NOT LISTED FOR SALE

504 E Walnut St Bloomington, IL 61701

Estimated Value: $199,000 - $264,000

7 Beds
5 Baths
-- Sq Ft
0.26 Acres

Last Sold October 22, 2012

Last sale price $205,000

Est. 13% increase in value since last sale

Current estimated payment $1,602/month

Highlights

  • Mature Trees
  • Porch
  • Wood Siding
  • Deck
  • Forced Air Heating System
  • 4-minute walk to Franklin Park

About This Home

As of October 2012

Great 4 unit by desirable Franklin Park. Unique, easily rented units. New furnaces, central air, and water heaters, 2 story deck and exterior painting. Tons of updating to this property. Easy to maintain and great cash flow possibilities. Age estimated.

Last Agent to Sell the Property

Sean Bozarth

RE/MAX Rising License #475135415 Listed on: 07/30/2012

RE/MAX Rising

Last Buyer's Agent

Sean Bozarth

RE/MAX Rising License #475135415 Listed on: 07/30/2012

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 75x150
  • Mature Trees

Home Design

  • Wood Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Bent 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
  • Franklin Park Subdivision

Building Details

  • Maintenance Expense $1,821
  • Net Operating Income $26,789

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,010

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Franklin Park
  • Year Built: 1910
  • Age: 100+ Years
  • Legal Description: DURLEY ADDN E 25 12 & A11 13 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Lot Features: Mature Trees
  • Exterior Building Type: Wood Siding

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Other Expenses $: 9631

Schools

  • Elementary School: BENT ELEMENTARY
  • High School: BLOOMINGTON HIGH SCHOOL
  • Middle/Junior School: BLOOMINGTON JR HIGH

Lot Info

  • Lot Dimensions: 75X150

Rental Info

  • Board Number: 23
  • TenantPays: Gas,Electric

Multi Family

  • Net Operating Income: 26789
  • Maintenance Expense: 1821
  • Units in Building: 4
  • Type-Multi: 2 Story Unit/s,Converted Residence,4 Flat

Tax Info

  • Tax Annual Amount: 4010
  • Tax Year: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2012
Closed on
Oct 18, 2012
Sold by
Masching Douglas
Bought by
Farlow Elliott
Seller's Agent
Sean Bozarth
RE/MAX Rising
Buyer's Agent
Sean Bozarth
RE/MAX Rising
List Price
$224,900
Sold Price
$205,000
Premium/Discount to List
-$19,900
-8.85%
Current Estimated Value
$231,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,926
Avg. Annual Appreciation
0.94%
Original Mortgage
$164,000
Outstanding Balance
$28,244
Interest Rate
3.51%
Estimated Equity
$203,682

Purchase Details

Closed on
Jul 15, 2009
Sold by
Smith Randell L D
Bought by
Masching Douglas
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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Purchase History

Date Buyer Sale Price Title Company
Farlow Elliott -- None Available
Masching Douglas $40,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farlow Elliott $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2012 10/22/12 Sold $205,000 -8.8% --
07/30/2012 07/30/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $224,900 -- --
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 $4,672 $63,547 $10,337 $53,210
2022 $4,672 $54,975 $8,943 $46,032
2021 $4,277 $50,327 $8,187 $42,140
2020 $4,266 $50,327 $8,187 $42,140
2019 $3,746 $50,327 $8,187 $42,140
2018 $3,731 $50,327 $8,187 $42,140
2017 $4,237 $50,327 $8,187 $42,140
2016 $4,230 $50,327 $8,187 $42,140
2015 $4,218 $50,327 $8,187 $42,140
2014 $4,084 $50,327 $8,187 $42,140
2013 -- $50,327 $8,187 $42,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10245693

Midwest Real Estate Data (MRED)

APN: 21-04-204-012