NOT LISTED FOR SALE

618 E Mulberry St Bloomington, IL 61701

Near East Neighborhood

Estimated Value: $132,000 - $180,594

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

Sale Details

Date Sold: March 29, 2023

Last sale price $127,500

Est. 25% increase in value since last sale

Current estimated payment $1,199 / mo

6 Days on Market

Highlights

  • Traditional Architecture
  • Paved or Partially Paved Lot
  • 4-minute walk to Atwood Wayside Park
  • Baseboard Heating

About This Home

As of March 2023

4-unit income property. All one-bedroom units. Fully rented. Owner pays gas & water. Central location in Bloomington, IL near constitution trail. Some off-street parking.

Last Agent to Sell the Property

Richard Newberry

Denbesten Real Estate License #471010454 Listed on: 02/13/2023

Last Buyer's Agent

Seth Couillard

Couillard and Company License #475139043

Couillard and Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,466

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x130
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Cellar

Parking

  • 3 Parking Spaces
  • Alley Access
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Schools

  • Washington Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Baseboard Heating
  • Gas Water Heater

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $560
  • Fuel Expense $1,295
  • Insurance Expense $1,150
  • Maintenance Expense $1,544
  • Trash Expense $1,090
  • Water Sewer Expense $868
  • Net Operating Income $14,427

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,466

Year Built

Built in 1920

Lot Details

5,227 Sq Ft Lot

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: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: Water Heater-Gas
  • Basement Description: Unfinished,Cellar,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Brick/Mortar
  • Lot Features: None, Sidewalks, Streetlights
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned, Off Street, Alley Access
  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 1090
  • Water Sewer Expenses: 868
  • Other Expenses $: 75

Schools

  • Elementary School: Washington Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 40X130
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 14427
  • Fuel Expense: 1295
  • Insurance Expense: 1150
  • ElectricExpense: 560
  • Maintenance Expense: 1544
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Tax Info

  • Tax Annual Amount: 3465.9
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 29, 2023
Sold by
Modine James
Bought by
Prakasam Anitha
Seller's Agent
Richard Newberry
Denbesten Real Estate
Buyer's Agent
Seth Couillard
Couillard and Company
List Price
$135,000
Sold Price
$127,500
Premium/Discount to List
-$7,500
-5.56%
Views
84
Current Estimated Value
$159,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,899
Avg. Annual Appreciation
7.62%
Original Mortgage
$1,300,000
Outstanding Balance
$585,357
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
-$425,958

Purchase Details

Closed on
Aug 25, 2022
Sold by
Kristin Stanley
Bought by
Modine James A

Purchase Details

Closed on
Aug 24, 2022
Sold by
Modine James A
Bought by
Modine James A and Modine Janice L
Source: Public Records
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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
Prakasam Anitha $127,500 None Listed On Document
Modine James A -- None Listed On Document
Modine James A -- None Listed On Document
Modine James A -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prakasam Anitha $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $127,500 -5.6% --
02/20/2023 02/20/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $135,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $4,175 $56,081 $5,260 $50,821
2024 $3,786 $51,495 $4,830 $46,665
2022 $3,786 $44,550 $4,179 $40,371
2021 $3,466 $40,782 $3,825 $36,957
2020 $3,324 $39,214 $3,678 $35,536
2019 $3,314 $39,214 $3,678 $35,536
2018 $3,300 $39,214 $3,678 $35,536
2017 $3,301 $39,214 $3,678 $35,536
2016 $3,296 $39,214 $3,678 $35,536
2015 $3,286 $39,214 $3,678 $35,536
2014 $3,182 $39,214 $3,678 $35,536
2013 -- $39,214 $3,678 $35,536
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Newberry

    Denbesten Real Estate

    Section Image
  • Seth Couillard

    Buyer's Agent in 2023

    Seth Couillard

    Couillard and Company

    (309) 530-1442

    13 in this area

    412 Total Sales

    Seth Couillard
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11718013

Midwest Real Estate Data (MRED)

APN: 21-04-277-021

Illinois Mclean County Bloomington 61701 Near East

618 E Mulberry St, Bloomington, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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