NOT LISTED FOR SALE

Estimated Value: $108,000 - $158,000

4 Beds
2 Baths
-- Sq Ft
0.87 Acres

Last Sold March 24, 2022

Last sale price $74,000

Est. 81% increase in value since last sale

Current estimated payment $937/month

72 Days on Market

About This Home

As of March 2022

Great investment opportunity located near Downtown Bloomington and Constitution Trail. Currently leased with great tenants. Updates in the last eight years include roof and windows. This is a great opportunity to become a landlord and have an immediate cash flow. Sold "as is"

Last Agent to Sell the Property

Emilio Torres

RE/MAX Rising License #475199810 Listed on: 12/14/2021

RE/MAX Rising

Last Buyer's Agent

Tracy Haas Riley

BHHS Central Illinois, REALTORS License #471003669

BHHS Central Illinois, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,142

Lot Details

  • 0.87

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Space is Owned

Schools

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

Additional Features

  • Lot Dimensions are 45x85
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,142

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 79900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

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

Lot Info

  • Lot Dimensions: 45X85
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 2141.84
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Mar 23, 2022
Sold by
Jackson Elizabeth A
Bought by
Red Spaces Llc
Seller's Agent
Emilio Torres
RE/MAX Rising
Buyer's Agent
Tracy Haas Riley
BHHS Central Illinois, REALTORS
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%
Current Estimated Value
$134,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,064
Avg. Annual Appreciation
17.00%
Original Mortgage
$118,400
Outstanding Balance
$45,756
Interest Rate
3.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$80,256

Purchase Details

Closed on
Mar 19, 2013
Sold by
Pemach Llc
Bought by
Jackson Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,257
Interest Rate
4.75%

Purchase Details

Closed on
Oct 31, 2012
Sold by
Dahmm Matthew W and Dahmm Victoria Lynch
Bought by
Pemach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.36%

Purchase Details

Closed on
Aug 6, 1999
Sold by
Harms Daniel W and Harms Rose Marie
Bought by
Dahmm Matthew W and Dahmm Victoria Lynch
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
Red Spaces Llc $74,000 Lyndel K Armstrong Ltd
Jackson Elizabeth A -- Alliance Land Title
Pemach Llc $45,000 Alliance Land Title
Dahmm Matthew W $45,000 None Available
Dahmm Matthew W $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Spaces Llc $118,400
Previous Owner Jackson Elizabeth A $48,634
Previous Owner Jackson Elizabeth A $53,257
Previous Owner Pemach Llc $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $74,000 -7.4% --
03/17/2022 03/17/22 For Sale $79,900 +8.0% --
03/10/2022 03/10/22 Off Market $74,000 -- --
02/25/2022 02/25/22 Pending -- -- --
02/24/2022 02/24/22 Pending -- -- --
02/20/2022 02/20/22 For Sale -- -- --
12/28/2021 12/28/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $79,900 -- --
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 $2,440 $33,183 $4,531 $28,652
2022 $2,440 $28,707 $3,920 $24,787
2021 $2,233 $26,280 $3,589 $22,691
2020 $2,142 $25,269 $3,451 $21,818
2019 $2,136 $25,269 $3,451 $21,818
2018 $2,127 $25,269 $3,451 $21,818
2017 $2,127 $25,269 $3,451 $21,818
2016 $2,124 $25,269 $3,451 $21,818
2015 $2,069 $24,689 $3,372 $21,317
2014 $1,902 $23,437 $3,372 $20,065
2013 -- $23,437 $3,372 $20,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11286306

Midwest Real Estate Data (MRED)

APN: 21-04-431-026