NOT LISTED FOR SALE

502 E Forrest Hill Ave Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $43,000 - $56,601

2 Beds
1.5 Baths
866 Sq Ft
$58/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $28,333 $33 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $297/month

19 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Eat-In Kitchen
  • Level Lot

About This Home

As of December 2023

Great investment opportunity or starter home with this 2 bedroom, 1.5 bath, 866 sqft home. The home is centrally located and convenient to Shopping, the highway, Bradley university and downtown.

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate Brokerage Email: homes@adammerrick.com License #471018071 Listed on: 11/14/2023

Last Buyer's Agent

Jessica Ball

RE/MAX Traders Unlimited License #475175281

RE/MAX Traders Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 866 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Peoria High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Taylor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-33-226-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: homes@adammerrick.com
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range/Oven, Washer
  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Cable Available
  • Living Area: 866
  • KitchenDining: Eat-In Kitchen

Exterior Features

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

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: No

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Peoria High

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size: 40X125
  • Parcel #: 14-33-226-002
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1324
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Dec 12, 2023
Sold by
Consolidated Prop Llc Series E
Bought by
Cano Javier Madrid and Martinez Martina Carrete
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Jessica Ball
RE/MAX Traders Unlimited
List Price
$40,000
Sold Price
$28,333
Premium/Discount to List
-$11,667
-29.17%
Views
28
Current Estimated Value
$50,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,817
Avg. Annual Appreciation
35.71%

Purchase Details

Closed on
Sep 7, 2017
Sold by
Midtax Inc
Bought by
Consolidated Properties Llc Series
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
Cano Javier Madrid $42,500 None Listed On Document
Consolidated Properties Llc Series $16,246 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Sold $28,333 -29.2% $33 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $40,000 -- $46 / 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 $392 $4,330 $3,050 $1,280
2023 $342 $3,630 $2,800 $830
2022 $1,036 $18,700 $2,760 $15,940
2021 $1,771 $17,810 $2,630 $15,180
2020 $1,767 $17,630 $2,600 $15,030
2019 $1,792 $17,990 $2,650 $15,340
2018 $1,835 $18,840 $2,670 $16,170
2017 $774 $19,030 $2,700 $16,330
2016 $732 $19,030 $2,700 $16,330
2015 $840 $18,660 $2,650 $16,010
2014 $852 $20,130 $2,520 $17,610
2013 -- $20,370 $2,550 $17,820
Source: Public Records

Agents Affiliated with this Home

  • Adam Merrick

    Seller's Agent in 2023

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    516 in this area

    4,214 Total Sales

    Adam Merrick
    Section Image
  • Jessica Ball

    Buyer's Agent in 2023

    Jessica Ball

    RE/MAX

    (309) 687-5000

    64 in this area

    433 Total Sales

    Jessica Ball
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1246852

RMLS Alliance

APN: 14-33-226-002

Illinois Peoria County Peoria 61603 West Bluff

502 E Forrest Hill Ave, Peoria, IL

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