NOT LISTED FOR SALE

321 E Locust St Bloomington, IL 61701

Near East Neighborhood

Estimated Value: $208,000 - $256,000

Studio
-- Bath
3,800 Sq Ft
$63/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2014

Last sale price $145,000 $38 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,774 / mo

17 Days on Market

Highlights

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

About This Home

As of April 2014

Age is estimated; Other Expense is Permit Total sqft is plus or minus Need 48 hour notice Some utilities paid by owner-tenant

Last Agent to Sell the Property

John Albee

BHHS Central Illinois, REALTORS License #475071164 Listed on: 02/14/2014

BHHS Central Illinois, REALTORS

Last Buyer's Agent

Tracy Haas Riley

BHHS Central Illinois, REALTORS License #471003669

BHHS Central Illinois, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 1929

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 50x130

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Laundry Room
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $1,373
  • Fuel Expense $1,576
  • Insurance Expense $2,107
  • Maintenance Expense $2,105
  • Other Expense $630
  • Water Sewer Expense $1,045
  • Operating Expense $13,118
  • Gross Income $22,490
  • Net Operating Income $9,372

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,282

Year Built

Built in 1929

Lot Details

10,500 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats,Condo/Townhouse
  • Stories: 2
  • Year Built: 1929
  • Legal Description: MCCROSSINS SUB L1 BLK 15 DURLEY ADD 2
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Partially Finished
  • Misc Inside: Laundry Room,Inside Corridor/s

Exterior Features

  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces,Paved

Utilities

  • Utilities: Water-Municipal, Sanitary Sewer
  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Water Sewer Expenses: 1045

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50X130
  • Lot Size Sq Ft: 10500
  • Land Amenities: Security Entrance

Building Info

  • BuildingAreaTotal: 3800

Rental Info

  • Board Number: 23

Multi Family

  • Net Operating Income: 9372
  • Fuel Expense: 1576
  • Insurance Expense: 2107
  • ElectricExpense: 1373
  • GrossIncome: 22490
  • Maintenance Expense: 2105
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 13118
  • Type Multi-Family: Flats,Condo/Townhouse

Tax Info

  • Tax Annual Amount: 4282
  • Tax Year: 13

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Apr 30, 2014
Sold by
Bought by
Seller's Agent
John Albee
BHHS Central Illinois, REALTORS
Buyer's Agent
Tracy Haas Riley
BHHS Central Illinois, REALTORS
List Price
$294,900
Sold Price
$145,000
Premium/Discount to List
-$149,900
-50.83%
Current Estimated Value
$239,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,880
Avg. Annual Appreciation
4.21%
Original Mortgage
$272,000
Interest Rate
0.0425%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,000 Alliance Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $153,954
Closed $272,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $145,000 -50.8% $38 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $294,900 -- $78 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,733 $77,005 $7,277 $69,728
2024 $5,199 $70,707 $6,682 $64,025
2022 $5,199 $61,170 $5,781 $55,389
2021 $4,759 $55,997 $5,292 $50,705
2020 $4,564 $53,843 $5,088 $48,755
2019 $4,550 $53,843 $5,088 $48,755
2018 $4,532 $53,843 $5,088 $48,755
2017 $4,533 $53,843 $5,088 $48,755
2016 $4,525 $53,843 $5,088 $48,755
2015 $4,512 $53,843 $5,088 $48,755
2014 $4,369 $53,843 $5,088 $48,755
2013 -- $53,843 $5,088 $48,755
Source: Public Records

Agents Affiliated with this Home

  • John Albee

    Seller's Agent in 2014

    John Albee

    BHHS Central Illinois, REALTORS

    (309) 664-1880

    2 in this area

    53 Total Sales

    John Albee
    Section Image
  • Tracy Haas Riley

    Buyer's Agent in 2014

    Tracy Haas Riley

    BHHS Central Illinois, REALTORS

    (309) 275-6590

    12 in this area

    286 Total Sales

    Tracy Haas Riley
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10222402

Midwest Real Estate Data (MRED)

APN: 21-04-252-011

Illinois Mclean County Bloomington 61701 Near East

321 E Locust St, Bloomington, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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