Seller's Agent in 2017
Will Grimsley
RE/MAX
(309) 242-7653
144 Total Sales
507 E Cypress St Unit 507 1/2 Normal, IL 61761
Estimated Value: $226,000 - $266,552
4
Beds
2
Baths
--
Sq Ft
9,453
Sq Ft Lot
About This Home
As of November 2017All brick ranch duplex in Normal. New windows except for large picture windows in 2011. 1 car detached garages for each unit. Approx 500 sq ft in basement for each unit. Owner pays $9.20 month for each unit sewer. 1 unit can be occupied by 2 unrelated or a family with 1 boarder and other unit is grandfathered to be occupied by 4 unrelated.
Last Agent to Sell the Property
RE/MAX Choice License #475127205 Listed on: 07/12/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,736
Year Built
- Built in 1967
Lot Details
- 9,453
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 6 Parking Spaces
- Uncovered Parking
Schools
- Glenn Elementary School
- Chiddix Jr High Middle School
- Normal Community High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Partial Basement
- Lot Dimensions are 71x132
Community Details
- 2 Units
- Illinois State U Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2017
Closed on
Nov 17, 2017
Sold by
Schertz Jon D and Schertz Robin L
Bought by
Zimmerman John
Seller's Agent
Will Grimsley
RE/MAX Choice
List Price
$163,900
Sold Price
$150,000
Premium/Discount to List
-$13,900
-8.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,388
Avg. Annual Appreciation
6.61%
Original Mortgage
$300,000
Interest Rate
3.91%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zimmerman John | $150,000 | Frontier Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Zimmerman John | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2017 11/17/17 | Sold | $150,000 | -8.5% | -- |
| 10/07/2017 10/07/17 | Pending | -- | -- | -- |
| 07/12/2017 07/12/17 | For Sale | $163,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,410 | $74,454 | $12,843 | $61,611 |
| 2022 | $5,410 | $60,228 | $10,389 | $49,839 |
| 2021 | $5,226 | $56,824 | $9,802 | $47,022 |
| 2020 | $5,197 | $56,233 | $9,700 | $46,533 |
| 2019 | $5,021 | $55,931 | $9,648 | $46,283 |
| 2018 | $4,965 | $55,339 | $9,546 | $45,793 |
| 2017 | $4,788 | $55,339 | $9,546 | $45,793 |
| 2016 | $4,736 | $55,339 | $9,546 | $45,793 |
| 2015 | $4,608 | $54,042 | $9,322 | $44,720 |
| 2014 | $4,551 | $54,042 | $9,322 | $44,720 |
| 2013 | -- | $54,042 | $9,322 | $44,720 |
Source: Public Records
Agents Affiliated with this Home
-
Will Grimsley
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10195427
APN: 14-27-116-004
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