NOT LISTED FOR SALE

506 Patterson Dr Bloomington, IL 61701

Estimated Value: $278,000 - $288,000

2 Beds
3 Baths
3,785 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $190,000 $50 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,936/month

Highlights

  • Ranch Style House
  • Hot Water Heating System
  • Senior Tax Exemptions
  • Attached Garage

About This Home

As of March 2021

2 bedroom brick ranch. Partially finished basement with large bar. 3 bathrooms, fenced yard and a large 2 car garage.

Last Agent to Sell the Property

Jason Collins

RE/MAX Choice License #475170144 Listed on: 02/20/2021

RE/MAX Choice

Last Buyer's Agent

Lana Miller

BHHS Central Illinois, REALTORS License #475135166

BHHS Central Illinois, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,741

Year Built

  • 1955

Lot Details

  • 0.26

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Partially Finished Basement

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

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Hot Water Heating System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,741

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 2969
  • Unfinished Lower Sq Ft: 816
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Tax Exemptions: Homeowner, Senior
  • Total Sq Ft: 3785
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 23X14, On Level: Main Level
  • Fireplace Location: Living Room, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X14, On Level: Main Level
  • Kitchen Type: Dimensions: 11X14, On Level: Main Level
  • Master Bedroom: Dimensions: 12X17, On Level: Main Level
  • Additional Room 1 Name: Other, Dimensions: 12X18, On Level: Main Level
  • Bedroom 2: Dimensions: 13X17, On Level: Main Level
  • Estimated Sq Ft: 3785
  • Estimated Total Finished Sq Ft: 2969
  • Lower Level Sq Ft: 969
  • Main Level Sq Ft: 2000

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Public
  • Heating Fuel: Hot Water/Steam

Schools

  • School District: 87
  • Elementary School: Oakland Elementary
  • Middle School: Bloomington Jr High School
  • High School: Bloomington High School
  • Junior High Dist: 87

Lot Info

  • Lot Dimensions: 94X124
  • Parcel Identification Number: 2102358004
  • BNAR Zoning: R1B
  • Zero Lot Line: No

Tax Info

  • Taxes: 4616.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
Kramp Mark L and Kramp Mary L
Bought by
Mark L Kramp Trust and Kramp
Current Estimated Value
$282,746

Purchase Details

Listed on
Feb 20, 2021
Closed on
Mar 19, 2021
Sold by
Hospelhorn Claudia
Bought by
Kramp Mark L and Kramp May L
Seller's Agent
Jason Collins
RE/MAX Choice
Buyer's Agent
Lana Miller
BHHS Central Illinois, REALTORS
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Sep 15, 2020
Sold by
Wochner David C and Richard L Breen Trust
Bought by
Hospelhorn Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mark L Kramp Trust -- None Listed On Document
Kramp Mark L $190,000 Ftc
Hospelhorn Claudia -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hospelhorn Claudia $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $190,000 -5.0% $50 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $200,000 -- $53 / 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 $4,741 $82,241 $18,228 $64,013
2022 $4,741 $66,779 $14,801 $51,978
2021 $5,382 $63,333 $14,037 $49,296
2020 $4,358 $66,759 $13,407 $53,352
2019 $4,616 $65,624 $13,179 $52,445
2018 $4,327 $65,624 $13,179 $52,445
2017 $4,329 $64,910 $13,036 $51,874
2016 $4,321 $62,414 $12,535 $49,879
2015 $4,318 $62,527 $12,558 $49,969
2014 $4,121 $61,789 $12,558 $49,231
2013 -- $63,050 $12,814 $50,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10987051

Midwest Real Estate Data (MRED)

APN: 21-02-358-004