NOT LISTED FOR SALE

233 Robinhood Ln Bloomington, IL 61701

Fairway Knolls Neighborhood

Estimated Value: $658,392

17 Beds
11 Baths
11,322 Sq Ft
$58/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $575,000 $51 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,448/month

138 Days on Market

Highlights

  • Laundry Room
  • Storage Room
  • Hot Water Heating System

About This Home

As of October 2023

East Side, LOCATION,LOCATION,LOCATION!! 11 unit building centrally located close to major roads but far enough away to be on a quiet street with a mixture of residential homes and multi-unit buildings. Also close to multiple restaurants, shopping centers, and Bloomington Jr High & High Schools. Property sold 'AS IS". Easy to get to from Towanda Ave or Empire to Fairway. 16 Minute drive to Rivian! Minutes away from State Farm and Country financial. 5 Minutes to Up Town Normal and Downtown Bloomington. Lots of potential to bring this beauty to life and increase the revenue! The laundry room on lower level has leased coin-op washers and dryers. Owner pays heat gas (boiler) and water. Tenants pay electricity. Building sold As-Is!!

Last Agent to Sell the Property

Becky Gerig

RE/MAX Choice License #475132489 Listed on: 03/22/2023

RE/MAX Choice

Last Buyer's Agent

Marti Ryan

Vesta Real Estate LLC License #471020484

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,035

Year Built

  • Built in 1968

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120 x 125

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 11,322 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Partially Finished Basement
  • Basement Window Egress

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 11 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 11 Units

Building Details

  • Electric Expense $1,267
  • Insurance Expense $4,092
  • Maintenance Expense $15,258
  • Manager Expense $5,902
  • Other Expense $3,705
  • Trash Expense $818
  • Water Sewer Expense $4,930
  • Operating Expense $32,090
  • Gross Income $79,320
  • Net Operating Income $45,947

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,035

Year Built

Built in 1968

Lot Details

0.34 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1968
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 11
  • Total Bedrooms: 17
  • Possible Use: Multi-Family
  • Basement Description: Partially Finished,Egress Window
  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 2
  • Refrigerators: 11
  • Ranges: 11
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Frontage Type: City Street
  • Exterior Building Type: Brick
  • Misc Outside: Balcony/ies,Enclosed Stairs

Garage/Parking

  • Outdoor Parking: 6-12 Spaces,Paved
  • Indoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve, Window Unit(s)
  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Gas,Hot Water
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Manager Expense: 5902
  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 818
  • Water Sewer Expenses: 4930
  • Operating Expense Includes: Legal

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Dimensions: 120 X 125
  • Lot Size Sq Ft: 15000
  • Zoning: MULTI
  • Land Amenities: Security Entrance

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 11322

Multi Family

  • Net Operating Income: 45947
  • Insurance Expense: 4092
  • ElectricExpense: 1267
  • GrossIncome: 79320
  • Maintenance Expense: 15258
  • NumberOfUnitsTotal: 11
  • OperatingExpense: 32090
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 12035
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Sep 28, 2023
Sold by
Snyder Terry and Snyder Patricia T
Bought by
Pamm Properties Llc
Seller's Agent
Becky Gerig
RE/MAX Choice
Buyer's Agent
Marti Ryan
Vesta Real Estate LLC
List Price
$675,000
Sold Price
$575,000
Premium/Discount to List
-$100,000
-14.81%
Views
633
Current Estimated Value
$658,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,392
Avg. Annual Appreciation
6.04%
Original Mortgage
$460,000
Outstanding Balance
$263,893
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$394,499

Purchase Details

Closed on
Aug 26, 2005
Sold by
Peyton Frances I
Bought by
Snyder Terry and Snyder Patricia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 20, 2005
Sold by
Peyton Frances L
Bought by
Peyton Frances I and Frances I Peyton Rlt
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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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
Pamm Properties Llc $383,333 Illinois Title
Snyder Terry $485,000 None Available
Peyton Frances I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pamm Properties Llc $460,000
Previous Owner Snyder Terry $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $575,000 0.0% $51 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/25/2023 07/25/23 Price Changed $575,000 -4.0% $51 / Sq Ft
07/17/2023 07/17/23 Price Changed $599,000 -1.0% $53 / Sq Ft
07/06/2023 07/06/23 Price Changed $605,000 -8.3% $53 / Sq Ft
05/03/2023 05/03/23 Price Changed $660,000 -2.2% $58 / Sq Ft
03/23/2023 03/23/23 For Sale $675,000 -- $60 / Sq Ft
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 $12,716 $198,329 $27,058 $171,271
2022 $12,716 $149,615 $20,412 $129,203
2021 $12,036 $141,620 $19,322 $122,298
2020 $12,004 $141,620 $19,322 $122,298
2019 $11,969 $141,620 $19,322 $122,298
2018 $11,685 $138,843 $18,943 $119,900
2017 $11,689 $138,843 $18,943 $119,900
2016 $11,669 $138,843 $18,943 $119,900
2015 $12,323 $147,049 $20,063 $126,986
2014 -- $147,049 $20,063 $126,986
2013 -- $147,049 $20,063 $126,986
Source: Public Records

Agents Affiliated with this Home

  • Becky Gerig

    Seller's Agent in 2023

    Becky Gerig

    RE/MAX

    (309) 212-4120

    2 in this area

    291 Total Sales

    Becky Gerig
    Section Image
  • Marti Ryan

    Buyer's Agent in 2023

    Marti Ryan

    Vesta Real Estate LLC

    (309) 287-2053

    4 in this area

    80 Total Sales

    Marti Ryan
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11743691

Midwest Real Estate Data (MRED)

APN: 14-34-480-015

Illinois Mclean County Bloomington 61701 Fairway Knolls

233 Robinhood Ln, Bloomington, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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