NOT LISTED FOR SALE

Estimated Value: $138,000 - $178,369

4 Beds
4 Baths
-- Sq Ft
6,795 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $120,000

Est. 28% increase in value since last sale

Current estimated payment $1,077/month

4 Days on Market

Highlights

  • American Four Square Architecture
  • Porch
  • Forced Air Heating System
  • Fenced Yard
  • Entrance Foyer
  • Paved or Partially Paved Lot

About This Home

As of March 2024

Good cash flow building in a central location. Close to downtown Bloomington and bus stops to every direction of town. Each unit is currently rented with 2 units having month-to-month leases and two units with leases expiring this year. This gives the new owner great flexibility in their plans for the units. Separated gas and electric meters that tenants pay for their gas and electricity. The building owner pays for water usage. No laundry facilities in the building but there is a laundromat just two doors down for easy tenant access. The back of the building parking lot gives nice off-street parking for the tenants. The building received a new roof just one year ago and overall the building is in good working order. Sold in as is condition, price is reflecting this.

Last Agent to Sell the Property

Tracy Haas Riley

BHHS Central Illinois, REALTORS License #471003669 Listed on: 01/30/2024

BHHS Central Illinois, REALTORS

Co-Listed By

Kristen Oliver

BHHS Central Illinois, REALTORS License #475131047

Last Buyer's Agent

Noelle Burns

RE/MAX Rising License #475143118

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,875

Year Built

  • Built in 1943

Lot Details

  • Lot Dimensions are 66x127
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • American Four Square Architecture
  • Brick Foundation
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

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

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Gross Income $27,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,875

Year Built

Built in 1943

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
  • Subdivision Name: Not Applicable
  • Year Built: 1943
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Room Type: Foyer
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Block, Brick/Mortar
  • List Price: 125000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned, Off Street, Alley Access, Parking Lot
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Schools

  • Elementary School: Irving Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School
  • Middle/Junior School District: 87

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66X127
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Multi Family

  • GrossIncome: 27420
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,Converted Residence

Tax Info

  • Tax Annual Amount: 2875.16
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Mar 15, 2024
Sold by
Schiesl Deborah
Bought by
Doogan Family Trust and Doogan
Seller's Agent
Tracy Haas Riley
BHHS Central Illinois, REALTORS
Buyer's Agent
Noelle Burns
RE/MAX Rising
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
34
Current Estimated Value
$153,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,092
Avg. Annual Appreciation
14.49%
Original Mortgage
$96,000
Outstanding Balance
$76,355
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$68,864

Purchase Details

Listed on
Jan 30, 2024
Closed on
Mar 4, 2024
Sold by
Sila Nadine and Sila Charles
Bought by
Schiesl Deborah
Seller's Agent
Tracy Haas Riley
BHHS Central Illinois, REALTORS
Buyer's Agent
Noelle Burns
RE/MAX Rising
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Outstanding Balance
$76,355
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$68,864

Purchase Details

Closed on
Sep 29, 2010
Sold by
First Step Realty Inc
Bought by
Sila Charles and Biesiada Walter
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
Doogan Family Trust $120,000 None Listed On Document
Schiesl Deborah -- None Listed On Document
Sila Charles $66,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doogan Family Trust $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $120,000 -4.0% --
02/04/2024 02/04/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $125,000 -- --
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 $2,854 $38,814 $4,851 $33,963
2022 $2,854 $33,578 $4,196 $29,382
2021 $2,612 $30,739 $3,841 $26,898
2020 $2,505 $29,556 $3,693 $25,863
2019 $2,498 $29,556 $3,693 $25,863
2018 $2,488 $29,556 $3,693 $25,863
2017 $2,488 $29,556 $3,693 $25,863
2016 $2,484 $29,556 $3,693 $25,863
2015 $1,871 $22,331 $3,693 $18,638
2014 $1,812 $22,331 $3,693 $18,638
2013 -- $22,331 $3,693 $18,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11968688

Midwest Real Estate Data (MRED)

APN: 21-04-159-001