NOT LISTED FOR SALE

511 Douglas St Bloomington, IL 61701

Near East Neighborhood

Estimated Value: $170,346 - $191,000

6 Beds
2 Baths
-- Sq Ft
6,926 Sq Ft Lot

Sale Details

Date Sold: March 15, 2021

Last sale price $125,500

Est. 44% increase in value since last sale

Current estimated payment $1,270 / mo

2 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Forced Air Heating System
  • Detached Garage

About This Home

As of March 2021

Wonderful investment opportunity! Live on one level and rent the other level out (currently occupied). Let someone else pay your mortgage! Great location near IWU. Fireplace is decoration only. Separate furnace and central A/C for each unit. Single car garage for unit 1. New roof in 2010. New electric in 2007. Newer plumbing (copper and PEX) in 2015. New sewer line in 2015. Kitchen, bath and laundry remodel on second floor in 2019. Would be VERY easy to convert back to single-family (remove 1 wall). No "house" meters... The tenants pay for everything! This one is a turn-key operation, ready for your wealth-building portfolio.

Last Agent to Sell the Property

Nick Butzirus

Brilliant Real Estate License #471001231 Listed on: 02/03/2021

Last Buyer's Agent

Marti Ryan

Vesta Real Estate LLC License #471020484

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • 6,926

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

6,926 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Traditional
  • Zoning Type: MULTI
  • Estimated Year Built: 1925
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Number Of Rooms: 12
  • Equipment: CO Detectors, Ceiling Fan, Multiple Water Heaters
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6

Exterior Features

  • Foundation: Brick
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch, Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Conversion YN: Y

Schools

  • Junior High Dist: 87

Lot Info

  • Lot Dimensions: 60X115
  • Parcel Identification Number: 2104260007
  • BNAR Zoning: R2

Multi Family

  • Total Number Unitsin Building: 2
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 2

Tax Info

  • Taxes: 2478.72

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
Feb 3, 2021
Closed on
Feb 25, 2021
Sold by
Bought by
Seller's Agent
Nick Butzirus
Brilliant Real Estate
Buyer's Agent
Marti Ryan
Vesta Real Estate LLC
List Price
$125,000
Sold Price
$125,500
Premium/Discount to List
$500
0.4%
Current Estimated Value
$180,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,837
Avg. Annual Appreciation
7.04%
Original Mortgage
$100,400
Interest Rate
0.0425%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 5, 2016
Closed on
Oct 14, 2016
Sold by
Bought by
Seller's Agent
Nick Butzirus
Brilliant Real Estate
Buyer's Agent
Nick Butzirus
Brilliant Real Estate
List Price
$124,900
Sold Price
$105,000
Premium/Discount to List
-$19,900
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$105,000
Interest Rate
0.0344%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,157
Interest Rate
0.0618%
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
$125,500 Ftc
-- --
$117,500 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 $328,000
Closed $100,400
Previous Owner $105,000
Previous Owner $12,000
Previous Owner $112,157
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 Prior Sale
03/15/2021 03/15/21 Sold $125,500 +0.4% --
02/05/2021 02/05/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $125,000 +19.0% --
10/13/2016 10/13/16 Sold $105,000 -15.9% -- View Prior Sale
08/20/2016 08/20/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $124,900 -- --
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 $3,549 $47,671 $7,597 $40,074
2024 $3,218 $43,772 $6,976 $36,796
2022 $3,218 $37,869 $6,036 $31,833
2021 $2,946 $34,667 $5,526 $29,141
2020 $2,486 $29,330 $5,313 $24,017
2019 $2,479 $29,330 $5,313 $24,017
2018 $2,468 $29,330 $5,313 $24,017
2017 $2,469 $29,330 $5,313 $24,017
2016 $2,465 $29,330 $5,313 $24,017
2015 $2,458 $29,330 $5,313 $24,017
2014 $2,380 $29,330 $5,313 $24,017
2013 -- $29,330 $5,313 $24,017
Source: Public Records

Agents Affiliated with this Home

  • Nick Butzirus

    Seller's Agent in 2021

    Nick Butzirus

    Brilliant Real Estate

    (309) 888-4663

    2 in this area

    61 Total Sales

    Nick Butzirus
    Section Image
  • Marti Ryan

    Buyer's Agent in 2021

    Marti Ryan

    Vesta Real Estate LLC

    (309) 287-2053

    6 in this area

    79 Total Sales

    Marti Ryan
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10985955

Midwest Real Estate Data (MRED)

APN: 21-04-260-007

Illinois Mclean County Bloomington 61701 Near East

511 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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