$245,000
SOLD JUL 9, 2025

501 E Grove St Bloomington, IL 61701

Near East Neighborhood
7 Beds
-- Bath
3,900 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • 4 Car Detached Garage
  • Level Lot
  • 4-minute walk to Bloomington Parks & Recreation
  • Asbestos
  • Heating System Uses Natural Gas

About This Home

As of July 2025

Investment opportunity 4-unit apartment

Last Agent to Sell the Property

Jared Litwiller

Freedom Realty Brokerage Email: jared@jaredsells.com License #475155972 Listed on: 06/07/2025

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1904

Lot Details

  • Lot Dimensions are 60x142
  • Level Lot

Parking

  • 4 Car Detached Garage

Home Design

  • 3,900 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Asbestos

Schools

  • Bloomington High School

Additional Features

  • 7 Bedrooms
  • Heating System Uses Natural Gas
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2104419001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,532

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1904
  • New Construction: No
  • Structure Type: Two or More Story
  • Attribution Contact: jared@jaredsells.com
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Total Bedrooms: 7

Exterior Features

  • Lot Features: Level
  • Construction Type: Asbestos
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Detached
  • Total Parking Spaces: 4

Utilities

  • Heating: Electric, Natural Gas
  • Water Source: Public Sewer, Public
  • GasExpense: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Bloomington

Lot Info

  • Zoning: Res
  • Lot Size: 60x142
  • Parcel #: 2104419001

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3532
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2025
Closed on
Jul 8, 2025
Sold by
Bloom Ventures Llc
Bought by
Sayeed Yousuf
Seller's Agent
Jared Litwiller
Freedom Realty
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
14
Current Estimated Value
$253,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,074
Avg. Annual Appreciation
6.19%
Original Mortgage
$196,000
Outstanding Balance
$194,705
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$58,369

Purchase Details

Listed on
Feb 1, 2024
Closed on
Feb 29, 2024
Sold by
Patterson Cory and Patterson Katherine
Bought by
Bloom Ventures Llc
Seller's Agent
Joy Szmaj
Coldwell Banker Real Estate Group
Buyer's Agent
Shweta Sawant
BHHS Central Illinois, REALTORS
List Price
$199,900
Sold Price
$199,900
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.40%

Purchase Details

Listed on
Nov 9, 2018
Closed on
Dec 14, 2018
Sold by
Farlee W Scott
Bought by
Patterson Cory and Patterson Katherine
Seller's Agent
Lana Miller
RE/MAX Choice
Buyer's Agent
Joy Szmaj
Coldwell Banker Real Estate Group
List Price
$105,000
Sold Price
$102,000
Premium/Discount to List
-$3,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
Original Mortgage
$81,600
Interest Rate
4.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $245,000 Mclean County Title
Warranty Deed $200,000 None Listed On Document
Warranty Deed $102,000 Frontier Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 New Conventional
Previous Owner $81,600 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2025 07/09/25 Sold $245,000 -2.0% $63 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
06/07/2025 06/07/25 For Sale $250,000 +25.1% $64 / Sq Ft
03/06/2024 03/06/24 Sold $199,900 0.0% -- View Prior Sale
02/03/2024 02/03/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $199,900 +96.0% --
01/14/2019 01/14/19 Sold $102,000 -2.9% -- View Prior Sale
11/17/2018 11/17/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $105,000 -- --
Source: RMLS Alliance

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 $3,203 $43,560 $8,482 $35,078
2022 $3,203 $37,684 $7,338 $30,346
2021 $2,932 $34,497 $6,717 $27,780
2020 $2,812 $33,171 $6,459 $26,712
2019 $2,803 $33,171 $6,459 $26,712
2018 $2,792 $33,171 $6,459 $26,712
2017 $2,793 $33,171 $6,459 $26,712
2016 $2,788 $33,171 $6,459 $26,712
2015 $2,780 $33,171 $6,459 $26,712
2014 $2,692 $33,171 $6,459 $26,712
2013 -- $33,171 $6,459 $26,712
Source: Public Records

Agents Affiliated with this Home

  • Jared Litwiller

    Seller's Agent in 2025

    Jared Litwiller

    Freedom Realty

    (309) 840-5983

    10 in this area

    804 Total Sales

    Jared Litwiller
    Section Image

  • N

    Buyer's Agent in 2025

    Non-Member Agent RMLSA

    Non-MLS

  • Joy Szmaj

    Seller's Agent in 2024

    Joy Szmaj

    Coldwell Banker Real Estate Group

    (309) 242-7253

    1 in this area

    18 Total Sales

    Joy Szmaj
    Section Image
  • Shweta Sawant

    Buyer's Agent in 2024

    Shweta Sawant

    BHHS Central Illinois, REALTORS

    (309) 750-7966

    1 in this area

    71 Total Sales

    Shweta Sawant
    Section Image
  • Lana Miller

    Seller's Agent in 2019

    Lana Miller

    RE/MAX

    (309) 750-1452

    38 Total Sales

    Lana Miller
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1258663

RMLS Alliance

APN: 21-04-419-001

Illinois Mclean County Bloomington 61701 Near East

501 E Grove St, Bloomington, IL

Sold

MultiFamily

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