Seller's Agent in 2017
John Armstrong
RE/MAX
(309) 275-9333
2 in this area
224 Total Sales
509 E Locust St Bloomington, IL 61701
Near East NeighborhoodEstimated Value: $120,000 - $146,000
3
Beds
2
Baths
--
Sq Ft
6,534
Sq Ft Lot
Highlights
- Mature Trees
- Forced Air Heating System
- Ceiling Fan
- Porch
About This Home
As of October 2017Great investment property! Nicely updated with one unit up and one unit down! Both units currently under lease. Detached garage could be assigned to one of the units to get more rent. Over 30% cash flow on this one!! Only a few blocks from IWU.
Last Agent to Sell the Property
RE/MAX Rising License #471018921 Listed on: 05/12/2017
Co-Listed By
Rick Smock
Keller Williams Revolution License #475170183
Last Buyer's Agent
Rick Smock
Keller Williams Revolution License #475170183
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,185
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 50x130
- Mature Trees
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Parking
- 4 Parking Spaces
- Uncovered Parking
Schools
- Sheridan Elementary School
- Bloomington Jr High Middle School
- Bloomington High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Ceiling Fan
- Porch
Community Details
- 2 Units
- Net Operating Income $10,367
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2017
Closed on
Oct 19, 2017
Sold by
Rawson Paul D
Bought by
Ilene Sideways Llc
Seller's Agent
John Armstrong
RE/MAX Rising
Buyer's Agent
Rick Smock
Keller Williams Revolution
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%
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
$56,942
Avg. Annual Appreciation
7.28%
Original Mortgage
$64,000
Interest Rate
4.75%
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 |
|---|---|---|---|
| Ilene Sideways Llc | $80,000 | Frontier Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ilene Sideways Llc Series 3 | $54,659 | |
| Closed | Ilene Sideways Llc | $64,000 | |
| Previous Owner | Rawson Paul D | $69,750 | |
| Previous Owner | Rawson Paul D | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2017 10/19/17 | Sold | $80,000 | -15.8% | -- |
| 08/24/2017 08/24/17 | Pending | -- | -- | -- |
| 05/12/2017 05/12/17 | For Sale | $95,000 | -- | -- |
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 | $2,511 | $34,156 | $9,321 | $24,835 |
| 2022 | $2,511 | $29,548 | $8,064 | $21,484 |
| 2021 | $2,299 | $27,050 | $7,382 | $19,668 |
| 2020 | $2,205 | $26,010 | $7,098 | $18,912 |
| 2019 | $2,198 | $26,010 | $7,098 | $18,912 |
| 2018 | $2,189 | $26,010 | $7,098 | $18,912 |
| 2017 | $2,190 | $26,010 | $7,098 | $18,912 |
| 2016 | $2,186 | $26,010 | $7,098 | $18,912 |
| 2015 | $2,421 | $28,891 | $7,098 | $21,793 |
| 2014 | $2,344 | $28,891 | $7,098 | $21,793 |
| 2013 | -- | $28,891 | $7,098 | $21,793 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Seller Co-Listing Agent in 2017
Rick Smock
Keller Williams Revolution
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10195415
APN: 21-04-276-011
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