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505 Mason St

Bloomington, IL 61701

3 bd 1 ba 775 sqft Built 2016 Lot 8,712 sqft single_family
Most recent sale
$130,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $130,000 MLS #11389194
May 11, 2022 Listed $120,000 MLS #11389194
Aug 27, 2019 Listing removed $22,500 MRED
May 2, 2018 Listing removed $22,500 BloomingtonNormal
Oct 18, 2012 Listed $25,750 MLS #2123361
Jan 1, 1997 Sold $53,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $20,976 $9,962 $30,938 $1,778
2022 $15,351 $7,290 $22,641 $1,414
2021 $14,053 $6,673 $20,726 $1,251
2020 $13,425 $6,665 $20,090 $1,194
2019 $13,425 $6,665 $20,090 $1,190
2018 $13,425 $6,665 $20,090 $1,185
2017 $13,162 $6,534 $19,696 $1,658
2016 $5,862 $5,862 $492
2015 $1,000 $5,909 $6,909 $579
2014 $6,924 $5,909 $12,833 $1,041
2013 $6,594 $5,628 $12,222 $496
2012 $17,816 $6,322 $24,138 $1,426
2010 $19,329 $5,617 $24,946 $1,476
2009 $19,329 $5,617 $24,946 $1,466
2008 $18,838 $5,474 $24,312 $1,471

Property facts

Year built
2016
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
775 sqft
Lot size
8,712 sqft
ZIP code
61701
City
Bloomington
Street
Mason St
Coordinates
40.48277, -88.99968

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,395
Gross rental yield
12.88%
Implied cap rate
8.37%
Trend-extrapolated value

Frequently asked questions

When did 505 Mason St last sell?
505 Mason St most recently sold on Jun 28, 2022 for $130,000.
What is the current tax assessment for 505 Mason St?
The most recent total assessment for 505 Mason St (year 2024) is $30,938 with $1,778 in property tax.
How does 505 Mason St's assessment compare to its last sale price?
The current assessment is 76.2% below the last sale price of $130,000.
When was 505 Mason St built?
505 Mason St was built in 2016.
How does 505 Mason St compare to others on Mason St?
We track 8 other properties on Mason St. Browse the list under "Other properties on Mason St" to compare beds, baths, and sale history.
What are the property facts for 505 Mason St?
505 Mason St is a 3 bed, 1 bath, 775 sqft, 8,712 sqft lot single_family.
Is 505 Mason St a flip candidate?
No — 505 Mason St does not appear in our flips dataset.
Is 505 Mason St a tax-appeal candidate?
No — 505 Mason St 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
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$249.6K
2026 Q4
$258.5K
ZIP 61701 — Median Price History + Forecast

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