Neal Fridrich
Responds Quickly
RE/MAX Rising
(815) 686-1446
60 Total Sales
2 in Innovation District
$200K - $380K Price Range
505 E Cypress St Normal, IL 61761
Innovation District NeighborhoodEstimated Value: $235,000 - $300,000
7
Beds
4
Baths
--
Sq Ft
9,453
Sq Ft Lot
About This Home
As of June 20164-plex in convenient North Normal location - Great Investment Opportunity. 3 - 2 bedroom units, 1 - 1 bedroom. Each unit has a washer/dryer hook-up in basement and storage. Each unit has 1 space in Private Garage parking. Major capital improvements within the last 5 years: roof (2015), windows (2015), exterior doors (2015), furnace (2012), 3 of 4 water heaters newer. Tenant pays water, gas and electric. Owner pays electric for common areas. Snow removal, garbage and lawn care paid by owner. All units rented.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,135
Year Built
- Built in 1968
Lot Details
- Lot Dimensions are 71 x 132
- Mature Trees
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Parking
- 4 Parking Spaces
- Uncovered Parking
Schools
- Glenn Elementary School
- Kingsley Jr High Middle School
- Normal Community West High Schoo
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
Building Details
- Maintenance Expense $795
- Manager Expense $2,295
- Gross Income $25,325
- Net Operating Income $14,857
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
Closed on
Nov 27, 2019
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
3.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Apr 4, 2016
Closed on
Jun 13, 2016
Sold by
Bought by
Seller's Agent
Sue Tretter
RE/MAX Rising
Buyer's Agent
Bryan Dillow
eXp Realty
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$160,000
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 7, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,771
Interest Rate
4.75%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Innovation District, IL
-
Neal Fridrich
-
Sue Tretter
Sue Tretter
RE/MAX Rising
(309) 503-0263
83 Total Sales
2 in Innovation District
$170K - $250K Price Range
-
Emily Almeida
Emily Almeida
RE/MAX Rising
(309) 808-6550
64 Total Sales
1 in Innovation District
$125,000 Price
-
Tracy Lockenour
Tracy Lockenour
Responds QuicklyHomeSmart Realty Group Illinois
(309) 886-0903
199 Total Sales
2 in Innovation District
$182K - $225K Price Range
-
Karen Wilson
Karen Wilson
Coldwell Banker Real Estate Group
(309) 485-5516
215 Total Sales
1 in Innovation District
$275,000 Price
-
Greg Zavitz
Greg Zavitz
Responds QuicklyColdwell Banker Real Estate Group
(309) 485-5869
176 Total Sales
1 in Innovation District
$47,000 Price
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 |
|---|---|---|---|
| $172,000 | Frontier Title | ||
| $190,000 | Alliance Land Title | ||
| $186,500 | Alliance Land 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 | $204,000 | ||
| Closed | $137,600 | ||
| Previous Owner | $160,000 | ||
| Previous Owner | $181,771 |
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 |
|---|---|---|---|---|
| 06/14/2016 06/14/16 | Sold | $190,000 | -9.5% | -- |
| 04/29/2016 04/29/16 | Pending | -- | -- | -- |
| 04/04/2016 04/04/16 | For Sale | $210,000 | -- | -- |
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 | $6,163 | $82,845 | $18,361 | $64,484 |
| 2024 | $5,516 | $75,907 | $16,823 | $59,084 |
| 2022 | $5,516 | $61,405 | $13,609 | $47,796 |
| 2021 | $5,328 | $57,935 | $12,840 | $45,095 |
| 2020 | $5,298 | $57,333 | $12,707 | $44,626 |
| 2019 | $5,665 | $63,105 | $12,639 | $50,466 |
| 2018 | $5,602 | $62,437 | $12,505 | $49,932 |
| 2017 | $5,403 | $62,437 | $12,505 | $49,932 |
| 2016 | $5,344 | $62,437 | $12,505 | $49,932 |
| 2015 | $5,199 | $60,974 | $12,212 | $48,762 |
| 2014 | $5,135 | $60,974 | $12,212 | $48,762 |
| 2013 | -- | $60,974 | $12,212 | $48,762 |
Source: Public Records
Agents Affiliated with this Home
-
Sue Tretter
Seller's Agent in 2016
Sue Tretter
RE/MAX
(309) 287-7962
2 in this area
83 Total Sales
-
Bryan Dillow
Buyer's Agent in 2016
Bryan Dillow
eXp Realty
(309) 531-8309
1 in this area
93 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10195353
APN: 14-27-116-003
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.
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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