NOT LISTED FOR SALE

508 N Oak St Bloomington, IL 61701

West Bloomington Neighborhood

Estimated Value: $94,000 - $156,000

4 Beds
2 Baths
-- Sq Ft
0.53 Acre Lot

Sale Details

Date Sold: June 12, 2012

Last sale price $70,000

Est. 75% increase in value since last sale

Current estimated payment $823 / mo

302 Days on Market

Highlights

  • Landscaped Professionally
  • Enclosed Patio or Porch
  • Ceiling Fan
  • Mature Trees
  • Forced Air Heating System

About This Home

As of June 2012

Freshly renovated/remodeled, newer appliances included! Turnkey Investment with Good Cash-flow! Tenants pay all utilities! ***Financing assistance available from seller!*** Owner is licensed real estate agent. Broker/Agent Interest.

Last Agent to Sell the Property

BNAR Conversion Agent

BNAR Conversion Office Listed on: 06/20/2011

Last Buyer's Agent

Vicente Adame

Coldwell Banker Real Estate Group License #475128507

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 38x60
  • Landscaped Professionally
  • Mature Trees

Home Design

  • Steel Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Maintenance Expense $600
  • Gross Income $11,640
  • Net Operating Income $8,783

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,423

Year Built

Built in 1900

Lot Details

0.53 Acres

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: NOT APPLICABLE
  • Year Built: 1900
  • Age: 100+ Years
  • Legal Description: L. LOWENTROUT'S SUBN L5, (EX W10') 8 & 9 BLK 30 -
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Lot Features: Mature Trees, Landscaped
  • Exterior Building Type: Steel Siding

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Other Expenses $: 2275

Schools

  • Elementary School: SHERIDAN ELEMENTARY
  • High School: BLOOMINGTON HIGH SCHOOL
  • Middle/Junior School: BLOOMINGTON JR HIGH

Lot Info

  • Lot Dimensions: 38X60

Rental Info

  • Board Number: 23

Multi Family

  • Net Operating Income: 8783
  • GrossIncome: 11640
  • Maintenance Expense: 600
  • Units in Building: 2
  • Type-Multi: 2 Story Unit/s,Converted Residence,2 Flat

Tax Info

  • Tax Annual Amount: 1423
  • Tax Year: 10

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2011
Closed on
Jun 12, 2012
Sold by
Bought by
Seller's Agent
BNAR Conversion Agent
BNAR Conversion Office
Buyer's Agent
Vicente Adame
Coldwell Banker Real Estate Group
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%
Current Estimated Value
$122,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,667
Avg. Annual Appreciation
4.05%
Original Mortgage
$591,768
Interest Rate
0.0387%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2010
Sold by
Bought by

Purchase Details

Closed on
May 7, 2009
Sold by
Bought by
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
$594,000 None Available
$125,000 None Available
-- 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 $402,213
Closed $591,768
Previous Owner $30,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/12/2012 06/12/12 Sold $70,000 -22.1% --
04/17/2012 04/17/12 Pending -- -- --
06/20/2011 06/20/11 For Sale $89,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax 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.

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 $1,861 $24,992 $2,573 $22,419
2024 $1,687 $22,948 $2,362 $20,586
2022 $1,687 $19,853 $2,044 $17,809
2021 $1,545 $18,174 $1,871 $16,303
2020 $1,481 $17,475 $1,799 $15,676
2019 $1,477 $17,475 $1,799 $15,676
2018 $1,471 $17,475 $1,799 $15,676
2017 $1,471 $17,475 $1,799 $15,676
2016 $1,186 $17,475 $1,799 $15,676
2015 $1,464 $17,475 $1,799 $15,676
2014 $1,418 $17,475 $1,799 $15,676
2013 -- $17,475 $1,799 $15,676
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    BNAR Conversion Agent

    BNAR Conversion Office

  • Vicente Adame

    Buyer's Agent in 2012

    Vicente Adame

    Coldwell Banker Real Estate Group

    (309) 261-9724

    10 in this area

    89 Total Sales

    Vicente Adame
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10209599

Midwest Real Estate Data (MRED)

APN: 21-04-156-015

Illinois Mclean County Bloomington 61701 West Bloomington

508 N Oak 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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