NOT LISTED FOR SALE

Estimated Value: $140,000 - $264,000

3 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 29, 2020

Last sale price $125,000

Est. 58% increase in value since last sale

Current estimated payment $1,344/month

13 Days on Market

Highlights

  • American Four Square Architecture
  • Porch
  • Forced Air Heating System

About This Home

As of June 2020

Great income producing duplex! Both sides leased, Both units have 3 bedrooms & 1 1/2 baths with laundry hook ups in units! Well maintained with wood floors & nice kitchens. Off street parking spaces & small yard in back. Newer kitchen cabinets in one unit, newer roof!

Last Agent to Sell the Property

John Albee

BHHS Central Illinois, REALTORS License #475071164 Listed on: 03/28/2020

BHHS Central Illinois, REALTORS

Co-Listed By

Melissa Dittbenner

BHHS Central Illinois, REALTORS License #475175689

Last Buyer's Agent

Mark Bowers

BHHS Central Illinois, REALTORS License #471003510

BHHS Central Illinois, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1995

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 116

Home Design

  • American Four Square Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Porch

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $870
  • Maintenance Expense $1,438
  • Professional Management Expense $75
  • Gross Income $19,200
  • Net Operating Income $12,594

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,223

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Professional Management Expense: 75
  • Subdivision Name: Not Applicable
  • Year Built: 1995
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Porch
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • 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

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

Schools

  • Elementary School: Irving Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington High School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 40 X 116
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Multi Family

  • Net Operating Income: 12594
  • Insurance Expense: 870
  • GrossIncome: 19200
  • Maintenance Expense: 1438
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4223.36
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Lutterbie Joseph and Lutterbie Sarah
Bought by
Falcon Rentals Llc
Current Estimated Value
$197,409

Purchase Details

Listed on
Mar 28, 2020
Closed on
Jun 29, 2020
Sold by
Emmanuel Israel Ayodele and Emmanuel Victoria
Bought by
Lutterbie Jospeh and Lutterbie Sarah
Seller's Agent
John Albee
BHHS Central Illinois, REALTORS
Buyer's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
List Price
$134,500
Sold Price
$125,000
Premium/Discount to List
-$9,500
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$93,750
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Falcon Rentals Llc -- None Available
Lutterbie Jospeh $125,000 Alliance Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lutterbie Jospeh $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $125,000 -7.1% --
04/10/2020 04/10/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $134,500 +7.6% --
04/01/2020 04/01/20 Off Market $125,000 -- --
03/28/2020 03/28/20 For Sale $134,500 -- --
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 $3,868 $58,887 $2,536 $56,351
2022 $3,868 $45,516 $1,960 $43,556
2021 $3,541 $41,667 $1,794 $39,873
2020 $4,253 $50,181 $1,794 $48,387
2019 $4,241 $50,181 $1,794 $48,387
2018 $4,223 $50,181 $1,794 $48,387
2017 $4,225 $50,181 $1,794 $48,387
2016 $4,217 $50,181 $1,794 $48,387
2015 $4,045 $48,269 $1,726 $46,543
2014 $3,917 $48,269 $1,726 $46,543
2013 -- $48,269 $1,726 $46,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10678932

Midwest Real Estate Data (MRED)

APN: 21-04-365-008