NOT LISTED FOR SALE

Estimated Value: $190,000 - $223,226

3 Beds
5 Baths
4,151 Sq Ft
$49/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $180,000 $43 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,340/month

35 Days on Market

Highlights

  • 3 Fireplaces
  • Forced Air Heating System
  • 3-minute walk to Franklin Park

About This Home

As of November 2024

Beautiful features with original open stairway wood floors, fireplaces (now decorative only), and other touches of charm. Property has been owned & maintained by the same family for decades. Three 1 bedroom units and 2 studio units. Kitchen & bath updates. Great location near shopping, dining and entertainment opportunities in downtown Bloomington, 2 blocks from historic Franklin Park and near Constitution Trail.

Last Agent to Sell the Property

Jill West

BHHS Central Illinois, REALTORS License #475129323 Listed on: 08/23/2024

BHHS Central Illinois, REALTORS

Co-Listed By

Kathy DiCiaula

BHHS Central Illinois, REALTORS License #475127697

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281

eXp Realty-Mahomet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,582

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50x130

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Wood Frame Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,151 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $3,719
  • Fuel Expense $3,251
  • Insurance Expense $2,002
  • Maintenance Expense $6,112
  • Other Expense $8,009
  • Water Sewer Expense $3,320
  • Operating Expense $29,994
  • Gross Income $37,337
  • Net Operating Income $7,343

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,582

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance,Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1910
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 3
  • Fireplaces: 3
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 3
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Wood Frame
  • Roof: Composition
  • Exterior Building Type: Frame
  • Roof Structure: Flat,Gable

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Central Bldg Heat,Forced Air,Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Water Sewer Expenses: 3320

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X130
  • Zoning: MULTI

Rental Info

  • Tenant Pays: None
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 4151

Multi Family

  • Net Operating Income: 7343
  • Fuel Expense: 3251
  • Insurance Expense: 2002
  • ElectricExpense: 3719
  • GrossIncome: 37337
  • Maintenance Expense: 6112
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 29994
  • Type Multi-Family: Corridor-Exterior Entrance,Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 3582.48
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Nov 1, 2024
Sold by
Ernst Linda
Bought by
Moppom Ventures Llc
Seller's Agent
Jill West
BHHS Central Illinois, REALTORS
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%
Views
1
Current Estimated Value
$204,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,307
Avg. Annual Appreciation
11.33%
Original Mortgage
$144,000
Outstanding Balance
$122,499
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
$81,808

Purchase Details

Closed on
Sep 1, 2006
Sold by
Terndrup Jack
Bought by
Ernst Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.19%
Source: Public Records
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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
Moppom Ventures Llc $180,000 None Listed On Document
Moppom Ventures Llc $180,000 None Listed On Document
Ernst Linda $12,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moppom Ventures Llc $144,000
Closed Moppom Ventures Llc $144,000
Previous Owner Ernst Linda $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $180,000 -10.0% $43 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $199,900 -- $48 / 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 $3,257 $44,295 $6,682 $37,613
2022 $3,257 $38,320 $5,781 $32,539
2021 $2,981 $35,080 $5,292 $29,788
2020 $2,859 $33,730 $5,088 $28,642
2019 $2,851 $33,730 $5,088 $28,642
2018 $2,839 $33,730 $5,088 $28,642
2017 $2,840 $33,730 $5,088 $28,642
2016 $2,835 $33,730 $5,088 $28,642
2015 $2,827 $33,730 $5,088 $28,642
2014 $2,737 $33,730 $5,088 $28,642
2013 -- $33,730 $5,088 $28,642
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12146090

Midwest Real Estate Data (MRED)

APN: 21-04-252-003