$182,400
SOLD MAY 19, 2015
3 Beds
4 Baths
3,456 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

4% Below List Price

23 Days on Market

About This Home

As of December 2023

5th & 6th unit is same as units 2-4 and rent for $470 & $485/mth. Excellent rental property with great income, right by Bradley University. Very low maintenance in this brick building. Low vacancy rate and very easy to rent. Zoned R6.

Last Agent to Sell the Property

Katrina Speedie

Speedie Realty Inc License #471001468 Listed on: 03/15/2015

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate License #471018071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,849

Year Built

  • Built in 1955

Schools

  • Manual High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,849

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: SW 1/4 SEC 5-8-8E LOT 378
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Price Per Sq Ft: 52.78
  • Total Sq Ft: 3456

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: Gas
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 900
  • Laundry Facilities: No Laundry Equipment
  • Water Sewer Expenses: 2400

Schools

  • High School: Manual
  • High School: Manual

Lot Info

  • Estimated Lot Size: 146 x 40
  • Lot Description: Level
  • Subdivision: The Uplands
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 33420
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 3849
  • Parcel Id Number Tax Id: 18-05-328-043
  • Tax Year: 2013

Multi Family

  • Total Number Units: 6
  • Gross Annual Income: 33420
  • Total Number Electric Meters: 6
  • Total Number Gas Meters: 6
  • Total Number Heating Units: 6
  • Total Number Water Heaters: 6
  • Total Number Water Meters: 1

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
$501,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,437
Avg. Annual Appreciation
3.95%
Original Mortgage
$748,800
Outstanding Balance
$565,150
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
-$61,148

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

Similar Home in Peoria, IL

  • 8701 N Picture Ridge Rd, Peoria, IL 61615

    $140,000

    • 2 Beds
    • 1,272 Sq Ft
    • 8701 N Picture Ridge Rd
    • Peoria, IL

    Investment property in great location! This side-by-side Duplex features 1 bedroom, 1 bathroom and a 1 car detached garage for each unit. Shared Laundry area. Both units currently have tenants in place.

    Linda Kepple Keller Williams Premier Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $471,000 None Listed On Document
Grant Deed -- Attorney Only
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $748,800 New Conventional
Previous Owner $214,900 New Conventional
Previous Owner $266,000 New Conventional
Previous Owner $130,628 No Value Available
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
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 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAPA1160174

RMLS Alliance

APN: 18-05-328-043