NOT LISTED FOR SALE

108 E Arcadia Ave Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $46,000 - $60,000

3 Beds
2 Baths
1,344 Sq Ft
$38/Sq Ft Est. Value

Last Sold May 07, 2015

Last sale price $23,000 $17 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $361/month

126 Days on Market

About This Home

As of May 2015

Great investment property bringing in $750/month. One year lease in place with current tenant until April 30, 2015. Updates in last year include new tile floor in Kitchen/DR/Bath. Living Room hardwood floor refinished. New water service into house and new plumbing in kitchen and bath. Bedrooms are hardwood floors, mostly newer windows. 90+ efficiency furnace. Freshly painted. Tenant owns appliances. All measurements approximate. 24 hour notice required for showings.

Last Agent to Sell the Property

Jennifer Hamm

PEORIA AREA ASSOCIATION OF REALTORS® License #471020443 Listed on: 12/04/2014

Last Buyer's Agent

Mark Short

FairTrade Real Estate License #475146752

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,137

Year Built

  • Built in 1900

Lot Details

  • 6,752

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Peoria High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,137

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: W 1/2 LOT 7
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 17.11
  • Total Sq Ft: 1344

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Curbs & Gutters, Paved

Garage/Parking

  • Number Parking Spaces: 1

Utilities

  • Heating Cooling: Forced Air, Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Private

Schools

  • High School: Peoria High

Lot Info

  • Estimated Lot Size: 50 X 135
  • Lot Description: Level
  • Subdivision: Arcadia Place
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities, Water
  • Gross Annual Rent Income: 9000
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 1137.18
  • Parcel Id Number Tax Id: 14-33-407-003
  • Tax Year: 2013

Multi Family

  • Total Number Units: 1
  • Gross Annual Income: 9000
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Short Mark B and Short Marcy
Bought by
Sfr3-040 Llc
Current Estimated Value
$51,494

Purchase Details

Closed on
Aug 7, 2020
Sold by
Short John R
Bought by
Short Mark B and Short Marcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2014
Closed on
May 7, 2015
Sold by
Michael Vincent
Bought by
Short John R
Seller's Agent
Jennifer Hamm
PEORIA AREA ASSOCIATION OF REALTORS®
Buyer's Agent
Mark Short
FairTrade Real Estate
List Price
$43,000
Sold Price
$23,000
Premium/Discount to List
-$20,000
-46.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$18,400
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2012
Closed on
Jan 30, 2013
Bought by
Vincent Michael
Seller's Agent
Charlie Crump
Century 21 Lincoln National Realty
Buyer's Agent
Jennifer Hamm
PEORIA AREA ASSOCIATION OF REALTORS®
List Price
$25,900
Sold Price
$15,500
Premium/Discount to List
-$10,400
-40.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.08%
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
Sfr3-040 Llc $38,500 None Listed On Document
Short Mark B $45,453 Hometown Title
Short John R $23,000 Peoria Title
Vincent Michael $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Short Mark B $48,000
Previous Owner Short John R $18,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2015 05/07/15 Sold $23,000 -46.5% $17 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $43,000 +177.4% $32 / Sq Ft
01/31/2013 01/31/13 Sold $15,500 -40.2% $12 / Sq Ft View Prior Sale
01/22/2013 01/22/13 Pending -- -- --
10/29/2012 10/29/12 For Sale $25,900 -- $19 / 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 $1,094 $12,090 $1,310 $10,780
2023 $1,043 $11,090 $1,200 $9,890
2022 $957 $9,920 $1,170 $8,750
2021 $860 $8,650 $1,110 $7,540
2020 $859 $8,570 $1,100 $7,470
2019 $871 $8,740 $1,120 $7,620
2018 $959 $9,850 $1,180 $8,670
2017 $977 $9,950 $1,190 $8,760
2016 $951 $9,950 $1,190 $8,760
2015 $1,138 $9,760 $1,170 $8,590
2014 $1,137 $12,120 $1,240 $10,880
2013 -- $12,260 $1,250 $11,010
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jennifer Hamm

    PEORIA AREA ASSOCIATION OF REALTORS®

    Jennifer Hamm
    Section Image

  • M

    Buyer's Agent in 2015

    Mark Short

    FairTrade Real Estate

  • C

    Seller's Agent in 2013

    Charlie Crump

    Century 21 Lincoln National Realty

    Section Image

  • R

    Seller Co-Listing Agent in 2013

    Regina Reed

    Century 21 Lincoln National Re

    (309) 868-1948

    4 in this area

    59 Total Sales

    Regina Reed
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1158170

RMLS Alliance

APN: 14-33-407-003

Illinois Peoria County Peoria 61603 West Bluff

108 E Arcadia Ave, Peoria, IL

Not Listed for Sale

MultiFamily

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