$230,000
SOLD APR 14, 2025
5 Beds
-- Bath
2,880 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

16% Below List Price

71 Days on Market

Highlights

  • 6 Car Attached Garage
  • Forced Air Heating System
  • Level Lot
  • Richwoods High School Rated A-

About This Home

As of April 2025

ATTENTION INVESTORS - RICHWOODS SCHOOL DISTRICT - Whether seasoned or looking to add or begin your portfolio, this is a fantastic opportunity. 1524 has been refreshed and is ready for a tenant, or it could be owner occupied while using 1526 as the investment. 1524 last rented for $1,300 per month and is 2 beds, 1.5 baths, 1 stall garage with a full and partially finished basement. 1526 last rented for $1,700 per month and is 3 beds, 2.5 baths, 2 stall garage, and full unfinished basement. It's currently in the process of being refreshed. The price reflects both sides completed, but the seller is more negotiable if the buyer wants to finish the reno themselves. Easy to show and eligible for quick possession. Motivated seller will consider all reasonable offers.

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate Brokerage Email: homes@adammerrick.com License #471018071 Listed on: 12/20/2024

Last Buyer's Agent

Devin McLain

eXp Realty License #475197539

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,593

Year Built

  • Built in 1976

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 86x120x84x120
  • Level Lot

Parking

  • 6 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Bedrooms
  • 2,880 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Richwoods High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Longwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-17-378-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,593

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1976
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 79.86
  • Attribution Contact: homes@adammerrick.com
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick Partial, Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 6

Utilities

  • Heating: Forced Air, Natural Gas, Central Air, Electric Water Heater
  • Water Sewer Expenses: 1200
  • Laundry Features: Private, Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 0
  • NumberofRefrigerators: 0
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Richwoods

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size: 86X120X84X120
  • Parcel #: 14-17-378-029

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6593
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000
  • Annual Operating Expense: 4500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2024
Closed on
Mar 27, 2025
Sold by
Badawi Imad
Bought by
Shah Dhrumil P
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Devin McLain
eXp Realty
List Price
$274,900
Sold Price
$230,000
Premium/Discount to List
-$44,900
-16.33%
Views
15
Current Estimated Value
$233,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,073
Avg. Annual Appreciation
45.54%
Original Mortgage
$225,000
Outstanding Balance
$180,495
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$82,778

Purchase Details

Closed on
Oct 30, 2013
Bought by
Badawi Myrna Ghantous and Badawi Imad
Source: Public Records

Similar Homes in Peoria, IL

  • 1403 W Main St, Peoria, IL 61606

    $189,900

    • 7 Beds
    • 2,712 Sq Ft
    • 1403 W Main St
    • Peoria, IL

    Great investment opportunity in the Uplands right across from Bradley University with its own parking and 2 stall detached garage. Unit 1 has 5 bedrooms, 2 full baths, kitchen, living room space and an enclosed porch. This unit has a finished attic which serves as the 5th bedroom. Unit 2 (basement unit) has 2 bedrooms, 1 full bath, kitchen and living room area. Location is close to the downtown

    Amanda Allsup RE/MAX Traders Unlimited

    Section Image
  • 913 W Shenandoah Dr Unit 2, Peoria, IL 61614

    $200,000

    • 4 Beds
    • 2,196 Sq Ft
    • 913 W Shenandoah Dr
    • Unit 2
    • Peoria, IL

    GREAT INVESTMENT OPPORTUNITY- Well Maintained. Fully rented units. Duplex includes a one stall garage and plenty of room for parking. Large back yard, private side porch, front porch and shared courtyard. 48 Notice for showings. Qualified buyers only.

    Liz Danner RE/MAX WRC Downtown

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $230,000 -16.3% $80 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
12/20/2024 12/20/24 For Sale $274,900 -- $95 / 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 $6,280 $69,430 $10,190 $59,240
2023 $5,993 $63,700 $9,350 $54,350
2022 $6,010 $62,300 $9,100 $53,200
2021 $5,899 $59,340 $8,670 $50,670
2020 $5,887 $58,750 $8,580 $50,170
2019 $5,972 $59,950 $8,760 $51,190
2018 $5,896 $60,540 $8,850 $51,690
2017 $5,895 $61,150 $8,940 $52,210
2016 $5,731 $61,150 $8,940 $52,210
2015 $5,398 $59,950 $8,760 $51,190
2014 $5,399 $58,640 $8,780 $49,860
2013 -- $59,360 $8,890 $50,470
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1255149

RMLS Alliance

APN: 14-17-378-029