NOT LISTED FOR SALE

505 S Florence Ave Bloomington, IL 61701

Estimated Value: $198,465 - $207,000

2 Beds
1 Bath
2,432 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $135,000 $56 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,357/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • 4-minute walk to Oakland School Park
  • Detached Garage
  • Wood Burning Fireplace

About This Home

As of November 2020

An adorable home with numerous updates in a lovely, well established neighborhood off of Oakland Avenue! Designed with great style, this home offers a front porch, arched doorways, original hardwood floors that have been reconditioned, a window seat, and built-in storage. Updates to the fenced back yard include a stone patio, extended brick edged flower beds, a new 1.5 garage with remote opener to replace the previous garage, and the cement driveway has been repaved. The charming kitchen with a walk in pantry has been redone to reflect the vintage style of the home with new countertops, sink, and faucet. The original hardwood cabinets have been refinished, the kitchen flooring replaced with mosaic tile, and all kitchen appliances were replaced with premium upgrades (Big Chill refrigerator and gas stove, GE dishwasher, and a new garbage disposal). Lots of storage space with a full unfinished basement and a large attic accessible by pull down stairs. The exterior wood trim around the basement and ground floor windows has been replaced with PVC trim. All new interior paint. New water heater in 2020. Laundry is in the basement.

Last Agent to Sell the Property

Hansa Jaggi

Coldwell Banker Real Estate Group License #475128137 Listed on: 10/02/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jay Ricketts

RE/MAX Choice License #475170154

RE/MAX Choice

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • 4,835

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Steel Siding

Interior Spaces

  • Wood Burning Fireplace

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1216
  • Style Of House: Traditional
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Total Sq Ft: 1216
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 14X24, On Level: Main Level, Flooring: Hardwood
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X12, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X13, On Level: Main Level
  • Estimated Sq Ft: 2432
  • Estimated Total Finished Sq Ft: 1216
  • Main Level Sq Ft: 1216

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Steel Siding

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 87

Lot Info

  • Lot Dimensions: 50X94
  • Parcel Identification Number: 2110202017
  • BNAR Zoning: R1A
  • Zero Lot Line: No

Tax Info

  • Taxes: 3020.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Dec 21, 2020
Sold by
Nejman Sharon
Bought by
Nejman Sharon and Ingram Emma Long
Seller's Agent
Hansa Jaggi
Coldwell Banker Real Estate Group
Buyer's Agent
Jay Ricketts
RE/MAX Choice
List Price
$148,000
Sold Price
$135,000
Premium/Discount to List
-$13,000
-8.78%
Current Estimated Value
$204,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,366
Avg. Annual Appreciation
8.33%

Purchase Details

Listed on
Oct 2, 2020
Closed on
Oct 30, 2020
Sold by
Peetani Leslie and Peetani Maithili Sharan
Bought by
Nejman Sharon
Seller's Agent
Hansa Jaggi
Coldwell Banker Real Estate Group
Buyer's Agent
Jay Ricketts
RE/MAX Choice
List Price
$148,000
Sold Price
$135,000
Premium/Discount to List
-$13,000
-8.78%

Purchase Details

Listed on
Aug 9, 2013
Closed on
Oct 25, 2013
Sold by
Eagan Erika
Bought by
Pratt Leslie
Seller's Agent
Dena Swigart
BHHS Central Illinois, REALTORS
Buyer's Agent
Hansa Jaggi
Coldwell Banker Real Estate Group
List Price
$139,900
Sold Price
$133,000
Premium/Discount to List
-$6,900
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.21%
Original Mortgage
$108,262
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2009
Sold by
Armstrong Builders Inc
Bought by
Eagan Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
4.9%

Purchase Details

Closed on
May 29, 2009
Sold by
Foote Jeffrey and Foote Katie
Bought by
Armstrong Builders Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Nejman Sharon -- None Listed On Document
Nejman Sharon $135,000 Alliance Land Title
Pratt Leslie $133,000 Mclean County Title
Eagan Erika $132,000 None Available
Armstrong Builders Inc $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pratt Leslie $108,262
Previous Owner Eagan Erika $105,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2020 11/10/20 Sold $135,000 -6.9% $56 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/09/2020 10/09/20 Price Changed $145,000 -2.0% $60 / Sq Ft
10/02/2020 10/02/20 For Sale $148,000 +11.3% $61 / Sq Ft
10/25/2013 10/25/13 Sold $133,000 -4.9% $109 / Sq Ft View Prior Sale
08/27/2013 08/27/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $139,900 -- $115 / 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 $3,453 $57,448 $10,757 $46,691
2022 $3,453 $46,626 $8,730 $37,896
2021 $3,194 $43,583 $8,160 $35,423
2020 $3,030 $41,746 $7,816 $33,930
2019 $3,021 $41,746 $7,816 $33,930
2018 $2,834 $41,746 $7,816 $33,930
2017 $2,747 $41,746 $7,816 $33,930
2016 $2,843 $42,948 $8,041 $34,907
2015 $2,735 $41,753 $7,817 $33,936
2014 $2,648 $39,679 $7,817 $31,862
2013 -- $37,872 $7,666 $30,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10889506

Midwest Real Estate Data (MRED)

APN: 21-10-202-017