NOT LISTED FOR SALE

607 W Jefferson St Bloomington, IL 61701

West Bloomington Neighborhood

Estimated Value: $124,000 - $175,405

7 Beds
5 Baths
-- Sq Ft
1932 Built

Last Sold March 25, 2024

Last sale price $165,000

Est. 6% decrease in value since last sale

Current estimated payment $1,050/month

6 Days on Market

About This Home

As of March 2024

All brick 5-unit home a few blocks to downtown Bloomington, access to shopping and lots of restaurants. Don't miss out on this opportunity! Lots of original hardwood flooring and doors, large covered front and back porch. Boiler Heat, 24 hour notice required for showings. Sold As Is

Last Agent to Sell the Property

Cindy Eckols

RE/MAX Choice License #475130274 Listed on: 02/13/2024

Co-Listed By

Denise Evans

RE/MAX Choice License #475180363

Last Buyer's Agent

Steve Abdullah

Brilliant Real Estate License #475188859

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,378

Year Built

  • Built in 1932

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 70 x 120
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $140
  • Fuel Expense $200
  • Insurance Expense $2,700
  • Water Sewer Expense $3,300
  • Operating Expense $13,228
  • Gross Income $37,380
  • Net Operating Income $22,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,378

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1932
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Room: 1
  • Room: 1
  • Room: 0

Exterior Features

  • List Price: 179900

Utilities

  • Heat/Ventilation: Hot Water

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Water Sewer Expenses: 3300
  • Janitor Expense: 600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 70 X 120
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 23

Multi Family

  • Net Operating Income: 22752
  • Fuel Expense: 200
  • Insurance Expense: 2700
  • ElectricExpense: 140
  • GrossIncome: 37380
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 13228
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 2378
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 20, 2024
Sold by
Dotson Bernard and Dotson Rearn M
Bought by
Qiao Rengui
Seller's Agent
Cindy Eckols
RE/MAX Choice
Buyer's Agent
Steve Abdullah
Brilliant Real Estate
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Views
52
Current Estimated Value
$155,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,899
Avg. Annual Appreciation
-4.58%
Original Mortgage
$132,000
Outstanding Balance
$105,059
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$50,042

Purchase Details

Listed on
Dec 5, 2015
Closed on
Apr 27, 2016
Sold by
Dotson Bernard
Bought by
Dotson Rearn M and Dotson D
Seller's Agent
Caroline Bird
Coldwell Banker Real Estate Group
Buyer's Agent
Nate Alexander
BHHS Central Illinois, REALTORS
List Price
$67,900
Sold Price
$48,000
Premium/Discount to List
-$19,900
-29.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%
Original Mortgage
$52,800
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2015
Closed on
Apr 1, 2016
Sold by
Fannie Mae
Bought by
Dotson Bernard
Seller's Agent
Caroline Bird
Coldwell Banker Real Estate Group
Buyer's Agent
Nate Alexander
BHHS Central Illinois, REALTORS
List Price
$67,900
Sold Price
$48,000
Premium/Discount to List
-$19,900
-29.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2015
Sold by
Dover Egerton and Dover Rhonda K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 2, 2007
Sold by
Dover Rhonda K
Bought by
Dover Egerton M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Qiao Rengui $165,000 Alliance Land Title
Dotson Rearn M -- --
Dotson Bernard -- None Available
Federal National Mortgage Association -- Attorney
Dover Egerton M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiao Rengui $132,000
Previous Owner Dotson Bernard $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $165,000 -8.3% --
02/22/2024 02/22/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $179,900 +274.8% --
04/13/2016 04/13/16 Sold $48,000 -29.3% --
03/25/2016 03/25/16 Pending -- -- --
12/05/2015 12/05/15 For Sale $67,900 -- --
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 $2,292 $31,178 $5,722 $25,456
2023 $2,292 $30,170 $5,537 $24,633
2022 $2,292 $26,972 $4,950 $22,022
2021 $2,098 $24,691 $4,531 $20,160
2020 $2,012 $23,742 $4,357 $19,385
2019 $2,006 $23,742 $4,357 $19,385
2018 $1,998 $23,742 $4,357 $19,385
2017 $1,178 $13,990 $4,357 $9,633
2016 $1,176 $13,990 $4,357 $9,633
2015 $2,399 $34,622 $4,357 $30,265
2014 $2,322 $34,622 $4,357 $30,265
2013 -- $34,622 $4,357 $30,265
Source: Public Records

Agents Affiliated with this Home

  • Cindy Eckols

    Seller's Agent in 2024

    Cindy Eckols

    RE/MAX

    (309) 532-1616

    35 in this area

    905 Total Sales

    Cindy Eckols
    Section Image
  • Denise Evans

    Seller Co-Listing Agent in 2024

    Denise Evans

    RE/MAX

    (309) 532-2763

    4 in this area

    68 Total Sales

    Denise Evans
    Section Image
  • Steve Abdullah

    Buyer's Agent in 2024

    Steve Abdullah

    Brilliant Real Estate

    (309) 287-6753

    3 in this area

    41 Total Sales

    Steve Abdullah
    Section Image
  • Caroline Bird

    Seller's Agent in 2016

    Caroline Bird

    Coldwell Banker Real Estate Group

    (309) 261-0999

    10 in this area

    205 Total Sales

    Caroline Bird
    Section Image

  • N

    Buyer's Agent in 2016

    Nate Alexander

    BHHS Central Illinois, REALTORS

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11981814

Midwest Real Estate Data (MRED)

APN: 21-04-301-028

Illinois Mclean County Bloomington 61701 West Bloomington

607 W Jefferson St, Bloomington, IL

This home is located at 607 W Jefferson St, Bloomington, IL 61701 since 13 February 2024 and is currently estimated at $155,101. This property was built in 1932. 607 W Jefferson St is a home located in McLean County with nearby schools including Sheridan Elementary School, Bloomington Junior High School, and Bloomington High School.

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