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1120 North State Street

1120 North State Street, Bloomington, IL 61701
Property in Bloomington City
Sold Nov 05, 2021
$60,000
$87,750 by Heartland Bank And Trust Compa
Mortgage Due Feb 01, 2052
1120 North State 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 1953 and is 71 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1120 North State Street has 825 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 825 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,550 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,773 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. 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 alum/vinyl siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property was last sold in Oct 20, 2021 for $60,000. That's $36.36 per sqft. 1120 North State Street was last assessed in 2022. The total value of the property was assessed at $30,303. Specifically, the land the property is located on was valued at $8,339. While improvements on the property were assessed at a total of $21,964. 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 $2,575. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 825
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,773
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,650
  • Gross Building Area: 1,771
  • Building Area: 825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 825
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILBUR M CARTERS EMPIRE ADD
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILBUR M CARTERS EMPIRE ADD LOT 8 BLK 1

Ownership

  • Current Owner : JOHNSON MARCUS
  • Previous Owner : DIXON VIRGINIA

Neighborhood

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

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 14-34-354-026
  • Block: 1
  • Lot: 8
  • Meridian: SEC 34 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4898
  • Longitude: -88.9767

    Address

  • Full Address: 1120 N State St
  • Address - House Number: 1120
  • Street Direction: N
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C030
  • 4-Digit Zip Code: 1959
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,575
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 134,084
  • High Value: 164,668
  • Low Value: 103,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,750
  • First Open Lien Mortgage Lender: HEARTLAND BANK AND TRUST COMPA
  • First Open Lien Mortgage Recording Date: Jan 14, 2022
  • First Open Lien Mortgage Loan Amount: $87,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $90,909
  • Market Land Value: $25,017
  • Market Improvement Value: $65,892

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,303
  • Assessed Land Value: $8,339
  • Assessed Improvements Value: $21,964

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11864372124
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00026580

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK OF BLOOMINGTO
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $117,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Bloomington



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Frequently Asked Questions

What neighborhood is 1120 North State Street located in?
The 1120 North State Street is a located in the neighborhood of Bloomington City in Bloomington, Bloomington.
What is the average sales price for listings in 1120 North State Street?
The average sales price for units in 1120 North State Street is $0 currently.

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