NOT LISTED FOR SALE

401 SW Water St Unit 306 Peoria, IL 61602

Downtown Peoria Neighborhood

Estimated Value: $115,000 - $240,025

1 Bed
1 Bath
805 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $205,000 $255 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,304/month

22 Days on Market

Highlights

  • Patio
  • Accessible Doors
  • Ceiling Fan
  • Handicap Accessible
  • Water Softener is Owned

About This Home

As of November 2019

The downtown Peoria riverfront is home to this chic loft condo in the area’s premier industrial Warehouse District! The combined residential and upscale office use building offers secure entry, elevator access, and close proximity to all downtown activities that include restaurants, museum, civic center sports and concerts and much more! You will love the ceiling heights, original century old hardwood flooring, exposed brick walls plus a wall of floor length windows and your private balcony with views of the river and downtown Peoria! This unit features custom maple kitchen cabinetry w/ corian countertops and stainless steel appliances. Plus in unit Bosch washer/dryer. An amazing urban lifestyle awaits!!

Last Agent to Sell the Property

Mark Ferrill

RE/MAX Traders Unlimited License #475126836 Listed on: 09/13/2019

RE/MAX Traders Unlimited

Last Buyer's Agent

Marilyn Kohn

RE/MAX Traders Unlimited License #475100449

RE/MAX Traders Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,121

Year Built

  • Built in 2000

Lot Details

  • 8,712

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Blinds
  • Storage In Attic

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Doors

Outdoor Features

  • Patio

Utilities

  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Association fees include snow removal, ext/cmn area rpr & maint, insurance/common area, insurance/structure, trash collection

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,121

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Condo
  • Unit Style: 1-Level
  • Legal Description: 401 SW WATER ST CONDO, UNIT #306
  • Lvt Date: 09/13/2019
  • Year Built: 2000
  • Conversion: Yes
  • Ada Features: Doors, Elevator, Handicap Access, Wide Doorways, Wide Hallways, Zero Step Entry
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Range/Oven, Washer, Water Softener - Owned
  • Elevator Served: Yes
  • Interior Amenities: Attic Storage, Cable Tv Available, Blinds, Ceiling Fan
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 1
  • Master Bedroom: Dimensions: 9.05x11.03, On Level: Main, Flooring: Hardwood
  • Bathroom Master Bedroom: None
  • Kitchen: Dimensions: 16.06x19.03, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Breakfast Bar, Dining Informal
  • Living Room: Dimensions: 14.04x16.09, On Level: Main, Flooring: Hardwood
  • Price Per Sq Ft: 254.66
  • Finished Sq Ft: 805
  • Total Sq Ft: 805
  • Finished Main Level Sq Ft: 805

Exterior Features

  • Exterior: Brick
  • Exterior Amenities: Patio
  • Road Access: Paved

Garage/Parking

  • Garage Parking: On Street Parking, Parking Garage, Paved

Utilities

  • Heating Cooling: Electric, Forced Air, Water Heater - Electric, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: AMEREN

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Ext/Cmn Area Rpr & Maint, Insurance/Common Area, Insurance/Structure, Trash Collection
  • Monthly Association Fee: 215
  • Condo Project Name: 401 WATER ST CONDO
  • Monthly Mandatory Association: Yes

Schools

  • High School: Manual

Lot Info

  • Lot Description: River View
  • Subdivision: 401 Water
  • Geo Subdivision: IL

Rental Info

  • Pets Allowed: Yes
  • Rental Allowed: Yes

Tax Info

  • Annual Taxes: 4121.16
  • Parcel Id Number Tax Id: 18-09-412-031
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2018

MLS Schools

  • High School School District: Manual

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Nov 15, 2019
Sold by
Durham Dianne L
Bought by
Kirk Dean
Seller's Agent
Mark Ferrill
RE/MAX Traders Unlimited
Buyer's Agent
Marilyn Kohn
RE/MAX Traders Unlimited
List Price
$219,000
Sold Price
$205,000
Premium/Discount to List
-$14,000
-6.39%
Current Estimated Value
$173,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,494
Avg. Annual Appreciation
-3.15%
Original Mortgage
$115,000
Outstanding Balance
$79,915
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$90,511

Purchase Details

Closed on
Jul 18, 2005
Bought by
Durham Dianne L
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
Kirk Dean $205,000 Mack Litonya
Durham Dianne L $86,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirk Dean $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $205,000 -6.4% $255 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $219,000 -- $272 / 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 $4,296 $53,500 $5,680 $47,820
2023 $4,053 $49,080 $5,210 $43,870
2022 $4,120 $48,710 $5,190 $43,520
2021 $4,015 $46,390 $4,940 $41,450
2020 $4,001 $45,930 $4,890 $41,040
2019 $4,072 $46,870 $4,990 $41,880
2018 $4,025 $47,330 $5,040 $42,290
2017 $4,031 $47,810 $5,090 $42,720
2016 $3,907 $47,810 $5,090 $42,720
2015 $3,650 $46,870 $4,990 $41,880
2014 $3,656 $45,650 $4,990 $40,660
2013 -- $46,200 $5,050 $41,150
Source: Public Records

Agents Affiliated with this Home

  • Mark Ferrill

    Seller's Agent in 2019

    Mark Ferrill

    RE/MAX

    (309) 657-3685

    1 in this area

    124 Total Sales

    Mark Ferrill
    Section Image
  • Marilyn Kohn

    Buyer's Agent in 2019

    Marilyn Kohn

    RE/MAX

    (309) 696-7559

    15 in this area

    873 Total Sales

    Marilyn Kohn
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1208912

RMLS Alliance

APN: 18-09-412-031

Illinois Peoria County Peoria 61602 Downtown Peoria

401 SW Water St Unit 306, Peoria, IL

This home is located at 401 SW Water St Unit 306, Peoria, IL 61602 since 13 September 2019 and is currently estimated at $173,506, approximately $215 per square foot. This property was built in 2000. 401 SW Water St Unit 306 is a home located in Peoria County with nearby schools including Manual High School, St Mark School, and Christ Lutheran 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.

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