NOT LISTED FOR SALE

Estimated Value: $124,583 - $146,000

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold March 30, 2020

Last sale price $74,000

Est. 82% increase in value since last sale

Current estimated payment $884/month

10 Days on Market

About This Home

As of March 2020

Updated 2 unit investment property. Fully rented. Newer mechanicals, roof, chimney liner, interior paint, vinyl siding. 2 furnaces, 2 central air. Excellent first time investor property. 13.5 % cap rate. Most everything has been repaired, improved and upgraded on this property. Owner is moving out of town....Lowered 20%! Bring an offer.

Last Agent to Sell the Property

Dan Slagell

RE/MAX Choice License #471002598 Listed on: 02/28/2020

Last Buyer's Agent

Marti Ryan

Vesta Real Estate LLC License #471020484

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x115

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,965

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Brick/Mortar
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4
  • 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: Irving Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 60X115
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 1965
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Mar 30, 2020
Sold by
Smith Roger K
Bought by
Johnson Brian D
Seller's Agent
Dan Slagell
RE/MAX Choice
Buyer's Agent
Marti Ryan
Vesta Real Estate LLC
List Price
$78,500
Sold Price
$74,000
Premium/Discount to List
-$4,500
-5.73%
Current Estimated Value
$134,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,396
Avg. Annual Appreciation
10.82%
Original Mortgage
$57,751
Interest Rate
3.4%
Mortgage Type
Unknown
Source: Public Records
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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
Johnson Brian D $74,000 Illinois Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Johnson Brian D $57,751
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $74,000 -5.7% --
03/09/2020 03/09/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $78,500 -- --
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 $2,255 $30,667 $7,958 $22,709
2022 $2,255 $26,530 $6,884 $19,646
2021 $2,064 $24,287 $6,302 $17,985
2020 $1,979 $23,353 $6,060 $17,293
2019 $1,974 $23,353 $6,060 $17,293
2018 $1,965 $23,353 $6,060 $17,293
2017 $1,966 $23,353 $6,060 $17,293
2016 $1,963 $23,353 $6,060 $17,293
2015 $1,957 $23,353 $6,060 $17,293
2014 $1,895 $23,353 $6,060 $17,293
2013 -- $23,353 $6,060 $17,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10650769

Midwest Real Estate Data (MRED)

APN: 21-08-228-005