NOT LISTED FOR SALE

Estimated Value: $241,573 - $274,000

4 Beds
4 Baths
3,312 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $195,000 $59 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,812/month

4 Days on Market

Highlights

  • Landscaped Professionally
  • 3 Car Detached Garage
  • 4-minute walk to Bloomington Parks & Recreation
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of July 2021

Great location close to downtown Bloomington. 4 units with each having their own entry. Also included with this property is a 3 car garage with each stall is rented separately. Each unit has its own furnace and water heater. All windows on 2nd floor have been replaced. Both lower units have screened front porches.

Last Agent to Sell the Property

Melissa Dittbenner

BHHS Central Illinois, REALTORS License #475175689 Listed on: 05/27/2021

BHHS Central Illinois, REALTORS

Co-Listed By

John Albee

BHHS Central Illinois, REALTORS License #475071164

Last Buyer's Agent

Sean Bozarth

RE/MAX Rising License #475135415

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,984

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 35 x 60
  • Landscaped Professionally

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Sheridan Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • Dimmitts Grove Subdivision

Building Details

  • Gross Income $26,520
  • Net Operating Income $13,878

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,984

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Dimmitts Grove
  • Year Built: 1930
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Landscaped
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 7
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,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: N

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 35 X 60
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 23
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 13878
  • GrossIncome: 26520
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s,4 Flat

Tax Info

  • Tax Annual Amount: 4983.96
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 19, 2021
Sold by
Hughart Jennifer A and Hughart Verne E
Bought by
Farlow Elliot
Seller's Agent
Melissa Dittbenner
BHHS Central Illinois, REALTORS
Buyer's Agent
Sean Bozarth
RE/MAX Rising
List Price
$209,900
Sold Price
$195,000
Premium/Discount to List
-$14,900
-7.1%
Current Estimated Value
$258,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,893
Avg. Annual Appreciation
6.59%
Original Mortgage
$146,250
Outstanding Balance
$112,483
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$146,410

Purchase Details

Closed on
Dec 11, 2010
Sold by
Carbaidwala Mustaali
Bought by
Green Trail Rentals Llc

Purchase Details

Closed on
Jul 2, 2009
Sold by
Carbaidwala Mustaali
Bought by
Mcnamara Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
4.94%
Mortgage Type
VA
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 Buyer Sale Price Title Company
Farlow Elliot $196,333 None Available
Green Trail Rentals Llc -- None Available
Mcnamara Jason P $150,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farlow Elliot $146,250
Previous Owner Mcnamara Jason P $153,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $195,000 -7.1% $59 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $209,900 -- $63 / 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 $5,459 $67,171 $8,850 $58,321
2022 $5,459 $64,231 $6,840 $57,391
2021 $4,997 $58,800 $6,262 $52,538
2020 $4,984 $58,800 $6,262 $52,538
2019 $4,969 $58,800 $6,262 $52,538
2018 $4,713 $56,000 $5,964 $50,036
2017 $4,715 $56,000 $5,964 $50,036
2016 $3,410 $40,578 $5,964 $34,614
2015 $2,768 $39,032 $5,737 $33,295
2014 -- $39,032 $5,737 $33,295
2013 -- $39,032 $5,737 $33,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11103004

Midwest Real Estate Data (MRED)

APN: 21-04-416-002