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38 Vermont Avenue

38 Vermont Avenue, Bloomington, IL 61701
Multifamily in Bloomington City
Sold Nov 12, 2021
$143,000
$140,409 by Waterstone Mortgage Corp
Mortgage Due Dec 01, 2051
Sold Dec 02, 2020
$128,000
$102,400 by First Centennial Mortgage Corp
Mortgage Due Dec 01, 2050
38 Vermont Avenue 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 1994 and is 30 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. In addition, 38 Vermont Avenue has 1,464 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 full basement that is 538 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 1,590 ft and across the front of the lot is 230 ft. The area measurement of the land has been determined as 7,145 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

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 garage for those who require parking. The garage measured 389 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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. 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 Nov 5, 2021 for $143,000. That's $97.68 per sqft. Prior to that sales transaction, the property was also sold in Nov 18, 2020 for $128,000. 38 Vermont Avenue was last assessed in 2022. The total value of the property was assessed at $43,061. Specifically, the land the property is located on was valued at $9,362. While improvements on the property were assessed at a total of $33,699. 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 $3,275. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1994
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 538
  • Garage Type: Garage
  • Garage Square Area: 389
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,145
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 230
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,464
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLACE
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK PLACE ON THE CREEK SUB LOT 652

Ownership

  • Current Owner : DAVENPORT SAVANNAH R
  • Previous Owner : SMITH COLLEEN
  • Owner Before Previous Owner: WELDT CATHERINE V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McLean County Unit School District 5
  • School Tax School District: 005
  • Census Tract: 001403

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 14-32-151-025
  • Lot: 652
  • Meridian: SEC 32 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4975
  • Longitude: -89.0199

    Address

  • Full Address: 38 Vermont Ave
  • Address - House Number: 38
  • Address - Street Name: Vermont
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R007
  • 4-Digit Zip Code: 1450
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,275
  • Tax Rate Code Area: 4008

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 177,125
  • High Value: 211,744
  • Low Value: 142,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,409
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $140,409
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $129,183
  • Market Land Value: $28,086
  • Market Improvement Value: $101,097

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,061
  • Assessed Land Value: $9,362
  • Assessed Improvements Value: $33,699

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11865705416
  • Current Sale Price: $143,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00027120
  • Previous Sale Recording Date: Dec 02, 2020
  • Previous Sale Contract Date: Nov 18, 2020
  • Previous Sale Amount: $128,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $140,409
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 02, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $102,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2050

About Bloomington



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Frequently Asked Questions

What neighborhood is 38 Vermont Avenue located in?
The 38 Vermont Avenue is a multifamily located in the neighborhood of Bloomington City in Bloomington, Bloomington.
What is the average sales price for listings in 38 Vermont Avenue?
The average sales price for units in 38 Vermont Avenue is $0 currently.

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