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1410 East Olive Street

1410 East Olive Street, Bloomington, IL 61701
Property in Founders Grove
Sold Jun 23, 2011
$200,000
Sold Aug 04, 2010
$150,000
1410 East Olive 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. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1410 East Olive Street has 1,551 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 1,290 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,910 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 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 17, 2011 for $200,000. That's $128.95 per sqft. Prior to that sales transaction, the property was also sold in Aug 2, 2010 for $150,000. 1410 East Olive Street was last assessed in 2022. The total value of the property was assessed at $75,074. Specifically, the land the property is located on was valued at $11,436. While improvements on the property were assessed at a total of $63,638. 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 $5,446. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,910
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,551
  • Gross Building Area: 1,551
  • Building Area: 1,551
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,551
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRINK & DOOLEYS GROVELAND SUB
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRINK & DOOLEYS GROVELAND SUB 3.46A E1/2 3-23-2E LOT 14

Ownership

  • Current Owner : BERTELSEN MICHAEL E
  • Previous Owner : DAVID BEICH RESTORATION INC
  • Owner Before Previous Owner: QUINN BERNARD J
  • Owner Before Previous Owner 2: QUINN MARY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-03-431-016
  • Lot: 14
  • Meridian: SEC 03 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4776
  • Longitude: -88.9666

    Address

  • Full Address: 1410 E Olive St
  • Address - House Number: 1410
  • Street Direction: E
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C071
  • 4-Digit Zip Code: 5710
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,446
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 261,100
  • High Value: 315,408
  • Low Value: 206,791

    Market Valuation

  • Market Total Value: $225,222
  • Market Land Value: $34,308
  • Market Improvement Value: $190,914

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,074
  • Assessed Land Value: $11,436
  • Assessed Improvements Value: $63,638

    Sales

  • Current Sale Contract Date: Jun 17, 2011
  • Current Sale Recording Date: Jun 23, 2011
  • Current Sale Transaction ID: 11472865247
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011-00013783
  • Previous Sale Recording Date: Aug 04, 2010
  • Previous Sale Contract Date: Aug 02, 2010
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Mortgage Transaction Date: Jun 23, 2011
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2041

About Founders Grove



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Frequently Asked Questions

What neighborhood is 1410 East Olive Street located in?
The 1410 East Olive Street is a located in the neighborhood of Founders Grove in Founders Grove, Bloomington.
What is the average sales price for listings in 1410 East Olive Street?
The average sales price for units in 1410 East Olive Street is $0 currently.

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