NOT LISTED FOR SALE

508 E Archer Ave Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $43,000 - $48,000

2 Beds
1 Bath
928 Sq Ft
$49/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $32,500 $35 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $334/month

12 Days on Market

Highlights

  • Deck
  • Porch
  • Garage
  • Fenced Yard
  • Bungalow

About This Home

As of February 2022

Welcome to 508 E Archer. This home features a generously sized front porch, maintenance free vinyl siding and natural floor plan layout with stairs to the attic area that could be finished into additional living space for the new owner. This could be cheaper than renting or make a fantastic investment opportunity. Other features include a fenced in yard, generous deck and detached 1 car garage with alley access. The water heater was just replaced in September 2021. The parking pad out front is shared with the neighbor. Please note that while this is a short sale listing, agent has a direct line to the asset manager and all offers will have a response within 1-2 business days. Don't wait to make your appointment for this great opportunity!

Last Agent to Sell the Property

Nick Bruesch

RE/MAX Traders Unlimited License #475130420 Listed on: 01/07/2022

RE/MAX Traders Unlimited

Last Buyer's Agent

Ryan Deiss

Keller Williams Revolution Mac License #475145820

Keller Williams Revolution Mac

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $364

Year Built

  • Built in 1929

Lot Details

  • 5,227

Parking

  • Garage

Home Design

  • Bungalow

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Dishwasher
  • 1 Full Bathroom
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$364

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: HEIDRICH & AVERY ADD SE 1/4 SEC 33-9-8E LOT 4 BLK 2 (93-10110)
  • Lvt Date: 01/07/2022
  • Year Built: 1929
  • Conversion: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Number Fireplaces: 1
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12x9, On Level: Main, Flooring: Carpet
  • Basement Foundation: Block
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 12x9, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Informal Dining Room: Dimensions: 11x13, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 11x10, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining Informal
  • Living Room: Dimensions: 12x13, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 35.02
  • Finished Sq Ft: 928
  • Total Sq Ft: 928
  • Finished Main Level Sq Ft: 928

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Fenced Yard, Porch
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, Shared Drive
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

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

Lot Info

  • Estimated Lot Size: 40x125
  • Estimated Number of Acres: 0.12
  • Lot Description: Level
  • Subdivision: Heidich & Avery
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 364.2
  • Parcel Id Number Tax Id: 14-33-428-003
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2020

MLS Schools

  • High School School District: Peoria High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Anderson Derick
Bought by
Big Cat Management 11 Llc
Current Estimated Value
$45,117

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 15, 2022
Sold by
Hagaman Pamela S
Bought by
Anderson Derick
Seller's Agent
Nick Bruesch
RE/MAX Traders Unlimited
Buyer's Agent
Ryan Deiss
Keller Williams Revolution Mac
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 10, 2022
Sold by
Hagaman Pamela S
Bought by
Anderson Derick
Seller's Agent
Nick Bruesch
RE/MAX Traders Unlimited
Buyer's Agent
Ryan Deiss
Keller Williams Revolution Mac
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%
Source: Public Records

Range of Values:

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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
Big Cat Management 11 Llc $10,000 None Listed On Document
Anderson Derick $32,500 Miller Theresa
Anderson Derick $32,500 Miller Theresa
Anderson Derick $32,500 Miller Theresa
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $32,500 -6.9% $35 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $34,900 -- $38 / 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 $1,172 $12,960 $2,420 $10,540
2023 $1,119 $11,890 $2,220 $9,670
2022 $96 $10,690 $2,140 $8,550
2021 $99 $10,180 $2,040 $8,140
2020 $100 $10,080 $2,020 $8,060
2019 $100 $10,280 $2,060 $8,220
2018 $126 $12,290 $2,170 $10,120
2017 $630 $12,410 $2,190 $10,220
2016 $601 $12,410 $2,190 $10,220
2015 $703 $12,170 $2,150 $10,020
2014 $711 $13,490 $2,260 $11,230
2013 -- $13,660 $2,290 $11,370
Source: Public Records

Agents Affiliated with this Home

  • Nick Bruesch

    Seller's Agent in 2022

    Nick Bruesch

    RE/MAX

    (309) 360-5611

    11 in this area

    55 Total Sales

    Nick Bruesch
    Section Image
  • Ryan Deiss

    Buyer's Agent in 2022

    Ryan Deiss

    Keller Williams Revolution Mac

    (309) 369-7198

    28 in this area

    253 Total Sales

    Ryan Deiss
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1231167

RMLS Alliance

APN: 14-33-428-003

Illinois Peoria County Peoria 61603 West Bluff

508 E Archer Ave, Peoria, IL

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