NOT LISTED FOR SALE

1501 W Marlene Ave Peoria, IL 61614

North Peoria Neighborhood

Estimated Value: $108,000 - $161,000

3 Beds
1 Bath
1,464 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $80,000 $55 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $927/month

1 Day on Market

Highlights

  • Ceiling Fan
  • Richwoods High School Rated A-
  • Garage

About This Home

As of August 2021

Less than a 1/4 mile from the Metro Center, this adorable home sits amongst beautiful homes and wooded lots. Occupied by the current owner for over 50 years, this home is ready for all your Pinterest & Instagram-inspired home renovation ideas! The basement has been taken down to the studs & is the perfect blank canvas to create that finished basement hang-out you've always wanted. Original hardwood floors are ready to be finished with the color of your choice and the white walls throughout are ready for color! A very large backyard is awaiting patio plans and the detached garage offers a nice amount of extra storage - there's also plenty of parking in the oversized driveway as well. Updates include the furnace in 2014, water heater in 2016 and refrigerator in 2021. If you've been looking for that "sweat-equity" type of home in a convenient central location, this is it. We'd love for you to come explore the possibilities. Home is sold in as-is condition.

Last Agent to Sell the Property

Stephanie Gehrig

Coldwell Banker Real Estate Group License #475126081 Listed on: 07/11/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Rickey Mathis

The Real Estate Group Inc. License #475166875

The Real Estate Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $264

Year Built

  • Built in 1950

Lot Details

  • 0.28

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Thomas Jefferson Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$264

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: SW 1/4 SEC 20-9-8E BEG 729' S & 393.8' E NW COR E 1/2 SW 1/4 SEC 20:E 60' S 199' W 60' N 199' TO POB
  • Lvt Date: 07/11/2021
  • Year Built: 1950
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range/Oven
  • Interior Amenities: Blinds, Ceiling Fan
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 17.05x14.04, On Level: Upper, Flooring: Vinyl
  • Basement Foundation: Block, Full, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11.06x10.07, On Level: Main, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 13.03x10.06, On Level: Main, Flooring: Hardwood
  • Bedroom 3 Egress Window: Yes
  • Den: Dimensions: 11.11x10.05, On Level: Upper, Flooring: Vinyl
  • Kitchen: Dimensions: 11.05x11.03, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 15.08x12.08, On Level: Main, Flooring: Hardwood
  • Total Basement Sq Ft: 837
  • Additional Room 1: Dimensions: 7.07x6.04, On Level: Main, Flooring: Vinyl
  • Price Per Sq Ft: 54.64
  • Finished Sq Ft: 1464
  • Total Sq Ft: 1464
  • Finished Main Level Sq Ft: 837
  • Upper Level Finished Sq Ft: 627

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

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

Schools

  • Elementary School: Thomas Jefferson

Lot Info

  • Estimated Lot Size: 60 x 199
  • Estimated Number of Acres: 0.28
  • Lot Description: Level
  • Subdivision: Unavailable
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 264
  • Parcel Id Number Tax Id: 14-20-327-007
  • Tax Exemptions: Homestead/Owner Occupied, Senior Freeze, Senior Homestead
  • Tax Year: 2020

MLS Schools

  • High School School District: Richwoods
  • Middle School: Rolling Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 2, 2021
Sold by
Lee Bastien Dorothy
Bought by
Lawless Mary
Seller's Agent
Stephanie Gehrig
Coldwell Banker Real Estate Group
Buyer's Agent
Rickey Mathis
The Real Estate Group Inc.
List Price
$74,900
Sold Price
$80,000
Premium/Discount to List
$5,100
6.81%
Current Estimated Value
$131,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,464
Avg. Annual Appreciation
12.52%
Original Mortgage
$60,000
Outstanding Balance
$54,698
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$76,766
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
Lawless Mary $80,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawless Mary $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $80,000 +6.8% $55 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $74,900 -- $51 / 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 $2,854 $37,550 $8,330 $29,220
2023 $2,677 $34,450 $7,640 $26,810
2022 $2,140 $28,180 $7,340 $20,840
2021 $3,127 $31,450 $6,990 $24,460
2020 $0 $31,140 $6,920 $24,220
2019 $2,069 $31,770 $7,060 $24,710
2018 $0 $34,270 $7,130 $27,140
2017 $0 $34,610 $7,200 $27,410
2016 -- $34,610 $7,200 $27,410
2015 -- $33,930 $7,060 $26,870
2014 -- $33,430 $6,710 $26,720
2013 -- $33,830 $6,790 $27,040
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Gehrig

    Seller's Agent in 2021

    Stephanie Gehrig

    Coldwell Banker Real Estate Group

    (309) 645-6293

    54 in this area

    286 Total Sales

    Stephanie Gehrig
    Section Image
  • Rickey Mathis

    Buyer's Agent in 2021

    Rickey Mathis

    The Real Estate Group Inc.

    (309) 369-6539

    36 in this area

    564 Total Sales

    Rickey Mathis
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1226748

RMLS Alliance

APN: 14-20-327-007

Illinois Peoria County Peoria 61614 North Peoria

1501 W Marlene Ave, Peoria, IL

This home is located at 1501 W Marlene Ave, Peoria, IL 61614 since 11 July 2021 and is currently estimated at $131,464, approximately $89 per square foot. This property was built in 1950. 1501 W Marlene Ave is a home located in Peoria County with nearby schools including Dr. C. T. Vivian Primary School, Rolling Acres Middle School, and Richwoods 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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