Seller's Agent in 2017
Will Grimsley
RE/MAX
(309) 242-7653
146 Total Sales
507 E Cypress St Unit 507 1/2 Normal, IL 61761
Estimated Value: $197,000 - $240,000
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.
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%
Total Days on Market
87
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
$73,872
Avg. Annual Appreciation
5.45%
Original Mortgage
$300,000
Interest Rate
3.91%
Mortgage Type
Commercial
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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 | |
| Previous Owner | Schertz Jon D | $113,500 |
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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