NOT LISTED FOR SALE

Estimated Value: $171,000 - $233,000

5 Beds
3 Baths
-- Sq Ft
6,839 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $150,000

Est. 33% increase in value since last sale

Current estimated payment $1,306/month

260 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 4-minute walk to Bloomington Parks & Recreation
  • Porch

About This Home

As of December 2023

Solid, fully rented 3-unit close to downtown Bloomington!! These units have tons of character and are easily rented. Great rent and separate utilities gives this building a ton of potential. The 2-car garage can be used by a tenant or used for storage by the owner. This property is being sold "As-IS".

Last Agent to Sell the Property

Sean Bozarth

RE/MAX Rising License #475135415 Listed on: 03/11/2023

RE/MAX Rising

Last Buyer's Agent

Noelle Burns

RE/MAX Rising License #475143118

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,857

Year Built

  • Built in 1900

Lot Details

  • 6,839

Home Design

  • Traditional Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

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
  • Lot Dimensions are 60x115

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,857

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Schools

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

Lot Info

  • Lot Dimensions: 60X115
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 2857
  • Tax Year: 2021

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s,Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2023
Closed on
Dec 6, 2023
Sold by
Barak Holdings Llc
Bought by
Doogan Family Trust
Seller's Agent
Sean Bozarth
RE/MAX Rising
Buyer's Agent
Noelle Burns
RE/MAX Rising
List Price
$189,000
Sold Price
$150,000
Premium/Discount to List
-$39,000
-20.63%
Views
1080
Current Estimated Value
$200,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,132
Avg. Annual Appreciation
15.34%
Original Mortgage
$120,000
Outstanding Balance
$82,455
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$117,677

Purchase Details

Closed on
Oct 7, 2009
Sold by
Wesley United Methodist Church Of Bloomi
Bought by
Sasil Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.15%
Source: Public Records
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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
Doogan Family Trust $150,000 None Listed On Document
Sasil Properties Llc $53,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doogan Family Trust $120,000
Previous Owner Sasil Properties Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $150,000 -9.1% --
11/27/2023 11/27/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $165,000 -7.8% --
05/18/2023 05/18/23 Price Changed $179,000 -5.3% --
03/11/2023 03/11/23 For Sale $189,000 -- --
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 $3,122 $42,462 $7,851 $34,611
2022 $3,122 $36,734 $6,792 $29,942
2021 $2,858 $33,628 $6,218 $27,410
2020 $2,741 $32,335 $5,979 $26,356
2019 $2,733 $32,335 $5,979 $26,356
2018 $2,721 $32,335 $5,979 $26,356
2017 $2,722 $32,335 $5,979 $26,356
2016 $2,718 $32,335 $5,979 $26,356
2015 $2,710 $32,335 $5,979 $26,356
2014 $2,624 $32,335 $5,979 $26,356
2013 -- $32,335 $5,979 $26,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11735515

Midwest Real Estate Data (MRED)

APN: 21-04-416-001