NOT LISTED FOR SALE

Estimated Value: $169,000 - $196,000

3 Beds
2 Baths
-- Sq Ft
0.86 Acres

Last Sold May 20, 2022

Last sale price $150,000

Est. 22% increase in value since last sale

Current estimated payment $1,174/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 4-minute walk to Bloomington Parks & Recreation

About This Home

As of May 2022

2 units ready to rent! - 1 BR on first level, 2 BR on the 2nd level. Updated units with nice sized rooms. 2017 - many windows replaced. Architectural Roof (complete tear off) and front porch are approximately 10 years old. The 3rd level is floored and insulated. The home could be converted to a single family home. An owner could live in one unit and rent out the other unit! An investor could consider renting the entire home as a 4 BR home rental for $2,000 monthly (estimated). Two Trane furnaces. Tenants Pay Gas & Electric (2 meters for each). Owner pays water but then splits bill between 2 tenants.

Last Agent to Sell the Property

Bruce Dillman

Keller Williams Revolution License #475143052 Listed on: 04/15/2022

Keller Williams Revolution

Co-Listed By

Andrea Kolic

Keller Williams Revolution License #475175122

Last Buyer's Agent

Jodi McDermott

RE/MAX Rising License #475164315

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1905

Lot Details

  • 0.86

Home Design

  • Traditional Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 41x90

Community Details

Overview

  • 2 Units
  • Dimmitts Grove Subdivision

Building Details

  • Insurance Expense $1,000
  • Gross Income $18,600
  • Net Operating Income $15,685

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,915

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Dimmitts Grove
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • List Price: 159900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • 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
  • Middle/Junior School District: 87

Lot Info

  • Lot Dimensions: 41X90
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: No

Multi Family

  • Net Operating Income: 15685
  • Insurance Expense: 1000
  • GrossIncome: 18600
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Tax Info

  • Tax Annual Amount: 1914.76
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 20, 2022
Sold by
Fitzgerald William F
Bought by
Brandon Steven D and Brandon Yvonne M
Seller's Agent
Bruce Dillman
Keller Williams Revolution
Buyer's Agent
Jodi McDermott
RE/MAX Rising
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$183,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,442
Avg. Annual Appreciation
6.31%

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 18, 2022
Sold by
Michael Schaab R
Bought by
Fitzgerald William F
Seller's Agent
Bruce Dillman
Keller Williams Revolution
Buyer's Agent
Jodi McDermott
RE/MAX Rising
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Source: Public Records

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 Buyer Sale Price Title Company
Brandon Steven D $150,000 Wilson Michael J
Fitzgerald William F -- Wilson Michael J
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $150,000 -6.2% --
04/30/2022 04/30/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $159,900 +52.3% --
10/02/2012 10/02/12 Sold $105,000 -12.4% --
10/02/2012 10/02/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $119,900 -- --
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 $2,181 $29,665 $4,754 $24,911
2022 $2,181 $25,664 $4,113 $21,551
2021 $1,997 $23,494 $3,765 $19,729
2020 $1,915 $22,590 $3,620 $18,970
2019 $1,909 $22,590 $3,620 $18,970
2018 $1,901 $22,590 $3,620 $18,970
2017 $1,902 $22,590 $3,620 $18,970
2016 $1,899 $22,590 $3,620 $18,970
2015 $1,499 $17,889 $3,620 $14,269
2014 $1,452 $17,889 $3,620 $14,269
2013 -- $17,889 $3,620 $14,269
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11375814

Midwest Real Estate Data (MRED)

APN: 21-04-418-010