NOT LISTED FOR SALE

406 Douglas St Bloomington, IL 61701

Near East Neighborhood

Estimated Value: $112,000 - $171,000

3 Beds
2 Baths
-- Sq Ft
7,536 Sq Ft Lot

Sale Details

Date Sold: June 12, 2012

Last sale price $63,000

Est. 110% increase in value since last sale

Current estimated payment $864 / mo

77 Days on Market

Highlights

  • Mature Trees
  • Porch
  • Forced Air Heating System

About This Home

As of June 2012

Recently remodeled duplex in Cultural-Art District. Downtown convenience, near IWU, GREAT tenant in unit 2, unit 1 vacant, beautiful hardwood floors in unit 2 with brand new kitchen and bath, unit 1 has updated kitchen and new bath, turnkey operation, excellent investment opportunity! Insurance figure is estimated. Owner is licensed real estate agent. Agent interest.

Last Agent to Sell the Property

BNAR Conversion Agent

BNAR Conversion Office Listed on: 01/31/2012

Last Buyer's Agent

Vicente Adame

Coldwell Banker Real Estate Group License #475128507

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,385

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 60x124
  • Mature Trees

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Porch

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $9,396
  • Net Operating Income $7,611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,385

Year Built

Built in 1925

Lot Details

7,536 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: NOT APPLICABLE
  • Year Built: 1925
  • Age: 81-90 Years
  • Legal Description: K. H. FELLS 2ND ADDN 11 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Lot Features: Mature Trees
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 3
  • 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: Y

Fee Information

  • Other Expenses $: 1785

Schools

  • Elementary School: SHERIDAN ELEMENTARY
  • High School: BLOOMINGTON HIGH SCHOOL
  • Middle/Junior School: BLOOMINGTON JR HIGH

Lot Info

  • Lot Dimensions: 60X124

Rental Info

  • Board Number: 23

Multi Family

  • Net Operating Income: 7611
  • GrossIncome: 9396
  • Units in Building: 2
  • Type-Multi: 1 Story Unit/s,Converted Residence,2 Flat

Tax Info

  • Tax Annual Amount: 1385
  • Tax Year: 10

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
Jan 31, 2012
Closed on
Jun 12, 2012
Sold by
Bought by
Seller's Agent
BNAR Conversion Agent
BNAR Conversion Office
Buyer's Agent
Vicente Adame
Coldwell Banker Real Estate Group
List Price
$79,500
Sold Price
$63,000
Premium/Discount to List
-$16,500
-20.75%
Current Estimated Value
$132,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,000
Avg. Annual Appreciation
5.39%
Original Mortgage
$591,768
Interest Rate
0.0387%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
0.0574%
Mortgage Type
Future Advance Clause Open End Mortgage
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
$594,000 None Available
$125,000 None Available
-- None Available
$70,000 None Available
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 $402,213
Closed $591,768
Previous Owner $25,000
Previous Owner $30,000
Previous Owner $56,000
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
06/12/2012 06/12/12 Sold $63,000 -20.8% --
04/17/2012 04/17/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $79,500 -- --
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 $1,811 $24,321 $7,838 $16,483
2024 $1,642 $22,332 $7,197 $15,135
2022 $1,642 $19,320 $6,226 $13,094
2021 $1,503 $17,687 $5,700 $11,987
2020 $1,442 $17,007 $5,481 $11,526
2019 $1,437 $17,007 $5,481 $11,526
2018 $1,431 $17,007 $5,481 $11,526
2017 $1,432 $17,007 $5,481 $11,526
2016 $1,154 $17,007 $5,481 $11,526
2015 $1,425 $17,007 $5,481 $11,526
2014 $1,380 $17,007 $5,481 $11,526
2013 -- $17,007 $5,481 $11,526
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    BNAR Conversion Agent

    BNAR Conversion Office

  • Vicente Adame

    Buyer's Agent in 2012

    Vicente Adame

    Coldwell Banker Real Estate Group

    (309) 261-9724

    4 in this area

    91 Total Sales

    Vicente Adame
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10209632

Midwest Real Estate Data (MRED)

APN: 21-04-255-020

Illinois Mclean County Bloomington 61701 Near East

406 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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