NOT LISTED FOR SALE

503 W Oakland Ave Bloomington, IL 61701

West Bloomington Neighborhood

Estimated Value: $144,000 - $172,661

3 Beds
2 Baths
1,452 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $134,900 $93 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,032/month

1 Day on Market

About This Home

As of February 2022

Check out this trendy remodeled home with 3 bedrooms and 2 full baths. Buyers will love this modern kitchen! You'll find an enclosed front porch, newly refinished floors, built-ins, fresh paint, new carpeting, beautiful trendy lighting and pendants, open shelving in the kitchen, USB port outlet, exposed brick, ceiling beam, sliding glass barn door, stainless steel appliances, BRAND NEW dishwasher, exhaust hood & kitchen sink with a pull-out faucet. The 2nd full bath features popular tile flooring, a brand new tub, toilet, double vanity and an adjustable back lit mirror. The main floor bedroom has an attached bath. The laundry room is also on the first floor. Two additional large bedrooms are located on the second floor with walk-in-closets. Newer roof, AC, 97% efficient furnace & water heater are less than 5 years old. All new vinyls windows were installed in 2006. The one-car garage has access from the alley, plus there's a gravel driveway for 2 cars, next to the house. Conveniently located close to downtown for easy access to restaurants & businesses. The large refinished dining room table remains too!

Last Agent to Sell the Property

Jean Steichen

BHHS Central Illinois, REALTORS License #475119448 Listed on: 12/22/2021

BHHS Central Illinois, REALTORS

Last Buyer's Agent

Rhendy Bradshaw

RE/MAX Rising License #475184719

RE/MAX Rising

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,112

Year Built

  • 1905

Lot Details

  • 5,532

Parking

  • Detached Garage
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Unfinished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,112

Year Built

1905

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Traditional
  • Directions: West on Oakland from Main St.
  • Lot Size: 50X112
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Not Applicable
  • Special Features: None
  • Year Built: 1905

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood, Gas Oven
  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 1452
  • Assessed Sq Ft: 1152
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1452
  • Basement Sq Ft: 699
  • Square Footage Comments: 1A= 871, 2A=581, BASEMENT= 699
  • Total Sq Ft: 2151
  • Unfinished Basement Sq Ft: 699
  • Upper Level Sq Ft: 581
  • Main Level Sq Ft: 871
  • Lower Level Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, Walk-In Closet(s), Ceiling - 9 Foot, Open Floorplan, Some Carpeting, Some Wood Floors, Drapes/Blinds, Separate Dining Room
  • Dining Room Type: Enclosed Porch

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Aluminum Siding
  • Lot Features: Stream(s)
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Driveway
  • Number of Cars: 3
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 1
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Irving Elementary
  • High School: Bloomington High School
  • Junior High Dist: 87
  • Middle Or Junior School: Bloomington Jr High School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 1180.14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Feb 18, 2022
Sold by
Dotson Estate Llc
Bought by
Bearden Ethan J and Nevers Nicole L
Seller's Agent
Jean Steichen
BHHS Central Illinois, REALTORS
Buyer's Agent
Rhendy Bradshaw
RE/MAX Rising
List Price
$134,900
Sold Price
$134,900
Current Estimated Value
$160,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,765
Avg. Annual Appreciation
5.00%
Original Mortgage
$121,410
Outstanding Balance
$113,138
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$47,527

Purchase Details

Listed on
Jan 16, 2021
Closed on
Apr 5, 2021
Sold by
Ttlreo 2 Llc
Bought by
Dotson Bernard and Dotson Rearn M
Seller's Agent
Caroline Bird
Coldwell Banker Real Estate Group
Buyer's Agent
Jean Steichen
BHHS Central Illinois, REALTORS
List Price
$27,500
Sold Price
$27,600
Premium/Discount to List
$100
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
519.54%
Original Mortgage
$24,200
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 28, 2019
Sold by
County Of Mclean
Bought by
Ttlreo 2 Llc
Source: Public Records

Range of Values:

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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
Bearden Ethan J $135,000 None Listed On Document
Dotson Estate Llc -- Alliance Land Title
Dotson Bernard $28,000 Mclean County Title
Ttlreo 2 Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nevers Nicole L $5,000
Open Dotson Estate Llc $121,410
Closed Bearden Ethan J $121,410
Previous Owner Dotson Bernard $24,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $134,900 0.0% $93 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/22/2021 12/22/21 For Sale $134,900 +388.8% $93 / Sq Ft
04/08/2021 04/08/21 Sold $27,600 0.0% $24 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/11/2021 02/11/21 Off Market $27,600 -- --
01/16/2021 01/16/21 For Sale $27,500 -- $24 / 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 $2,112 $30,660 $5,871 $24,789
2023 $2,112 $27,989 $5,359 $22,630
2022 $2,112 $24,851 $4,758 $20,093
2021 $1,022 $12,023 $4,356 $7,667
2020 $1,180 $19,923 $4,356 $15,567
2019 $1,177 $19,923 $4,356 $15,567
2018 $1,172 $19,923 $4,356 $15,567
2017 $1,139 $19,533 $4,271 $15,262
2016 $1,137 $19,533 $4,271 $15,262
2015 $1,147 $19,689 $4,305 $15,384
2014 $1,162 $20,323 $4,305 $16,018
2013 -- $19,355 $4,100 $15,255
Source: Public Records

Agents Affiliated with this Home

  • Jean Steichen

    Seller's Agent in 2022

    Jean Steichen

    BHHS Central Illinois, REALTORS

    (309) 824-1461

    3 in this area

    41 Total Sales

    Jean Steichen
    Section Image
  • Rhendy Bradshaw

    Buyer's Agent in 2022

    Rhendy Bradshaw

    RE/MAX

    (309) 533-9815

    1 in this area

    133 Total Sales

    Rhendy Bradshaw
    Section Image
  • Caroline Bird

    Seller's Agent in 2021

    Caroline Bird

    Coldwell Banker Real Estate Group

    (309) 261-0999

    9 in this area

    200 Total Sales

    Caroline Bird
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11292836

Midwest Real Estate Data (MRED)

APN: 21-04-366-022

Illinois Mclean County Bloomington 61701 West Bloomington

503 W Oakland Ave, Bloomington, IL

This home is located at 503 W Oakland Ave, Bloomington, IL 61701 since 22 December 2021 and is currently estimated at $160,665, approximately $110 per square foot. This property was built in 1905. 503 W Oakland Ave is a home located in McLean County with nearby schools including Irving Elementary School, Bloomington Junior High School, and Bloomington High School.

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