NOT LISTED FOR SALE

501 W Forrest Hill Ave Peoria, IL 61604

West Bluff Neighborhood

Estimated Value: $143,403 - $226,000

4 Beds
2 Baths
2,469 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $110,000 $45 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,359/month

59 Days on Market

About This Home

As of June 2020

Old world charm meets modern updates! Pride of ownership is evident surrounding this 2 story charmer on Forrest Hill. Welcomed with hardwood flooring leading to a large fireplaced family room with flanking den full of built-ins. The formal dining room flows to the galley style kitchen w/ tile flooring, corian countertops and NEW stainless steel range, microwave and refrigerator.Dishwasher is also included. Adorable breakfast nook overlooking the backyard. The upper level is home to 4 bedrooms including the mater bedroom w/ updated full bath w/ modern tile shower. Bedroom 4 has direct access to the master, perfect for nursery, office or dressing room! Charming vintage full bath, glass door knobs and built-ins enhance the charm of this home. A finished rec space w/ built-ins in lower level. Detached 2 car garage. Location in the heart of the city, close to shopping, Interstate plus just minutes to downtown and Bradley University. A great place to call HOME!

Last Agent to Sell the Property

Amy Weaver

Coldwell Banker Real Estate Group License #475140238 Listed on: 02/25/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Aaron Cody

RE/MAX Traders Unlimited License #471021118

RE/MAX Traders Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 1941

Lot Details

  • 6,098

Parking

  • Garage

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Storage In Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Additional Features

  • Patio
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,059

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: FORREST LANE SUB SEW 1/4 SEC 28-9-8E LOT 21
  • Lvt Date: 02/25/2020
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Refrigerator, Range/Oven
  • Fireplace: Living Room, Wood Burning
  • Interior Amenities: Attic Storage, Cable Tv Available, Solid Surface Counter Top
  • Number Fireplaces: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 15.04x11.06, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Full, Partially Finished
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 13.07x10.07, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 11.09x9.07, On Level: Upper, Flooring: Carpet
  • Bedroom 4: Dimensions: 18.03x11.06, On Level: Upper, Flooring: Carpet
  • Den: Dimensions: 12.05x7.08, On Level: Main, Flooring: Laminate
  • Formal Dining Room: Dimensions: 13.02x11.06, On Level: Main, Flooring: Hardwood
  • Informal Dining Room: Dimensions: 9.06x7.07, On Level: Main, Flooring: Tile
  • Kitchen: Dimensions: 10.05x8.03, On Level: Main, Flooring: Tile
  • Kitchen Dining: Dining Formal
  • Living Room: Dimensions: 23.11x13.07, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 350
  • Rec Room: Dimensions: 23.06x12.11, On Level: Basement, Flooring: Carpet
  • Total Basement Sq Ft: 1026
  • Price Per Sq Ft: 51.91
  • Finished Sq Ft: 2469
  • Total Sq Ft: 2119
  • Finished Main Level Sq Ft: 1122
  • Upper Level Finished Sq Ft: 997

Exterior Features

  • Exterior: Aluminum Siding, Brick Partial
  • Exterior Amenities: Patio
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

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

Schools

  • High School: Peoria High

Lot Info

  • Estimated Lot Size: 50X125
  • Estimated Number of Acres: 0.14
  • Lot Description: Level
  • Subdivision: Forrest Lane
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 5059.24
  • Parcel Id Number Tax Id: 14-28-355-060
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2018

MLS Schools

  • High School School District: Peoria High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Bryant Airreal V
Bought by
Johnson Camren
Current Estimated Value
$179,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Outstanding Balance
$105,434
Interest Rate
6.57%
Mortgage Type
FHA
Estimated Equity
$73,667

Purchase Details

Listed on
Feb 25, 2020
Closed on
Jun 2, 2020
Sold by
Cartus Financial Corporation
Bought by
Bryant Airreal V
Seller's Agent
Amy Weaver
Coldwell Banker Real Estate Group
Buyer's Agent
Aaron Cody
RE/MAX Traders Unlimited
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$108,007
Interest Rate
3.38%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2018
Sold by
Sunderland Michael E and Sunderland Kristin
Bought by
Cartus Financial Corp

Purchase Details

Listed on
Jul 30, 2012
Closed on
Oct 17, 2012
Bought by
Sunderland Michael E
Seller's Agent
Suzanne Miller
Jim Maloof Realty, Inc.
Buyer's Agent
Jim Barr
RE/MAX Traders Unlimited
List Price
$174,000
Sold Price
$167,000
Premium/Discount to List
-$7,000
-4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
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
Johnson Camren $101,818 None Listed On Document
Bryant Airreal V $110,000 Cusack Gilfillan Oday Llc
Cartus Financial Corp $156,550 Attorney Only
Sunderland Michael E $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Camren $108,007
Previous Owner Bryant Airreal V $108,007
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2020 06/08/20 Sold $110,000 -4.3% $45 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/13/2020 04/13/20 Price Changed $115,000 -4.1% $47 / Sq Ft
02/25/2020 02/25/20 For Sale $119,900 -28.2% $49 / Sq Ft
10/17/2012 10/17/12 Sold $167,000 -4.0% $68 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $174,000 -- $70 / 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 $4,618 $57,050 $6,510 $50,540
2023 $4,360 $52,340 $5,970 $46,370
2022 $3,135 $38,500 $5,720 $32,780
2021 $3,049 $36,670 $5,450 $31,220
2020 $5,218 $52,070 $5,400 $46,670
2019 $5,293 $53,130 $5,510 $47,620
2018 $4,843 $55,730 $5,560 $50,170
2017 $4,849 $56,300 $5,620 $50,680
2016 $4,703 $56,300 $5,620 $50,680
2015 $4,467 $55,200 $5,510 $49,690
2014 $4,474 $54,530 $5,240 $49,290
2013 -- $55,190 $5,300 $49,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1212907

RMLS Alliance

APN: 14-28-355-060