NOT LISTED FOR SALE

3820 N Sheridan Knolls Ct Peoria, IL 61614

North Peoria Neighborhood

Estimated Value: $183,000 - $241,000

5 Beds
3 Baths
2,195 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $161,001 $73 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,554/month

2 Days on Market

About This Home

As of January 2023

EXCELLENT INVESTMENT OPPORTUNITY. Duplex - one 3 bed, 1.5 bath, one 2 bed 1 bath. All brick which means very low maintenance cost. Both units have long term tenants. The current rents are under market and has high potential for higher rents. Both units have large rooms. Both sides have a basement. Location is very desirable as it's centrally located and walking distance to Hyvee grocery store. Also close to bus transportation. Tenants pay for electricity, gas and water. Sold as-is.

Last Agent to Sell the Property

Venky Basam

Keller Williams Premier Realty License #475174081 Listed on: 12/14/2022

Keller Williams Premier Realty

Last Buyer's Agent

Venky Basam

Keller Williams Premier Realty License #475174081 Listed on: 12/14/2022

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,985

Year Built

  • Built in 1963

Lot Details

  • 8,189

Home Design

  • Duplex

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Garage
  • Garage Door Opener

Schools

  • Peoria High School

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,985

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: THE KNOLLS NW 1/4 SEC 28-9N-8E N 4.01' LOT 16; ALL LOT 17; S 21.97' LOT 18 BLK 32
  • Lvt Date: 12/14/2022
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available, Garage Door Opener(s), Hi-Speed Internet Availbl
  • Number Dish Washers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 1
  • Basement: Full, Block
  • Price Per Sq Ft: 73.35
  • Total Sq Ft: 2195

Exterior Features

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

Garage/Parking

  • Garage Parking: Detached, Parking Garage
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Private

Schools

  • High School: Peoria High
  • High School: Peoria High

Lot Info

  • Estimated Lot Size: 82 x 100
  • Lot Description: Level
  • Subdivision: The Knolls

Rental Info

  • Tenant Pays: Gas & Electric, Sewer
  • Gross Annual Rent Income: 19080
  • Management Expense: 1908

Tax Info

  • Annual Taxes: 4984.94
  • Parcel Id Number Tax Id: 14-28-151-005
  • Tax Year: 2021

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 19080
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Jan 18, 2023
Sold by
Lankipalle Family Revocable Trust
Bought by
Swaroop Govind and Swaroop Suraj
Seller's Agent
Venky Basam
Keller Williams Premier Realty
Buyer's Agent
Venky Basam
Keller Williams Premier Realty
List Price
$155,000
Sold Price
$161,001
Premium/Discount to List
$6,001
3.87%
Views
1
Current Estimated Value
$213,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,991
Avg. Annual Appreciation
10.82%
Original Mortgage
$120,751
Outstanding Balance
$117,663
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$96,329

Purchase Details

Listed on
Dec 14, 2022
Closed on
Dec 20, 2022
Sold by
Lankipalle Family Revocable Trust
Bought by
Swaroop Govind and Swaroop Suraj
Seller's Agent
Venky Basam
Keller Williams Premier Realty
Buyer's Agent
Venky Basam
Keller Williams Premier Realty
List Price
$155,000
Sold Price
$161,001
Premium/Discount to List
$6,001
3.87%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,751
Outstanding Balance
$117,663
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$96,329

Purchase Details

Closed on
Jul 27, 2020
Sold by
Fricke Lyle R
Bought by
Lankipalle Family Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2002
Bought by
Fricke Lyle R
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
Swaroop Govind $161,001 --
Swaroop Govind $161,001 None Listed On Document
Lankipalle Family Revocable Tr $108,000 Jbn Title
Fricke Lyle R $458,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swaroop Govind $120,751
Closed Swaroop Govind $120,751
Previous Owner Lankipalle Family Revocable Tr $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $161,001 +3.9% $73 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
12/14/2022 12/14/22 For Sale $155,000 -- $71 / 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 $5,078 $56,140 $9,200 $46,940
2023 $4,845 $51,500 $8,440 $43,060
2022 $4,516 $46,820 $7,670 $39,150
2021 $4,433 $44,590 $7,300 $37,290
2020 $4,424 $44,150 $7,230 $36,920
2019 $4,488 $45,050 $7,380 $37,670
2018 $4,472 $45,920 $7,450 $38,470
2017 $4,472 $46,390 $7,530 $38,860
2016 $4,348 $46,390 $7,530 $38,860
2015 $3,974 $45,480 $7,380 $38,100
2014 $3,975 $43,170 $7,000 $36,170
2013 -- $43,700 $7,090 $36,610
Source: Public Records

Agents Affiliated with this Home

  • Venky Basam

    Seller's Agent in 2023

    Venky Basam

    Keller Williams Premier Realty

    (309) 213-1742

    111 in this area

    277 Total Sales

    Venky Basam
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Map

Source: RMLS Alliance

MLS Number: RMAPA1239524

RMLS Alliance

APN: 14-28-151-005

Illinois Peoria County Peoria 61614 North Peoria

3820 N Sheridan Knolls Ct, Peoria, IL

This home is located at 3820 N Sheridan Knolls Ct, Peoria, IL 61614 since 14 December 2022 and is currently estimated at $213,992, approximately $97 per square foot. This property was built in 1963. 3820 N Sheridan Knolls Ct is a home located in Peoria County with nearby schools including Dr. C. T. Vivian Primary School, Rolling Acres Middle School, and Peoria 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.

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