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507 Lake Shore Dr

Bloomington, IL 61704

4 bd 3 ba 2,922 sqft Built 1989 Lot 8,268 sqft single_family
Most recent sale
$285,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $285,000 MLS #11400598
May 11, 2022 Listed $250,000 MLS #11400598
May 2, 2018 Sold $188,500 MLS #2150871
Sep 2, 2015 Sold $188,600 Public Record
Jul 3, 2015 Price changed $189,900 MLS #2150871
Jun 11, 2015 Price changed $192,000 MLS #2150871
May 4, 2015 Price changed $197,000 MLS #2150871
Apr 6, 2015 Price changed $200,000 MLS #2150871
Mar 21, 2015 Listed $209,900 MLS #2150871
Mar 9, 2007 Sold $180,000 Public Record
Jan 1, 2000 Sold $148,500 Public Record
Jan 1, 1997 Sold $130,500 Public Record
Jan 1, 1993 Sold $137,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $56,982 $17,876 $74,858 $5,834
2022 $52,918 $16,602 $69,520 $5,612
2021 $48,443 $15,198 $63,641 $5,153
2020 $47,308 $14,842 $62,150 $5,027
2019 $46,503 $14,590 $61,093 $4,772
2018 $46,503 $14,590 $61,093 $4,767
2017 $46,503 $14,590 $61,093 $4,574
2016 $47,598 $14,933 $62,531 $4,680
2015 $47,732 $14,975 $62,707 $4,695
2014 $46,459 $14,975 $61,434 $4,539
2013 $45,548 $14,681 $60,229 $4,423
2012 $46,050 $14,843 $60,893 $4,406
2010 $45,173 $16,187 $61,360 $4,374
2009 $45,173 $16,187 $61,360 $4,330
2008 $45,080 $16,154 $61,234 $4,266

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,922 sqft
Lot size
8,268 sqft
ZIP code
61704
City
Bloomington
Street
Lake Shore Dr
Coordinates
40.51587, -88.93526

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,710
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Lake Shore Dr last sell?
507 Lake Shore Dr most recently sold on Jun 17, 2022 for $285,000.
What is the current tax assessment for 507 Lake Shore Dr?
The most recent total assessment for 507 Lake Shore Dr (year 2023) is $74,858 with $5,834 in property tax.
How does 507 Lake Shore Dr's assessment compare to its last sale price?
The current assessment is 73.7% below the last sale price of $285,000.
When was 507 Lake Shore Dr built?
507 Lake Shore Dr was built in 1989.
How does 507 Lake Shore Dr compare to others on Lake Shore Dr?
We track 4 other properties on Lake Shore Dr. Browse the list under "Other properties on Lake Shore Dr" to compare beds, baths, and sale history.
What are the property facts for 507 Lake Shore Dr?
507 Lake Shore Dr is a 4 bed, 3 bath, 2,922 sqft, 8,268 sqft lot single_family.
Is 507 Lake Shore Dr a flip candidate?
No — 507 Lake Shore Dr does not appear in our flips dataset.
Is 507 Lake Shore Dr a tax-appeal candidate?
No — 507 Lake Shore Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$387.1K
2026 Q4
$393.5K
ZIP 61704 — Median Price History + Forecast

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