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519 Kreitzer Avenue

519 Kreitzer Avenue, Bloomington, IL 61701
Property in Bloomington City
Sold Sep 21, 2018
$160,000
$128,000 by Heartland Bank & Trust Co
Mortgage Due Oct 01, 2048
Local assessors in Bloomington, IL have categorized 519 Kreitzer Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 4,740 square feet. The linear feet between the front and back of the lot was measured at 930 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 519 Kreitzer Avenue has a total of 2,693 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 full basement that is 1,000 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 198 sqft. 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 - B. The building has a roof that is made of asphalt. Lots of brick 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 519 Kreitzer Avenue sold most recently in Sep 14, 2018 for a total of $160,000. If you work out the math, that's approximately a cost of $59.41 per sqft. 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 $3,597 in taxes each year. 519 Kreitzer Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $48,328. If we break it down further, the land itself was valued at $8,620. Improvements to the property, however, were assessed at a total of $39,708. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,000
  • Garage Type: Detached
  • Garage Square Area: 198
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,740
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,693
  • Gross Building Area: 2,693
  • Building Area: 2,693
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,693
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLAND SUB
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAKLAND SUB 2ND ADD LOT 8 BLK 4

Ownership

  • Current Owner : ARMSTRONG LARISSA
  • Current Owner 2: BARR ZACH
  • Previous Owner : WOLFE DANIEL E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005800

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-10-201-024
  • Block: 4
  • Lot: 8
  • Meridian: SEC 10 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4723
  • Longitude: -88.9717

    Address

  • Full Address: 519 Kreitzer Ave
  • Address - House Number: 519
  • Address - Street Name: Kreitzer
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C005
  • 4-Digit Zip Code: 5605
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,597
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 212,937
  • High Value: 253,823
  • Low Value: 172,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,000
  • First Open Lien Mortgage Lender: HEARTLAND BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 21, 2018
  • First Open Lien Mortgage Loan Amount: $128,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2048

    Market Valuation

  • Market Total Value: $144,984
  • Market Land Value: $25,860
  • Market Improvement Value: $119,124

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,328
  • Assessed Land Value: $8,620
  • Assessed Improvements Value: $39,708

    Sales

  • Current Sale Contract Date: Sep 14, 2018
  • Current Sale Recording Date: Sep 21, 2018
  • Current Sale Transaction ID: 11509012237
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-00015537

    Last Sale Mortgage

  • First Mortgage Lender: HEARTLAND BANK & TRUST CO
  • First Mortgage Transaction Date: Sep 21, 2018
  • First Mortgage Loan Amount: $128,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2048

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Frequently Asked Questions

What neighborhood is 519 Kreitzer Avenue located in?
The 519 Kreitzer Avenue is a located in the neighborhood of Bloomington City in Bloomington, Bloomington.
What is the average sales price for listings in 519 Kreitzer Avenue?
The average sales price for units in 519 Kreitzer Avenue is $0 currently.

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