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1201 North Oak Street

1201 North Oak Street, Bloomington, IL 61701
Sold Aug 02, 2022
$49,000
$39,200 by Old National Bank
Mortgage Due Aug 01, 2052
Sold Dec 05, 2012
$47,000
$37,600 by Pnc Mortgage Llc
Mortgage Due Dec 01, 2042
Local assessors in Bloomington, IL have categorized 1201 North Oak Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 3,817 square feet. The linear feet between the front and back of the lot was measured at 1,170 ft and the front of the lot was measured at 330 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1201 North Oak Street has a total of 1,341 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 665 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Lots of shingles that aren't wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1201 North Oak Street sold most recently in Jul 11, 2022 for a total of $49,000. If you work out the math, that's approximately a cost of $24.43 per sqft. Before that, the property was also sold for $47,000 in Nov 16, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,892 in taxes each year. 1201 North Oak Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,256. If we break it down further, the land itself was valued at $5,221. Improvements to the property, however, were assessed at a total of $17,035. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Exterior Walls Type: Single (not wood)
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 665
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,817
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,006
  • Gross Building Area: 2,006
  • Building Area: 1,341
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,341
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: L.D. YOUNGS SUB
  • Land Acres: 0.088
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L.D. YOUNGS SUB S150 W1/2 BLK 1 MAJORS NORTHWESTERN ADD LOT 2

Ownership

  • Current Owner : SERVIN ERIC
  • Current Owner 2: SERVIN GABRIELA
  • Previous Owner : GOBEN RONALD E
  • Owner Before Previous Owner: TROYER LOREN I
  • Owner Before Previous Owner 2: TROYER KATHRYN
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001303

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 14-33-355-011
  • Block: 1
  • Lot: 2
  • Meridian: SEC 33 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4895
  • Longitude: -88.9986

    Address

  • Full Address: 1201 N Oak St
  • Address - House Number: 1201
  • Street Direction: N
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C025
  • 4-Digit Zip Code: 1650
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,892
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 69
  • Final Value: 91,098
  • High Value: 111,480
  • Low Value: 70,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $39,200
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 02, 2022
  • First Open Lien Mortgage Loan Amount: $39,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $66,768
  • Market Land Value: $15,663
  • Market Improvement Value: $51,105

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,256
  • Assessed Land Value: $5,221
  • Assessed Improvements Value: $17,035

    Sales

  • Current Sale Contract Date: Jul 11, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11893453804
  • Current Sale Price: $49,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13670
  • Previous Sale Recording Date: Dec 05, 2012
  • Previous Sale Contract Date: Nov 16, 2012
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD NATIONAL BANK
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $39,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PNC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 05, 2012
  • Previous Mortgage Loan Amount: $37,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2042

About Northwest Union



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Frequently Asked Questions

What neighborhood is 1201 North Oak Street located in?
The 1201 North Oak Street is a house located in the neighborhood of Northwest Union in Northwest Union, Bloomington.
What is the average sales price for listings in 1201 North Oak Street?
The average sales price for units in 1201 North Oak Street is $0 currently.

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