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1501 Oakland Ave

Bloomington, IL 61701

2 bd 2 ba 2,248 sqft Built 1955 Lot 5,875 sqft single_family
Most recent sale
$185,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $185,000 MLS #11393762
May 4, 2022 Listed $175,000 MLS #11393762
Aug 27, 2019 Listing removed $134,900 MRED
May 2, 2018 Sold $129,000 MLS #2153819
Feb 1, 2016 Price changed $129,000 MLS #2153819
Dec 9, 2015 Price changed $129,500 MLS #2153819
Dec 3, 2015 Price changed $132,000 MLS #2153819
Oct 26, 2015 Listed $134,900 MLS #2153819
Jun 1, 1999 Sold $102,900 MLS #990712
Mar 19, 1999 Listed $102,900 MLS #990712
Jan 1, 1999 Sold $103,000 Public Record
Jan 1, 1992 Sold $76,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $56,649 $12,025 $68,674 $4,672
2022 $42,598 $9,042 $51,640 $2,994
2021 $39,819 $8,452 $48,271 $2,994
2020 $38,141 $8,096 $46,237 $2,987
2019 $38,141 $8,096 $46,237 $2,978
2018 $38,141 $8,096 $46,237 $2,966
2017 $38,141 $8,096 $46,237 $3,388
2016 $39,240 $8,329 $47,569 $3,073
2015 $38,149 $8,097 $46,246 $2,954
2014 $38,149 $8,097 $46,246 $2,860
2013 $37,401 $7,938 $45,339 $2,742
2012 $38,195 $8,106 $46,301 $2,856
2010 $40,375 $7,477 $47,852 $3,262
2009 $40,375 $7,477 $47,852 $3,240
2008 $37,530 $6,950 $44,480 $2,980

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,248 sqft
Lot size
5,875 sqft
ZIP code
61701
City
Bloomington
Street
Oakland Ave
Coordinates
40.47368, -88.97136

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1501 Oakland Ave last sell?
1501 Oakland Ave most recently sold on Jun 16, 2022 for $185,000.
What is the current tax assessment for 1501 Oakland Ave?
The most recent total assessment for 1501 Oakland Ave (year 2024) is $68,674 with $4,672 in property tax.
How does 1501 Oakland Ave's assessment compare to its last sale price?
The current assessment is 62.9% below the last sale price of $185,000.
When was 1501 Oakland Ave built?
1501 Oakland Ave was built in 1955.
How does 1501 Oakland Ave compare to others on Oakland Ave?
We track 8 other properties on Oakland Ave. Browse the list under "Other properties on Oakland Ave" to compare beds, baths, and sale history.
What are the property facts for 1501 Oakland Ave?
1501 Oakland Ave is a 2 bed, 2 bath, 2,248 sqft, 5,875 sqft lot single_family.
Is 1501 Oakland Ave a flip candidate?
No — 1501 Oakland Ave does not appear in our flips dataset.
Is 1501 Oakland Ave a tax-appeal candidate?
No — 1501 Oakland Ave 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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