See Home Value
Bloomington 61701
508 S State Street
$250,000
● House - Off Market

508 S State Street

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,495 Ft²
$1,648
Est. Monthly
8.49%
Cap Rate

About This Property

The house you've been dreaming of in the location you've been hoping for! This Founder's Grove gem offers old house charm plus new bathrooms and an incredible kitchen expansion and remodel. Enter the house through the lovely enclosed porch - sellers use this as a 3-seasons room. As you step into the living room, you will be impressed by the beautiful wood floors, lovely stairway, natural trim, crown moldings and beamed ceiling. The kitchen was all new in 2008 and includes an abundance of new cabinets, granite counters, a huge island with great seating, vaulted ceilings, a prep sink and even a pot-filler. You will appreciate the main floor laundry room and remodeled main floor bath. The upper level provides 3 bedrooms all with wood floors and an updated full bath.  In the lower level, you will find 2 additional rooms, a half bath and storage space.  You can enjoy the outdoors from the stamped patio with newer pergola cover. The yard is made lovely with lots of flowering plants. Current owners added more grass area to the yard. From the previous listing... windows have been replaced, furnace and AC were installed in 2008, 40 year roof in 2004 and siding in 2008. Great location convenient to all area amenities and only 4 blocks from Constitution Trail and 7 blocks from Washington Elementary School.
Unit Size
2,495 Ft²
Days on Market
-
Land Size
-
Price per sqft
$102
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1925

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Last updated: 2 years ago (MRED MLS #12146272)

Price History

Date / Event Date Event Price
Nov 6, 2024 Sold
Sold
Sep 24, 2024 In contract -
In contract
Sep 12, 2024 Price Decreased $255,000
↓ $10K (3.8%)
Price Decreased
Aug 29, 2024 Listed by BHHS Central Illinois, REALTORS $265,000
Listed by BHHS Central Illinois, REALTORS
Aug 23, 2018 No longer available -
No longer available
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 375
  • Garage Type: 4
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 81
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,029
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,170
  • Gross Building Area: 2,370
  • Building Area: 1,795
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,795
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOOLEYS 2ND ADD
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: DOOLEYS 2ND ADD LOT 7 BLK 4

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001800

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-03-386-004
  • Block: 4
  • Lot: 7
  • Meridian: SEC 03 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4747
  • Longitude: -88.9748

    Address

  • Full Address: 508 S State St
  • Address - House Number: 508
  • Street Direction: S
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C005
  • 4-Digit Zip Code: 5559
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $453,134
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 245,672
  • High Value: 292,843
  • Low Value: 198,500

    Market Valuation

  • Market Total Value: $177,951
  • Market Land Value: $31,338
  • Market Improvement Value: $146,613

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,317
  • Assessed Land Value: $10,446
  • Assessed Improvements Value: $48,871

    Sales

  • Current Sale Contract Date: Apr 30, 2018
  • Current Sale Recording Date: May 23, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-00008017

    Financing

  • First Mortgage Financing Type: UNK
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 Bloomington


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Frequently Asked Questions

When was property at 508 South State Street built and last sold?
The property at 508 South State Street was built in 1925 and last sold on Apr 30, 2018 for $193,500.
How much is this home worth?
The estimated value of the home located at 508 South State Street is $259,486.
What are some comparable homes to 508 South State Street?
There are currently no comparable homes to 508 South State Street.