloomington, IL 61704

Estimated Value: $491,000 - $526,887

4 Beds
4 Baths
3,930 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $383,000 $97 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,646/month

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • 1-Story Property
  • Northpoint Elementary School Rated A-
  • Attached Garage

About This Home

As of November 2021

Gorgeous split bedroom BRICK ranch on corner lot with side load garage, across from playground & trail. Open floor plan with lots of hardwood flooring, beautiful stone fireplace on main level and an additional fireplace in the basement. New furnace & air 2020, new water heater 2020, water-powered sump back-up 2018, and updated the irrigation system 2018. Main floor office with French doors, butler's pantry off kitchen in dinette area, spacious kitchen with white cabinetry, lots of counter space, pantry, stainless steel refrigerator, newer microwave and dishwasher all remain! Dramatic 10' ceilings and formal dining room greet you as you enter the home. Huge master bedroom has a luxurious master bath with dual sink vanity, 2 walk-in-closets and 2019 remodeled extra large shower! You'll love the quality and extra amenities this home has to offer! The basement is incredible with a "log-cabin" motif, recreation area, bonus room with closet, super huge bedroom, and a wet bar with refrigerator and microwave and an abundance of cabinetry! The family room is open and a wonderful place to entertain. There is plenty of storage place and an area perfect for crafting or a mini-workshop. Covered front porch and rear porch provide extra outdoor living areas, as well as a large patio in the rear yard with privacy barriers and a hot tub (about 3 years old) which stays with the home--great for relaxing after a long day at work or play. The impressive curb appeal will be sure to please! Don't miss your opportunity--make this beautiful home yours, today!

Last Agent to Sell the Property

Lisa Lockenvitz

Coldwell Banker Real Estate Group License #471020541 Listed on: 09/30/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Meenu Bhaskar

Keller Williams Revolution License #475133451

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,693

Year Built

  • 2004

Lot Details

  • 0.3

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Dual Sinks
  • 3,930 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,693

Year Built

2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch
  • Directions: E. on College, S. on Biasi to Stevenson, S on Gailey
  • Lot Size: 84.37X12.83X125.6X42.07X78.03X118.72
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Tipton Trails
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Cooktop, Wall Oven
  • Has Basement: Full
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log
  • Estimated Total Finished Sq Ft: 3930
  • Basement Description: Partially Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Other
  • Square Footage Comments: Fin bsmt sq ft taped by agent, 2100-(15x18). Measurements and other info believed to be accurate, but not warranted. Buyer may measure on own to verify, prior to purchase, if desired.
  • Total Sq Ft: 4200
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1830
  • Fireplaces: 2
  • Interior Amenities: Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Separate Dining Room
  • Other Equipment: Sprinkler-Lawn
  • Dining Room Type: Eating Area, Office, Bonus Room, Recreation Room, Family Room

Exterior Features

  • Exterior Features: Patio, Porch, Hot Tub
  • Exterior Building Type: Brick
  • Lot Features: Corner Lot
  • Other Structures: None
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved, Other

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 5
  • Middle Or Junior School: Kingsley Jr High

Lot Info

  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No
  • Additional Parcels: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 7818.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 30, 2021
Sold by
Menning David L and Menning Cindy
Bought by
Bowman John M and Bowman Gwendolyn Jane
Seller's Agent
Lisa Lockenvitz
Coldwell Banker Real Estate Group
Buyer's Agent
Meenu Bhaskar
Keller Williams Revolution
List Price
$359,900
Sold Price
$383,000
Premium/Discount to List
$23,100
6.42%
Current Estimated Value
$510,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,472
Avg. Annual Appreciation
7.62%
Original Mortgage
$306,400
Outstanding Balance
$282,332
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$228,140

Purchase Details

Closed on
Jul 31, 2018
Sold by
Finck Terrance R and Finck Amber M
Bought by
Menning David L and Manning Cindy

Purchase Details

Closed on
Aug 8, 2011
Sold by
Kirk Michael E and Kirk Patricia A
Bought by
Finck Terrance R and Finck Amber M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.54%
Source: Public Records

Range of Values:

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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
Bowman John M $383,000 Mclean County Title
Menning David L $267,000 Frontier Title Co
Finck Terrance R $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman John M $306,400
Previous Owner Finck Terrance R $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $383,000 +6.4% $97 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $359,900 +34.8% $92 / Sq Ft
10/04/2018 10/04/18 Sold $267,000 -13.0% $130 / Sq Ft View Prior Sale
08/29/2018 08/29/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $307,000 -- $149 / 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 $11,693 $176,768 $31,197 $145,571
2022 $11,693 $143,328 $25,295 $118,033
2021 $7,769 $93,333 $23,357 $69,976
2020 $7,818 $93,333 $23,357 $69,976
2019 $7,565 $93,333 $23,357 $69,976
2018 $7,557 $93,333 $23,357 $69,976
2017 $8,588 $109,451 $23,357 $86,094
2016 $8,448 $108,046 $23,057 $84,989
2015 $8,331 $106,617 $22,752 $83,865
2014 $8,168 $105,754 $22,752 $83,002
2013 -- $105,754 $22,752 $83,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11233422

Midwest Real Estate Data (MRED)

APN: 14-25-452-014