NOT LISTED FOR SALE

1516 Spring Bay Rd East Peoria, IL 61611

Estimated Value: $114,000 - $130,764

3 Beds
1 Bath
1,000 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $95,000 $95 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $897/month

18 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Garage

About This Home

As of July 2022

HOME IS IN AN ESTATE. SOLD AS-IS. VERY WELL BUILT 3 BEDROOM HOME, WITH LARGE FENCED YARD. FURANCE, C/A NEW IN 2019, ROOF IN 2016.

Last Agent to Sell the Property

Dawn Purple

RE/MAX Traders Unlimited License #475125950 Listed on: 05/24/2022

RE/MAX Traders Unlimited

Last Buyer's Agent

Dawn Purple

RE/MAX Traders Unlimited License #475125950 Listed on: 05/24/2022

RE/MAX Traders Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,879

Year Built

  • Built in 1947

Lot Details

  • 0.34

Parking

  • Garage

Home Design

  • Ranch Style House

Schools

  • Riverview Comm Co Elementary School

Utilities

  • Well
  • Septic System

Additional Features

  • 1 Full Bathroom
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,879

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: T27N - R4W - S12 LOT 12 BLK 1 U 1 BAYVIEW GARDENS
  • Lvt Date: 05/25/2022
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13.05x9.05, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Block
  • Master Bedroom Egress Window: Yes
  • Bedroom 2: Dimensions: 10.03x10.09, On Level: Main, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 9.01x11.01, On Level: Main, Flooring: Hardwood
  • Bedroom 3 Egress Window: Yes
  • Informal Dining Room: Dimensions: 13x8, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 13x8, On Level: Main, Flooring: Carpet
  • Kitchen Dining: Dining Informal
  • Living Room: Dimensions: 18x13.05, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 1000
  • Price Per Sq Ft: 95
  • Finished Sq Ft: 1000
  • Total Sq Ft: 1000
  • Finished Main Level Sq Ft: 1000

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Fenced Yard
  • Roofing: Shingles
  • Construction Type: Block

Garage/Parking

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

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Private Well, Septic System

Schools

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

Lot Info

  • Estimated Lot Size: 76 X 200
  • Lot Description: Level
  • Zoning: RESIDENTIAL
  • Subdivision: Bay View Gardens
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1878.72
  • Parcel Id Number Tax Id: 07-12-303-001
  • Tax Year: 2020

MLS Schools

  • High School School District: Metamora

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 12, 2022
Sold by
Mae Downing Ella
Bought by
Wright Joshua
Seller's Agent
Dawn Purple
RE/MAX Traders Unlimited
Buyer's Agent
Dawn Purple
RE/MAX Traders Unlimited
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$119,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,469
Avg. Annual Appreciation
6.72%
Original Mortgage
$92,150
Outstanding Balance
$88,907
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$27,157
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
Wright Joshua $95,000 Cusack & Gilfillan Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Joshua $92,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $95,000 -4.9% $95 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $99,900 -- $100 / 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 $2,917 $42,458 $3,189 $39,269
2023 $2,660 $38,612 $2,900 $35,712
2022 $2,939 $35,427 $2,661 $32,766
2021 $1,878 $34,876 $2,620 $32,256
2020 $1,879 $34,009 $2,555 $31,454
2019 $1,879 $35,683 $2,681 $33,002
2018 $1,881 $34,314 $2,578 $31,736
2017 $1,900 $33,974 $2,552 $31,422
2016 $1,908 $34,317 $2,578 $31,739
2015 $1,815 $34,733 $2,609 $32,124
2014 $1,815 $34,733 $2,609 $32,124
2013 $1,815 $34,461 $2,589 $31,872
Source: Public Records

Agents Affiliated with this Home

  • Dawn Purple

    Seller's Agent in 2022

    Dawn Purple

    RE/MAX

    (309) 712-4644

    109 Total Sales

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Map

Source: RMLS Alliance

MLS Number: PA1234471

RMLS Alliance

APN: 07-12-303-001

Illinois Woodford County East Peoria 61611

1516 Spring Bay Rd, East Peoria, IL

This home is located at 1516 Spring Bay Rd, East Peoria, IL 61611 since 24 May 2022 and is currently estimated at $121,691, approximately $121 per square foot. This property was built in 1947. 1516 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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