RENTED MAY 9, 2025

501 E Emerson St Bloomington, IL 61701

Estimated Value: $236,000 - $253,000

3 Beds
2 Baths
2,825 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $210,000 $74 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,591/month

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Historic or Period Millwork
  • Corner Lot
  • 2 Car Detached Garage
  • Walk-In Closet

About This Home

As of May 2025

Rare find RENTAL in prime location! Extremely well cared for ALL BRICK 2-story on a lovely corner lot near Illinois Wesleyan, Illinois State University and White's Place. 3 bedrooms, 2 full baths and an oversized 2 car garage. Enclosed front porch entrance with wood ceiling leading into the family room that has a fireplace with brick surround flanked by built-in window seats. French doors lead to a cheerful sunroom flooded by natural light from an abundance of windows. The family room also opens to the large dining room. The 2nd floor has 3 bedrooms, remodeled bathroom and 2 large built in cedar lined closets in the hallway. The basement has a laundry room with washer & dryer included and plenty of storage. Private fenced backyard and front yard. The character and charm in this home comes through in details such as the refinished hardwood flooring, gorgeous trim, brass vents and returns. Tenant is responsible to mow grass and all utilities. Pets allowed. A perfect place to rent!

Last Agent to Rent the Property

Serena Herr

Coldwell Banker Real Estate Group License #475156094 Listed on: 01/31/2025

Coldwell Banker Real Estate Group

Last Renter's Agent

Serena Herr

Coldwell Banker Real Estate Group License #475156094 Listed on: 01/31/2025

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 108 x 50
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,825 Sq Ft Home
  • 2-Story Property
  • Historic or Period Millwork
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Basement Storage

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Xr Properties Association, Phone Number (779) 240-7155

Listing and Financial Details

  • Property Available on 1/31/25

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-01-31
  • Board Number: 23
  • Pets Allowed (Y/N): No
  • Rental Price: 2600
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 2 Stories
  • Property Attached: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Not Applicable
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Unfinished, Storage Space, Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Historic/Period Mlwk
  • LivingArea: 2825
  • Room Type: Walk In Closet
  • Estimated Total Finished Sq Ft: 1835
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 2825
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • OtherStructures: None
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Rent Includes: None
  • Management Contact Name: XR Properties
  • Management Phone: 779-240-7155

Schools

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

Lot Info

  • Lot Dimensions: 108 X 50
  • Rural (Y/N): N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 5, 2022
Sold by
Prendergast Kevin K
Bought by
Xr Properties Llc
Seller's Agent
Amanda Wycoff
BHHS Central Illinois, REALTORS
Buyer's Agent
Serena Herr
Coldwell Banker Real Estate Group
List Price
$200,000
Sold Price
$210,000
Premium/Discount to List
$10,000
5%
Current Estimated Value
$245,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,480
Avg. Annual Appreciation
4.59%
Original Mortgage
$357,000
Outstanding Balance
$201,808
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving
Estimated Equity
$43,672
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Xr Properties Llc $210,000 Dunn David S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xr Properties Llc $357,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2025 05/09/25 Rented $2,600 0.0% --
01/31/2025 01/31/25 For Rent $2,600 0.0% --
08/05/2022 08/05/22 Sold $210,000 +5.0% $74 / Sq Ft View Prior Sale
06/26/2022 06/26/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $200,000 -- $71 / Sq Ft
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 $3,797 $68,158 $6,226 $61,932
2022 $3,797 $55,678 $5,087 $50,591
2021 $3,678 $54,283 $4,960 $49,323
2020 $3,669 $54,283 $4,960 $49,323
2019 $4,080 $54,283 $4,960 $49,323
2018 $4,001 $53,534 $4,892 $48,642
2017 $4,066 $54,294 $4,961 $49,333
2016 $4,195 $55,915 $5,109 $50,806
2015 $4,121 $55,175 $5,041 $50,134
2014 $3,838 $53,298 $5,041 $48,257
2013 -- $51,745 $4,894 $46,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12280763

Midwest Real Estate Data (MRED)

APN: 14-33-476-001