Ryan Esposito
RE/MAX Rising
(309) 485-5470
79 Total Sales
2 in Near East
$72K - $145K Price Range
407 E Olive St Bloomington, IL 61701
Near East NeighborhoodEstimated Value: $257,000 - $265,000
4
Beds
4
Baths
--
Sq Ft
6,360
Sq Ft Lot
Highlights
- Traditional Architecture
- Heating System Uses Natural Gas
- 5-minute walk to Bloomington Parks & Recreation
About This Home
As of July 2024Three-unit building located fairly close to downtown Bloomington. Great opportunity to live in one unit and rent out the remaining two units. Units consist of a 3 bedroom/2 bathroom unit, a 1 bedroom unit, and a studio apartment. Paved parking at the rear of the building and all units have a door leading to the parking area. The property is fully occupied. Photos provided were taken before tenants were in place. Tenants pay all utilities. Larger unit has central air. New HVACs and water heaters and new roof all in 2022. Property is being sold as-is where-is. All information is believed to be accurate but not guaranteed. Check out 502 E Locust and 707 W Jefferson as well!
Last Agent to Sell the Property
Vesta Real Estate LLC License #471020484 Listed on: 04/17/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,202
Year Built
- Built in 1920 | Remodeled in 2022
Lot Details
- 6,360
Home Design
- Traditional Architecture
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Off Alley Parking
Schools
- Sheridan Elementary School
- Bloomington Jr High Middle School
- Bloomington High School
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 55 x 115
- Heating System Uses Natural Gas
Community Details
- 3 Units
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
Apr 17, 2024
Closed on
Aug 6, 2024
Sold by
Saeed Property Llc
Bought by
Seller's Agent
Marti Ryan
Vesta Real Estate LLC
Buyer's Agent
Sara Quah
Keller Williams Revolution
List Price
$285,000
Sold Price
$225,000
Premium/Discount to List
-$60,000
-21.05%
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,998
Avg. Annual Appreciation
7.35%
Original Mortgage
$202,500
Outstanding Balance
$198,709
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$62,412
Purchase Details
Closed on
Feb 6, 2023
Sold by
Saadat Saeed
Bought by
Saeed Property Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
7.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 15, 2021
Closed on
May 20, 2022
Sold by
Pelhank Wayne A
Bought by
Saadat Saeed
Seller's Agent
Ed Larsen
Coldwell Banker Real Estate Group
Buyer's Agent
Marti Ryan
Vesta Real Estate LLC
List Price
$53,000
Sold Price
$43,000
Premium/Discount to List
-$10,000
-18.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.12%
Purchase Details
Closed on
May 1, 2010
Sold by
Duran Ownership Group Llc
Bought by
Pelhank Wayne
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Near East, IL
-
Ryan Esposito
-
Karen Wilson
Karen Wilson
Coldwell Banker Real Estate Group
(309) 485-5516
217 Total Sales
7 in Near East
$118K - $330K Price Range
-
Greg Zavitz
Greg Zavitz
Responds QuicklyColdwell Banker Real Estate Group
(309) 485-5869
169 Total Sales
7 in Near East
$40K - $225K Price Range
-
Becky Gerig
Becky Gerig
Responds QuicklyRE/MAX Choice
(309) 503-0970
293 Total Sales
10 in Near East
$19K - $300K Price Range
-
Monica Washington
Monica Washington
Responds QuicklyColdwell Banker Real Estate Group
(309) 485-5652
87 Total Sales
3 in Near East
$85K - $185K Price Range
-
Jake Patterson
Jake Patterson
Realty Select One
(217) 858-3002
136 Total Sales
1 in Near East
$55,000 Price
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 |
|---|---|---|---|
| $225,000 | Mclean County Title | ||
| Saeed Property Llc | -- | -- | |
| Saadat Saeed | -- | Mclean County Title | |
| Pelhank Wayne | -- | 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 | $202,500 | ||
| Previous Owner | Saeed Property Llc | $182,250 | |
| Previous Owner | Saadat Saeed | $120,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $225,000 | -2.1% | -- | |
| 07/07/2024 07/07/24 | Pending | -- | -- | -- | |
| 07/01/2024 07/01/24 | Price Changed | $229,900 | -6.2% | -- | |
| 06/24/2024 06/24/24 | Price Changed | $245,000 | -3.9% | -- | |
| 06/15/2024 06/15/24 | Price Changed | $255,000 | -5.6% | -- | |
| 05/16/2024 05/16/24 | Price Changed | $270,000 | -1.8% | -- | |
| 04/30/2024 04/30/24 | Price Changed | $275,000 | -3.5% | -- | |
| 04/17/2024 04/17/24 | For Sale | $285,000 | +562.8% | -- | |
| 05/20/2022 05/20/22 | Sold | $43,000 | -18.9% | -- | View Prior Sale |
| 02/18/2022 02/18/22 | Pending | -- | -- | -- | |
| 12/15/2021 12/15/21 | For Sale | $53,000 | -- | -- |
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 | $2,428 | $81,681 | $10,657 | $71,024 |
| 2024 | $2,202 | $29,945 | $9,785 | $20,160 |
| 2022 | $2,202 | $25,905 | $8,465 | $17,440 |
| 2021 | $2,015 | $23,714 | $7,749 | $15,965 |
| 2020 | $1,933 | $22,802 | $7,451 | $15,351 |
| 2019 | $1,927 | $22,802 | $7,451 | $15,351 |
| 2018 | $1,919 | $22,802 | $7,451 | $15,351 |
| 2017 | $1,920 | $22,802 | $7,451 | $15,351 |
| 2016 | $1,916 | $22,802 | $7,451 | $15,351 |
| 2015 | $1,911 | $22,802 | $7,451 | $15,351 |
| 2014 | $1,850 | $22,802 | $7,451 | $15,351 |
| 2013 | -- | $22,355 | $7,305 | $15,050 |
Source: Public Records
Agents Affiliated with this Home
-
Marti Ryan
Seller's Agent in 2024
Marti Ryan
Vesta Real Estate LLC
(309) 287-2053
5 in this area
79 Total Sales
-
Sara Quah
SQ
Buyer's Agent in 2024
Sara Quah
Keller Williams Revolution
(309) 531-9143
1 in this area
33 Total Sales
-
Ed Larsen
Seller's Agent in 2022
Ed Larsen
Coldwell Banker Real Estate Group
(309) 275-3545
6 in this area
86 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12030812
APN: 21-04-456-004
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.
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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