Seller's Agent in 2023
Becky Gerig
RE/MAX
(309) 212-4120
2 in this area
289 Total Sales
233 Robinhood Ln Bloomington, IL 61701
Fairway Knolls NeighborhoodEstimated Value: $622,548
17
Beds
11
Baths
11,322
Sq Ft
$55/Sq Ft
Est. Value
Highlights
- Laundry Room
- Storage Room
- Hot Water Heating System
About This Home
As of October 2023East 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!!
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,548
Avg. Annual Appreciation
2.96%
Original Mortgage
$460,000
Outstanding Balance
$324,579
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$281,019
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
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 |
|---|---|---|---|
| Pamm Properties Llc | -- | 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 | $205,000 | |
| Previous Owner | Snyder Terry | $300,000 | |
| Previous Owner | Snyder Terry | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 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 | $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
-
-
Buyer's Agent in 2023
Marti Ryan
Vesta Real Estate LLC
(309) 287-2053
3 in this area
82 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11743691
APN: 14-34-480-015
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