NOT LISTED FOR SALE

Estimated Value: $424,000 - $446,366

4 Beds
3 Baths
4,800 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $245,000 $51 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,051/month

3 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Contemporary Architecture
  • Northpoint Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of May 2019

This home is located at 2503 Teakwood Ln, Bloomington, IL 61704 since 09 April 2019 and is currently estimated at $433,092, approximately $90 per square foot. This property was built in 1980. 2503 Teakwood Ln is a home located in McLean County with nearby schools including Northpoint Elementary School, Kingsley Junior High School, and Normal Community High School.

Last Agent to Sell the Property

Amanda Wycoff

BHHS Central Illinois, REALTORS License #475131048 Listed on: 04/09/2019

BHHS Central Illinois, REALTORS

Last Buyer's Agent

Amanda Wycoff

BHHS Central Illinois, REALTORS License #475131048 Listed on: 04/09/2019

BHHS Central Illinois, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,912

Year Built

  • 1980

Lot Details

  • Landscaped Professionally
  • Mature Trees

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Asphalt Shingled Roof
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Great Room
  • Library
  • Game Room
  • Home Gym
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,912

Year Built

1980

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Contemporary
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1980
  • Total Sq Ft: 1285
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 12
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 16X13, On Level: Walkout Basement, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 13X14, On Level: Walkout Basement
  • Additional Rooms: Library, Great Room, Game Room, Exercise Room
  • Master Bedroom: Dimensions: 16X18, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Library, Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Great Rm, Dimensions: 39X18, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Game Rm, Dimensions: 22X25, On Level: Basement
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Exercise Rm, Dimensions: 19X15, On Level: Basement
  • Bedroom 4: Dimensions: 14X12, On Level: Walkout Basement, Flooring: Carpet
  • Estimated Sq Ft: 4800
  • Estimated Total Finished Sq Ft: 1285
  • Basement Sq Ft: 1285
  • Basement Finished Sq Ft: 1285
  • Family Room: Dimensions: 22X17, On Level: Walkout Basement

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Wood Siding
  • Roof Type: Asphalt/Glass (Shingles), Wood Shakes/Shingles
  • Exterior Property Features: Deck, Porch
  • Acreage: 0.2957

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric

Schools

  • School District: 5
  • Elementary School: Northpoint Elementary
  • Middle School: Kingsley Jr High
  • High School: Normal Community High School
  • Junior High Dist: 5

Lot Info

  • Lot Dimensions: 111 X 120
  • Lot Description: Landscaped Professionally, Mature Trees
  • Parcel Identification Number: 1425377019
  • BNAR Zoning: R1A
  • Zero Lot Line: No

Tax Info

  • Taxes: 6979.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
May 31, 2019
Sold by
Stanford Norris M and Stanford Sharon E
Bought by
Yates Craig and Vo Christine
Seller's Agent
Amanda Wycoff
BHHS Central Illinois, REALTORS
Buyer's Agent
Amanda Wycoff
BHHS Central Illinois, REALTORS
List Price
$289,900
Sold Price
$245,000
Premium/Discount to List
-$44,900
-15.49%
Current Estimated Value
$433,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,092
Avg. Annual Appreciation
9.25%
Original Mortgage
$196,000
Interest Rate
4.1%
Source: Public Records

Range of Values:

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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
Yates Craig $245,000 Frontier Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yates Craig $190,000
Closed Yates Craig $196,000
Previous Owner Stanford Norris M $28,000
Previous Owner Stanford Norris M $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $245,000 -15.5% $51 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $289,900 -- $60 / 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 $8,912 $134,155 $21,218 $112,937
2022 $8,912 $106,855 $16,900 $89,955
2021 $8,275 $98,560 $15,588 $82,972
2020 $7,947 $94,769 $14,988 $79,781
2019 $7,256 $94,769 $14,988 $79,781
2018 $7,151 $93,645 $14,810 $78,835
2017 $6,980 $95,072 $15,036 $80,036
2016 $7,246 $98,520 $15,581 $82,939
2015 $7,139 $97,217 $15,375 $81,842
2014 $6,930 $95,636 $15,375 $80,261
2013 -- $92,850 $14,927 $77,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10337777

Midwest Real Estate Data (MRED)

APN: 14-25-377-019