NOT LISTED FOR SALE

3601 W Richwoods Blvd Peoria, IL 61604

Lexington Hills Neighborhood

Estimated Value: $181,000 - $236,000

4 Beds
2 Baths
2,242 Sq Ft
$89/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $144,900 $65 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,450/month

179 Days on Market

About This Home

As of April 2020

Great Investment Opportunity! Extremely well kept 2 unit duplex. Each unit is 2 bedroom, 1 bath w/ 2 stall garage. Upper unit has a beautiful Sun Room and lower level includes a screened in porch. Both units fully applianced, including washer & dryer. New roof in 2016. Radon system installed in 2015. Garage doors replaced in 2018. Dishwasher's in both units new in 2019. Lower unit water heater new in 2018. Lower unit has new carpet in 2018 & laminate in 2014/2015. Upper unit carpet is 2 years old and vinyl was new in 2015. Tenants pay electric & water. Both units currently in 2 year leases. Upper unit rents for $1025, lower rents for $865. $22,680 total rent per yr. Interiors have both been recently painted and have newer lighting. Located in Limestone School District on a wooded .23/acre lot.

Last Agent to Sell the Property

Scott Rodgers

RE/MAX Traders Unlimited License #475148656 Listed on: 09/10/2019

RE/MAX Traders Unlimited

Last Buyer's Agent

Lisa Inman

Move Smart Realty License #471022023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,760

Year Built

  • Built in 1976

Lot Details

  • 10,019

Interior Spaces

  • 2-Story Property
  • Storage
  • Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Garage Door Opener

Schools

  • Pleasant Valley Elementary School
  • Limestone Comm High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric only, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,760

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Lot 211-A
  • Lvt Date: 09/10/2019
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Additional Storage, Cable Tv Available, Garage Door Opener(s)
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 2
  • Basement: Finished, Full
  • Price Per Sq Ft: 64.63
  • Total Sq Ft: 2242

Exterior Features

  • Exterior: Brick, Wood Siding
  • Road Access: Paved
  • Exterior Amentities: Fenced

Garage/Parking

  • Garage Parking: Attached, Shared Garage
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Electric, Forced Air, Central Air, Water Heater - Electric
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Pleasant Valley
  • High School: Limestone Comm

Lot Info

  • Estimated Lot Size: 70x143
  • Lot Description: Level, Wooded
  • Subdivision: Lexington Hills
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Electric Only, Water
  • Gross Annual Rent Income: 22680

Tax Info

  • Annual Taxes: 3760.28
  • Parcel Id Number Tax Id: 13-25-401-007
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 22680
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Pleasant Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Mar 20, 2020
Sold by
Zachary Nelson
Bought by
Cmh Investment Group Llc
Seller's Agent
Scott Rodgers
RE/MAX Traders Unlimited
Buyer's Agent
Lisa Inman
Move Smart Realty
List Price
$159,900
Sold Price
$144,900
Premium/Discount to List
-$15,000
-9.38%
Current Estimated Value
$198,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,037
Avg. Annual Appreciation
5.88%
Original Mortgage
$112,000
Outstanding Balance
$87,651
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$111,286

Purchase Details

Listed on
Mar 7, 2015
Closed on
May 26, 2015
Sold by
Dolores Lavin M
Bought by
Nelson Zachary
Seller's Agent
Becky Peterson
Keller Williams Premier Realty
Buyer's Agent
Patti Smith
Keller Williams Premier Realty
List Price
$144,900
Sold Price
$130,000
Premium/Discount to List
-$14,900
-10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$117,000
Interest Rate
3.87%
Mortgage Type
New Conventional
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
Cmh Investment Group Llc $144,900 Hunziker & Heck Llc
Nelson Zachary $130,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cmh Investment Group Llc $112,000
Previous Owner Nelson Zachary $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2020 04/13/20 Sold $144,900 -6.5% $65 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
10/18/2019 10/18/19 Price Changed $154,900 -3.1% $69 / Sq Ft
09/10/2019 09/10/19 For Sale $159,900 +23.0% $71 / Sq Ft
05/20/2015 05/20/15 Sold $130,000 -10.3% $52 / Sq Ft View Prior Sale
04/18/2015 04/18/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $144,900 -- $58 / 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 $4,833 $51,790 $6,630 $45,160
2023 $4,509 $47,510 $6,080 $41,430
2022 $4,163 $43,290 $5,610 $37,680
2021 $4,010 $41,230 $5,340 $35,890
2020 $3,815 $40,820 $5,290 $35,530
2019 $3,879 $41,650 $5,400 $36,250
2018 $3,328 $41,720 $5,450 $36,270
2017 $3,488 $42,150 $5,510 $36,640
2016 $2,854 $42,150 $5,510 $36,640
2015 $2,066 $41,320 $5,400 $35,920
2014 -- $39,040 $5,170 $33,870
2013 -- $39,510 $5,230 $34,280
Source: Public Records

Agents Affiliated with this Home

  • Scott Rodgers

    Seller's Agent in 2020

    Scott Rodgers

    RE/MAX

    (309) 678-0060

    8 in this area

    512 Total Sales

    Scott Rodgers
    Section Image
  • Lisa Inman

    Buyer's Agent in 2020

    Lisa Inman

    Move Smart Realty

    (309) 472-4627

    8 in this area

    758 Total Sales

    Lisa Inman
    Section Image
  • Becky Peterson

    Seller's Agent in 2015

    Becky Peterson

    Keller Williams Premier Realty

    (309) 253-9239

    83 Total Sales

    Becky Peterson
    Section Image

  • P

    Buyer's Agent in 2015

    Patti Smith

    Keller Williams Premier Realty

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAPA1208793

RMLS Alliance

APN: 13-25-401-007

Illinois Peoria County Peoria 61604 Lexington Hills

3601 W Richwoods Blvd, Peoria, IL

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