NOT LISTED FOR SALE

508 Douglas St Bloomington, IL 61701

Near East Neighborhood

Estimated Value: $263,261 - $302,000

6 Beds
6 Baths
-- Sq Ft
0.28 Acres Lot

Sale Details

Date Sold: May 14, 2021

Last sale price $200,000 $0 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,040 / mo

8 Days on Market

About This Home

As of May 2021

Great east side 6-unit! Easy to rent 1 bedroom units with low vacancy rate. Perfect for an owner managed building. Rents are very conservative and could be pushed to a higher amount. Even through Covid building has a solid return on investment. Over 25k spent over the last 4 years on updating units. Call today to get in and check out the building.

Last Agent to Sell the Property

Sean Bozarth

RE/MAX Rising License #475135415 Listed on: 03/22/2021

RE/MAX Rising

Last Buyer's Agent

Kirsten Evans

Coldwell Banker Real Estate Group License #475178817

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1915

Lot Details

  • 0.28

Utilities

  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

0.28 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Utilities To Site: Water-Municipal, Sanitary Sewer to Site
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 22070
  • Outdoor Parking: 6-12 Spaces, Unpaved
  • Total Annual Exp: 13030
  • Total Annual Income: 35100
  • Total Monthly Income: 2925
  • Number Of Stories: 2
  • Estimated Year Built: 1915
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 6
  • Conversion YN: Y

Lot Info

  • Lot Dimensions: 90X134
  • Parcel Identification Number: 2104256009
  • BNAR Zoning: R3A

Rental Info

  • Gross Rental Income: 35100
  • Tenant Pays: Electric, Heat

Multi Family

  • Other Expenses: 0000

Tax Info

  • Taxes: 5059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 12, 2021
Sold by
Hranka Jr Jerome
Bought by
Hassler Tyler
Seller's Agent
Sean Bozarth
RE/MAX Rising
Buyer's Agent
Kirsten Evans
Coldwell Banker Real Estate Group
List Price
$209,000
Sold Price
$200,000
Premium/Discount to List
-$9,000
-4.31%
Current Estimated Value
$278,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,815
Avg. Annual Appreciation
6.81%
Original Mortgage
$160,000
Outstanding Balance
$113,750
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$165,065

Purchase Details

Listed on
Sep 2, 2015
Closed on
Mar 21, 2016
Sold by
Jackson Nathan and Jackson Kimberly
Bought by
Hranka Jerome J
Seller's Agent
Kimberly Jackson
Coldwell Banker Real Estate Group
Buyer's Agent
Sean Bozarth
RE/MAX Rising
List Price
$189,900
Sold Price
$167,000
Premium/Discount to List
-$22,900
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$132,800
Interest Rate
3.65%

Purchase Details

Closed on
Jun 25, 2014
Sold by
Tornquist John E
Bought by
Jackson Nathan and Jackson Kimberly
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Hassler Tyler $200,000 None Listed On Document
Hranka Jerome J $167,000 Forntier Title Co
Jackson Nathan $78,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Hassler Tyler $160,000
Previous Owner Hranka Jerome J $132,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $200,000 -4.3% --
03/30/2021 03/30/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $209,000 +25.1% --
03/21/2016 03/21/16 Sold $167,000 -12.1% $54 / Sq Ft View Prior Sale
01/25/2016 01/25/16 Pending -- -- --
09/02/2015 09/02/15 For Sale $189,900 -- $61 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $6,374 $85,619 $11,417 $74,202
2024 $5,780 $78,617 $10,484 $68,133
2022 $5,780 $68,013 $9,070 $58,943
2021 $5,291 $62,262 $8,303 $53,959
2020 $5,074 $59,868 $7,984 $51,884
2019 $5,060 $59,868 $7,984 $51,884
2018 $5,039 $59,868 $7,984 $51,884
2017 $5,040 $59,868 $7,984 $51,884
2016 $5,032 $59,868 $7,984 $51,884
2015 $5,017 $59,868 $7,984 $51,884
2014 $4,858 $59,868 $7,984 $51,884
2013 -- $59,868 $7,984 $51,884
Source: Public Records

Agents Affiliated with this Home

  • Sean Bozarth

    Seller's Agent in 2021

    Sean Bozarth

    RE/MAX

    (309) 261-1302

    8 in this area

    84 Total Sales

    Sean Bozarth
    Section Image
  • Kirsten Evans

    Buyer's Agent in 2021

    Kirsten Evans

    Coldwell Banker Real Estate Group

    (309) 824-1001

    4 in this area

    220 Total Sales

    Kirsten Evans
    Section Image
  • Kimberly Jackson

    Seller's Agent in 2016

    Kimberly Jackson

    Coldwell Banker Real Estate Group

    (309) 275-4214

    1 in this area

    36 Total Sales

    Kimberly Jackson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11028811

Midwest Real Estate Data (MRED)

APN: 21-04-256-009

Illinois Mclean County Bloomington 61701 Near East

508 Douglas St, Bloomington, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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