NOT LISTED FOR SALE

2508 W Melrose Place Peoria, IL 61604

Estimated Value: $159,521 - $236,000

3 Beds
3 Baths
2,684 Sq Ft
$71/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $155,000 $58 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,389/month

1 Day on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Fenced Yard
  • Hydromassage or Jetted Bathtub
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of March 2023

WOW! If you're looking for a wonderful cottage style all brick home on a picturesque brick paved street look no further! With it's charming curb appeal, this home exudes character and uniqueness from outside through inside! 3 bedrooms and 3 FULL bathrooms gives plenty of room and privacy. Upstairs you'll love the spacious primary en-suite and separate office space or whatever you care to use it for. Arched doorways throughout gives the home a cozy feel and the carpet has been removed to reveal hardwood underneath! Finished basement with second fireplace allows for another place to gather with family/friends. Fenced yard with brick patio takes the charm to the backyard as well. You will want to see this one right away! All Appliances in kitchen stay, but are not guaranteed or warrantied.

Last Agent to Sell the Property

Shellie Wilkes

Jim Maloof Realty, Inc. License #475171870 Listed on: 02/14/2023

Jim Maloof Realty, Inc.

Last Buyer's Agent

Shellie Wilkes

Jim Maloof Realty, Inc. License #475171870 Listed on: 02/14/2023

Jim Maloof Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x95
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Composition Roof

Interior Spaces

  • 2,684 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Whittier Elementary School
  • Calvin Coolidge Middle School
  • Manual High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Madison Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-07-181-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,451

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Architectural Style: One and Half Story
  • New Construction: No
  • PricePerSqFt: 105.87
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener Owned
  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Living Room
  • Fireplaces: 2
  • Interior Amenities: Cable Available, Garage Door Opener(s), Jetted Tub, Ceiling Fan(s), Skylight(s)
  • Living Area: 2684
  • TotalBasementSqFt: 1220
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Brick
  • Exterior Features: Fenced Yard, Patio, Porch
  • Roof: Composition
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Humidifier, Gas Water Heater, Central
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Whittier
  • High School: Manual
  • Middle Or Junior School: Calvin Coolidge

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50x95
  • Parcel #: 18-07-181-019
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3450.72
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Mar 7, 2023
Sold by
Johnson Jonathan N
Bought by
Watts Christopher D
Seller's Agent
Shellie Wilkes
Jim Maloof Realty, Inc.
Buyer's Agent
Shellie Wilkes
Jim Maloof Realty, Inc.
List Price
$149,999
Sold Price
$155,000
Premium/Discount to List
$5,001
3.33%
Views
13
Current Estimated Value
$191,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,880
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Apr 14, 2021
Sold by
Johnson Jonathan N
Bought by
Johnson Jonathan N

Purchase Details

Listed on
Feb 2, 2018
Closed on
Feb 17, 2018
Sold by
Declaration Of Trust
Bought by
Johnson Jonathan N and Johnson Mika
Seller's Agent
Christine Schauble
eXp Realty
Buyer's Agent
Shellie Wilkes
Jim Maloof Realty, Inc.
List Price
$119,900
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$117,727
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 2, 2018
Closed on
Feb 7, 2018
Sold by
Zilkowski Elizabeth A
Bought by
Johnson Jonathan N and Johnson Mika
Seller's Agent
Christine Schauble
eXp Realty
Buyer's Agent
Shellie Wilkes
Jim Maloof Realty, Inc.
List Price
$119,900
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,727
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

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 Buyer Sale Price Title Company
Watts Christopher D $155,000 --
Johnson Jonathan N -- None Listed On Document
Johnson Jonathan N $119,900 None Listed On Document
Johnson Jonathan N $119,900 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Jonathan N $117,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $155,000 +3.3% $58 / Sq Ft
02/14/2023 02/14/23 For Sale $149,999 +25.1% $56 / Sq Ft
02/28/2018 02/28/18 Sold $119,900 0.0% $45 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $119,900 -- $45 / 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 $4,133 $51,690 $6,920 $44,770
2023 $3,897 $47,420 $6,350 $41,070
2022 $3,544 $42,740 $5,730 $37,010
2021 $3,451 $40,710 $5,460 $35,250
2020 $3,438 $40,310 $5,410 $34,900
2019 $3,500 $41,130 $5,520 $35,610
2018 $3,164 $43,490 $5,570 $37,920
2017 $3,175 $43,930 $5,630 $38,300
2016 $3,066 $43,930 $5,630 $38,300
2015 $2,994 $43,070 $5,520 $37,550
2014 $3,006 $43,520 $5,820 $37,700
2013 -- $44,050 $5,890 $38,160
Source: Public Records

Agents Affiliated with this Home

  • Shellie Wilkes

    Seller's Agent in 2023

    Shellie Wilkes

    Jim Maloof Realty, Inc.

    (309) 370-3117

    135 Total Sales

    Section Image
  • Christine Schauble

    Seller's Agent in 2018

    Christine Schauble

    eXp Realty

    (309) 208-9900

    1,315 Total Sales

    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1240421

RMLS Alliance

APN: 18-07-181-019

Illinois Peoria County Peoria 61604

2508 W Melrose Place, Peoria, IL

This home is located at 2508 W Melrose Place, Peoria, IL 61604 since 14 February 2023 and is currently estimated at $191,880, approximately $71 per square foot. This property was built in 1940. 2508 W Melrose Place is a home located in Peoria County with nearby schools including Whittier Primary School, Harold B. Dawson Jr. Middle School, and Manual 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.

Nearby Homes