NOT LISTED FOR SALE

516 N Lee St Bloomington, IL 61701

West Bloomington Neighborhood

Estimated Value: $99,000 - $139,268

4 Beds
4 Baths
-- Sq Ft
7,754 Sq Ft Lot Lot

Sale Details

Date Sold: June 20, 2016

Last sale price $51,000

Est. 132% increase in value since last sale

Current estimated payment $804 / mo

180 Days on Market

About This Home

As of June 2016

Fully Rented! 2 updated bathrooms. Tenants pay electric and cooking gas. Stove and refrigerators with each unit. Microwaves and window A/c units belong to tenants. Furnace and windows 1997, water heater 2013, roof 2013. Units are partially furnished. No garbage pick up, tenant takes care of it. Owner pays water and gas, and gas for unit 1 only. Sold "as is". Large corner lot, includes large garden area and fruit tree.

Last Agent to Sell the Property

Bev Virgil

Coldwell Banker Real Estate Group License #475130017 Listed on: 10/08/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Bev Virgil

Coldwell Banker Real Estate Group License #475130017 Listed on: 10/08/2015

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 66x117
  • Landscaped Professionally

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Schools

  • Irving Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,850

Year Built

Built in 1930

Lot Details

7,754 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: NOT APPLICABLE
  • Year Built: 1930
  • Age: 81-90 Years
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Lot Features: Landscaped
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 5
  • 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

Schools

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

Lot Info

  • Lot Dimensions: 66X117

Rental Info

  • Board Number: 23
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 1850
  • Tax Year: 14

Multi Family

  • Units in Building: 4
  • Type-Multi: 2 Story Unit/s,Converted Residence,Other

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

Closed on
Mar 25, 2024
Sold by
Bought by
Current Estimated Value
$118,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2015
Closed on
Jun 20, 2016
Sold by
Bought by
Seller's Agent
Bev Virgil
Coldwell Banker Real Estate Group
Buyer's Agent
Bev Virgil
Coldwell Banker Real Estate Group
List Price
$57,500
Sold Price
$51,000
Premium/Discount to List
-$6,500
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$40,800
Interest Rate
3.25%

Purchase Details

Listed on
Oct 8, 2015
Closed on
May 16, 2016
Sold by
Bought by
Seller's Agent
Bev Virgil
Coldwell Banker Real Estate Group
Buyer's Agent
Bev Virgil
Coldwell Banker Real Estate Group
List Price
$57,500
Sold Price
$51,000
Premium/Discount to List
-$6,500
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
3.25%

Purchase Details

Closed on
Feb 13, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
-- None Listed On Document
$51,000 Mclean County Title
$51,000 None Available
-- None Available
-- Chicago Title
-- Mclean County Title
-- Mclean County Title
-- 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
Previous Owner $87,500
Previous Owner $40,800
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
06/20/2016 06/20/16 Sold $51,000 -11.3% --
04/05/2016 04/05/16 Pending -- -- --
10/08/2015 10/08/15 For Sale $57,500 -- --
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 $1,971 $26,472 $5,659 $20,813
2024 $1,787 $24,307 $5,196 $19,111
2022 $1,787 $21,028 $4,495 $16,533
2021 $1,636 $19,250 $4,115 $15,135
2020 $1,554 $18,333 $3,919 $14,414
2019 $1,042 $18,333 $3,919 $14,414
2018 $1,038 $18,333 $3,919 $14,414
2017 $1,038 $18,333 $3,919 $14,414
2016 $1,541 $18,333 $3,919 $14,414
2015 $1,902 $22,697 $3,919 $18,778
2014 $1,842 $22,697 $3,919 $18,778
2013 -- $22,697 $3,919 $18,778
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bev Virgil

    Coldwell Banker Real Estate Group

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10209824

Midwest Real Estate Data (MRED)

APN: 21-04-157-011

Illinois Mclean County Bloomington 61701 West Bloomington

516 N Lee 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.