NOT LISTED FOR SALE

5020 N Prospect Rd Peoria Heights, IL 61616

Estimated Value: $231,135 - $946,000

4 Beds
3 Baths
4,191 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $740,000 $177 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,207/month

Highlights

  • Cathedral Ceiling
  • Home Security System
  • Water Softener is Owned
  • Patio
  • Smart Technology
  • 1-minute walk to Wiley Hanes Memorial Park

About This Home

As of September 2022

Elegant 1930's stone cottage with beautiful panoramic river view. New retaining wall in 2021. Home renovations done by Dan Waibel Designer Builder. A chef's dream custom kitchen with 6' x 6' island, beamed ceiling, stone fireplace, 2 sub-zero refrigerators, 2 Bosch dishwashers and Wolf stove are just a few of the features. Garden room opens to brick patio. 2nd bedroom has access to balcony to enjoy the sunrise. Family room with wall of built-in bookcases. Laundry room has 2 LG washer and dryers, utility sink and cabinets. Fun bunk room with 3 bunk beds. No egress in basement bedroom.

Last Agent to Sell the Property

Carol Wenger

RE/MAX Traders Unlimited License #475126551 Listed on: 09/15/2021

RE/MAX Traders Unlimited

Last Buyer's Agent

Mark Wagner

Professional Leasing & Real Es License #471.004739

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,622

Year Built

  • Built in 1934

Lot Details

  • 0.41

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Wired For Sound
  • Cathedral Ceiling
  • Blinds
  • Sump Pump
  • Storage In Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Smart Technology
  • Patio
  • Irrigation

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,622

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: Prospect Heights Sub NE 1/4 Sec 22-9-8E & NE 1/4 Sec 21-9-8E Lot 9 (Exc SW 7" there-of) 131K2
  • Lvt Date: 09/15/2021
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Hood/Fan, Microwave Oven, Refrigerator, Range/Oven, Washer, Water Softener - Owned
  • Fireplace: Gas Logs, Gas Lighter, Kitchen, Living Room, Wood Burning
  • Interior Amenities: Attic Storage, Blinds, Ceilings/Cath/Vault/Tray, Cable Tv Available, Garage Door Opener(s), Security System Available, Smart Technology, Solid Surface Counter Top, Surround Sound Wiring
  • Number Fireplaces: 2
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Number of Full Bathrooms in the Basement: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 16.03x13.09, On Level: Upper, Flooring: Hardwood
  • Basement Foundation: Block, Finished
  • Master Bedroom Egress Window: Yes
  • Bedroom 2: Dimensions: 17x12.02, On Level: Upper, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 14x10.07, On Level: Upper, Flooring: Hardwood
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 12.04x11.07, On Level: Basement, Flooring: Carpet
  • Den: Dimensions: 12.02x10, On Level: Upper, Flooring: Hardwood
  • Family Room: Dimensions: 29.06x12.09, On Level: Basement, Flooring: Carpet
  • Formal Dining Room: Dimensions: 15.06x13.06, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 22.05x17.07, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Dining Formal, Eat-In Kitchen, Island, Pantry
  • Laundry: Dimensions: 10.02x5.07, On Level: Basement, Flooring: Tile
  • Living Room: Dimensions: 22.03x15, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 1079
  • Total Basement Sq Ft: 1200
  • Additional Room 1: Dimensions: 14.11x12.02, On Level: Main, Flooring: Tile
  • Additional Room 2: Dimensions: 14.03x9, On Level: Basement, Flooring: Carpet
  • Price Per Sq Ft: 237.79
  • Finished Sq Ft: 4191
  • Total Sq Ft: 3112
  • Finished Main Level Sq Ft: 1595
  • Upper Level Finished Sq Ft: 1517

Exterior Features

  • Exterior: Stone
  • Exterior Amenities: Irrigation System, Patio, Shed
  • Roofing: Metal, Slate

Garage/Parking

  • Garage Parking: Attached, Guest Parking
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Sewer, Public Water, Sump Pump

Schools

  • High School: Peoria Heights

Lot Info

  • Estimated Lot Size: See Aerial
  • Lot Description: River View
  • Subdivision: Prospect Heights
  • Additional Assessor Parcel Numbers: 14-22-251-011
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 21622.08
  • Parcel Id Number Tax Id: 14-22-251-003
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2021

MLS Schools

  • High School School District: Peoria Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Sep 1, 2022
Sold by
Billington Monica I
Bought by
Hewett Timothy
Seller's Agent
Carol Wenger
RE/MAX Traders Unlimited
Buyer's Agent
Mark Wagner
Professional Leasing & Real Es
List Price
$975,000
Sold Price
$740,000
Premium/Discount to List
-$235,000
-24.1%
Views
6
Current Estimated Value
$664,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,216
Avg. Annual Appreciation
-3.46%

Purchase Details

Closed on
Aug 16, 2021
Sold by
Billington James E
Bought by
Billington Monica I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,750
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 13, 2011
Bought by
Billington James E and Billington Monica I
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
Hewett Timothy $740,000 --
Billington Monica I -- Hometown Title
Billington James E $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Billington Monica I $31,750
Previous Owner Billington Monica I $508,000
Previous Owner Billington James E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $740,000 -11.6% $177 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
04/21/2022 04/21/22 Price Changed $837,500 -6.4% $200 / Sq Ft
02/14/2022 02/14/22 Price Changed $895,000 -8.2% $214 / Sq Ft
01/14/2022 01/14/22 For Sale $975,000 0.0% $233 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $975,000 -- $233 / 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 $24,699 $289,210 $68,140 $221,070
2023 $21,540 $240,390 $62,510 $177,880
2022 $25,319 $275,980 $62,510 $213,470
2021 $21,186 $232,790 $59,510 $173,280
2020 $22,721 $239,410 $58,340 $181,070
2019 $22,627 $239,410 $58,340 $181,070
2018 $21,860 $232,910 $56,590 $176,320
2017 $22,745 $237,660 $57,740 $179,920
2016 $22,296 $237,660 $57,740 $179,920
2015 $23,068 $237,660 $57,740 $179,920
2014 $23,333 $248,550 $44,540 $204,010
2013 -- $249,800 $44,760 $205,040
Source: Public Records

Agents Affiliated with this Home

  • Carol Wenger

    Seller's Agent in 2022

    Carol Wenger

    RE/MAX Traders Unlimited

    (309) 678-2283

    1 in this area

    99 Total Sales

    Carol Wenger
    Section Image
  • Mark Wagner

    Buyer's Agent in 2022

    Mark Wagner

    Professional Leasing & Real Es

    (309) 645-4001

    5 in this area

    433 Total Sales

    Mark Wagner
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1228788

RMLS Alliance

APN: 14-22-251-003

Illinois Peoria County Peoria Heights 61616

5020 N Prospect Rd, Peoria Heights, IL

This home is located at 5020 N Prospect Rd, Peoria Heights, IL 61616 since 15 September 2021 and is currently estimated at $664,784, approximately $158 per square foot. This property was built in 1934. 5020 N Prospect Rd is a home located in Peoria County with nearby schools including Peoria Heights Grade School, Peoria Heights High School, and Montessori School of Peoria.

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.

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