NOT LISTED FOR SALE

Estimated Value: $110,000 - $126,188

3 Beds
3 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold October 26, 2020

Last sale price $67,000

Est. 80% increase in value since last sale

Current estimated payment $837/month

1,004 Days on Market

Highlights

  • Mature Trees
  • Patio
  • Wood Siding
  • Deck
  • Forced Air Heating System

About This Home

As of October 2020

Great East side 3 unit investment rental property. All first floor units with plenty of off street parking. On-Site coin laundry, Roof (2015), New Water Line and Sewer Line To Unit (2012), New Electric (2003) All units are rented. 3rd unit has been completely remodeled in the last year.

Last Agent to Sell the Property

Kristy Allred

Coldwell Banker Real Estate Group License #475160384 Listed on: 12/12/2017

Coldwell Banker Real Estate Group

Last Buyer's Agent

April Bauchmoyer

RE/MAX Rising License #475128419

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 60 x 115
  • Mature Trees

Home Design

  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Partial Basement

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,908

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1950
  • Age: 61-70 Years
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Patio, Deck
  • List Price: 79900
  • Lot Features: Mature Trees
  • Exterior Building Type: Wood Siding

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, 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
  • Middle/Junior School District: 87

Lot Info

  • Lot Dimensions: 60 X 115

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 1908
  • Tax Year: 2016

Multi Family

  • Units in Building: 3
  • Type-Multi: 1 Story Unit/s,3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
Oct 12, 2020
Sold by
Wells Michael D
Bought by
Ross Lucas J
Seller's Agent
Kristy Allred
Coldwell Banker Real Estate Group
Buyer's Agent
April Bauchmoyer
RE/MAX Rising
List Price
$79,900
Sold Price
$67,000
Premium/Discount to List
-$12,900
-16.15%
Current Estimated Value
$120,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,297
Avg. Annual Appreciation
11.78%
Original Mortgage
$50,250
Outstanding Balance
$45,097
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$69,876

Purchase Details

Closed on
Sep 20, 2012
Sold by
Wells Lisa K
Bought by
Wells Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,892
Interest Rate
3.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 29, 2005
Sold by
Heimann Mark A
Bought by
Wells Michael D and Wells Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,560
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Ross Lucas J $67,000 Mclean County Title
Wells Michael D -- None Available
Wells Michael D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Lucas J $50,250
Previous Owner Wells Michael D $66,128
Previous Owner Wells Michael D $71,892
Previous Owner Wells Michael D $79,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $67,000 -16.1% --
09/11/2020 09/11/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $79,900 +19.3% --
10/31/2019 10/31/19 Off Market $67,000 -- --
07/31/2019 07/31/19 Price Changed $79,900 -7.5% --
07/02/2019 07/02/19 Price Changed $86,400 -3.9% --
12/12/2017 12/12/17 For Sale $89,900 -- --
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 $2,192 $29,809 $7,274 $22,535
2022 $2,192 $25,788 $6,293 $19,495
2021 $2,006 $23,608 $5,761 $17,847
2020 $1,924 $22,700 $5,539 $17,161
2019 $1,918 $22,700 $5,539 $17,161
2018 $1,911 $22,700 $5,539 $17,161
2017 $1,911 $22,700 $5,539 $17,161
2016 $1,908 $22,700 $5,539 $17,161
2015 $1,902 $22,700 $5,539 $17,161
2014 $1,842 $22,700 $5,539 $17,161
2013 -- $22,700 $5,539 $17,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10248187

Midwest Real Estate Data (MRED)

APN: 21-04-282-018