NOT LISTED FOR SALE

507 E Monroe St Bloomington, IL 61701

Near East Neighborhood

Estimated Value: $71,000 - $144,000

2 Beds
1 Bath
786 Sq Ft
$128/Sq Ft Est. Value

Last Sold January 14, 2016

Last sale price $26,000 $33 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $657/month

30 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Walk-In Pantry
  • Bathroom on Main Level

About This Home

As of January 2016

Great investment opportunity for a flip or fix up and rent. House has newer siding and windows and an oversized two car garage. Property being Sold as is.

Last Agent to Sell the Property

Daniel Carcasson

RE/MAX Rising License #471000056 Listed on: 11/18/2015

RE/MAX Rising

Co-Listed By

Matt Hansen

Coldwell Banker Real Estate Group License #471020699

Last Buyer's Agent

Daniel Carcasson

RE/MAX Rising License #471000056 Listed on: 11/18/2015

RE/MAX Rising

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,587

Year Built

  • 1925

Lot Details

  • 7,144

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Walk-In Pantry
  • Bathroom on Main Level
  • Partial Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,587

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 786
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1925
  • Total Sq Ft: 1063
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Interior Property Features: 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 14X16, On Level: Main Level, Flooring: Carpet
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 11X11, On Level: Basement
  • Dining Room: Dimensions: 8X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 8X12, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Pantry-Closet
  • Master Bedroom: Dimensions: 12X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 19X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 786
  • Estimated Total Finished Sq Ft: 786
  • Basement Sq Ft: 277
  • Main Level Sq Ft: 786

Exterior Features

  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, Gas

Schools

  • Junior High Dist: 87

Lot Info

  • Lot Dimensions: 60X120
  • Parcel Identification Number: 2104268005
  • BNAR Zoning: R1A

Tax Info

  • Taxes: 1370.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jan 14, 2016
Sold by
Illinois National Bank
Bought by
Jones Tom
Seller's Agent
Daniel Carcasson
RE/MAX Rising
Buyer's Agent
Daniel Carcasson
RE/MAX Rising
List Price
$30,000
Sold Price
$26,000
Premium/Discount to List
-$4,000
-13.33%
Current Estimated Value
$100,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,395
Avg. Annual Appreciation
14.80%

Purchase Details

Closed on
Jun 20, 2015
Sold by
Granite Real Estate Investments Llc
Bought by
Illinois National Bank
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
Jones Tom $26,000 None Available
Illinois National Bank -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2016 01/14/16 Sold $26,000 -13.3% $33 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $30,000 -- $38 / 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 $1,587 $22,761 $10,421 $12,340
2022 $1,587 $18,668 $8,547 $10,121
2021 $1,503 $17,687 $8,098 $9,589
2020 $1,481 $17,477 $8,002 $9,475
2019 $1,477 $17,477 $8,002 $9,475
2018 $1,471 $17,477 $8,002 $9,475
2017 $1,471 $17,477 $8,002 $9,475
2016 $1,500 $17,852 $8,174 $9,678
2015 $1,462 $17,442 $7,986 $9,456
2014 $1,370 $16,887 $7,986 $8,901
2013 -- $16,555 $7,829 $8,726
Source: Public Records

Agents Affiliated with this Home

  • Daniel Carcasson

    Seller's Agent in 2016

    Daniel Carcasson

    RE/MAX

    (309) 310-5949

    1 in this area

    255 Total Sales

    Daniel Carcasson
    Section Image
  • Matt Hansen

    Seller Co-Listing Agent in 2016

    Matt Hansen

    Coldwell Banker Real Estate Group

    (309) 662-9333

    2 in this area

    168 Total Sales

    Matt Hansen
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10193282

Midwest Real Estate Data (MRED)

APN: 21-04-268-005

Illinois Mclean County Bloomington 61701 Near East

507 E Monroe St, Bloomington, IL

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