NOT LISTED FOR SALE

503 E Front St Bloomington, IL 61701

Near East Neighborhood

Estimated Value: $254,505 - $296,000

4 Beds
4 Baths
3,312 Sq Ft
$85/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2021

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

Est. 35% increase in value since last sale

Current estimated payment $1,911 / mo

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

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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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

6,534 Sq Ft Lot

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

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
May 27, 2021
Closed on
Jul 19, 2021
Sold by
Hughart Jennifer A and Hughart Verne E
Bought by
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
$264,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,147
Avg. Annual Appreciation
7.34%
Original Mortgage
$146,250
Outstanding Balance
$105,905
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$174,721

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Near East, IL

  • Becky Gerig Real Estate Agent - RE/MAX Choice

    Becky Gerig

    Responds Quickly

    RE/MAX Choice

    (309) 503-0970

    293 Total Sales

    10 in Near East

    $19K - $300K Price Range

    Becky Gerig
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  • Monica Washington Real Estate Agent - Coldwell Banker Real Estate Group

    Monica Washington

    Responds Quickly

    Coldwell Banker Real Estate Group

    (309) 485-5652

    87 Total Sales

    3 in Near East

    $85K - $185K Price Range

    Monica Washington
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  • Jake Patterson Real Estate Agent - Realty Select One

    Jake Patterson

    Realty Select One

    (217) 858-3002

    136 Total Sales

    1 in Near East

    $55,000 Price

    Jake Patterson
     Section Image
  • Lindsay Prewitt Real Estate Agent - eXp Realty

    Lindsay Prewitt

    eXp Realty

    (309) 490-8455

    218 Total Sales

    7 in Near East

    $80K - $155K Price Range

    Lindsay Prewitt
     Section Image
  • Greta Janis Real Estate Agent - eXp Realty

    Greta Janis

    eXp Realty

    (308) 824-8402

    34 Total Sales

    1 in Near East

    $242,500 Price

    Greta Janis
     Section Image
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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
$196,333 None Available
Green Trail Rentals Llc -- None Available
Mcnamara Jason P $150,000 Mclean County Title
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 $146,250
Previous Owner Hughart Verne E $120,000
Previous Owner Mcnamara Jason P $153,600
Previous Owner Carbaidwala Mustaali I $100,450
Previous Owner Green Trail Rentals Llc $792,000
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
07/19/2021 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

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 $5,446 $73,154 $9,638 $63,516
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

  • Melissa Dittbenner Real Estate Agent - BHHS Central Illinois, REALTORS

    Seller's Agent in 2021

    Melissa Dittbenner

    BHHS Central Illinois, REALTORS

    (309) 275-5670

    3 in this area

    67 Total Sales

    Melissa Dittbenner
    Section Image
  • John Albee Real Estate Agent - BHHS Central Illinois, REALTORS

    Seller Co-Listing Agent in 2021

    John Albee

    BHHS Central Illinois, REALTORS

    (309) 664-1880

    1 in this area

    53 Total Sales

    John Albee
    Section Image
  • Sean Bozarth Real Estate Agent - RE/MAX

    Buyer's Agent in 2021

    Sean Bozarth

    RE/MAX

    (309) 261-1302

    7 in this area

    79 Total Sales

    Sean Bozarth
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11103004

Midwest Real Estate Data (MRED)

APN: 21-04-416-002

Illinois Mclean County Bloomington 61701 Near East

503 E Front St, Bloomington, IL

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.

Midwest Real Estate Data (MRED) 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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