NOT LISTED FOR SALE

114 Lakewood Ave East Peoria, IL 61611

Estimated Value: $151,000 - $198,762

3 Beds
2.5 Baths
1,823 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $176,000 $97 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,208/month

16 Days on Market

Highlights

  • No HOA
  • Water Softener is Owned
  • Ceiling Fan
  • Guest Parking
  • Forced Air Heating System
  • Replacement Windows

About This Home

As of May 2024

Two homes in one! This charming home features a spacious main floor and basement with a private apartment on the second floor. The main level boasts a comfortable living room with tons of natural light, a well-maintained kitchen, and a dining room that is perfect for entertaining guests. Two bedrooms on either side of the full bathroom with plenty of storage in the hallway built-ins. The basement offers a second living room or flex space along with a half bathroom and laundry. Access the upstairs unit through its private entrance at the back of the house. The apartment offers comfortable living space, a full kitchen, and a peaceful bedroom. The extra large bathroom has enough room for a dressing area along with additional storage. Enjoy the conveniences of dual living spaces and the income potential that this versatile and inviting home has to offer. Should you want to turn this back into a single family home, no problem there is one wall to open and your done!

Last Agent to Sell the Property

Tracy Molendi

RE/MAX Traders Unlimited Brokerage Phone: 309-635-0969 License #475193572 Listed on: 03/21/2024

RE/MAX Traders Unlimited

Last Buyer's Agent

Debbie Emanuels

RE/MAX Traders Unlimited License #475158990

RE/MAX Traders Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,314

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 66x297
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,823 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Gravel Driveway
  • Guest Parking

Schools

  • East Peoria Comm High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-05-11-205-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,314

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Architectural Style: One and Half Story
  • New Construction: No
  • PricePerSqFt: 125.45
  • Age55PlusDevelopment: No
  • Attribution Contact: Pref: 309-635-0969
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Water Softener Owned
  • Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Ceiling Fan(s), Window Treatments
  • Living Area: 1823
  • TotalBasementSqFt: 832
  • KitchenDining: Breakfast Bar,Dining Formal

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Replacement Windows
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Gravel, Guest Parking

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: East Peoria Comm

Lot Info

  • Zoning: residential
  • Lot Size: 66x297
  • Parcel #: 05-05-11-205-024
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2314
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 14, 2024
Sold by
Steven P Jones Living Trust and Jones Steven P
Bought by
Marcussen Brent D
Seller's Agent
Tracy Molendi
RE/MAX Traders Unlimited
Buyer's Agent
Debbie Emanuels
RE/MAX Traders Unlimited
List Price
$184,000
Sold Price
$176,000
Premium/Discount to List
-$8,000
-4.35%
Views
85
Current Estimated Value
$184,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,441
Avg. Annual Appreciation
1.52%
Original Mortgage
$132,000
Outstanding Balance
$130,714
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$48,736

Purchase Details

Closed on
May 18, 2017
Sold by
Jones Steven P
Bought by
Jones Steven P and Steven P Jones Living Trust

Purchase Details

Closed on
Feb 8, 2011
Sold by
Clark James E and Clark Richard E
Bought by
Jones Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
2.36%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Marcussen Brent D $176,000 Peoria Title
Jones Steven P -- --
Jones Steven P $65,000 Ht Morton
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcussen Brent D $132,000
Previous Owner Jones Steven P $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $176,000 0.0% $97 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/29/2024 03/29/24 Price Changed $176,000 -4.3% $97 / Sq Ft
03/21/2024 03/21/24 For Sale $184,000 -- $101 / 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 $2,432 $27,420 $6,000 $21,420
2023 $2,432 $25,180 $5,510 $19,670
2022 $2,314 $23,290 $5,100 $18,190
2021 $2,220 $22,390 $4,900 $17,490
2020 $2,171 $22,390 $4,900 $17,490
2019 $2,156 $22,390 $4,900 $17,490
2018 $2,093 $22,360 $5,320 $17,040
2017 $2,071 $21,670 $5,160 $16,510
2016 $2,044 $21,670 $5,160 $16,510
2015 $1,945 $0 $0 $0
2013 $1,958 $21,670 $5,160 $16,510
Source: Public Records

Agents Affiliated with this Home

  • Tracy Molendi

    Seller's Agent in 2024

    Tracy Molendi

    RE/MAX

    (309) 635-0969

    6 in this area

    70 Total Sales

    Tracy Molendi
    Section Image
  • Debbie Emanuels

    Buyer's Agent in 2024

    Debbie Emanuels

    RE/MAX

    (309) 303-4006

    1 in this area

    54 Total Sales

    Debbie Emanuels
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1249057

RMLS Alliance

APN: 05-05-11-205-024

Illinois Tazewell County East Peoria 61611

114 Lakewood Ave, East Peoria, IL

This home is located at 114 Lakewood Ave, East Peoria, IL 61611 since 21 March 2024 and is currently estimated at $184,441, approximately $101 per square foot. This property was built in 1930. 114 Lakewood Ave is a home located in Tazewell County with nearby schools including Woodrow Wilson Elementary School, Glendale Elementary School, and Central Junior 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.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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