NOT LISTED FOR SALE

Estimated Value: $141,000 - $233,000

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

Last Sold December 18, 2020

Last sale price $115,000

Est. 67% increase in value since last sale

Current estimated payment $1,297/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
  • SomePhotosVirtuallyStaged: No
  • 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
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Laundry Hook-Up

Exterior Features

  • 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

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

Closed on
Apr 14, 2022
Sold by
Lucas Morrison
Bought by
Green Trail Rentals Llc
Current Estimated Value
$191,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Outstanding Balance
$153,297
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$38,370

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$97,750
Interest Rate
2.87%
Mortgage Type
New Conventional
Source: Public Records
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

Date Buyer Sale Price Title Company
Green Trail Rentals Llc $190,000 Julia Davis Law Firm Llc
Morrison Lucas $115,000 Ftc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Trail Rentals Llc $164,000
Previous Owner Morrison Lucas $97,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10805876

Midwest Real Estate Data (MRED)

APN: 21-04-309-010