Seller's Agent in 2021
Tracy Haas Riley
BHHS Central Illinois, REALTORS
(309) 275-6590
305 Total Sales
512 E Grove St Unit 518 Bloomington, IL 61701
Estimated Value: $367,000 - $447,000
12
Beds
4
Baths
--
Sq Ft
6,839
Sq Ft Lot
Highlights
- American Four Square Architecture
- Ceiling Fan
- Paved or Partially Paved Lot
- Porch
- Heating System Uses Steam
- 5-minute walk to Bloomington Parks & Recreation
About This Home
As of October 2021Incredible, one of kind GEM of a true 4 unit building! Each unit is oozing with charm and character. Each unit has 2 true bedrooms with an option to create a 3rd in each of them with a functioning pocket door closure. Hardwood floors throughout all of them, beautiful crown moldings, built in china cabinets and built in linen/dresser system are some more of the truly special detailing offered in each. Each unit has operating scone lights too! All knob and tube wiring was removed in the basement and new breaker panels were installed in 2015. Siding was painted in 2018. Half of the roof was replaced in spring of 2020 (roofer said other half in good condition and didn't need to be replaced). Back parking lot offers one spot for each unit. The two main level units are a mirror image of each offer and offer secured inside access to the basement area. The two upstairs units are a mirror of each other and have access to the basement too from a back of the building exterior secured door and also each have access to the attic space for storage. All tenants have their own laundry area in the basement and pay for their own washer and dryer. Basement is one open area under entire building. Each unit has their own hot water heater, their own steam heat boiler and are easily cooled with 2 ac window units. Owners pays the water and the tenants pay electric and gas. Building has recently had its City of Bloomington Rental Program Inspection and passed with flying colors! Own a piece of our town's history with this absolutely darling and fabulous building!
Last Agent to Sell the Property
BHHS Central Illinois, REALTORS License #471003669 Listed on: 08/31/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,839
Year Built
- Built in 1929
Lot Details
- Lot Dimensions are 60 x 115
- Paved or Partially Paved Lot
Home Design
- American Four Square Architecture
- Brick Foundation
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Parking Lot
- Off-Street Parking
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Porch
Schools
- Bent Elementary School
- Bloomington Jr High Middle School
- Bloomington High School
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
- Dimmitts Grove Subdivision
Building Details
- Insurance Expense $1,477
- Maintenance Expense $3,671
- Water Sewer Expense $4,490
- Gross Income $32,283
- Net Operating Income $18,737
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2021
Closed on
Oct 15, 2021
Sold by
3 Gen Enterprises Llc
Bought by
Stamler Colin
Seller's Agent
Tracy Haas Riley
BHHS Central Illinois, REALTORS
Buyer's Agent
Karen Wilson
Coldwell Banker Real Estate Group
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
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
$91,305
Avg. Annual Appreciation
6.26%
Original Mortgage
$274,500
Outstanding Balance
$254,792
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$166,513
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 |
|---|---|---|---|
| Stamler Colin | $330,000 | Mclean County Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stamler Colin | $274,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2021 10/21/21 | Sold | $330,000 | +1.5% | -- |
| 09/02/2021 09/02/21 | Pending | -- | -- | -- |
| 08/31/2021 08/31/21 | For Sale | $325,000 | -- | -- |
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 | $6,395 | $97,355 | $8,850 | $88,505 |
| 2022 | $6,395 | $75,247 | $6,840 | $68,407 |
| 2021 | $5,854 | $68,885 | $6,262 | $62,623 |
| 2020 | $5,839 | $68,885 | $6,262 | $62,623 |
| 2019 | $5,822 | $68,885 | $6,262 | $62,623 |
| 2018 | $5,521 | $65,605 | $5,964 | $59,641 |
| 2017 | $5,523 | $65,605 | $5,964 | $59,641 |
| 2016 | $5,514 | $65,605 | $5,964 | $59,641 |
| 2015 | $5,289 | $63,106 | $5,737 | $57,369 |
| 2014 | -- | $63,106 | $5,737 | $57,369 |
| 2013 | -- | $63,106 | $5,737 | $57,369 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Haas Riley
-
Kristen Oliver
Seller Co-Listing Agent in 2021
Kristen Oliver
BHHS Central Illinois, REALTORS
(309) 838-6082
176 Total Sales
-
Karen Wilson
Buyer's Agent in 2021
Karen Wilson
Coldwell Banker Real Estate Group
(309) 824-3436
222 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11200935
APN: 21-04-416-013
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