NOT LISTED FOR SALE

1025 E Melbourne Ave Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $104,000 - $119,000

2 Beds
1 Bath
1,397 Sq Ft
$79/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $78,900 $56 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $765/month

22 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Garage
  • Fenced Yard
  • Patio

About This Home

As of August 2021

A LONG-TERM TENANT WHO WANTS TO STAY LONGER! $7,800 ANNUAL GROSS RENT INCOME ALWAYS PAID ON TIME/AHEAD OF TIME!! HAVE THE PEACE OF MIND OF A LOW TURNOVER INVESTMENT PROPERTY! INVESTORS TAKE NOTE! CHARMING RANCH HOME FEATURING OVER 1,300 LIVING SQFT IN THE HEART OF PEORIA! OFFERING TWO BEDROOMS, 1.5 BATHS, FULL BASEMENT, & ATTACHED GARAGE! TENANTS ENJOY THE FENCED IN BACKYARD, PERGOLA, & COVERED FRONT PORCH. TAKE THE TOUR TODAY!

Last Agent to Sell the Property

Christine Schauble

eXp Realty License #471010122 Listed on: 05/18/2021

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate License #471018071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 1957

Lot Details

  • 8,712

Parking

  • Garage

Home Design

  • Ranch Style House

Outdoor Features

  • Patio
  • Porch

Schools

  • Hines Elementary School

Additional Features

  • 1 Full Bathroom
  • Sump Pump
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,836

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: EMMA C BEAR'S SUB NW 1/4 SEC 34-9-8E LOT 11
  • Lvt Date: 05/18/2021
  • Year Built: 1957
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 16x12, On Level: Main, Flooring: Carpet
  • Basement Foundation: Full
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 13x12, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Informal Dining Room: Dimensions: 9x8, On Level: Main
  • Kitchen: Dimensions: 13x13, On Level: Main, Flooring: Other
  • Kitchen Dining: Dining Informal
  • Living Room: Dimensions: 27x12, On Level: Main
  • Total Basement Sq Ft: 1397
  • Price Per Sq Ft: 56.48
  • Finished Sq Ft: 1397
  • Total Sq Ft: 1397
  • Finished Main Level Sq Ft: 1397

Exterior Features

  • Exterior: Aluminum Siding, Brick Partial
  • Exterior Amenities: Fenced Yard, Patio, Porch
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

  • Heating Cooling: Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water, Sump Pump
  • Utility Companies: AMEREN

Schools

  • Elementary School: Hines

Lot Info

  • Estimated Lot Size: 69 X 126
  • Estimated Number of Acres: 0.2
  • Lot Description: Level
  • Subdivision: Emma C Bears
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1836.16
  • Parcel Id Number Tax Id: 14-34-103-029
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

MLS Schools

  • High School School District: Peoria Central
  • Middle School: Von Steuben

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 13, 2021
Sold by
Davis Donald J
Bought by
Gordon Brandon
Seller's Agent
Christine Schauble
eXp Realty
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$79,900
Sold Price
$78,900
Premium/Discount to List
-$1,000
-1.25%
Current Estimated Value
$112,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,827
Avg. Annual Appreciation
7.96%
Original Mortgage
$77,470
Outstanding Balance
$70,399
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$40,452

Purchase Details

Listed on
Sep 27, 2016
Closed on
Dec 15, 2016
Sold by
Wehrli Abigail J
Bought by
Davis Donald J
Seller's Agent
Donna Fauntleroy
Coldwell Banker Real Estate Group
Buyer's Agent
Brenda McCarson
Keller Williams Realty Signature
List Price
$69,000
Sold Price
$46,000
Premium/Discount to List
-$23,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%

Purchase Details

Listed on
May 21, 2012
Closed on
Apr 5, 2013
Bought by
Walters Randall E
Seller's Agent
Chris Augspurger
RE/MAX Traders Unlimited
Buyer's Agent
Randy Walters
Kallister Realty
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gordon Brandon $78,900 None Listed On Document
Davis Donald J -- Peoria Title
Walters Randall E $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Brandon $77,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2021 08/03/21 Sold $78,900 0.0% $56 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $78,900 -1.3% $56 / Sq Ft
05/18/2021 05/18/21 For Sale $79,900 +73.7% $57 / Sq Ft
12/16/2016 12/16/16 Sold $46,000 -33.3% $33 / Sq Ft View Prior Sale
10/28/2016 10/28/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $69,000 -13.8% $49 / Sq Ft
04/05/2013 04/05/13 Sold $80,000 -15.7% $42 / Sq Ft View Prior Sale
01/11/2013 01/11/13 Pending -- -- --
05/21/2012 05/21/12 For Sale $94,900 -- $50 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,108 $29,310 $4,450 $24,860
2023 $1,965 $26,890 $4,080 $22,810
2022 $1,885 $25,540 $3,950 $21,590
2021 $1,560 $21,570 $3,760 $17,810
2020 $1,572 $21,350 $3,720 $17,630
2019 $1,573 $21,790 $3,800 $17,990
2018 $1,582 $22,240 $3,830 $18,410
2017 $2,166 $22,470 $3,870 $18,600
2016 $1,236 $26,450 $3,880 $22,570
2015 $1,906 $25,930 $3,800 $22,130
2014 $1,914 $26,710 $3,800 $22,910
2013 -- $27,040 $3,850 $23,190
Source: Public Records

Agents Affiliated with this Home

  • Christine Schauble

    Seller's Agent in 2021

    Christine Schauble

    eXp Realty

    (309) 208-9900

    169 in this area

    1,180 Total Sales

    Christine Schauble
    Section Image
  • Adam Merrick

    Buyer's Agent in 2021

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    492 in this area

    4,083 Total Sales

    Adam Merrick
    Section Image
  • Donna Fauntleroy

    Seller's Agent in 2016

    Donna Fauntleroy

    Coldwell Banker Real Estate Group

    (309) 369-7557

    34 in this area

    261 Total Sales

    Donna Fauntleroy
    Section Image

  • B

    Buyer's Agent in 2016

    Brenda McCarson

    Keller Williams Realty Signature

    (309) 740-8100

    4 in this area

    46 Total Sales

    Brenda McCarson
    Section Image

  • C

    Seller's Agent in 2013

    Chris Augspurger

    RE/MAX

    Section Image

  • R

    Buyer's Agent in 2013

    Randy Walters

    Kallister Realty

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1225025

RMLS Alliance

APN: 14-34-103-029

Illinois Peoria County Peoria 61603 West Bluff

1025 E Melbourne Ave, Peoria, IL

Not Listed for Sale

Detached

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