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3416 Cornelius Drive

3416 Cornelius Drive, Bloomington, IL 61704
Sold Jan 25, 2022
$220,000
$198,000 by First State Mortgage Services
Mortgage Due Feb 01, 2052
Sold Jun 30, 2020
$163,000
$159,997 by First State Mortgage Services
Mortgage Due Jul 01, 2050
Local assessors in Bloomington, IL have categorized 3416 Cornelius Drive as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,120 ft and the front of the lot was measured at 910 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3416 Cornelius Drive has a total of 1,694 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 470 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 attached garage for those who need a place to park their vehicle. The garage on the property is 648 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - C. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 3416 Cornelius Drive was last sold in Jan 11, 2022 for $220,000. According to our calculations, that's $93.94 per sqft. Prior to that sales transaction, the property was sold for $163,000 in Jun 16, 2020. Current property owners are expected to pay $4,816 in taxes per year. The property on 3416 Cornelius Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $60,501. To break that down further, the land itself was valued at $12,835. While improvements to the property were assessed at a total of $47,666. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 2006
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 470
  • Garage Type: Attached
  • Garage Square Area: 648
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 910
  • Total Building Area: 2,342
  • Gross Building Area: 2,342
  • Building Area: 1,694
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,694
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCGRAW PARK SUB
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCGRAW PARK SUB 2ND ADD LT 97

Ownership

  • Current Owner : AVALA PRASAD
  • Current Owner 2: SRINADHUNI CHAITANYA
  • Previous Owner : GRANT NOGAJ
  • Owner Before Previous Owner: HETHERINGTON SHARON F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 005104

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 15-31-402-022
  • Lot: 97
  • Meridian: SEC 31 TWN 24N RNG 03E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4933
  • Longitude: -88.9115

    Address

  • Full Address: 3416 Cornelius Dr
  • Address - House Number: 3416
  • Address - Street Name: Cornelius
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R040
  • 4-Digit Zip Code: 6461
  • Zip Code: 61704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,816
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 250,437
  • High Value: 295,695
  • Low Value: 205,178

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: FIRST STATE MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Jan 25, 2022
  • First Open Lien Mortgage Loan Amount: $198,000
  • 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: $181,503
  • Market Land Value: $38,505
  • Market Improvement Value: $142,998

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,501
  • Assessed Land Value: $12,835
  • Assessed Improvements Value: $47,666

    Sales

  • Current Sale Contract Date: Jan 11, 2022
  • Current Sale Recording Date: Jan 25, 2022
  • Current Sale Transaction ID: 11878698720
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1550
  • Previous Sale Recording Date: Jun 30, 2020
  • Previous Sale Contract Date: Jun 16, 2020
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE MORTGAGE SERVICES
  • First Mortgage Transaction Date: Jan 25, 2022
  • First Mortgage Loan Amount: $198,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST STATE MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Jun 30, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $159,997
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Bloomington



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Frequently Asked Questions

What neighborhood is 3416 Cornelius Drive located in?
The 3416 Cornelius Drive is a house located in the neighborhood of Bloomington City in Bloomington, Bloomington.
What is the average sales price for listings in 3416 Cornelius Drive?
The average sales price for units in 3416 Cornelius Drive is $0 currently.

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