NOT LISTED FOR SALE

Estimated Value: $138,000 - $210,000

6 Beds
4 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $115,000

Est. 44% increase in value since last sale

Current estimated payment $1,205/month

89 Days on Market

About This Home

As of December 2020

Great Investment opportunity! 2 Units, each with 3 Bed 1.5 Baths. Massive bedrooms, open living room/dining area and good sized kitchen. Solid building and Tenants pay all utilities w/ washer and dryer hookups in each unit.

Last Agent to Sell the Property

Mark Bowers

BHHS Central Illinois, REALTORS License #471003510 Listed on: 08/04/2020

BHHS Central Illinois, REALTORS

Co-Listed By

Patrick Kniery

RE/MAX Rising License #475166295

Last Buyer's Agent

Jared Litwiller

Freedom Realty License #475155972

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,130

Year Built

  • Built in 1935

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x118

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,130

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1935
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Laundry Hook-Up

Exterior Features

  • List Price: 125000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Irving Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School
  • Middle/Junior School District: 87

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 50X118
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3130.42
  • Tax Year: 2018

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s,Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Dec 18, 2020
Sold by
Palmer Marvin K and Barnes Palmer Dorri
Bought by
Morrison Lucas
Seller's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
Buyer's Agent
Jared Litwiller
Freedom Realty
List Price
$150,000
Sold Price
$115,000
Premium/Discount to List
-$35,000
-23.33%
Current Estimated Value
$165,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,667
Avg. Annual Appreciation
10.54%
Original Mortgage
$97,750
Outstanding Balance
$88,071
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$95,929
Source: Public Records

Range of Values:

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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
Morrison Lucas $115,000 Ftc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Lucas $97,750
Previous Owner Palmer Marvin K $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $115,000 -8.0% --
11/01/2020 11/01/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $125,000 -16.7% --
08/04/2020 08/04/20 For Sale $150,000 -- --
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 $3,626 $55,193 $4,671 $50,522
2022 $3,626 $42,661 $3,611 $39,050
2021 $3,319 $39,054 $3,306 $35,748
2020 $3,310 $39,054 $3,306 $35,748
2019 $3,301 $39,054 $3,306 $35,748
2018 $3,130 $37,195 $3,149 $34,046
2017 $3,131 $37,195 $3,149 $34,046
2016 $3,126 $37,195 $3,149 $34,046
2015 $2,998 $35,778 $3,029 $32,749
2014 -- $35,778 $3,029 $32,749
2013 -- $35,778 $3,029 $32,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10805876

Midwest Real Estate Data (MRED)

APN: 21-04-309-010