NOT LISTED FOR SALE

401 SW Water St Unit 704 Peoria, IL 61602

Downtown Peoria Neighborhood

Estimated Value: $189,000 - $262,000

1 Bed
1 Bath
1,129 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $192,000 $170 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,683/month

75 Days on Market

Highlights

  • Patio
  • Ramp on the main level
  • Water Softener is Owned
  • Handicap Accessible
  • Accessible Doors

About This Home

As of January 2021

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 hardwood flooring, exposed brick walls plus a wall of floor length windows & your private balcony with views of the river and downtown Peoria. This unit features an open concept galley style kitchen w/ large breakfast bar, corian countertops and stainless steel appliances. Gorgeous built-ins including media bookcase and queen Murphy bed in the living room to host guests. Plus in unit Bosch washer and dryer. An amazing Urban lifestyle awaits!

Last Agent to Sell the Property

Amy Weaver

Coldwell Banker Real Estate Group License #475140238 Listed on: 09/15/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Amy Weaver

Coldwell Banker Real Estate Group License #475140238 Listed on: 09/15/2020

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,972

Year Built

  • Built in 2000

Lot Details

  • 0.3

Interior Spaces

  • 1 Full Bathroom
  • Blinds
  • Storage In Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Doors
  • Ramp on the main level

Outdoor Features

  • Patio

Utilities

  • Water Softener is Owned
  • Cable TV Available

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,972

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Condo
  • Unit Style: 1-Level
  • Legal Description: 401 WATER ST CONDO, UNIT #704
  • Lvt Date: 09/15/2020
  • Year Built: 2000
  • Conversion: Yes
  • Wheelchair Accessible: Full
  • Ada Features: Doors, Elevator, Handicap Access, Ramped Main Level, Wide Doorways, Wide Hallways, Zero Step Entry
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave Oven, Refrigerator, Range/Oven, Washer, Water Softener - Owned
  • Elevator Served: Yes
  • Interior Amenities: Attic Storage, Cable Tv Available, Blinds
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 1
  • Master Bedroom: Dimensions: 10.09x11.04, On Level: Main, Flooring: Hardwood
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Kitchen: Dimensions: 18.06x23.09, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Breakfast Bar, Dining Informal, Galley
  • Living Room: Dimensions: 16x13.03, On Level: Main, Flooring: Hardwood
  • Price Per Sq Ft: 170.06
  • Finished Sq Ft: 1129
  • Total Sq Ft: 1129
  • Finished Main Level Sq Ft: 1129

Exterior Features

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

Garage/Parking

  • Garage Parking: On Street Parking, Parking Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance/Grounds, Snow Removal, Ext/Cmn Area Rpr & Maint, Insurance/Common Area, Insurance/Structure, Trash Collection
  • Monthly Association Fee: 301
  • 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: 4972.14
  • Parcel Id Number Tax Id: 18-09-412-013
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2019

MLS Schools

  • High School School District: Manual

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Dec 11, 2020
Sold by
Wikoff Living Trust
Bought by
Wolcott Donald
Seller's Agent
Amy Weaver
Coldwell Banker Real Estate Group
Buyer's Agent
Amy Weaver
Coldwell Banker Real Estate Group
List Price
$209,000
Sold Price
$192,000
Premium/Discount to List
-$17,000
-8.13%
Current Estimated Value
$223,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,012
Avg. Annual Appreciation
2.82%
Source: Public Records

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Range of Values:

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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
Wolcott Donald $192,000 Cusack Gilfillan & Oday Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bromley Michael E $78,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $192,000 -4.0% $170 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
11/13/2020 11/13/20 Price Changed $199,900 -4.4% $177 / Sq Ft
09/15/2020 09/15/20 For Sale $209,000 -- $185 / 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 $5,296 $69,550 $7,250 $62,300
2023 $4,969 $63,810 $6,650 $57,160
2022 $5,044 $63,290 $6,600 $56,690
2021 $4,899 $60,280 $6,290 $53,990
2020 $4,879 $59,690 $6,230 $53,460
2019 $4,972 $60,910 $6,360 $54,550
2018 $4,919 $61,510 $6,430 $55,080
2017 $5,411 $62,130 $6,490 $55,640
2016 $5,249 $62,130 $6,490 $55,640
2015 $4,908 $60,910 $6,360 $54,550
2014 $4,915 $59,320 $6,360 $52,960
2013 -- $60,040 $6,440 $53,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1218860

RMLS Alliance

APN: 18-09-412-013