NOT LISTED FOR SALE

1319 E Lake Ave Peoria Heights, IL 61616

Estimated Value: $104,829 - $143,000

2 Beds
1 Bath
820 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $91,000 $111 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $842/month

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 1 Car Detached Garage
  • Corner Lot
  • Formal Dining Room
  • Patio

About This Home

As of October 2023

Affordable 2 bedroom in a great Peoria Heights location! Amenities include; large corner lot, freshly painted interior, fully applianced kitchen, some hardwood floors, arched doorways, nearly all the windows have been replaced, full basement, just a block off Prospect, easy walk to Rock Island Trail and downtown Peoria Heights! $89,900

Last Agent to Sell the Property

Brian Monge

Jim Maloof Realty, Inc. Brokerage Phone: 309-657-8182 License #475124221 Listed on: 09/15/2023

Jim Maloof Realty, Inc.

Last Buyer's Agent

Grant Herrmann

Jim Maloof Realty, Inc. License #475190366

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42 x 120
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 820 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Peoria Heights Gs Elementary School
  • Peoria Heights High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rouse Hazard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-22-456-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,539

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: Pref: 309-657-8182
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Cable Available, Ceiling Fan(s)
  • Living Area: 820
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Block, Wood Siding
  • Exterior Features: Patio, Replacement Windows
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No
  • Waterfrontage: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

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
  • DevelopmentName: Rouse-Hazard

Schools

  • Elementary School: Peoria Heights Gs
  • High School: Peoria Heights

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 42 x 120
  • Additional Parcels Description: N/A
  • Parcel #: 14-22-456-010
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1539.46
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 31, 2023
Sold by
Meritt William and Meritt Linda
Bought by
Herrmann Todd D and Herrmann Lydia R
Seller's Agent
Brian Monge
Jim Maloof Realty, Inc.
Buyer's Agent
Grant Herrmann
Jim Maloof Realty, Inc.
List Price
$89,900
Sold Price
$91,000
Premium/Discount to List
$1,100
1.22%
Views
24
Current Estimated Value
$116,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,207
Avg. Annual Appreciation
12.73%

Purchase Details

Listed on
Sep 28, 2022
Closed on
Oct 14, 2022
Sold by
Martice Pamela
Bought by
Meritt William and Meritt Linda
Seller's Agent
Pam Skehan
Jim Maloof Realty, Inc.
Buyer's Agent
Brian Monge
Jim Maloof Realty, Inc.
List Price
$92,500
Sold Price
$82,000
Premium/Discount to List
-$10,500
-11.35%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$65,600
Interest Rate
5.66%
Mortgage Type
New Conventional
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
Herrmann Todd D $91,000 None Listed On Document
Meritt William $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meritt William $65,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2023 10/26/23 Sold $91,000 +1.2% $111 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $89,900 0.0% $110 / Sq Ft
09/14/2023 09/14/23 Rented $850 0.0% --
09/11/2023 09/11/23 For Rent $850 0.0% --
09/11/2023 09/11/23 Price Changed $850 +6.3% $1 / Sq Ft
08/30/2023 08/30/23 Rented $800 0.0% --
08/21/2023 08/21/23 For Rent $800 0.0% --
10/14/2022 10/14/22 Sold $82,000 -11.4% $100 / Sq Ft View Prior Sale
10/02/2022 10/02/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $92,500 -- $113 / 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 $2,748 $32,180 $3,370 $28,810
2023 $2,645 $29,520 $3,090 $26,430
2022 $1,539 $16,780 $2,880 $13,900
2021 $1,493 $15,980 $2,740 $13,240
2020 $1,525 $15,670 $2,690 $12,980
2019 $1,519 $15,670 $2,690 $12,980
2018 $1,463 $15,190 $2,610 $12,580
2017 $1,483 $15,500 $2,660 $12,840
2016 $1,454 $15,500 $2,660 $12,840
2015 $1,501 $15,500 $2,660 $12,840
2014 $1,518 $16,170 $2,560 $13,610
2013 -- $16,250 $2,570 $13,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1245446

RMLS Alliance

APN: 14-22-456-010