NOT LISTED FOR SALE

1222 E Melbourne Ave Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $132,000 - $146,000

6 Beds
6 Baths
2,736 Sq Ft
$51/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2020

Last sale price $93,000 $34 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,032 / mo

30 Days on Market

About This Home

As of December 2020

This All brick 3 unit building is completely rented out with laundry hook ups and garages for each unit. Call today to start investing immediately.

Last Agent to Sell the Property

Tracey Gerard

Signature Heights Realty, LLC Brokerage Phone: 309-241-2322 License #471.019374 Listed on: 09/23/2020

Last Buyer's Agent

Jacqueline Spencer

Keller Williams Revolution License #475.172555

Keller Williams Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,236

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 75x125
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 6 Bedrooms
  • 2,736 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • On-Street Parking

Schools

  • Peoria High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Oaklawn Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, trash collection, sewer, water
  • Assessor Parcel Number 14-34-129-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,236

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1965
  • New Construction: No
  • Structure Type: Triplex
  • Attribution Contact: Pref: 309-241-2322
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Peoria High

Lot Info

  • Lot Size: 75x125
  • Parcel #: 14-34-129-007

Rental Info

  • Tenant Pays: All Utilities, Trash Collection, Sewer, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4235.76
  • TaxExemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Dec 4, 2020
Sold by
Bought by
Seller's Agent
Tracey Gerard
Signature Heights Realty, LLC
Buyer's Agent
Jacqueline Spencer
Keller Williams Revolution
List Price
$99,900
Sold Price
$93,000
Premium/Discount to List
-$6,900
-6.91%
Current Estimated Value
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,000
Avg. Annual Appreciation
7.59%
Original Mortgage
$100,000
Outstanding Balance
$89,030
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$50,970

Purchase Details

Listed on
Feb 11, 2016
Closed on
Dec 12, 2016
Sold by
Bought by
Seller's Agent
Jim Mitzelfelt
Century 21 Lincoln National Re
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$159,900
Sold Price
$95,000
Premium/Discount to List
-$64,900
-40.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%

Purchase Details

Closed on
Dec 20, 2013
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$93,000 Kepple Law Group Llc
$95,000 Attorney Only
$19,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $93,000 0.0% $34 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/18/2020 10/18/20 Off Market $93,000 -- --
10/11/2020 10/11/20 For Sale $99,900 0.0% $37 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $99,900 +5.2% $37 / Sq Ft
12/28/2016 12/28/16 Sold $95,000 -40.6% $35 / Sq Ft View Prior Sale
11/19/2016 11/19/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $159,900 -- $58 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,363 $37,180 $3,300 $33,880
2023 $3,209 $34,110 $3,030 $31,080
2022 $3,248 $33,670 $2,920 $30,750
2021 $3,188 $32,070 $2,780 $29,290
2020 $3,181 $31,750 $2,750 $29,000
2019 $3,228 $32,400 $2,810 $29,590
2018 $3,698 $37,970 $2,510 $35,460
2017 $3,698 $38,360 $2,540 $35,820
2016 $3,595 $38,360 $2,540 $35,820
2015 $3,478 $37,610 $2,490 $35,120
2014 $3,478 $37,780 $2,480 $35,300
2013 -- $38,240 $2,510 $35,730
Source: Public Records

Agents Affiliated with this Home

  • Tracey Gerard

    Seller's Agent in 2020

    Tracey Gerard

    Signature Heights Realty, LLC

    (309) 241-2322

    5 in this area

    166 Total Sales

    Tracey Gerard
    Section Image
  • Jacqueline Spencer

    Buyer's Agent in 2020

    Jacqueline Spencer

    Keller Williams Revolution

    (309) 825-4375

    156 Total Sales

    Jacqueline Spencer
    Section Image
  • Jim Mitzelfelt

    Seller's Agent in 2016

    Jim Mitzelfelt

    Century 21 Lincoln National Re

    (309) 635-9325

    23 in this area

    78 Total Sales

    Jim Mitzelfelt
    Section Image
  • Adam Merrick

    Buyer's Agent in 2016

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    471 in this area

    3,744 Total Sales

    Adam Merrick
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1219097

RMLS Alliance

APN: 14-34-129-007

Illinois Peoria County Peoria 61603 West Bluff

1222 E Melbourne Ave, Peoria, IL

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RMLS Alliance All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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