NOT LISTED FOR SALE

2510 Martin Luther King jr Dr Peoria, IL 61604

Estimated Value: $48,000 - $62,000

8 Beds
4 Baths
2,850 Sq Ft
$20/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $42,000 $15 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $354/month

28 Days on Market

About This Home

As of May 2022

Package of 2 duplexes(addresses 2510-2512 and 2514-2516), 4 units total. Amenities include; all 2 bedroom units, full walk-out basements, 1 car attached garage for each unit, price reflects need for extensive renovations. Units are currently not habitable. Great opportunity to build equity and create terrific cash flow! Sold completely as-is. Agent owned. Only $49,900

Last Agent to Sell the Property

Brian Monge

Jim Maloof Realty, Inc. License #475124221 Listed on: 03/29/2022

Jim Maloof Realty, Inc.

Last Buyer's Agent

Brooke Richardson

RE/MAX Traders Unlimited License #475195125

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $777

Year Built

  • Built in 1968

Lot Details

  • 0.36

Home Design

  • Duplex

Schools

  • Trewyn Elementary School
  • Manual High School

Utilities

  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$777

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Culver & Edwards Lots 4,5,6,7,8
  • Lvt Date: 03/29/2022
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Price Per Sq Ft: 14.74
  • Total Sq Ft: 2850

Exterior Features

  • Construction Status: Construction Complete
  • Exterior: Aluminum Siding
  • Road Access: Paved
  • Roofing: Shingles
  • Development Name: Culver & Edwards

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Forced Air, Gas, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water

Schools

  • Elementary School: Trewyn
  • High School: Manual
  • Elementary School: Trewyn
  • High School: Manual

Lot Info

  • Estimated Lot Size: 75x192x168x19x75x100
  • Estimated Number of Acres: 0.36
  • Lot Description: Level
  • Zoning: Residential
  • Subdivision: Culver & Edwards
  • Additional Assessor Parcel Numbers: 18-07-380-002

Tax Info

  • Annual Taxes: 777.44
  • Parcel Id Number Tax Id: 18-07-380-008
  • Tax Year: 2021

Multi Family

  • Total Number Units: 4
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Tucker Labertha
Bought by
A & G Llc
Current Estimated Value
$56,667

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 23, 2022
Sold by
Monge Brian J
Bought by
Tucker Labertha
Seller's Agent
Brian Monge
Jim Maloof Realty, Inc.
Buyer's Agent
Brooke Richardson
RE/MAX Traders Unlimited
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Feb 4, 2022
Sold by
P-Town Car Club Inc
Bought by
Monge Brian J

Purchase Details

Closed on
Feb 2, 2022
Sold by
P-Town Car Club Inc
Bought by
Monge Brian J

Purchase Details

Closed on
Jul 1, 2021
Sold by
City Of Peoria
Bought by
P-Town Car Club

Purchase Details

Closed on
Mar 4, 2020
Sold by
Judge Of The Tenth Judicial Circuit Peor
Bought by
Charles Bellemey Revocable Tru and Peoria County Treasurers Offic

Purchase Details

Closed on
Jun 5, 2000
Bought by
Pioneer Civic Services Inc
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
A & G Llc $48,000 None Listed On Document
Tucker Labertha $42,000 None Listed On Document
Monge Brian J -- None Listed On Document
Monge Brian J -- None Listed On Document
P-Town Car Club -- None Listed On Document
Charles Bellemey Revocable Tru -- None Listed On Document
Pioneer Civic Services Inc $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ag Llc $555,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $42,000 -15.8% $15 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $49,900 0.0% $18 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $49,900 -- $18 / 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 $556 $6,150 $930 $5,220
2023 $531 $5,640 $850 $4,790
2022 $521 $5,400 $760 $4,640
2021 $259 $2,610 $390 $2,220
2020 $0 $0 $0 $0
2018 $1,370 $14,070 $740 $13,330
2017 $1,370 $14,210 $750 $13,460
2016 $1,333 $14,210 $750 $13,460
Source: Public Records

Agents Affiliated with this Home

  • Brian Monge

    Seller's Agent in 2022

    Brian Monge

    Jim Maloof Realty, Inc.

    (309) 657-8182

    641 Total Sales

    Brian Monge
    Section Image

  • B

    Buyer's Agent in 2022

    Brooke Richardson

    RE/MAX

    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1232732

RMLS Alliance

APN: 18-07-380-008

Illinois Peoria County Peoria 61604

2510 Martin Luther King jr Dr, Peoria, IL

This home is located at 2510 Martin Luther King jr Dr, Peoria, IL 61604 since 29 March 2022 and is currently estimated at $56,667, approximately $19 per square foot. This property was built in 1968. 2510 Martin Luther King jr Dr is a home located in Peoria County with nearby schools including Manual High School, Christ Lutheran School, and New Life Christian Academy.

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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