NOT LISTED FOR SALE

1029 N University St Peoria, IL 61606

West Bluff Neighborhood

Estimated Value: $504,002

-- Bed
5 Baths
3,456 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $471,000 $136 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,528/month

About This Home

As of December 2023

Great investment opportunity close to Bradley University! This 6 unit apartment building was renovated in 2017. The renovations include HVAC, ducts, water heaters, wiring, electric panels, plumbing, plaster, flooring, kitchen, bathrooms and deck. Three units have a long term lease and three units are Air BnB. Five of the units are one bedroom, one bath. One unit is a studio apartment. Each unit is fully furnished. Schedule your showing today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Dec 13, 2023
Sold by
Simonson Investments Llc
Bought by
Plc Great Falls Llc
Seller's Agent
William Tompkins
eXp Realty
Buyer's Agent
Tracy Morris
eXp Realty
List Price
$500,000
Sold Price
$471,000
Premium/Discount to List
-$29,000
-5.8%
Views
147
Current Estimated Value
$504,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,002
Avg. Annual Appreciation
2.73%
Original Mortgage
$748,800
Outstanding Balance
$565,150
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
-$72,586

Purchase Details

Closed on
Dec 12, 2017
Sold by
Fricke Lyle R and Fricke Mary A
Bought by
Simonson Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,628
Interest Rate
3.94%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Plc Great Falls Llc $471,000 None Listed On Document
Simonson Investments Llc -- Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plc Great Falls Llc $748,800
Previous Owner Simonson Investments Llc $214,900
Previous Owner Simonson Investments Llc $266,000
Previous Owner Simonson Investments Llc $130,628
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $471,000 -5.8% $136 / Sq Ft
08/31/2023 08/31/23 For Sale $500,000 +174.1% $145 / Sq Ft
05/19/2015 05/19/15 Sold $182,400 -3.9% $53 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
03/15/2015 03/15/15 For Sale $189,900 -- $55 / Sq Ft

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 $8,939 $98,830 $7,340 $91,490
2023 $6,347 $67,460 $6,730 $60,730
2022 $5,358 $55,550 $5,440 $50,110
2021 $5,523 $55,550 $5,440 $50,110
2020 $5,566 $55,550 $5,440 $50,110
2019 $5,647 $56,680 $5,550 $51,130
2018 $4,932 $50,640 $5,540 $45,100
2017 $1,726 $51,150 $5,600 $45,550
2016 $4,794 $51,150 $5,600 $45,550
2015 $3,896 $50,150 $5,490 $44,660
2014 -- $42,320 $5,360 $36,960
2013 -- $42,320 $5,360 $36,960
Source: Public Records

Agents Affiliated with this Home

  • William Tompkins

    Seller's Agent in 2023

    William Tompkins

    eXp Realty

    (309) 224-9977

    8 in this area

    86 Total Sales

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  • Tracy Morris

    Buyer's Agent in 2023

    Tracy Morris

    eXp Realty

    (309) 678-6648

    108 in this area

    315 Total Sales

    Section Image

  • K

    Seller's Agent in 2015

    Katrina Speedie

    Speedie Realty Inc

    Section Image
  • Adam Merrick

    Buyer's Agent in 2015

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    521 in this area

    4,411 Total Sales

    Section Image
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Map

Illinois Peoria County Peoria 61606 West Bluff

1029 N University St, Peoria, IL

This home is located at 1029 N University St, Peoria, IL 61606 and is currently estimated at $504,002, approximately $145 per square foot. 1029 N University St is a home located in Peoria County with nearby schools including Whittier Primary School, Harold B. Dawson Jr. Middle School, and Peoria High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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