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605 East Empire Street

605 East Empire Street, Bloomington, IL 61701
Multifamily in Bloomington City
Sold Feb 16, 2022
$55,000
Sold Jan 14, 2014
$76,500
$53,550 by Busey Bank
Mortgage Due Feb 01, 2029
605 East Empire Street 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 1925 and is 99 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 605 East Empire Street has 1,334 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 640 ft and across the front of the lot is 820 ft. The area measurement of the land has been determined as 5,343 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. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D 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 plaster. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 605 East Empire Street was last sold in Feb 11, 2022 for $55,000. According to our calculations, that's $41.23 per sqft. Prior to that sales transaction, the property was sold for $76,500 in Jan 3, 2014. Current property owners are expected to pay $2,312 in taxes per year. The property on 605 East Empire Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $27,201. To break that down further, the land itself was valued at $6,609. While improvements to the property were assessed at a total of $20,592. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,343
  • Lot Size Depth Feet: 640
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,334
  • Gross Building Area: 1,334
  • Building Area: 1,334
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,334
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FLAGGS 2ND ADD
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FLAGGS 2ND ADD E1/2 LOT 10 BLK 1

Ownership

  • Current Owner : QUEST TRUST COMPANY
  • Previous Owner : SHAWN BOLS
  • Owner Before Previous Owner: BERTOLET JAMES
  • Owner Before Previous Owner 2: BERTOLET JOSHUA C
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001301

Geography

  • District: 40
  • Parcel: 21-04-226-028
  • Block: 1
  • Lot: 10
  • Meridian: SEC 04 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.488
  • Longitude: -88.9867

    Address

  • Full Address: 605 E Empire St
  • Address - House Number: 605
  • Street Direction: E
  • Address - Street Name: Empire
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C007
  • 4-Digit Zip Code: 3264
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,312
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 110,834
  • High Value: 136,115
  • Low Value: 85,553

    Market Valuation

  • Market Total Value: $81,603
  • Market Land Value: $19,827
  • Market Improvement Value: $61,776

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,201
  • Assessed Land Value: $6,609
  • Assessed Improvements Value: $20,592

    Sales

  • Current Sale Contract Date: Feb 11, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Transaction ID: 11879790376
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3212
  • Previous Sale Recording Date: Jan 14, 2014
  • Previous Sale Contract Date: Jan 03, 2014
  • Previous Sale Amount: $76,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BUSEY BANK
  • Previous Mortgage Transaction Date: Jan 14, 2014
  • Previous Mortgage Loan Amount: $53,550
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Feb 01, 2029

About Bloomington



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Frequently Asked Questions

What neighborhood is 605 East Empire Street located in?
The 605 East Empire Street is a multifamily located in the neighborhood of Bloomington City in Bloomington, Bloomington.
What is the average sales price for listings in 605 East Empire Street?
The average sales price for units in 605 East Empire Street is $0 currently.

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