NOT LISTED FOR SALE

1402 E Lake Ave Peoria, IL 61614

Downtown Peoria Neighborhood

Estimated Value: $53,000 - $76,000

2 Beds
1 Bath
1,046 Sq Ft
$62/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $40,000 $38 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $490/month

Highlights

  • Ranch Style House
  • High Efficiency Heating System
  • Garage
  • High Efficiency Air Conditioning

About This Home

As of September 2021

Located close to grocery store, restaurants, shopping and Tower Park, this 2 bedroom, 1 bathroom home with enclosed front porch and detached 2 stall garage is a great find. New carpet throughout main level and basement finished space. New kitchen flooring. New paint throughout many rooms. Large finished recreational room located in basement. Newer furnace and a/c. Garage roof replaced 3 years ago. Fenced in back yard. Additional updating may be desired and property is being sold as is.

Last Agent to Sell the Property

Dori DeWitte

Jim Maloof Realty, Inc. License #471019310 Listed on: 08/07/2021

Jim Maloof Realty, Inc.

Last Buyer's Agent

Bryson Smith

Keller Williams Premier Realty License #471021236

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1935

Lot Details

  • 3,920

Parking

  • Garage

Home Design

  • Ranch Style House

Kitchen

  • Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

  • Hines Elementary School

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,890

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: Fairfax Add NE 1/4 Sec 27-8-9E Lot 13
  • Lvt Date: 08/07/2021
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Hood/Fan, Range/Oven, Refrigerator
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12.05x7.1, On Level: Main, Flooring: Carpet
  • Basement Foundation: Block
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 10x7.09, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Kitchen: Dimensions: 8.1x11.1, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Dining/Living Combo
  • Living Room: Dimensions: 23.1x11.1, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 210
  • Rec Room: Dimensions: 22.11x9.03, On Level: Basement, Flooring: Carpet
  • Total Basement Sq Ft: 836
  • Additional Room 2: Dimensions: 20.08x7.08, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 47.85
  • Finished Sq Ft: 1046
  • Total Sq Ft: 836
  • Finished Main Level Sq Ft: 836

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, Shared Drive
  • Garage Yn: Yes

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer

Schools

  • Elementary School: Hines

Lot Info

  • Estimated Lot Size: 30 x 125
  • Estimated Number of Acres: 0.09
  • Lot Description: Level
  • Subdivision: Fairfax
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1890.15
  • Parcel Id Number Tax Id: 14-27-201-010
  • Tax Year: 2020

MLS Schools

  • High School School District: Peoria High
  • Middle School: Von Steuben

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Sep 16, 2021
Sold by
Shay Chris M
Bought by
Dallas Enterprises Llc
Seller's Agent
Dori DeWitte
Jim Maloof Realty, Inc.
Buyer's Agent
Bryson Smith
Keller Williams Premier Realty
List Price
$47,500
Sold Price
$40,000
Premium/Discount to List
-$7,500
-15.79%
Current Estimated Value
$65,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,228
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
May 28, 2004
Bought by
Shay Christopher M
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
Dallas Enterprises Llc $40,000 Elias Meginnes & Seghetti Pc
Dallas Enterprises Llc $40,000 Elias Meginnes & Seghetti Pc
Shay Christopher M $46,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold $40,000 -15.8% $38 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $47,500 -- $45 / 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 $1,748 $19,330 $3,790 $15,540
2023 $1,669 $17,740 $3,480 $14,260
2022 $1,632 $16,920 $3,280 $13,640
2021 $1,602 $16,110 $3,120 $12,990
2020 $1,598 $15,950 $3,090 $12,860
2019 $1,621 $16,270 $3,150 $13,120
2018 $1,589 $16,320 $3,180 $13,140
2017 $1,589 $16,480 $3,210 $13,270
2016 $1,545 $16,480 $3,210 $13,270
2015 $1,471 $16,160 $3,150 $13,010
2014 $1,472 $15,980 $2,990 $12,990
2013 -- $16,180 $3,030 $13,150
Source: Public Records

Agents Affiliated with this Home

  • Dori DeWitte

    Seller's Agent in 2021

    Dori DeWitte

    Jim Maloof Realty, Inc.

    (309) 224-9339

    1 in this area

    97 Total Sales

    Dori DeWitte
    Section Image
  • Bryson Smith

    Buyer's Agent in 2021

    Bryson Smith

    Keller Williams Premier Realty

    (309) 657-7004

    107 in this area

    1,712 Total Sales

    Bryson Smith
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1227719

RMLS Alliance

APN: 14-27-201-010

Illinois Peoria County Peoria 61614 Downtown Peoria

1402 E Lake Ave, Peoria, IL

Not Listed for Sale

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