NOT LISTED FOR SALE

202 Packard St Bloomington, IL 61701

Estimated Value: $135,895 - $168,000

6 Beds
3 Baths
-- Sq Ft
8,886 Sq Ft Lot

Last Sold June 21, 2022

Last sale price $117,500

Est. 28% increase in value since last sale

Current estimated payment $1,053/month

69 Days on Market

About This Home

As of June 2022

Two homes on one parcel with a 2 car detached garage. Each home is one individual unit. The back home has some newer flooring and fresh paint. The front home has some modern touches. The front home has a month to month tenant @910/month. The back home could be leased for 800/month. Great cash flow for an investor. This parcel has two addresses 202 Packard and 202 1/2 Packard. Seller says "Or Best Offer." So Bring Us Your Offers! Sewer line from the front home to the city line has been repaired this year.

Last Agent to Sell the Property

Sherye Przybyla

BHHS Central Illinois, REALTORS License #475142677 Listed on: 02/25/2022

BHHS Central Illinois, REALTORS

Last Buyer's Agent

Mark Kudrys

Freedom Realty License #475153087

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,826

Year Built

  • Built in 1925

Lot Details

  • 8,886

Home Design

  • Bungalow
  • Combination Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Partial Basement
  • Stone or Rock in Basement

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Space is Owned

Schools

  • Sheridan Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Additional Features

  • Lot Dimensions are 64 x 138
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,826

Year Built

Built in 1925

Lot Details

8,886 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Stone/Rock
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Combination

Garage/Parking

  • Parking Features: Off Alley, Off Street
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Sheridan Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School

Lot Info

  • Lot Dimensions: 64 X 138
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 3826.22
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Jun 17, 2022
Sold by
Evans Dennis
Bought by
Tfi Llc
Seller's Agent
Sherye Przybyla
BHHS Central Illinois, REALTORS
Buyer's Agent
Mark Kudrys
Freedom Realty
List Price
$150,000
Sold Price
$117,500
Premium/Discount to List
-$32,500
-21.67%
Current Estimated Value
$150,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,224
Avg. Annual Appreciation
6.92%
Original Mortgage
$180,000
Outstanding Balance
$55,919
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$94,805

Purchase Details

Closed on
Dec 17, 2021
Sold by
Terri Evans
Bought by
Evans Dennis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Tfi Llc $117,500 None Listed On Document
Evans Dennis -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tfi Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $117,500 -17.8% --
05/06/2022 05/06/22 Pending -- -- --
04/27/2022 04/27/22 Price Changed $143,000 -3.4% --
03/29/2022 03/29/22 Price Changed $148,000 -1.3% --
03/07/2022 03/07/22 For Sale $150,000 0.0% --
02/27/2022 02/27/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $150,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,329 $48,424 $11,005 $37,419
2022 $3,329 $39,166 $8,901 $30,265
2021 $3,898 $45,863 $8,433 $37,430
2020 $3,826 $45,141 $8,300 $36,841
2019 $3,750 $44,373 $8,159 $36,214
2018 $3,626 $43,080 $7,921 $35,159
2017 $3,627 $43,080 $7,921 $35,159
2016 $3,621 $43,080 $7,921 $35,159
2015 $2,625 $31,321 $8,671 $22,650
2014 $2,541 $31,321 $8,671 $22,650
2013 -- $31,321 $8,671 $22,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11332626

Midwest Real Estate Data (MRED)

APN: 21-05-380-007

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