NOT LISTED FOR SALE

1407 N Machin Ave Peoria, IL 61606

West Bluff Neighborhood

Estimated Value: $52,000 - $97,000

4 Beds
3 Baths
1,930 Sq Ft
$42/Sq Ft Est. Value

Last Sold March 29, 2012

Last sale price $25,500 $13 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $565/month

285 Days on Market

About This Home

As of March 2012

Great income property on quiet dead-end street near Bradley University. Duplex in good condition. Gas & Electric to large detached garage (not for tenant use). Previously used as business storage. MOTIVATED SELLER. Tenants on month to month basis.

Last Agent to Sell the Property

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786 Listed on: 05/20/2011

Jim Maloof Realty, Inc.

Last Buyer's Agent

Diane Vespa

Realty Executives Acclaimed License #471002172

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,085

Year Built

  • Built in 1925

Lot Details

  • 9,540

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Peoria High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,085

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Lots 4 & 5, BLK A
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 13.21
  • Total Sq Ft: 1930

Exterior Features

  • Exterior: Wood Siding
  • Road Access: Curbs & Gutters

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Baseboard, Electric, Forced Air, Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Private

Schools

  • High School: Peoria High

Lot Info

  • Estimated Lot Size: 60 x 160
  • Lot Description: Level
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 10800

Tax Info

  • Annual Taxes: 1084.9
  • Parcel Id Number Tax Id: 1805254014
  • Tax Year: 2010

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 10800
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2011
Closed on
Mar 29, 2012
Bought by
Groom Timothy J
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Diane Vespa
Realty Executives Acclaimed
List Price
$54,000
Sold Price
$25,500
Premium/Discount to List
-$28,500
-52.78%
Current Estimated Value
$81,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,167
Avg. Annual Appreciation
8.85%
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

Date Buyer Sale Price Title Company
Groom Timothy J $25,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2012 03/29/12 Sold $25,500 -52.8% $13 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
05/20/2011 05/20/11 For Sale $54,000 -- $28 / 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 $1,615 $17,850 $4,030 $13,820
2023 $1,541 $16,380 $3,700 $12,680
2022 $1,496 $15,510 $3,350 $12,160
2021 $1,468 $14,770 $3,190 $11,580
2020 $1,466 $14,630 $3,160 $11,470
2019 $1,486 $14,920 $3,220 $11,700
2018 $1,464 $15,030 $3,220 $11,810
2017 $1,463 $15,180 $3,250 $11,930
2016 $1,423 $15,180 $3,250 $11,930
2015 $1,587 $14,890 $3,190 $11,700
2014 $1,587 $17,240 $3,170 $14,070
2013 -- $17,450 $3,210 $14,240
Source: Public Records

Agents Affiliated with this Home

  • Ryan Blackorby

    Seller's Agent in 2012

    Ryan Blackorby

    Jim Maloof Realty, Inc.

    (309) 657-6787

    55 in this area

    794 Total Sales

    Ryan Blackorby
    Section Image

  • D

    Buyer's Agent in 2012

    Diane Vespa

    Realty Executives

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAPA1127006

RMLS Alliance

APN: 18-05-254-014

Illinois Peoria County Peoria 61606 West Bluff

1407 N Machin Ave, Peoria, IL

Not Listed for Sale

MultiFamily

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