NOT LISTED FOR SALE

511 S Florence Ave Bloomington, IL 61701

Estimated Value: $191,000 - $218,000

2 Beds
1 Bath
2,587 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $165,000 $64 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,331/month

3 Days on Market

Highlights

  • Home Office
  • Bungalow
  • Wood Burning Fireplace
  • Formal Dining Room
  • Central Air
  • 4-minute walk to Oakland School Park

About This Home

As of August 2024

Close to shopping and schools, this delightful 2 bedroom 1 bath bungalow exudes timeless charm and modern comfort. Recently upgraded with newer windows ('14 & '21) and roof ('20) while retaining its original wood floors. Enjoy the graciously covered front porch and spacious living area. The dining room is versatile, with ample space to have it include a small family room if desired. The backyard includes a covered back patio area and is fully fenced in. A separate office area with extra storage enjoys views to the outdoors. The basement offers lots of additional storage space. Don't miss your chance to make this charming bungalow your own.

Last Agent to Sell the Property

Christine Sheppard

Coldwell Banker Real Estate Group License #475155361 Listed on: 07/18/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Lindsay Prewitt

eXp Realty License #471020566

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 94x50

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 2,587 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Oakland Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Founders Grove Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,776

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Founders Grove
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 2587
  • Room Type: Office, Other Room
  • Estimated Total Finished Sq Ft: 1529
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2598
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oakland Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 94X50
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3775.96
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 28, 2024
Sold by
Idleman Matthew David and Idleman Sarah
Bought by
Carney Kelsi K and Carney Jordan F
Seller's Agent
Christine Sheppard
Coldwell Banker Real Estate Group
Buyer's Agent
Lindsay Prewitt
eXp Realty
List Price
$160,000
Sold Price
$165,000
Premium/Discount to List
$5,000
3.12%
Views
16
Current Estimated Value
$199,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,688
Avg. Annual Appreciation
15.18%
Original Mortgage
$165,000
Outstanding Balance
$162,877
Interest Rate
5.75%
Mortgage Type
VA
Estimated Equity
$36,811

Purchase Details

Closed on
Oct 29, 2009
Sold by
Carr Stephen and Carr Michelle
Bought by
Idleman Matthew David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,501
Interest Rate
4.96%

Purchase Details

Closed on
Oct 10, 2006
Sold by
Hollonbeck Kathleen M
Bought by
Crr Stephen and Crr Michelle

Purchase Details

Closed on
Oct 26, 2005
Sold by
County Of Mclean
Bought by
Hollonbeck Kathleen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Carney Kelsi K $165,000 None Listed On Document
Idleman Matthew David $85,000 Frontier Title Co
Crr Stephen $67,000 None Available
Hollonbeck Kathleen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carney Kelsi K $165,000
Previous Owner Idleman Matthew David $81,501
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $165,000 +3.1% $64 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $160,000 -- $62 / 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 $3,450 $57,409 $10,699 $46,710
2022 $3,450 $46,596 $8,684 $37,912
2021 $3,192 $43,555 $8,117 $35,438
2020 $3,028 $41,719 $7,775 $33,944
2019 $3,019 $41,719 $7,775 $33,944
2018 $3,006 $41,719 $7,775 $33,944
2017 $2,727 $41,719 $7,775 $33,944
2016 $2,823 $42,921 $7,999 $34,922
2015 $2,715 $41,728 $7,777 $33,951
2014 $2,629 $41,728 $7,777 $33,951
2013 -- $28,957 $7,624 $21,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12105859

Midwest Real Estate Data (MRED)

APN: 21-10-202-020