NOT LISTED FOR SALE

1487 Spring Bay Rd East Peoria, IL 61611

Estimated Value: $97,000 - $110,000

2 Beds
1 Bath
1,124 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $70,000 $62 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $639/month

27 Days on Market

Highlights

  • No HOA
  • Formal Dining Room
  • Shed
  • Metamora High School Rated 9+
  • 2 Car Attached Garage
  • Water Softener is Owned

About This Home

As of May 2023

Find what you're looking for in this updated ranch style home with cabin-style interior. Sitting on a quarter of an acre, included in the sale is an extra lot located directly to the north. Convenient and private location just minutes to Rte 116 to get you to where you want to go. This home is move in ready for someone that does not prefer stairs and a few short steps to the large 2 car attached garage. It also boasts newer windows and recently updated private well. Schedule your showing today!

Last Agent to Sell the Property

Scott Rodgers

RE/MAX Traders Unlimited License #475148656 Listed on: 02/27/2023

RE/MAX Traders Unlimited

Last Buyer's Agent

PAAR-NON RMLSA AGENT

Non-MLS License #0000000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1952

Lot Details

  • 0.41

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Asbestos

Interior Spaces

  • 1,124 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Riverview Comm Co Elementary School
  • Metamora High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Radiant Heating System
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Additional Features

  • Shed
  • 0.41 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-14-202-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,136

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1952
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 62.28
  • Age55PlusDevelopment: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Water Softener Owned
  • Basement: Crawl Space, None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1124
  • Stories: 1
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Extra Lot
  • Road Surface Type: Paved
  • Construction Type: Frame, Aluminum Siding, Abestos
  • Exterior Features: Shed(s)
  • Roof: Shingle
  • 100YearPlain: Unknown
  • Conversion: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Gas, Forced Air, Radiant, Gas Water Heater, Central Air
  • Water Source: Private Well, Septic System
  • NumberOfGarageRemotes: 1

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Riverview Comm Co
  • High School: Metamora

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 66x139 & 50x175
  • Additional Parcels Description: 07-14-202-003
  • Parcel #: 07-14-202-004

Rental Info

  • RentalAllowed: 1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2135.6
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
May 15, 2023
Sold by
Smith Troy L and Smith Terese E
Bought by
Gallagher Kathryn Elizabeth
Seller's Agent
Scott Rodgers
RE/MAX Traders Unlimited
Buyer's Agent
PAAR-NON RMLSA AGENT
Non-MLS
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%
Views
136
Current Estimated Value
$103,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,344
Avg. Annual Appreciation
17.16%
Original Mortgage
$61,800
Outstanding Balance
$60,037
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$43,307
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
Gallagher Kathryn Elizabeth $70,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Kathryn Elizabeth $61,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $70,000 -6.5% $62 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $74,900 +274.5% $67 / Sq Ft
06/24/2016 06/24/16 Sold $20,000 -19.7% $18 / Sq Ft View Prior Sale
06/13/2016 06/13/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $24,900 -- $22 / 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 $1,166 $21,318 $3,744 $17,574
2023 $1,496 $19,387 $3,405 $15,982
2022 $2,134 $27,337 $3,124 $24,213
2021 $1,068 $26,911 $3,075 $23,836
2020 $2,086 $26,242 $2,999 $23,243
2019 $2,132 $27,534 $3,147 $24,387
2018 $2,098 $26,477 $3,026 $23,451
2017 $2,339 $29,210 $5,991 $23,219
2016 $2,380 $29,506 $6,052 $23,454
2015 $1,706 $29,864 $6,125 $23,739
2014 $1,706 $29,864 $6,125 $23,739
2013 $1,706 $29,630 $6,077 $23,553
Source: Public Records

Agents Affiliated with this Home

  • Scott Rodgers

    Seller's Agent in 2023

    Scott Rodgers

    RE/MAX

    (309) 678-0060

    520 Total Sales

    Scott Rodgers
    Section Image

  • P

    Buyer's Agent in 2023

    PAAR-NON RMLSA AGENT

    Non-MLS

    Section Image
  • Mark Rosenberg

    Seller's Agent in 2016

    Mark Rosenberg

    Oakwood Real Estate

    (309) 688-6888

    84 Total Sales

    Mark Rosenberg
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1240675

RMLS Alliance

APN: 07-14-202-004

Illinois Woodford County East Peoria 61611

1487 Spring Bay Rd, East Peoria, IL

This home is located at 1487 Spring Bay Rd, East Peoria, IL 61611 since 27 February 2023 and is currently estimated at $103,344, approximately $91 per square foot. This property was built in 1952. 1487 Spring Bay Rd is a home located in Woodford County with nearby schools including Riverview Elementary School and Metamora High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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