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29 Reading Road

29 Reading Road, Bloomington, IL 61701
Property in Bloomington City
Sold Nov 04, 2015
$158,000
$155,138 by Mortgage Services Iii Llc
Mortgage Due Nov 01, 2045
Sold Dec 10, 2010
$129,500
Buyer
Seller
$103,600 by Busey Bank
Mortgage Due Jan 01, 2041
29 Reading Road has been categorized by the local assessors in Bloomington, IL as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 29 Reading Road has 2,130 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 642 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,020 ft and across the front of the lot is 760 ft. The area measurement of the land has been determined as 7,154 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 438 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 29 Reading Road sold most recently in Oct 30, 2015 for a total of $158,000. If you work out the math, that's approximately a cost of $60.54 per sqft. Before that, the property was also sold for $129,500 in Dec 1, 2010. 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 $4,253 in taxes each year. 29 Reading Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $54,133. If we break it down further, the land itself was valued at $10,908. Improvements to the property, however, were assessed at a total of $43,225. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 642
  • Garage Type: Attached
  • Garage Square Area: 438
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,154
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,610
  • Gross Building Area: 2,610
  • Building Area: 2,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,130
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLACE
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK PLACE NO 4 LOT 611

Ownership

  • Current Owner : ERBE SCOTT R
  • Current Owner 2: ERBE JANE A
  • Previous Owner : LIMING WENDY
  • Owner Before Previous Owner: BELLIS GRANT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001403

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 14-32-104-011
  • Lot: 611
  • Meridian: SEC 32 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.5001
  • Longitude: -89.0166

    Address

  • Full Address: 29 Reading Rd
  • Address - House Number: 29
  • Address - Street Name: Reading
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R007
  • 4-Digit Zip Code: 1457
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,253
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 229,857
  • High Value: 273,992
  • Low Value: 185,722

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $190,138
  • First Open Lien Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Open Lien Mortgage Recording Date: Nov 04, 2015
  • First Open Lien Mortgage Loan Amount: $155,138
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2045
  • Second Open Lien Mortgage Lender: IQ CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Apr 21, 2023
  • Second Open Lien Mortgage Loan Amount: $35,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $162,399
  • Market Land Value: $32,724
  • Market Improvement Value: $129,675

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,133
  • Assessed Land Value: $10,908
  • Assessed Improvements Value: $43,225

    Sales

  • Current Sale Contract Date: Oct 30, 2015
  • Current Sale Recording Date: Nov 04, 2015
  • Current Sale Transaction ID: 1389194409
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-00021146
  • Previous Sale Recording Date: Dec 10, 2010
  • Previous Sale Contract Date: Dec 01, 2010
  • Previous Sale Amount: $129,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Mortgage Transaction Date: Nov 04, 2015
  • First Mortgage Loan Amount: $155,138
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: BUSEY BANK
  • Previous Mortgage Transaction Date: Dec 10, 2010
  • Previous Mortgage Loan Amount: $103,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2041

About Bloomington



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Frequently Asked Questions

What neighborhood is 29 Reading Road located in?
The 29 Reading Road is a located in the neighborhood of Bloomington City in Bloomington, Bloomington.
What is the average sales price for listings in 29 Reading Road?
The average sales price for units in 29 Reading Road is $0 currently.

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