NOT LISTED FOR SALE

502 E Chestnut St Bloomington, IL 61701

Estimated Value: $169,000 - $220,304

5 Beds
2 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold November 10, 2021

Last sale price $115,000

Est. 72% increase in value since last sale

Current estimated payment $1,387/month

57 Days on Market

Highlights

  • Traditional Architecture
  • Sitting Room
  • Entrance Foyer
  • Sun or Florida Room
  • Screened Porch
  • 4-minute walk to Franklin Park

About This Home

As of November 2021

Spacious duplex with lots of character! High ceilings throughout and large rooms waiting for your personal touch. Enjoy the evening nights on the screened-in front porch or from a higher elevation in the second-story sunroom! Brand new carpet in the upper unit! Perfect for someone looking to house hack by living in one unit and renting the other unit out! Shared driveway with the neighbor on the east side. Make this baby yours! Property sold As-Is. Inspections for informational purposes only.

Last Agent to Sell the Property

Patti Griswold

Vesta Real Estate LLC License #475192435 Listed on: 09/12/2021

Co-Listed By

Marti Ryan

Vesta Real Estate LLC License #471020484

Last Buyer's Agent

Patti Griswold

Vesta Real Estate LLC License #475192435 Listed on: 09/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,873

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 55 x 165

Home Design

  • Traditional Architecture
  • Converted Dwelling
  • Brick Foundation
  • Shake Roof
  • Asphalt Roof

Interior Spaces

  • Entrance Foyer
  • Sitting Room
  • Sun or Florida Room
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,536
  • Water Sewer Expense $1,236

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,873

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
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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
  • Room Type: Enclosed Porch, Foyer, Screened Porch, Sitting Room, Sun Room
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Window Air Conditioner,Fireplace-Wood,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Window Air Conditioner,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Porch, Porch Screened
  • Foundation Details: Brick/Mortar
  • List Price: 109900
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Shakes

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1236

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: 0.21
  • Lot Dimensions: 55 X 165
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Multi Family

  • Fuel Expense: 1536
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Tax Info

  • Tax Annual Amount: 2872.98
  • Tax Year: 2020
  • Tax Exemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Nov 10, 2021
Sold by
Wilsey Douglas E
Bought by
Fehr Ryan
Seller's Agent
Patti Griswold
Vesta Real Estate LLC
Buyer's Agent
Patti Griswold
Vesta Real Estate LLC
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Total Days on Market
57
Current Estimated Value
$198,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,326
Avg. Annual Appreciation
18.84%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Fehr Ryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fehr Ryan $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $115,000 -11.5% --
09/13/2021 09/13/21 For Sale $129,900 -- --
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 $3,704 $50,375 $8,040 $42,335
2022 $3,704 $43,580 $6,955 $36,625
2021 $3,391 $39,895 $6,367 $33,528
2020 $2,873 $39,895 $6,367 $33,528
2019 $2,865 $39,895 $6,367 $33,528
2018 $2,853 $39,895 $6,367 $33,528
2017 $2,854 $39,895 $6,367 $33,528
2016 $2,849 $39,895 $6,367 $33,528
2015 $2,841 $39,895 $6,367 $33,528
2014 $2,750 $39,895 $6,367 $33,528
2013 -- $39,895 $6,367 $33,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11216905

Midwest Real Estate Data (MRED)

APN: 21-04-229-017