NOT LISTED FOR SALE

Estimated Value: $176,000 - $191,000

4 Beds
2 Baths
-- Sq Ft
5,881 Sq Ft Lot

Last Sold January 12, 2024

Last sale price $161,700

Est. 15% increase in value since last sale

Current estimated payment $1,224/month

93 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of January 2024

Very well maintained income property with tons of charming & original features. Easy to lease, long term tenant in 1 unit, 2nd is newly vacant and ready to go! Full basement with concrete flooring, laundry for tenants (washer & dryer remain), and plenty of storage. Full attic access from unit 2 allows for more storage. Since 2017 house has new concrete in basement, new windows on all of main floor and some of 2nd floor, water heater, A/C for each unit, furnace for unit 2. Apartment 1 has laminate flooring, newer ceiling in main bedroom, & newer shower. Parking behind house. Lease both units or live in one!

Last Agent to Sell the Property

Melissa Dittbenner

BHHS Central Illinois, REALTORS License #475175689 Listed on: 09/04/2023

BHHS Central Illinois, REALTORS

Last Buyer's Agent

Melissa Dittbenner

BHHS Central Illinois, REALTORS License #475175689 Listed on: 09/04/2023

BHHS Central Illinois, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,576

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 51x115

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

  • Sheridan Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $1,440
  • Gross Income $21,600
  • Net Operating Income $16,984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,576

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 165000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Water Sewer Expenses: 1440
  • Other Expenses $: 600

Schools

  • Elementary School: Sheridan Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School
  • Middle/Junior School District: 87

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 51X115
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 23

Multi Family

  • Net Operating Income: 16984
  • GrossIncome: 21600
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,Converted Residence

Tax Info

  • Tax Annual Amount: 2576.18
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Jan 12, 2024
Sold by
Knue Linus I
Bought by
Sims Brendan
Seller's Agent
Melissa Dittbenner
BHHS Central Illinois, REALTORS
Buyer's Agent
Melissa Dittbenner
BHHS Central Illinois, REALTORS
List Price
$170,000
Sold Price
$161,700
Premium/Discount to List
-$8,300
-4.88%
Views
141
Current Estimated Value
$185,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,471
Avg. Annual Appreciation
7.18%
Original Mortgage
$129,360
Outstanding Balance
$127,584
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$53,349

Purchase Details

Listed on
Oct 24, 2017
Closed on
Dec 4, 2017
Sold by
Almeida Randal F
Bought by
Knue Linus L
Seller's Agent
Emily Almeida
RE/MAX Rising
Buyer's Agent
Emily Almeida
RE/MAX Rising
List Price
$111,700
Sold Price
$102,500
Premium/Discount to List
-$9,200
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$76,875
Interest Rate
3.9%
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
Sims Brendan $162,000 Alliance Land Title
Knue Linus L $102,500 Alliance Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Brendan $129,360
Previous Owner Knue Linus L $76,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $161,700 -2.0% --
12/07/2023 12/07/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $165,000 -2.9% --
10/18/2023 10/18/23 For Sale $170,000 0.0% --
09/10/2023 09/10/23 Pending -- -- --
09/04/2023 09/04/23 Price Changed $170,000 +6.3% --
09/04/2023 09/04/23 For Sale $160,000 +56.1% --
12/08/2017 12/08/17 Sold $102,500 0.0% --
12/08/2017 12/08/17 Sold $102,500 -8.2% $47 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
11/07/2017 11/07/17 Pending -- -- --
10/24/2017 10/24/17 For Sale $111,700 -5.9% $51 / Sq Ft
07/10/2017 07/10/17 For Sale $118,700 -- --
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 $2,576 $35,038 $5,584 $29,454
2022 $2,576 $30,312 $4,831 $25,481
2021 $2,358 $27,750 $4,423 $23,327
2020 $2,262 $26,683 $4,253 $22,430
2019 $2,255 $26,683 $4,253 $22,430
2018 $2,246 $26,683 $4,253 $22,430
2017 $2,246 $26,683 $4,253 $22,430
2016 $2,243 $26,683 $4,253 $22,430
2015 $2,440 $29,115 $4,253 $24,862
2014 $2,362 $29,115 $4,253 $24,862
2013 -- $29,115 $4,253 $24,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11875406

Midwest Real Estate Data (MRED)

APN: 21-04-259-022