NOT LISTED FOR SALE

713 W Locust St Bloomington, IL 61701

Northwest Neighborhood

Estimated Value: $114,784 - $154,000

4 Beds
3 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold December 05, 2014

Last sale price $70,000

Est. 92% increase in value since last sale

Current estimated payment $873/month

20 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Forced Air Heating System
  • Mature Trees

About This Home

As of December 2014

Great income property. Owner retiring.

Last Agent to Sell the Property

Steve Sovereign

Coldwell Banker Real Estate Group License #475129006 Listed on: 10/19/2014

Coldwell Banker Real Estate Group

Last Buyer's Agent

Danell Moberly

RE/MAX Rising License #475142003

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,783

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 50x156
  • Landscaped Professionally
  • Mature Trees

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Schools

  • Sheridan Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck

Community Details

Overview

  • 3 Units

Building Details

  • Maintenance Expense $500
  • Manager Expense $2,000
  • Gross Income $19,200
  • Net Operating Income $8,617

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,783

Year Built

Built in 1930

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: NOT APPLICABLE
  • Year Built: 1930
  • Age: 81-90 Years
  • Legal Description: WESTERN ADD 10 10
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Lot Features: Mature Trees, Landscaped
  • Exterior Building Type: Vinyl Siding,Aluminum Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Manager Expense: 2000
  • Conversion YN: N

Schools

  • Elementary School: SHERIDAN ELEMENTARY
  • High School: BLOOMINGTON HIGH SCHOOL
  • Middle/Junior School: BLOOMINGTON JR HIGH

Lot Info

  • Lot Dimensions: 50X156

Rental Info

  • Board Number: 23

Multi Family

  • Net Operating Income: 8617
  • GrossIncome: 19200
  • Maintenance Expense: 500
  • Units in Building: 3
  • Type-Multi: 2 Story Unit/s,3 Flat

Tax Info

  • Tax Annual Amount: 1783
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2014
Closed on
Dec 5, 2014
Sold by
Wylie Wesley and Wylie Connie
Bought by
Gmtk Management Llc
Seller's Agent
Steve Sovereign
Coldwell Banker Real Estate Group
Buyer's Agent
Danell Moberly
RE/MAX Rising
List Price
$76,000
Sold Price
$70,000
Premium/Discount to List
-$6,000
-7.89%
Current Estimated Value
$134,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,446
Avg. Annual Appreciation
5.96%
Original Mortgage
$56,000
Interest Rate
3.99%
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
Gmtk Management Llc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gmtk Management Llc $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $70,000 -7.9% --
11/08/2014 11/08/14 Pending -- -- --
10/19/2014 10/19/14 For Sale $76,000 -- --
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
2024 $2,177 $29,609 $4,824 $24,785
2022 $2,177 $25,615 $4,173 $21,442
2021 $1,993 $23,449 $3,820 $19,629
2020 $1,893 $22,332 $3,638 $18,694
2019 $1,887 $22,332 $3,638 $18,694
2018 $1,880 $22,332 $3,638 $18,694
2017 $1,880 $22,332 $3,638 $18,694
2016 $1,877 $22,332 $3,638 $18,694
2015 $1,872 $22,332 $3,638 $18,694
2014 $1,812 $22,332 $3,638 $18,694
2013 -- $22,332 $3,638 $18,694
Source: Public Records

Agents Affiliated with this Home

  • Steve Sovereign

    Seller's Agent in 2014

    Steve Sovereign

    Coldwell Banker Real Estate Group

    (309) 826-4646

    6 in this area

    149 Total Sales

    Steve Sovereign
    Section Image
  • Danell Moberly

    Buyer's Agent in 2014

    Danell Moberly

    RE/MAX

    (309) 275-9815

    2 in this area

    161 Total Sales

    Danell Moberly
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10209764

Midwest Real Estate Data (MRED)

APN: 21-04-110-014

Illinois Mclean County Bloomington 61701 Northwest

713 W Locust 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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