NOT LISTED FOR SALE

1602 S Faraday Ave Peoria, IL 61605

Estimated Value: $38,000 - $66,000

3 Beds
1 Bath
1,755 Sq Ft
$29/Sq Ft Est. Value

Last Sold October 24, 2012

Last sale price $28,000 $16 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $377/month

About This Home

As of October 2012

Great income opportunity! 2 houses for sale on 1 lot. Second home is currently rented. Brick main house is in very good condition. This 3 bedroom, 1.5 bath has all natural maple wood work, a whole house fan, and attached 2 car garage. New windows in '01, new H20 heater in '12. Second house is approximately 825 square feet with a full basement, 2 bedrooms, 1 bath. New H20 heather '12 and furnace and central air are new within last 5 years. SOLD AS IS

Last Agent to Sell the Property

Megan Fleming

RE/MAX Preferred Choice License #475132588 Listed on: 08/31/2012

Last Buyer's Agent

Tom Moran

RE/MAX Preferred Choice License #475122031

RE/MAX Preferred Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $331

Year Built

  • Built in 1900

Lot Details

  • 6,360

Parking

  • Garage

Home Design

  • Ranch Style House

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic

Schools

  • Harrison Elementary School

Additional Features

  • Oven or Range
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$331

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Exemptions: HRE,HE,SF
  • Legal Description: E D Hardins Sub SE 1/4 SEC 18-8-8E Lot 13 Blk 2
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Oven, Washer
  • Interior Amenities: Attic Storage
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Half Bathrooms in the Basement: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 11x10, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Full, Partial
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 10x10, On Level: Main, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10x10, On Level: Main, Flooring: Hardwood
  • Den: Dimensions: 12x7, On Level: Main, Flooring: Other
  • Family Room: Dimensions: 39x27, On Level: Basement, Flooring: Tile
  • Formal Dining Room: Dimensions: 13x13, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 13x10, On Level: Main, Flooring: Carpet
  • Kitchen Dining: Dining Formal, Eat-In Kitchen
  • Laundry: On Level: Basement
  • Living Room: Dimensions: 13x13, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 475
  • Total Basement Sq Ft: 1280
  • Additional Room 1: Dimensions: 13x8, On Level: Basement
  • Price Per Sq Ft: 21.88
  • Finished Sq Ft: 1755
  • Total Sq Ft: 1280
  • Finished Main Level Sq Ft: 1280

Exterior Features

  • Exterior: Brick
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, On Street Parking
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

  • Heating Cooling: Hot Water, Water Heater - Gas, Wall Unit(s), Whole House Fan
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer

Schools

  • Elementary School: Harrison
  • High School: Manual
  • Elementary School: Harrison

Lot Info

  • Estimated Lot Size: 50 x 127
  • Lot Description: Corner
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 330.76
  • Parcel Id Number Tax Id: 1818478001
  • Tax Year: 2011

MLS Schools

  • High School School District: Manual

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2012
Closed on
Oct 24, 2012
Bought by
Uriostegui Maria D and Ochoa Andres
Seller's Agent
Megan Fleming
RE/MAX Preferred Choice
Buyer's Agent
Tom Moran
RE/MAX Preferred Choice
List Price
$35,000
Sold Price
$28,000
Premium/Discount to List
-$7,000
-20%
Current Estimated Value
$51,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,099
Avg. Annual Appreciation
4.76%
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
Uriostegui Maria D $28,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2012 10/24/12 Sold $28,000 -20.0% $16 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $35,000 -- $20 / 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 $1,274 $14,090 $850 $13,240
2023 $1,217 $12,930 $780 $12,150
2022 $974 $10,100 $640 $9,460
2021 $956 $9,620 $610 $9,010
2020 $954 $9,520 $600 $8,920
2019 $967 $9,710 $610 $9,100
2018 $996 $10,230 $650 $9,580
2017 $997 $10,340 $660 $9,680
2016 $969 $10,340 $660 $9,680
2015 $1,052 $10,140 $650 $9,490
2014 $1,052 $11,430 $690 $10,740
2013 -- $11,570 $700 $10,870
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Megan Fleming

    RE/MAX

  • T

    Buyer's Agent in 2012

    Tom Moran

    RE/MAX

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Map

Source: RMLS Alliance

MLS Number: RMAPA1138362

RMLS Alliance

APN: 18-18-478-001

Illinois Peoria County Peoria 61605

1602 S Faraday Ave, Peoria, IL

This home is located at 1602 S Faraday Ave, Peoria, IL 61605 since 31 August 2012 and is currently estimated at $51,099, approximately $29 per square foot. This property was built in 1900. 1602 S Faraday Ave is a home located in Peoria County with nearby schools including Annie Jo Gordon Community Learning Center, Manual High School, and Christ Lutheran 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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