NOT LISTED FOR SALE

1240 E Forrest Hill Ave Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $49,000 - $68,000

3 Beds
1 Bath
1,010 Sq Ft
$56/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $25,000 $25 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $390/month

570 Days on Market

About This Home

As of June 2021

A tenant has occupied this home for over 34 years! Rent is currently $600 a month. The roof was installed in 2009, water heater in 2019. There are some replacement windows. Square footage and room dimensions are not guaranteed. Buyers should measure for their satisfaction. This property is part of a larger bundle of properties. Call for details.

Last Agent to Sell the Property

Laura Martin

RE/MAX Traders Unlimited License #475126374 Listed on: 10/21/2019

RE/MAX Traders Unlimited

Last Buyer's Agent

Jennifer Hamm

PEORIA AREA ASSOCIATION OF REALTORS® License #471020443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 1926

Lot Details

  • 3,790

Home Design

  • Bungalow

Bedrooms and Bathrooms

  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,265

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: Oaklawn sub NW 1/4 SEC 34-9-8E Lot 3
  • Lvt Date: 02/26/2020
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x10, On Level: Upper, Flooring: Hardwood
  • Basement Foundation: Block, Crawl Space, Partial, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11x10, On Level: Upper, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 12x11, On Level: Main, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Kitchen: Dimensions: 12x10, On Level: Main, Flooring: Other
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 12x12, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 620
  • Additional Room 1: Dimensions: 5x6, On Level: Main, Flooring: Hardwood
  • Additional Room 2: Dimensions: 18x6, On Level: Main, Flooring: Hardwood
  • Price Per Sq Ft: 24.75
  • Finished Sq Ft: 1010
  • Total Sq Ft: 1010
  • Finished Main Level Sq Ft: 690
  • Upper Level Finished Sq Ft: 320

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Gravel

Utilities

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

Lot Info

  • Estimated Lot Size: 30 x 126
  • Lot Description: Level
  • Subdivision: Oaklawn
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1265.02
  • Parcel Id Number Tax Id: 14-34-128-016
  • Tax Year: 2020

MLS Schools

  • High School School District: Peoria High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jun 15, 2021
Sold by
Philip Schertz
Bought by
Dreamzmaker Llc
Seller's Agent
Laura Martin
RE/MAX Traders Unlimited
Buyer's Agent
Jennifer Hamm
PEORIA AREA ASSOCIATION OF REALTORS®
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Current Estimated Value
$56,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,107
Avg. Annual Appreciation
20.32%
Original Mortgage
$20,000
Outstanding Balance
$18,108
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$37,999

Purchase Details

Closed on
Nov 13, 2003
Bought by
Schertz Philip A
Source: Public Records

Range of Values:

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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
Dreamzmaker Llc $25,000 None Listed On Document
Schertz Philip A $162,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dreamzmaker Llc $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $25,000 -16.4% $25 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/23/2020 05/23/20 For Sale $29,900 0.0% $30 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
10/21/2019 10/21/19 For Sale $29,900 -- $30 / 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 $1,150 $12,710 $2,710 $10,000
2023 $1,097 $11,660 $2,490 $9,170
2022 $1,022 $10,590 $2,380 $8,210
2021 $1,003 $10,090 $2,270 $7,820
2020 $1,001 $9,990 $2,250 $7,740
2019 $1,016 $10,200 $2,300 $7,900
2018 $1,089 $11,180 $2,360 $8,820
2017 $1,088 $11,290 $2,380 $8,910
2016 $1,058 $11,290 $2,380 $8,910
2015 $1,063 $11,070 $2,330 $8,740
2014 $1,063 $11,550 $2,310 $9,240
2013 -- $11,690 $2,340 $9,350
Source: Public Records

Agents Affiliated with this Home

  • Laura Martin

    Seller's Agent in 2021

    Laura Martin

    RE/MAX

    (309) 369-6888

    11 in this area

    130 Total Sales

    Laura Martin
    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Hamm

    PEORIA AREA ASSOCIATION OF REALTORS®

    Jennifer Hamm
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1212933

RMLS Alliance

APN: 14-34-128-016

Illinois Peoria County Peoria 61603 West Bluff

1240 E Forrest Hill Ave, Peoria, IL

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