NOT LISTED FOR SALE

Estimated Value: $164,046 - $196,000

2 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold December 01, 2021

Last sale price $130,000

Est. 40% increase in value since last sale

Current estimated payment $1,141/month

29 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Ceiling Fan

About This Home

As of December 2021

Great Cash flow on this converted duplex!! Tons of recent updates with lots of old time charm! Would make a great live in one unit let the other make your payments. Very easy to rent, stays full. More photo's on request.

Last Agent to Sell the Property

Jared Litwiller

Freedom Realty License #475155972 Listed on: 09/13/2021

Last Buyer's Agent

Carrie Troll

CORE 3 Commercial Real Estate License #475166842

CORE 3 Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,004

Year Renovated

  • 2011

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 115

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Schools

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

Additional Features

  • Deck
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $17,640
  • Net Operating Income $13,972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,004

Year Renovated

2011

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished,Crawl
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Brick/Mortar
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Other Expenses $: 0

Schools

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 50 X 115
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 13972
  • GrossIncome: 17640
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 2004.02
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 28, 2020
Sold by
Patterson Cory
Bought by
Walker David and Lancaster Stephanie
Seller's Agent
Joy Szmaj
Coldwell Banker Real Estate Group
Buyer's Agent
Caroline Bird
Coldwell Banker Real Estate Group
List Price
$124,900
Sold Price
$121,500
Premium/Discount to List
-$3,400
-2.72%
Current Estimated Value
$181,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,012
Avg. Annual Appreciation
8.39%
Original Mortgage
$91,125
Outstanding Balance
$82,570
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$98,942

Purchase Details

Closed on
Apr 11, 2011
Sold by
Utterback Ryan R
Bought by
Patterson Cory and Patterson Katherine Ellison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,255
Interest Rate
4.92%
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
Walker David $121,500 None Available
Patterson Cory $68,500 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker David $91,125
Previous Owner Patterson Cory $51,255
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Sold $130,000 -10.3% --
10/13/2021 10/13/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $145,000 +19.3% --
11/06/2020 11/06/20 Sold $121,500 -2.3% -- View Prior Sale
09/12/2020 09/12/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $124,400 -0.4% --
09/01/2020 09/01/20 For Sale $124,900 -- --
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 $2,283 $31,050 $5,804 $25,246
2022 $2,283 $26,861 $5,021 $21,840
2021 $2,090 $24,589 $4,596 $19,993
2020 $2,004 $23,643 $4,419 $19,224
2019 $1,998 $23,643 $4,419 $19,224
2018 $1,990 $23,643 $4,419 $19,224
2017 $1,991 $23,643 $4,419 $19,224
2016 $1,987 $23,643 $4,419 $19,224
2015 $2,068 $24,678 $4,419 $20,259
2014 $2,002 $24,678 $4,419 $20,259
2013 -- $24,678 $4,419 $20,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11217437

Midwest Real Estate Data (MRED)

APN: 21-04-260-005