NOT LISTED FOR SALE

120 N Cedar Ave West Peoria, IL 61604

Estimated Value: $81,139 - $119,000

6 Beds
3 Baths
1,918 Sq Ft
$48/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $65,000 $34 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $689/month

21 Days on Market

About This Home

As of April 2021

2 houses on 1 lot! Great income producing properties in West Peoria. Both units remodeled. Numerous opportunities! Rm sizes & SQFT are estimated, not guaranteed to be correct. SQFT taken from Peoria Co records. Bank owned property BOTH PROPERTIES SOLD IN AS IS CONDITION, BANK REPO

Last Agent to Sell the Property

Jerry Stoneburner

Jim Maloof Realty, Inc. License #471021947 Listed on: 03/08/2021

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate License #471018071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $991

Year Built

  • Built in 1920

Lot Details

  • 6,708

Interior Spaces

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

Schools

  • Manual High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$991

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: CEDAR PARK NE 1/4 SEC 7-8-8E LOT 18 BLK A
  • Lvt Date: 03/09/2021
  • Year Built: 1920
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Full
  • Price Per Sq Ft: 33.89
  • Total Sq Ft: 1918

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking, Parking Slab
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, No Cooling, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Manual
  • High School: Manual

Lot Info

  • Estimated Lot Size: 50 x 134
  • Lot Description: Level
  • Subdivision: Cedar Park
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 15000

Tax Info

  • Annual Taxes: 991.34
  • Parcel Id Number Tax Id: 18-07-280-008
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 15000
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 28, 2021
Sold by
First Pekin Savings Bank
Bought by
Nicholson Glenn
Seller's Agent
Jerry Stoneburner
Jim Maloof Realty, Inc.
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$74,000
Sold Price
$65,000
Premium/Discount to List
-$9,000
-12.16%
Current Estimated Value
$92,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,285
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Jun 28, 2017
Sold by
Andrada Wilmer V
Bought by
Salem Carlos E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2001
Bought by
Andrada Wilmer
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
Nicholson Glenn $65,000 Hometown Title
Salem Carlos E $34,500 Attorney Only
Andrada Wilmer $47,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salem Carlos E $47,041
Previous Owner Salem Carlos E $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $65,000 -12.2% $34 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $74,000 -- $39 / 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 $2,231 $26,970 $4,260 $22,710
2023 $2,105 $24,300 $3,840 $20,460
2022 $1,000 $11,270 $3,730 $7,540
2021 $977 $10,630 $3,520 $7,110
2020 $966 $10,420 $3,450 $6,970
2019 $991 $10,520 $3,480 $7,040
2018 $992 $10,830 $3,580 $7,250
2017 $1,873 $20,760 $3,620 $17,140
2016 $1,778 $20,760 $3,620 $17,140
2015 $1,711 $19,960 $3,480 $16,480
2014 $1,733 $19,650 $3,460 $16,190
2013 -- $20,260 $3,570 $16,690
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jerry Stoneburner

    Jim Maloof Realty, Inc.

    Section Image
  • Adam Merrick

    Buyer's Agent in 2021

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    79 in this area

    4,377 Total Sales

    Adam Merrick
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1222804

RMLS Alliance

APN: 18-07-280-008

Illinois Peoria County West Peoria 61604

120 N Cedar Ave, West Peoria, IL

This home is located at 120 N Cedar Ave, West Peoria, IL 61604 since 08 March 2021 and is currently estimated at $92,285, approximately $48 per square foot. This property was built in 1920. 120 N Cedar Ave is a home located in Peoria County with nearby schools including Whittier Primary School, Harold B. Dawson Jr. Middle School, and Manual 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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