NOT LISTED FOR SALE

412 E Chestnut St Bloomington, IL 61701

Estimated Value: $181,000 - $197,509

5 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold October 29, 2021

Last sale price $149,900

Est. 27% increase in value since last sale

Current estimated payment $1,297/month

Highlights

  • Deck
  • Traditional Architecture
  • 1 Car Detached Garage
  • Property is near a park
  • Corner Lot
  • 2-minute walk to Franklin Park

About This Home

As of October 2021

Great investment property in desirable historic location near Franklin Park. Corner lot, covered porches, handicap accessible for one unit with entry ramp. Replacement windows. High ceilings and spacious with original hardwood flooring throughout. Ideal for living in one unit with rent paid from 2nd unit. Seller preference is to close in January 2022.

Last Agent to Sell the Property

Dan Weber

Coldwell Banker Real Estate Group License #475195319 Listed on: 09/16/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Shannon Smith

RE/MAX Rising License #475164232

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,899

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 98x55
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Converted Dwelling
  • Brick Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Bent Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Additional Features

  • Deck
  • Property is near a park
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units
  • Franklin Park Subdivision

Building Details

  • Gross Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,899

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Franklin Park
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • 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: 5
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Brick/Mortar
  • List Price: 149900
  • Lot Features: Corner Lot
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park
  • Conversion YN: Y

Schools

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 98X55
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 16200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Converted Residence

Tax Info

  • Tax Annual Amount: 2898.92
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 23, 2021
Sold by
Vericella Joe M and Vericella Carol C
Bought by
Smith Eleanor
Seller's Agent
Dan Weber
Coldwell Banker Real Estate Group
Buyer's Agent
Shannon Smith
RE/MAX Rising
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$190,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,977
Avg. Annual Appreciation
6.17%
Original Mortgage
$112,425
Outstanding Balance
$104,949
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$84,071

Purchase Details

Closed on
Jun 29, 2006
Sold by
Adams Lisa
Bought by
Vericella Joe M and Vericella Carol C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Eleanor $150,000 Alliance Land Title
Vericella Joe M $123,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Eleanor $112,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $149,900 0.0% --
09/17/2021 09/17/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $149,900 -- --
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 $3,175 $43,184 $8,273 $34,911
2022 $3,175 $37,360 $7,158 $30,202
2021 $2,907 $34,201 $6,553 $27,648
2020 $2,899 $34,201 $6,553 $27,648
2019 $2,890 $34,201 $6,553 $27,648
2018 $2,878 $34,201 $6,553 $27,648
2017 $2,879 $34,201 $6,553 $27,648
2016 $2,874 $34,201 $6,553 $27,648
2015 $2,866 $34,201 $6,553 $27,648
2014 $2,775 $34,201 $6,553 $27,648
2013 -- $34,201 $6,553 $27,648
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11221790

Midwest Real Estate Data (MRED)

APN: 21-04-207-013