NOT LISTED FOR SALE

480 Matheny Rd East Peoria, IL 61611

Estimated Value: $93,000 - $146,000

3 Beds
3 Baths
3,596 Sq Ft
$34/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $62,500 $17 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $946/month

2 Days on Market

Highlights

  • 1.1 Acre Lot
  • Wooded Lot
  • No HOA
  • Creek On Lot
  • Ranch Style House
  • 1 Car Attached Garage

About This Home

As of September 2020

Unlimited possibilities with this rare old 7000 sqft school house on 1 acre. Located privately on the bike trail, this building would be perfect to make your dream home, a bed & breakfast, or anything else your heart desires. Old Glendale school with cathedral ceiling in the 74'x25' great room, original hard wood floors, slate chalkboards, 2 staircases, 10 foot ceilings in bedrooms, 10 burner working stove, and church pews with a lot of major updates done. Newer roof, windows, a/c (condenser unit missing), furnaces, plumbing, water heater, well pump, septic, mostly updated electrical. Attic could be finished to add additional sqft. Plumbing under 1 room on main level that could be finished as additional bath off bedroom. Dry basement ready to be remodeled. Circle Drive with beautiful flat, wooded yard next to creek. Lots of work needed as some of the home has been stripped down to the studs. Don't miss your chance to own a piece of history!

Last Agent to Sell the Property

Shelly Kensinger

RE/MAX Traders Unlimited License #475185637 Listed on: 09/08/2020

Last Buyer's Agent

Katrina Speedie

Speedie Realty Inc License #471001468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $186

Year Built

  • Built in 1960

Lot Details

  • 1.1 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • 3,596 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Steel Siding

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Outdoor Features

  • Creek On Lot

Schools

  • East Peoria Comm High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-05-03-213-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$186

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: In-Law Floorplan
  • Living Area: 3596
  • KitchenDining: Pantry

Exterior Features

  • Lot Features: Level, Wooded, Creek
  • Road Surface Type: Paved
  • Construction Type: Steel Siding, Frame
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Attached, Paved

Utilities

  • Cooling: Zoned, Central Air
  • Heating: Natural Gas, Heating Systems - 2+, Forced Air, Gas Water Heater
  • Water Source: Septic System

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: East Peoria Comm

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 1.1
  • Lot Size: 1.1acres
  • Parcel #: 05-05-03-213-006

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 185.66
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Sep 29, 2020
Sold by
Sanchez Hugo Abraham Garcia and Garcia Auen Carrie
Bought by
Faulkner Casey and Faulkner Jennifer
Seller's Agent
Shelly Kensinger
RE/MAX Traders Unlimited
Buyer's Agent
Katrina Speedie
Speedie Realty Inc
List Price
$65,000
Sold Price
$62,500
Premium/Discount to List
-$2,500
-3.85%
Current Estimated Value
$152,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,002
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
Apr 29, 2019
Sold by
Elvista Baptist Church
Bought by
Garcia Sanchez Hugo Abraham and Garcia Auen Carrie

Purchase Details

Closed on
Mar 14, 2017
Sold by
Church Glendale
Bought by
El Vista Baptist Church
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Faulkner Casey $62,500 Peoria Title Llc
Garcia Sanchez Hugo Abraham -- Hometown Title
El Vista Baptist Church -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $62,500 -3.8% $17 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $65,000 -- $18 / 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 $1,760 $24,660 $2,450 $22,210
2023 $1,760 $22,640 $2,250 $20,390
2022 $1,662 $20,940 $2,080 $18,860
2021 $1,597 $20,130 $2,000 $18,130
2020 $278 $3,600 $1,930 $1,670
2019 $186 $2,420 $1,300 $1,120
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1218589

RMLS Alliance

APN: 05-05-03-213-006