NOT LISTED FOR SALE

Estimated Value: $125,746

-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Last Sold February 16, 2022

Last sale price $100,000

Est. 26% increase in value since last sale

Current estimated payment $990/month

346 Days on Market

About This Home

As of February 2022

Excellent office space in prime location just on the outskirts of Downtown Peoria. Quick access to I-74, Main St., Courthouse, Caterpillar, Civic Center, and bothhospitals. Ample parking, waiting room, secretarial work space, and large executive office spaces make this a perfect choice for business headquarters. Full basementfeatures additional office spaces, storage, and a kitchenette/break area. Most previously used as attorney/legal office space but has also functioned as dentist office.All appliances and furniture will remain, but are sold as-is. Oversized 2 car parking garage is gives access to main building through covered breezeway.

Last Agent to Sell the Property

Conor Wowra

Gallery Homes Real Estate License #471019308 Listed on: 02/16/2021

Last Buyer's Agent

PAAR-NON RMLSA AGENT

Non-MLS License #0000000000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,250

Lot Details

  • 10,454

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$4,250

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 02/16/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted
  • Total Building Sq Ft: 1800

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street, Paved 2Lane
  • Insulation: Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 8

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: Ameren

Association/Amenities

  • Amenities: Cable

Lot Info

  • Estimated Number of Acres: 0.24
  • Zoning: 060
  • Estimated Land Size: 192x88
  • Geo Subdivision: IL
  • Property Use: Office Building

Rental Info

  • Sale Lease Includes: Building

Tax Info

  • Annual Taxes: 4249.88
  • Parcel Id Number Tax Id: 18-04-306-040
  • Tax Incentive: None
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Feb 16, 2022
Sold by
Brady Jr Gerald W
Bought by
Reuschel Michael
Seller's Agent
Conor Wowra
Gallery Homes Real Estate
Buyer's Agent
PAAR-NON RMLSA AGENT
Non-MLS
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%
Current Estimated Value
$125,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,746
Avg. Annual Appreciation
5.96%
Original Mortgage
$80,000
Outstanding Balance
$74,849
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$47,814

Purchase Details

Closed on
May 4, 2001
Bought by
Brady Gerald W
Source: Public Records

Range of Values:

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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
Reuschel Michael $100,000 Heyl Royster Voelker & Allen
Brady Gerald W $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reuschel Michael $80,000
Closed Brady Gerald W $159,784
Closed Brady Gerald W $159,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $100,000 -16.7% --
01/28/2022 01/28/22 Pending -- -- --
11/04/2021 11/04/21 Price Changed $120,000 -20.0% --
02/16/2021 02/16/21 For Sale $150,000 -- --
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 $3,665 $40,520 $16,100 $24,420
2023 $3,497 $37,170 $14,770 $22,400
2022 $4,033 $41,810 $14,330 $27,480
2021 $4,157 $41,810 $14,330 $27,480
2020 $4,189 $41,810 $14,330 $27,480
2019 $4,250 $42,660 $14,620 $28,040
2018 $4,154 $42,650 $14,610 $28,040
2017 $4,153 $43,080 $14,760 $28,320
2016 $4,037 $43,080 $14,760 $28,320
2015 $3,909 $42,230 $14,470 $27,760
2014 $3,862 $42,460 $14,500 $27,960
2013 -- $42,460 $14,500 $27,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1222318

RMLS Alliance

APN: 18-04-306-040