Becky Gerig
Responds Quickly
RE/MAX Choice
(309) 503-0970
290 Total Sales
3 in Founders Grove
$175K - $305K Price Range
502 S Mercer Ave Bloomington, IL 61701
Founders Grove NeighborhoodEstimated Value: $286,311 - $356,000
3
Beds
3
Baths
2,251
Sq Ft
$143/Sq Ft
Est. Value
Highlights
- Mature Trees
- Recreation Room
- Whirlpool Bathtub
- Living Room with Fireplace
- Ranch Style House
- Corner Lot
About This Home
As of July 2020Fantastic 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
Coldwell Banker Real Estate Group License #475137752 Listed on: 01/12/2020
Co-Listed By
Stephen Forrest
Coldwell Banker Real Estate Group License #475131464
Last Buyer's Agent
Brett Stevens
RE/MAX Rising License #475173418
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2020
Closed on
Jul 27, 2020
Sold by
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,078
Avg. Annual Appreciation
6.09%
Original Mortgage
$172,275
Outstanding Balance
$152,131
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$169,947
Purchase Details
Closed on
Sep 25, 2013
Sold by
Bought by
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
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Founders Grove, IL
-
Becky Gerig
-
Sreenivas Poondru
Sreenivas Poondru
Brilliant Real Estate
(279) 777-9708
148 Total Sales
1 in Founders Grove
$137,000 Price
-
Monica Washington
Monica Washington
Responds QuicklyColdwell Banker Real Estate Group
(309) 485-5652
89 Total Sales
1 in Founders Grove
$270,000 Price
-
Lindsay Prewitt
Lindsay Prewitt
eXp Realty
(309) 490-8455
217 Total Sales
1 in Founders Grove
$379,900 Price
-
Magnolia Homes Selling Team
Magnolia Homes Selling Team
RE/MAX Rising
(309) 485-5313
121 Total Sales
2 in Founders Grove
$150K - $190K Price Range
-
Neal Fridrich
Neal Fridrich
Responds QuicklyRE/MAX Rising
(815) 686-1446
60 Total Sales
2 in Founders Grove
$160K - $278K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $225,000 | Mclean County Title | ||
| $233,000 | Mclean County Title | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $172,275 | ||
| Previous Owner | $133,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,233 | $88,853 | $18,844 | $70,009 |
| 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
-
Greg Zavitz
Seller's Agent in 2020
Greg Zavitz
Coldwell Banker Real Estate Group
(309) 275-4734
3 in this area
175 Total Sales
-
SF
Seller Co-Listing Agent in 2020
Stephen Forrest
Coldwell Banker Real Estate Group
-
BS
Buyer's Agent in 2020
Brett Stevens
RE/MAX
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10608402
APN: 21-02-356-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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