NOT LISTED FOR SALE

1405 E Rouse Ave Peoria, IL 61614

Downtown Peoria Neighborhood

Estimated Value: $52,000 - $71,000

2 Beds
1 Bath
704 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $30,000 $43 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $450/month

About This Home

As of August 2022

INVESTORS! IMMEDIATE CASH FLOW- TENANT PAYING $750 PER MONTH WITH LEASE UNTIL FEBRUARY OF 2023! WITHIN WALKING DISTANCE TO THE SHOPPING, DINING, AND ENTERTAINMENT OF PEORIA HEIGHTS THIS PROPERTY ALWAYS RENTS QUICKLY AND EASILY! GREAT PROPERTY FOR A FIRST TIME INVESTOR OR A SEASONED INVESTOR LOOKING TO EXPAND THEIR PORTFOLIO!

Last Agent to Sell the Property

Christine Schauble

eXp Realty License #471010122 Listed on: 06/20/2022

Last Buyer's Agent

Bryson Smith

Keller Williams Premier Realty License #471021236

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 3,920

Parking

  • Garage

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

  • Hines Elementary School

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: FAIRFAX ADD NE 1/4 SEC 27-9-8E LOT 71
  • Lvt Date: 06/20/2022
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 11x10, On Level: Main, Flooring: Carpet
  • Basement Foundation: Full, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bedroom 2: Dimensions: 11x10, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Kitchen: Dimensions: 11x9, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Living Room: Dimensions: 20x10, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 704
  • Price Per Sq Ft: 42.61
  • Finished Sq Ft: 704
  • Total Sq Ft: 704
  • Finished Main Level Sq Ft: 704

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, On Street Parking, Alley
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: AMEREN

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

Tax Info

  • Annual Taxes: 1753.32
  • Parcel Id Number Tax Id: 14-27-201-032
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Arazi Raimundo and Locke-Arazi Jonina
Bought by
Vivid Homes Leasing Llc
Current Estimated Value
$62,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Outstanding Balance
$59,100
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,765

Purchase Details

Listed on
Jun 20, 2022
Closed on
Sep 1, 2022
Sold by
Short Llc
Bought by
Arazi Raimundo and Locke-Arazi Jonina
Seller's Agent
Christine Schauble
eXp Realty
Buyer's Agent
Bryson Smith
Keller Williams Premier Realty
List Price
$64,900
Sold Price
$30,000
Premium/Discount to List
-$34,900
-53.78%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.38%

Purchase Details

Closed on
Jun 3, 2011
Bought by
Short Matthew L
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
Vivid Homes Leasing Llc -- Certified Title Corporation
Arazi Raimundo $30,000 Cusack & Gilfillan Llc
Short Matthew L $27,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vivid Homes Leasing Llc $59,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $30,000 -33.2% $43 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $44,900 -18.2% $64 / Sq Ft
07/13/2022 07/13/22 Price Changed $54,900 -14.1% $78 / Sq Ft
07/05/2022 07/05/22 Price Changed $63,900 -1.5% $91 / Sq Ft
06/20/2022 06/20/22 For Sale $64,900 -- $92 / 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 $1,425 $15,750 $3,790 $11,960
2023 $1,360 $14,450 $3,480 $10,970
2022 $1,506 $15,610 $3,280 $12,330
2021 $1,477 $14,860 $3,120 $11,740
2020 $1,474 $14,710 $3,090 $11,620
2019 $1,495 $15,010 $3,150 $11,860
2018 $1,660 $17,040 $3,180 $13,860
2017 $1,659 $17,210 $3,210 $14,000
2016 $1,614 $17,210 $3,210 $14,000
2015 $1,536 $16,880 $3,150 $13,730
2014 $1,537 $16,690 $2,990 $13,700
2013 -- $16,900 $3,030 $13,870
Source: Public Records

Agents Affiliated with this Home

  • Christine Schauble

    Seller's Agent in 2022

    Christine Schauble

    eXp Realty

    (309) 208-9900

    44 in this area

    1,238 Total Sales

    Christine Schauble
    Section Image
  • Bryson Smith

    Buyer's Agent in 2022

    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: PA1235287

RMLS Alliance

APN: 14-27-201-032

Illinois Peoria County Peoria 61614 Downtown Peoria

1405 E Rouse Ave, Peoria, IL

Not Listed for Sale

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