NOT LISTED FOR SALE

2826 NE Madison Ave Peoria, IL 61603

Downtown Peoria Neighborhood

Estimated Value: $126,000 - $129,000

5 Beds
4 Baths
2,549 Sq Ft
$50/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $101,000 $40 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $900/month

About This Home

As of March 2023

ATTENTION INVESTORS! DON'T MISS THIS ONE! PRIDE OF OWNERSHIP GLEAMS IN THIS WONDERFULLY UPDATED AND MAINTAINED 4 UNIT. 2 LONG TERM TENANTS DISPLAY PRIDE OF OWNERSHIP IN THEIR UNITS AND 2 FRESHLY UPDATED VACANT UNITS WILL ALLOW YOU TO PICK YOUR OWN TENANTS. NUMEROUS UPDATES INCLUDE SIDING, WINDOWS (20+), FLAT ROOF, SOFFIT/FASCIA, FURNACE, FLOORING, PAINT, ELECTRICAL & MORE! OWNER OCCUPANTS YOU MAY BE ABLE TO USE FHA OR VA FINANCING IF YOU OCCUPY ONE UNIT! HURRY THIS ONE WON'T LAST LONG!

Last Agent to Sell the Property

Christine Schauble

eXp Realty License #471010122 Listed on: 12/30/2022

Last Buyer's Agent

Venky Basam

Keller Williams Premier Realty License #475174081

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,825

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 46 x 132
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,549 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

  • Lincoln Elementary School
  • Peoria High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Fairholm Subdivision
  • Trash Expense $1,200

Listing and Financial Details

  • Tenant pays for no utilities
  • Assessor Parcel Number 14-35-307-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,825

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1930
  • New Construction: No
  • Structure Type: Quadruplex
  • PricePerSqFt: 39.62
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas, Hot Water
  • Electric Expense: 3000
  • Water Sewer Expenses: 1800
  • Water Source: Public Sewer, Public
  • GasExpense: 3000
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 1
  • NumberofWaterMeters: 2

Condo/Co-op/Association

  • LawnSnowRemoval: 0

Fee Information

  • Trash Expense: 1200
  • AdvertisingExpense: 0

Schools

  • Elementary School: Lincoln
  • High School: Peoria High

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size: 46 X 132
  • Parcel #: 14-35-307-001

Rental Info

  • Tenant Pays: No Utilities

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1825.22
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 16200
  • Annual Operating Expense: 9000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Mar 16, 2023
Sold by
Russell Jason A
Bought by
Ngwa Fred
Seller's Agent
Christine Schauble
eXp Realty
Buyer's Agent
Venky Basam
Keller Williams Premier Realty
List Price
$115,000
Sold Price
$101,000
Premium/Discount to List
-$14,000
-12.17%
Views
1
Current Estimated Value
$127,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,485
Avg. Annual Appreciation
9.97%
Original Mortgage
$71,250
Outstanding Balance
$69,522
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$57,963

Purchase Details

Closed on
Jan 18, 2019
Sold by
Johnson Deborah R
Bought by
Walker Travis L

Purchase Details

Closed on
Sep 29, 2003
Bought by
Johnson Deborah R
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
Ngwa Fred $101,000 --
Walker Travis L -- Attorney Only
Johnson Deborah R $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngwa Fred $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $101,000 -12.2% $40 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/30/2022 12/30/22 For Sale $115,000 +187.5% $45 / Sq Ft
06/17/2016 06/17/16 Sold $40,000 0.0% $16 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $40,000 -- $16 / 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 $2,458 $27,170 $1,380 $25,790
2023 $2,346 $24,930 $1,270 $23,660
2022 $1,579 $16,370 $1,220 $15,150
2021 $1,550 $15,590 $1,160 $14,430
2020 $1,547 $15,440 $1,150 $14,290
2019 $1,569 $15,750 $1,170 $14,580
2018 $1,697 $17,420 $1,320 $16,100
2017 $1,696 $17,590 $1,330 $16,260
2016 $1,648 $17,590 $1,330 $16,260
2015 $1,636 $17,240 $1,300 $15,940
2014 $1,636 $17,770 $1,370 $16,400
2013 -- $17,990 $1,390 $16,600
Source: Public Records

Agents Affiliated with this Home

  • Christine Schauble

    Seller's Agent in 2023

    Christine Schauble

    eXp Realty

    (309) 208-9900

    36 in this area

    1,307 Total Sales

    Christine Schauble
    Section Image
  • Venky Basam

    Buyer's Agent in 2023

    Venky Basam

    Keller Williams Premier Realty

    (309) 213-1742

    6 in this area

    265 Total Sales

    Venky Basam
    Section Image
  • Nick Bruesch

    Seller's Agent in 2016

    Nick Bruesch

    RE/MAX

    (309) 360-5611

    51 Total Sales

    Nick Bruesch
    Section Image
  • Michelle Largent

    Buyer's Agent in 2016

    Michelle Largent

    RE/MAX

    (309) 687-4862

    12 in this area

    734 Total Sales

    Michelle Largent
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1241024

RMLS Alliance

APN: 14-35-307-001

Illinois Peoria County Peoria 61603 Downtown Peoria

2826 NE Madison Ave, Peoria, IL

This home is located at 2826 NE Madison Ave, Peoria, IL 61603 since 30 December 2022 and is currently estimated at $127,485, approximately $50 per square foot. This property was built in 1930. 2826 NE Madison Ave is a home located in Peoria County with nearby schools including Lincoln School, Peoria High School, and St Thomas Catholic 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