NOT LISTED FOR SALE

1116 E Virginia Ave Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $64,095 - $74,000

3 Beds
1 Bath
1,296 Sq Ft
$54/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $55,000 $42 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $467/month

8 Days on Market

Highlights

  • Sun or Florida Room
  • Ceiling Fan
  • High Speed Internet
  • Fenced Yard
  • Garage
  • Replacement Windows

About This Home

As of December 2022

Welcome to this great starter or investment home. Newer roof, HVAC, windows and some plumbing make this 3 bedroom 1.5 bath home only in need of your finishing touches. The main floor has a spacious living / dining room, a galley kitchen, and a formal foyer w/ half bath. Upstairs you'll find the 3 light-filled bedrooms, the full bath and a walk-in storage closet. The fully fenced backyard, 1.5 car garage, and full basement provide ample storage options. This home is just minutes away from Peoria Heights, Glen Oak Park, the Peoria Zoo, Luthy Botanical Gardens and downtown Peoria. This program also qualifies for the City of Peoria's Down Payment Assistance Program, offering you up to 10% in down payment assistance for owner occupants. Schedule your showing today!

Last Agent to Sell the Property

Ryan Cannon

RE/MAX Traders Unlimited License #471020340 Listed on: 10/19/2022

RE/MAX Traders Unlimited

Last Buyer's Agent

Brooke Richardson

RE/MAX Traders Unlimited License #475195125

RE/MAX Traders Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,767

Year Built

  • Built in 1930

Lot Details

  • Fenced Yard

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Utilities

  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,767

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: PARKVIEW ADD NW 1/4 SEC 34-9-8E LOT 2 BLK 7
  • Lvt Date: 10/19/2022
  • Year Built: 1930
  • Conversion: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Microwave Oven, Range/Oven, Refrigerator, Washer, Dryer
  • Interior Amenities: Cable Tv Available, Blinds, Ceiling Fan, Hi-Speed Internet Availbl
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12.02x11.03, On Level: Upper, Flooring: Hardwood
  • Basement Foundation: Full, Block, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bedroom 2: Dimensions: 11.08x11.04, On Level: Upper, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 11.05x7.01, On Level: Upper, Flooring: Hardwood
  • Bedroom 3 Egress Window: Yes
  • Formal Dining Room: Dimensions: 13.04x11.07, On Level: Main, Flooring: Laminate
  • Kitchen: Dimensions: 12.1x9.03, On Level: Main, Flooring: Tile
  • Kitchen Dining: Dining/Living Combo, Dining Formal, Galley, Pantry
  • Laundry: On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 15.06x13.04, On Level: Main, Flooring: Laminate
  • Total Basement Sq Ft: 648
  • Additional Room 1: Dimensions: 8.02x5.03, On Level: Upper, Flooring: Carpet
  • Price Per Sq Ft: 42.44
  • Finished Sq Ft: 1296
  • Total Sq Ft: 1296
  • Finished Main Level Sq Ft: 648
  • Upper Level Finished Sq Ft: 648

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Fenced Yard, Porch/3-Season, Porch/Screened, Replacement Windows
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, On Street Parking, Alley
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Estimated Lot Size: 40x124
  • Lot Description: Level
  • Zoning: R1
  • Subdivision: Parkview
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1767.24
  • Parcel Id Number Tax Id: 14-34-158-017
  • Tax Year: 2021

MLS Schools

  • High School School District: Peoria High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Dec 5, 2022
Sold by
Jones Jill E
Bought by
Tarr Benjamin
Seller's Agent
Ryan Cannon
RE/MAX Traders Unlimited
Buyer's Agent
Brooke Richardson
RE/MAX Traders Unlimited
List Price
$59,000
Sold Price
$55,000
Premium/Discount to List
-$4,000
-6.78%
Views
47
Current Estimated Value
$70,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,274
Avg. Annual Appreciation
8.25%
Original Mortgage
$46,830
Outstanding Balance
$45,425
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$24,849
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tarr Benjamin $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarr Benjamin $46,830
Closed Tarr Benjamin $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $55,000 -6.8% $42 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $59,000 -- $46 / 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 $1,183 $19,080 $2,870 $16,210
2023 $1,082 $17,500 $2,630 $14,870
2022 $1,519 $15,750 $2,520 $13,230
2021 $1,491 $15,000 $2,400 $12,600
2020 $1,489 $14,860 $2,380 $12,480
2019 $1,510 $15,160 $2,430 $12,730
2018 $1,722 $17,680 $2,480 $15,200
2017 $1,721 $17,850 $2,500 $15,350
2016 $1,099 $17,850 $2,500 $15,350
2015 $1,192 $17,500 $2,450 $15,050
2014 $1,199 $18,950 $2,450 $16,500
2013 -- $19,180 $2,480 $16,700
Source: Public Records

Agents Affiliated with this Home

  • Ryan Cannon

    Seller's Agent in 2022

    Ryan Cannon

    RE/MAX

    (309) 648-5675

    40 in this area

    145 Total Sales

    Ryan Cannon
    Section Image
  • Brooke Richardson

    Buyer's Agent in 2022

    Brooke Richardson

    RE/MAX

    (309) 696-8931

    16 in this area

    36 Total Sales

    Brooke Richardson
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1238481

RMLS Alliance

APN: 14-34-158-017

Illinois Peoria County Peoria 61603 West Bluff

1116 E Virginia Ave, Peoria, IL

Not Listed for Sale

Detached

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