NOT LISTED FOR SALE

506 Mcgregor St Bloomington, IL 61701

Estimated Value: $191,000 - $200,804

3 Beds
2 Baths
1,296 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $139,900 $108 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,308/month

29 Days on Market

About This Home

As of December 2021

This charming bungalow will grab your attention from the moment you enter the door. The ornate wooden spindles mixed with the built-in cabinets shows the vintage side of the home. While the updated kitchen, painting, flooring and fixtures gives it that move-in ready feel! Schedule your showing today!

Last Agent to Sell the Property

Lindsay Prewitt

eXp Realty License #471020566 Listed on: 09/14/2021

eXp Realty

Last Buyer's Agent

Cindy Eckols

RE/MAX Choice License #475130274

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1955 | 2021

Lot Details

  • 4,792

Parking

  • Attached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Home Details

Home Type

Single Family

Year Built | Renovated

1955 | 2021

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 61-70 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: 2021
  • Architectural Style: Cape Cod
  • Directions: W on Oakland; S on McGregor
  • Lot Size: 50X94
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Oakland
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1955
  • Year Renovated: 2021

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 87
  • Middle Or Junior School: Bloomington Jr High School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 3547.1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 10, 2021
Sold by
Hubbard Aaron and Fugitt Dustin
Bought by
Ready Taylor
Seller's Agent
Lindsay Prewitt
eXp Realty
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$149,900
Sold Price
$139,900
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$196,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,301
Avg. Annual Appreciation
8.51%
Original Mortgage
$137,365
Outstanding Balance
$126,357
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$69,844

Purchase Details

Closed on
Jun 29, 2021
Sold by
Bova Lisa G
Bought by
Hubbard Aaron and Fugitt Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Ready Taylor $140,000 Alliance Land Title
Hubbard Aaron $122,000 Ftc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ready Taylor $137,365
Previous Owner Hubbard Aaron $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $139,900 -6.7% $108 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $149,900 -- $116 / 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 $3,462 $57,586 $10,759 $46,827
2022 $3,462 $46,739 $8,732 $38,007
2021 $3,713 $43,689 $8,162 $35,527
2020 $3,547 $41,848 $7,818 $34,030
2019 $3,537 $41,848 $7,818 $34,030
2018 $3,017 $41,848 $7,818 $34,030
2017 $3,018 $41,848 $7,818 $34,030
2016 $3,114 $43,053 $8,043 $35,010
2015 $3,005 $41,856 $7,819 $34,037
2014 $2,909 $41,856 $7,819 $34,037
2013 -- $41,036 $7,666 $33,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11218983

Midwest Real Estate Data (MRED)

APN: 21-10-201-006