NOT LISTED FOR SALE

9 Currency Dr Bloomington, IL 61704

2 Beds
-- Bath
59,668 Sq Ft
0.41 Acres

Last Sold November 30, 2012

Last sale price $2,852,500 $48 Per Sq Ft

619 Days on Market

Highlights

  • Central Air
  • Normal Community High School Rated A-
  • 2-minute walk to MassVR - Beyond Reality

About This Home

As of November 2012

Additonal Tax I.D: 21-15-103-008. 1 bedrooms are gas heat, 2 bedrooms are electric heat. Owner pays water and tenants pay electri & gas. Great location, well-maintained.

Last Agent to Sell the Property

Cindy Eckols

RE/MAX Choice License #475130274 Listed on: 01/17/2011

Last Buyer's Agent

BNAR Conversion Agent

BNAR Conversion Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $72,850

Year Built

  • Built in 1995

Lot Details

  • 0.41

Home Design

  • 59,668 Sq Ft Home
  • Slab Foundation

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for gas, electricity

Community Details

Overview

  • 63 Units

Building Details

  • Electric Expense $7,748
  • Fuel Expense $2,611
  • Insurance Expense $11,807
  • Maintenance Expense $12,303
  • Manager Expense $16,765
  • Other Expense $4,375
  • Water Sewer Expense $19,590
  • Operating Expense $201,157
  • Net Operating Income $12,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$72,850

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats,Condo/Townhouse
  • Year Built: 1995
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Slab,None
  • Misc Inside: Inside Corridor/s

Exterior Features

  • List Price: 3250000
  • Exterior Building Type: Vinyl Siding,Brick
  • Misc Outside: Patio,Sun Deck

Garage/Parking

  • Outdoor Parking: 51-100 Spaces

Utilities

  • Cooling: Central Air
  • Utilities: Water-Municipal, Sanitary Sewer

Condo/Co-op/Association

  • Manager Expense: 16765
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 19590

Lot Info

  • Lot Dimensions: 0
  • Land Amenities: Security Entrance

Rental Info

  • Tenant Pays: Gas, Electricity
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 59668

Multi Family

  • Net Operating Income: 12360
  • Fuel Expense: 2611
  • Insurance Expense: 11807
  • ElectricExpense: 7748
  • Maintenance Expense: 12303
  • NumberOfUnitsTotal: 63
  • OperatingExpense: 201157
  • Expense Year: 11
  • Type Multi-Family: Flats,Condo/Townhouse

Tax Info

  • Tax Annual Amount: 72850
  • Tax Year: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2011
Closed on
Nov 30, 2012
Sold by
Nokestraw Llc
Bought by
Srim Llc
Seller's Agent
Cindy Eckols
RE/MAX Choice
Buyer's Agent
BNAR Conversion Agent
BNAR Conversion Office
List Price
$3,690,000
Sold Price
$2,852,500
Premium/Discount to List
-$837,500
-22.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Outstanding Balance
$3,116,297
Interest Rate
3.36%

Purchase Details

Closed on
Sep 23, 2010
Sold by
Cip Llc
Bought by
Nokestraw Llc

Purchase Details

Closed on
Feb 15, 2010
Sold by
Mma Ii Llc
Bought by
Cip Llc
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
Srim Llc $2,821,000 None Available
Nokestraw Llc $1,201,000 None Available
Cip Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srim Llc $4,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $2,852,500 -22.7% $48 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
01/17/2011 01/17/11 For Sale $3,690,000 -- $62 / Sq Ft
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 $22,201 $338,279 $34,316 $303,963
2022 $22,201 $255,190 $25,887 $229,303
2021 $21,251 $241,549 $24,503 $217,046
2020 $21,273 $241,549 $24,503 $217,046
2019 $20,575 $241,549 $24,503 $217,046
2018 $20,256 $236,813 $24,023 $212,790
2017 $19,377 $236,813 $24,023 $212,790
2016 $19,311 $236,813 $24,023 $212,790
2015 $18,552 $227,791 $23,108 $204,683
2014 $18,341 $227,791 $23,108 $204,683
2013 -- $227,791 $23,108 $204,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10195278

Midwest Real Estate Data (MRED)

APN: 21-15-103-020