NOT LISTED FOR SALE

1506 N Broadway St Peoria, IL 61606

West Bluff Neighborhood

Estimated Value: $54,000 - $94,000

4 Beds
2 Baths
1,580 Sq Ft
$47/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $37,000 $23 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $423/month

101 Days on Market

About This Home

As of September 2012

ATTENTION INVESTORS! Earn a great rate of return on this affordable duplex. Main floor unit has enclosed front porch. Upper level unit (back stairs entry) has hardwood floors in bedrooms and living room. 3 window a/c units included. Upper level furnace 2000. Newer water heaters. Separate gas & electric meters. Owner paid water/sewer bills. Updated electrical panels. Front half shingles replaced 2011. Newer deck and steps. Tenants responsible for lawn care and snow removal.

Last Agent to Sell the Property

Michelle Largent

RE/MAX Traders Unlimited License #475095570 Listed on: 04/18/2012

RE/MAX Traders Unlimited

Last Buyer's Agent

Bob Stevenson

RE/MAX Traders Unlimited License #475083798

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1925

Lot Details

  • 0.38

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Franklin Elementary School
  • Peoria High School

Additional Features

  • 2-Story Property
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,172

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: W 1/2 Lot 20 Oakland Park
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full, Walk-Out
  • Price Per Sq Ft: 23.42
  • Total Sq Ft: 1580

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: No Laundry Equipment

Schools

  • Elementary School: Franklin
  • High School: Peoria High

Lot Info

  • Estimated Lot Size: 100x150
  • Estimated Number of Acres: 0.384
  • Lot Description: Level
  • Subdivision: Oakland Park
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 12000
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 1172.46
  • Parcel Id Number Tax Id: 1805277002
  • Tax Year: 2011

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 12000
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Calvin Coolidge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Sep 21, 2012
Bought by
Mckenna Roger D
Seller's Agent
Michelle Largent
RE/MAX Traders Unlimited
Buyer's Agent
Bob Stevenson
RE/MAX Traders Unlimited
List Price
$44,900
Sold Price
$37,000
Premium/Discount to List
-$7,900
-17.59%
Current Estimated Value
$74,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,328
Avg. Annual Appreciation
5.41%
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
Mckenna Roger D $37,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $37,000 -17.6% $23 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $44,900 -- $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 $388 $4,290 $4,290 --
2023 $371 $3,940 $3,940 --
2022 $373 $3,870 $3,870 $0
2021 $1,240 $12,470 $3,700 $8,770
2020 $1,237 $12,340 $3,660 $8,680
2019 $1,254 $12,590 $3,730 $8,860
2018 $1,234 $12,670 $3,720 $8,950
2017 $1,234 $12,800 $3,760 $9,040
2016 $1,200 $12,800 $3,760 $9,040
2015 $1,147 $12,550 $3,690 $8,860
2014 $1,147 $12,460 $3,700 $8,760
2013 -- $12,610 $3,740 $8,870
Source: Public Records

Agents Affiliated with this Home

  • Michelle Largent

    Seller's Agent in 2012

    Michelle Largent

    RE/MAX

    (309) 687-4862

    71 in this area

    689 Total Sales

    Michelle Largent
    Section Image

  • B

    Buyer's Agent in 2012

    Bob Stevenson

    RE/MAX

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAPA1134874

RMLS Alliance

APN: 18-05-277-002

Illinois Peoria County Peoria 61606 West Bluff

1506 N Broadway St, Peoria, IL

Not Listed for Sale

MultiFamily

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