Seller's Agent in 2022
Seth Couillard
Couillard and Company
(309) 530-1442
7 in this area
442 Total Sales
333 Riley Dr Bloomington, IL 61701
Fairway Knolls Neighborhood
1
Bed
--
Bath
5,520
Sq Ft
0.59
Acres
About This Home
As of October 2022Calling all Investors!!! 333 AND 335 Riley Drive - Great 16 unit property... TWO buildings with 8 units in each building. Many units have been remodeled throughout, many with new LVP flooring! Each unit has its own front & back entrance, dedicated parking space, and tenant pays electric. Many updates including: Newer heaters, lighting, flooring, paint, fixtures, trim/casing, doors, etc... This is a great cash flow property that you will not want to miss! Properties being sold as is. Agent Interest.
Last Agent to Sell the Property
Couillard and Company License #475139043 Listed on: 08/08/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,696
Year Built
- Built in 1967
Lot Details
- 0.59 Acre Lot
- Lot Dimensions are 170x150
- Additional Parcels
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,520 Sq Ft Home
- 2-Story Property
- Laundry Room
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 16 Units
Building Details
- Electric Expense $800
- Fuel Expense $8,595
- Insurance Expense $1,556
- Other Expense $4,035
- Trash Expense $100
- Water Sewer Expense $400
- Operating Expense $43,896
- Gross Income $11,475
- Net Operating Income $99,648
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2022
Closed on
Oct 14, 2022
Sold by
S & D Homes Llc
Bought by
333-337 Riley Llc
Seller's Agent
Seth Couillard
Couillard and Company
Buyer's Agent
Marti Ryan
Vesta Real Estate LLC
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,058,000
Outstanding Balance
$1,978,318
Interest Rate
5.89%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 1, 2022
Sold by
Litwiller Douglas R and Litwiller Denise M
Bought by
S & D Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2009
Sold by
Burcham Jack B and Burcham Beverly R
Bought by
Litwiller Douglas R and Litwiller Denise M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.5%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| 333-337 Riley Llc | $980,000 | None Listed On Document | |
| S & D Homes Llc | $650,000 | Alliance Land Title | |
| Litwiller Douglas R | $500,000 | Mclean County Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 333-337 Riley Llc | $2,058,000 | |
| Previous Owner | S & D Homes Llc | $975,000 | |
| Previous Owner | Litwiller Douglas R | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $980,000 | -1.5% | $178 / Sq Ft |
| 08/15/2022 08/15/22 | Pending | -- | -- | -- |
| 08/08/2022 08/08/22 | For Sale | $995,000 | -- | $180 / 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 | $7,763 | $121,086 | $21,029 | $100,057 |
| 2022 | $7,763 | $91,344 | $15,863 | $75,481 |
| 2021 | $7,348 | $86,461 | $15,015 | $71,446 |
| 2020 | $7,329 | $86,461 | $15,015 | $71,446 |
| 2019 | $7,307 | $86,461 | $15,015 | $71,446 |
| 2018 | $7,134 | $84,766 | $14,721 | $70,045 |
| 2017 | $7,136 | $84,766 | $14,721 | $70,045 |
| 2016 | $7,124 | $84,766 | $14,721 | $70,045 |
| 2015 | $7,524 | $89,776 | $15,591 | $74,185 |
| 2014 | -- | $89,776 | $15,591 | $74,185 |
| 2013 | -- | $89,776 | $15,591 | $74,185 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Couillard
-
Tom Dibble
Seller Co-Listing Agent in 2022
Tom Dibble
CORE 3 Commercial Real Estate
(309) 242-8502
1 in this area
8 Total Sales
-
Marti Ryan
Buyer's Agent in 2022
Marti Ryan
Vesta Real Estate LLC
(309) 287-2053
4 in this area
80 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11486641
APN: 14-35-377-010
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