NOT LISTED FOR SALE

502 S Mercer Ave Bloomington, IL 61701

Estimated Value: $302,000 - $343,000

3 Beds
3 Baths
2,251 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $225,000 $100 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,183/month

154 Days on Market

Highlights

  • Mature Trees
  • Recreation Room
  • Whirlpool Bathtub
  • Living Room with Fireplace
  • Ranch Style House
  • Corner Lot

About This Home

As of July 2020

Fantastic home on a corner lot in desirable Eastgate Subdivision. Oversized 2 car garage faces Jackson St. New, semi private, oversized patio in back features a stone fire pit. Enjoy your morning coffee or watch the stars at night. There is also a walk up/out from basement to the patio. There is a porch like room with tongue & groove wood ceiling as you enter the home from the garage area. Then on into a sunlit bonus room, which opens into either the large kitchen or the living room or the hall to the bath. The wonderful kitchen has lots of cabinets and counter space plus a prep island. Beautiful wood laminate floors in living room and hallway. Tile in the dinning room and bonus room. 2200+ sq ft on main plus finished lower level. Large rooms thru out. Lots of storage.

Last Agent to Sell the Property

Greg Zavitz

Coldwell Banker Real Estate Group License #475137752 Listed on: 01/12/2020

Coldwell Banker Real Estate Group

Co-Listed By

Stephen Forrest

Coldwell Banker Real Estate Group License #475131464

Last Buyer's Agent

Brett Stevens

RE/MAX Rising License #475173418

RE/MAX Rising

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,538

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 107 x 120
  • Corner Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,251 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Laminate Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Schools

  • Oakland Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Eastgate Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,538

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Eastgate
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 2251
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 2251
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Den, Other Room, Bonus Room, Family Room, Recreation Room
  • Estimated Total Finished Sq Ft: 4502
  • Assessed Sq Ft: 2251
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2251
  • Basement Sq Ft: 2251
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 4502
  • Main Level Sq Ft: 2251

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Block
  • List Price: 234900
  • Lot Features: Corner Lot, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oakland Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School
  • Middle/Junior School District: 87

Lot Info

  • Lot Dimensions: 107 X 120
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4537.78
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2020
Closed on
Jul 27, 2020
Sold by
Nicholas Mark A and Bouceman Nicholas Kathleen
Bought by
Boznos Courtney Dru and Boznos Constance Maria
Seller's Agent
Greg Zavitz
Coldwell Banker Real Estate Group
Buyer's Agent
Brett Stevens
RE/MAX Rising
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%
Current Estimated Value
$319,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,490
Avg. Annual Appreciation
5.92%
Original Mortgage
$172,275
Outstanding Balance
$153,848
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$146,620

Purchase Details

Closed on
Sep 25, 2013
Sold by
Burkhart Rebecca R
Bought by
Nicholas Mark A and Boudeman Nicholas Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4.56%

Purchase Details

Closed on
Dec 10, 2010
Sold by
Burkhart Brian Joseph
Bought by
Burkhart Rebecca R
Source: Public Records

Range of Values:

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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
Boznos Courtney Dru $225,000 Mclean County Title
Nicholas Mark A $233,000 Mclean County Title
Burkhart Rebecca R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boznos Constance $40,000
Open Boznos Courtney Dru $172,275
Previous Owner Nicholas Mark A $133,000
Previous Owner Stewart Joni N $133,700
Previous Owner Burkhart Rebecca R $153,000
Previous Owner Burkhart Rebecca R $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $225,000 -4.2% $100 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $234,900 +4.4% $104 / Sq Ft
04/30/2020 04/30/20 Off Market $225,000 -- --
03/16/2020 03/16/20 Price Changed $234,900 -1.7% $104 / Sq Ft
01/11/2020 01/11/20 For Sale $239,000 -- $106 / 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 $5,209 $82,871 $17,576 $65,295
2022 $5,209 $67,292 $14,272 $53,020
2021 $4,914 $63,819 $13,535 $50,284
2020 $4,658 $60,954 $12,927 $48,027
2019 $4,557 $59,917 $12,707 $47,210
2018 $4,538 $59,917 $12,707 $47,210
2017 $4,484 $59,265 $12,569 $46,696
2016 $4,285 $56,986 $12,086 $44,900
2015 $4,281 $57,089 $12,108 $44,981
2014 $4,092 $56,424 $12,108 $44,316
2013 -- $57,575 $12,355 $45,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10608402

Midwest Real Estate Data (MRED)

APN: 21-02-356-001