Seller's Agent in 2021
Julie Duncan
BHHS Central Illinois, REALTORS
(309) 826-9845
1 in this area
189 Total Sales
412 N Lee St Unit 414 Bloomington, IL 61701
West Bloomington NeighborhoodEstimated Value: $147,000 - $172,430
6
Beds
3
Baths
--
Sq Ft
1910
Built
About This Home
As of November 2021GREAT INVESTMENT OPPORTUNITY!! You have the opportunity to buy both of these properties as one parcel. These buildings have to be sold together. 414 N Lee is a 2 story brick home on a corner lot with outdoor parking in the back of the home. The main level features a large living room with great windows. The kitchen is efficient and has a good functioning layout. There is a eating area off the kitchen. 1/2 bath on the main level! There are 2 bedrooms upstairs. The larger bedroom has a good size walk in closet. There is a full bathroom on the second floor. Full basement in the house makes for good storage. The duplex (412 and 412 1/2 N Lee) has nice updates! Both units feature 2 bedrooms and 1.5 bathrooms. The layout of these units is great! The main floor has a kitchen that opens to the main living room. Off the main living room is a deck area. There is also a basement in these units that house the mechanicals but can also be used for storage. The driveway next to the duplex (South side) belongs to this duplex..it is part of this parcel. Tenants use this driveway for parking and for getting to the back lot. Great opportunity!! DON'T MISS OUT!!
Last Agent to Sell the Property
BHHS Central Illinois, REALTORS License #475131032 Listed on: 10/07/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,313
Year Built
- Built in 1910
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- 2-Story Property
- Lot Dimensions are 100 x 78
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat, sewer
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $1,559
- Maintenance Expense $800
- Operating Expense $2,313
- Gross Income $27,600
- Net Operating Income $25,287
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2021
Closed on
Nov 30, 2021
Sold by
Witzig Duane A
Bought by
Doogan Jonathan R and Doogan Jennier A
Seller's Agent
Julie Duncan
BHHS Central Illinois, REALTORS
Buyer's Agent
Carrie Troll
CORE 3 Commercial Real Estate
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
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
$30,608
Avg. Annual Appreciation
5.88%
Original Mortgage
$97,500
Outstanding Balance
$91,045
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$70,019
Purchase Details
Closed on
Nov 5, 2013
Sold by
Mclean County
Bought by
Witzig Duane A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Doogan Jonathan R | $130,000 | Mclean County Title | |
| Witzig Duane A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Doogan Jonathan R | $97,500 | |
| Previous Owner | Heinrich Karen | $58,599 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2021 11/30/21 | Sold | $130,000 | -13.3% | -- |
| 10/24/2021 10/24/21 | Pending | -- | -- | -- |
| 10/08/2021 10/08/21 | For Sale | $150,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,535 | $38,584 | $13,978 | $24,606 |
| 2022 | $2,535 | $29,823 | $10,804 | $19,019 |
| 2021 | $2,320 | $27,300 | $9,890 | $17,410 |
| 2020 | $2,314 | $27,300 | $9,890 | $17,410 |
| 2019 | $2,307 | $27,300 | $9,890 | $17,410 |
| 2018 | $2,188 | $26,000 | $9,419 | $16,581 |
| 2017 | $1,647 | $19,561 | $9,419 | $10,142 |
| 2016 | $1,644 | $19,561 | $9,419 | $10,142 |
| 2015 | $1,577 | $18,816 | $9,060 | $9,756 |
| 2014 | $1,527 | $18,816 | $9,060 | $9,756 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Duncan
-
Carrie Troll
Buyer's Agent in 2021
Carrie Troll
CORE 3 Commercial Real Estate
(331) 452-6860
3 in this area
46 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11241589
APN: 21-04-161-015
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