NOT LISTED FOR SALE

505 N Lee St Bloomington, IL 61701

Downtown Bloomington Neighborhood

Estimated Value: $64,000 - $99,000

2 Beds
1 Bath
820 Sq Ft
$102/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $32,000 $39 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $552/month

143 Days on Market

Highlights

  • Cottage
  • Skylights
  • Patio
  • 1 Car Detached Garage
  • Porch
  • Living Room

About This Home

As of June 2020

Check out this charming cottage located near downtown Bloomington! This 2 bed/1 bath home features a new front porch that faces west and is perfect for watching the sunset! The living room opens up to the dining room and both rooms have large windows that let in lots of natural light! Kitchen has lots of cabinet space, and access to the basement. This home has central air, gas heating, oven, dishwasher, range/hood, refrigerator, skylight in the bathroom, and basement. New roof in 2019. There is a bricked and covered back patio space, alongside a spacious private back yard with privacy fence that is great for entertaining! This home is close to the downtown area shops and restaurants and has many modern updates!

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 01/28/2020

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $391

Year Built

  • Built in 1910 | Remodeled in 2018

Lot Details

  • 3,476 Sq Ft Lot
  • Lot Dimensions are 36x99
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Parking Space is Owned

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 820 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Schools

  • Sheridan Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$391

Year Built

Built in 1910 | Remodeled in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cottage
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Skylight(s), First Floor Bedroom, First Floor Full Bath
  • LivingArea: 820
  • Room Type: Other Room
  • Estimated Total Finished Sq Ft: 820
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 820
  • Basement Sq Ft: 0
  • Total Sq Ft: 1640
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 820
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 820

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • List Price: 44900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sheridan Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School
  • Middle/Junior School District: 87

Lot Info

  • Lot Size Acres: 0.0798
  • Lot Dimensions: 36X99
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 390.52
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Aug 17, 2020
Sold by
Cdg Real Estate Llc
Bought by
Custard Michelle and Custard Raynard
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Non Member
NON MEMBER
List Price
$44,900
Sold Price
$32,000
Premium/Discount to List
-$12,900
-28.73%
Current Estimated Value
$83,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,529
Avg. Annual Appreciation
20.61%
Original Mortgage
$34,200
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 28, 2020
Closed on
Jun 25, 2020
Sold by
Wilmouth John W K and Abruckle Lois
Bought by
Cdg Real Estate Llc
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Non Member
NON MEMBER
List Price
$44,900
Sold Price
$32,000
Premium/Discount to List
-$12,900
-28.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2010
Sold by
Shine Rickey H
Bought by
Wilmouth John W K and Arbuckle Lois

Purchase Details

Closed on
Sep 27, 2006
Sold by
Fowler Billie J
Bought by
Snine Rickey H

Purchase Details

Closed on
May 24, 2006
Sold by
Ryburn Jeffrey Mark and Ryburn Joyce Ann
Bought by
Shine Rickie H and Fowelr Billie J
Source: Public Records

Range of Values:

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Average Value
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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
Custard Michelle $55,000 Alliance Land Title
Cdg Real Estate Llc $32,000 Alliance Land Title
Wilmouth John W K $31,500 None Available
Snine Rickey H -- None Available
Shine Rickie H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cdg Real Estate Llc $34,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $32,000 -28.7% $39 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $44,900 -- $55 / 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 $1,135 $23,447 $5,666 $17,781
2022 $1,135 $19,356 $4,677 $14,679
2021 $996 $17,720 $4,282 $13,438
2020 $366 $17,322 $4,186 $13,136
2019 $365 $17,322 $4,186 $13,136
2018 $391 $17,640 $4,263 $13,377
2017 $391 $17,640 $4,263 $13,377
2016 $390 $18,413 $4,450 $13,963
2015 $808 $17,640 $4,263 $13,377
2014 $756 $17,319 $4,263 $13,056
2013 -- $17,319 $4,263 $13,056
Source: Public Records

Agents Affiliated with this Home

  • Ryan Dallas

    Seller's Agent in 2020

    Ryan Dallas

    RYAN DALLAS REAL ESTATE

    (217) 712-3853

    2,367 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    NON MEMBER

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10621434

Midwest Real Estate Data (MRED)

APN: 21-04-158-004

Illinois Mclean County Bloomington 61701 Downtown Bloomington

505 N Lee St, Bloomington, IL

This home is located at 505 N Lee St, Bloomington, IL 61701 since 28 January 2020 and is currently estimated at $83,529, approximately $101 per square foot. This property was built in 1910. 505 N Lee St is a home located in McLean County with nearby schools including Sheridan Elementary School, Bloomington Junior High School, and Bloomington High School.

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.

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