NOT LISTED FOR SALE

401 Douglas St Bloomington, IL 61701

Near East Neighborhood

Estimated Value: $175,000 - $211,000

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

Sale Details

Date Sold: January 12, 2024

Last sale price $161,700

Est. 17% increase in value since last sale

Current estimated payment $1,260 / mo

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

5,881 Sq Ft Lot

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
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • 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

Exterior Features

  • 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

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

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
Sep 4, 2023
Closed on
Jan 12, 2024
Sold by
Bought by
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
$189,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,699
Avg. Annual Appreciation
6.53%
Original Mortgage
$129,360
Interest Rate
0.0699%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2017
Closed on
Dec 4, 2017
Sold by
Bought by
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
0.039%
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
$162,000 Alliance Land Title
$102,500 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 $158,730
Closed $129,360
Previous Owner $76,875
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 Prior Sale
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% -- View Prior Sale
12/08/2017 12/08/17 Sold $102,500 -8.2% $47 / Sq Ft View Prior Sale
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

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 $2,841 $38,159 $6,081 $32,078
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

  • Melissa Dittbenner

    Seller's Agent in 2024

    Melissa Dittbenner

    BHHS Central Illinois, REALTORS

    (309) 275-5670

    4 in this area

    67 Total Sales

    Melissa Dittbenner
    Section Image
  • Emily Almeida

    Seller's Agent in 2017

    Emily Almeida

    RE/MAX

    (309) 826-0672

    64 Total Sales

    Emily Almeida
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Karen Williams

    RE/MAX

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11875406

Midwest Real Estate Data (MRED)

APN: 21-04-259-022

Illinois Mclean County Bloomington 61701 Near East

401 Douglas 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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