See Home Value
$280,000
● House - Off Market

503 Lake Shore Drive

Bloomington, IL 61704
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,631 Ft²
$1,856
Est. Monthly
$27
HOA / Fees
7.40%
Cap Rate

About This Property

Welcome to this spacious three-bedroom, two-and-a-half-bathroom residence that perfectly blends modern elegance with comfort. The heart of the home is an updated kitchen, featuring stunning quartz countertops that provide both durability and style, complemented by white cabinetry. The open-concept layout flows seamlessly into a cozy living area, ideal for family gatherings or entertaining friends. Step outside to discover a relaxing outdoor space complete with a hot tub, perfect for unwinding after a long day or hosting summer barbecues. Located near the highly desired Northpoint Elementary School, this residence truly offers a perfect balance of indoor luxury and outdoor enjoyment, making it an ideal retreat for families and entertainers alike. Possible 4th bedroom and office space on the second floor and in the basement.
Unit Size
2,631 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$105
Property Type
House
Property Taxes
$478
HOA Dues
$27
Year Built
1990

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Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12149749)

Price History

Date / Event Date Event Price
Oct 30, 2024 Sold
Sold
Oct 7, 2024 In contract -
In contract
Sep 28, 2024 Relisted $275,000
Relisted
Sep 1, 2024 In contract -
In contract
Aug 29, 2024 Listed by HomeSmart Realty Group Illinois $275,000
Listed by HomeSmart Realty Group Illinois

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 500
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,266
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,900
  • Gross Building Area: 2,900
  • Building Area: 2,438
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,438
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH POINTE NO 10 SUB
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: NORTH POINTE NO 10 SUB LOT 1002

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 000506

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 14-25-128-009
  • Lot: 1002
  • Meridian: SEC 25 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.5159
  • Longitude: -88.9347

    Address

  • Full Address: 503 Lake Shore Dr
  • Address - House Number: 503
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R030
  • 4-Digit Zip Code: 1429
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $552,208
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1402
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 271,721
  • High Value: 309,836
  • Low Value: 233,606

    Market Valuation

  • Market Total Value: $205,485
  • Market Land Value: $49,806
  • Market Improvement Value: $155,679

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,495
  • Assessed Land Value: $16,602
  • Assessed Improvements Value: $51,893

    Sales

  • Current Sale Contract Date: Oct 14, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00024836
  • Previous Sale Recording Date: Mar 31, 2005
  • Previous Sale Contract Date: Mar 30, 2005
  • Previous Sale Amount: $181,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Pointe


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Frequently Asked Questions

When was property at 503 Lake Shore Drive built and last sold?
The property at 503 Lake Shore Drive was built in 1990 and last sold on Oct 14, 2021 for $231,000.
How much is this home worth?
The estimated value of the home located at 503 Lake Shore Drive is $0.
What are some comparable homes to 503 Lake Shore Drive?
There are currently no comparable homes to 503 Lake Shore Drive.