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716 West Market Street

716 West Market Street, Bloomington, IL 61701
Property in Olde Towne
1 Units For Sale
Unit for sale at 716 W Market Street, Bloomington, IL 61701

$125,000

  • 4 Beds
716 W Market Street, Bloomington, IL 61701 Listing by Tracy Haas Riley

716 West Market 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 1905 and is 119 years old. The home has a total of 12 rooms. 4 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 716 West Market Street has 3,619 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 1,020 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 6,804 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 C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in Mar 15, 2024 for $120,000. That's $33.16 per sqft. Prior to that sales transaction, the property was also sold in Sep 29, 2010 for $66,500. 716 West Market Street was last assessed in 2022. The total value of the property was assessed at $33,578. Specifically, the land the property is located on was valued at $4,196. While improvements on the property were assessed at a total of $29,382. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,854. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,804
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 660
  • Total Building Area: 3,619
  • Gross Building Area: 3,619
  • Building Area: 3,619
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,619
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WESTERN ADD
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUB BLK 26 WESTERN ADD N102.5 LOT 9

Ownership

  • Current Owner : DOOGAN FAMILY TRUST
  • Current Owner 2: DOOGAN
  • Previous Owner : SCHIESL DEBORAH
  • Owner Before Previous Owner: FIRST STEP REALTY INC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001500

Geography

  • District: 40
  • Parcel: 21-04-159-001
  • Block: 26
  • Lot: 9
  • Meridian: SEC 04 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.482
  • Longitude: -89.0017

    Address

  • Full Address: 716 W Market St
  • Address - House Number: 716
  • Street Direction: W
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C013
  • 4-Digit Zip Code: 2886
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,854
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.0944
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 91
  • Final Value: 122,123
  • High Value: 133,654
  • Low Value: 110,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,000
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Mar 25, 2024
  • First Open Lien Mortgage Loan Amount: $96,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 15, 2029

    Market Valuation

  • Market Total Value: $100,734
  • Market Land Value: $12,588
  • Market Improvement Value: $88,146

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,578
  • Assessed Land Value: $4,196
  • Assessed Improvements Value: $29,382

    Sales

  • Current Sale Contract Date: Mar 15, 2024
  • Current Sale Recording Date: Mar 25, 2024
  • Current Sale Transaction ID: 11923191733
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3510
  • Previous Sale Recording Date: Oct 04, 2010
  • Previous Sale Contract Date: Sep 29, 2010
  • Previous Sale Amount: $66,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Mar 25, 2024
  • First Mortgage Loan Amount: $96,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Mar 15, 2029

About Olde Towne



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Frequently Asked Questions

What neighborhood is 716 West Market Street located in?
The 716 West Market Street is a located in the neighborhood of Olde Towne in Olde Towne, Bloomington.
How many listings are currently for sale in 716 West Market Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 716 West Market Street?
The average sales price for units in 716 West Market Street is $125,000 currently.

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