NOT LISTED FOR SALE

505 E Chestnut St Unit A Bloomington, IL 61701

Estimated Value: $159,000 - $246,000

1 Bed
1 Bath
550 Sq Ft
$347/Sq Ft Est. Value

About This Home

This home is located at 505 E Chestnut St Unit A, Bloomington, IL 61701 and is currently estimated at $190,789, approximately $346 per square foot. 505 E Chestnut St Unit A is a home located in McLean County with nearby schools including Bent Elementary School, Bloomington Junior High School, and Bloomington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2024
Sold by
Chestnut Street Trust and Breizh Realty Llc
Bought by
Marrocco Ronald
Current Estimated Value
$190,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Outstanding Balance
$145,443
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$45,346

Purchase Details

Closed on
Dec 17, 2021
Sold by
Velasquez Gary
Bought by
Lopez Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
3.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 28, 2020
Sold by
Laramie Investments Llc
Bought by
Velasquez Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
2.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 25, 2016
Sold by
Shepard Cynthia M
Bought by
Laramie Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
3.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Marrocco Ronald $150,000 None Listed On Document
Lopez Ryan $125,000 Titlestar
Velasquez Gary $115,000 Ftc
Laramie Investments Llc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrocco Ronald $147,283
Previous Owner Lopez Ryan $6,000
Previous Owner Velasquez Gary $109,250
Previous Owner Laramie Investments Llc $345,531
Previous Owner Laramie Investments Llc $50,000
Previous Owner Klarania Investments Llc $79,200
Previous Owner Laramie Investments Llc $25,000
Source: Public Records

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 $3,368 $45,812 $5,381 $40,431
2022 $3,368 $39,632 $4,655 $34,977
2021 $3,083 $36,281 $4,261 $32,020
2020 $2,398 $28,288 $4,261 $24,027
2019 $2,391 $28,288 $4,261 $24,027
2018 $2,381 $28,288 $4,261 $24,027
2017 $2,382 $28,288 $4,261 $24,027
2016 $2,377 $28,288 $4,261 $24,027
2015 $2,371 $28,288 $4,261 $24,027
2014 $2,295 $28,288 $4,261 $24,027
2013 -- $28,288 $4,261 $24,027
Source: Public Records

Map

Illinois Mclean County Bloomington 61701

505 E Chestnut St Unit A, Bloomington, IL

This home is located at 505 E Chestnut St Unit A, Bloomington, IL 61701 and is currently estimated at $190,789, approximately $346 per square foot. 505 E Chestnut St Unit A is a home located in McLean County with nearby schools including Bent Elementary School, Bloomington Junior High School, and Bloomington High School.

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