NOT LISTED FOR SALE

Estimated Value: $309,000 - $430,000

8 Beds
4 Baths
-- Sq Ft
9,932 Sq Ft Lot

Last Sold June 27, 2013

Last sale price $210,000

Est. 83% increase in value since last sale

Current estimated payment $2,636/month

194 Days on Market

Highlights

  • Landscaped Professionally
  • Patio
  • Ceiling Fan
  • Mature Trees
  • Forced Air Heating System

About This Home

As of June 2013

4 unit townhouses, all brick exterior, 2 bedrm/2 baths. Utilites paid nby tenant. Off Street parking. Good cultural location, clost to shopping & schools. Many with finished basements.Being sold with 312 Riley. All cost, Income & Expenses are comibined units.

Last Agent to Sell the Property

Deb Connor

Coldwell Banker Real Estate Group License #475128497 Listed on: 11/02/2012

Coldwell Banker Real Estate Group

Last Buyer's Agent

Caroline Bird

Coldwell Banker Real Estate Group License #475102202

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,456

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 81x121
  • Landscaped Professionally
  • Mature Trees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Outdoor Features

  • Patio

Schools

  • Bent Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • Fairway Knolls Subdivision

Building Details

  • Maintenance Expense $1,200
  • Gross Income $62,400
  • Net Operating Income $48,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,456

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Fairway Knolls
  • Year Built: 1968
  • Age: 41-50 Years
  • Legal Description: 12TH ADDITION TO FAIRWAY KNOLLS, ADDN LOT 356
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • Room: 4

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 249900
  • Lot Features: Mature Trees, Landscaped
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Other Expenses $: 13850

Schools

  • Elementary School: BENT ELEMENTARY
  • High School: BLOOMINGTON HIGH SCHOOL
  • Middle/Junior School: BLOOMINGTON JR HIGH
  • Middle/Junior School District: 87

Lot Info

  • Lot Dimensions: 81X121

Rental Info

  • Board Number: 23
  • TenantPays: Gas,Electric,Sewer,Water

Multi Family

  • Net Operating Income: 48550
  • GrossIncome: 62400
  • Maintenance Expense: 1200
  • Units in Building: 4
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 11456
  • Tax Year: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2013
Sold by
Deverapalli Vishnu Reddy
Bought by
Virtuoso Llc
Current Estimated Value
$384,508

Purchase Details

Listed on
Nov 2, 2012
Closed on
Jun 27, 2013
Sold by
Stevens Jeffery L and Stevens Tina G
Bought by
Deverapalli Vishnu
Seller's Agent
Deb Connor
Coldwell Banker Real Estate Group
Buyer's Agent
Caroline Bird
Coldwell Banker Real Estate Group
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$357,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Virtuoso Llc $362,500 Frontier Title Co
Deverapalli Vishnu $420,000 Frontier Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deverapalli Vishnu $357,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $210,000 -16.0% --
05/15/2013 05/15/13 Pending -- -- --
11/02/2012 11/02/12 For Sale $249,900 -- --
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 $6,544 $99,613 $12,503 $87,110
2022 $6,544 $76,994 $9,664 $67,330
2021 $5,990 $70,484 $8,847 $61,637
2020 $5,974 $70,484 $8,847 $61,637
2019 $5,957 $70,484 $8,847 $61,637
2018 $5,650 $67,128 $8,426 $58,702
2017 $5,652 $67,128 $8,426 $58,702
2016 $5,642 $67,128 $8,426 $58,702
2015 $5,958 $71,095 $8,924 $62,171
2014 $5,769 $71,095 $8,924 $62,171
2013 -- $71,095 $8,924 $62,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10209672

Midwest Real Estate Data (MRED)

APN: 14-35-376-024