NOT LISTED FOR SALE

509 W Lake Ave Peoria, IL 61614

North Peoria Neighborhood

Estimated Value: $64,000 - $97,244

3 Beds
1 Bath
1,087 Sq Ft
$68/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $53,000 $49 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $554/month

10 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Eat-In Kitchen
  • Richwoods High School Rated A-
  • Porch
  • Patio

About This Home

As of December 2023

Great investment opportunity!! Portfolio of homes around the Peoria area could be a great start - or addition - to your portfolio! Homes could be sold together or separately.

Last Agent to Sell the Property

Bryson Smith

Keller Williams Premier Realty Brokerage Email: homes@brysonsmithteam.com License #471021236 Listed on: 10/23/2023

Keller Williams Premier Realty

Last Buyer's Agent

Makayla Coleman

The Royal Realty Company Illin License #475029007

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 136
  • Level Lot
  • Wooded Lot

Parking

  • On-Street Parking

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,087 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Blinds
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

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
  • Wielands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-21-356-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,976

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Architectural Style: One and Half Story
  • New Construction: No
  • PricePerSqFt: 48.76
  • Age55PlusDevelopment: No
  • Attribution Contact: homes@brysonsmithteam.com
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Cable Available, Blinds, Ceiling Fan(s)
  • Living Area: 1087
  • TotalBasementSqFt: 768
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level, Wooded
  • Road Surface Type: Paved
  • Construction Type: Block, Vinyl Siding
  • Exterior Features: Patio, Porch
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Peoria High

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50 x 136
  • Parcel #: 14-21-356-023

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1976.06
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Dec 15, 2023
Sold by
Morris Robert J and Morris Janet
Bought by
S & S Rock Llc
Seller's Agent
Bryson Smith
Keller Williams Premier Realty
Buyer's Agent
Makayla Coleman
The Royal Realty Company Illin
List Price
$57,000
Sold Price
$53,000
Premium/Discount to List
-$4,000
-7.02%
Views
38
Current Estimated Value
$73,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,561
Avg. Annual Appreciation
19.49%

Purchase Details

Closed on
Aug 29, 2023
Sold by
Rhea And Jiya Investments Llc
Bought by
Morris Robert and Morris Janet

Purchase Details

Listed on
Oct 16, 2018
Closed on
Dec 27, 2018
Sold by
Pillar Prop V Llc
Bought by
Morris Robert
Seller's Agent
Brian Monge
Jim Maloof Realty, Inc.
Buyer's Agent
Jennifer Hamm
PEORIA AREA ASSOCIATION OF REALTORS®
List Price
$57,500
Sold Price
$43,453
Premium/Discount to List
-$14,047
-24.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%

Purchase Details

Closed on
Oct 7, 2011
Bought by
Monge Brian J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
S & S Rock Llc $53,000 None Listed On Document
Morris Robert -- None Listed On Document
Morris Robert $43,453 Attorney Only
Monge Brian J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Robert $47,043
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $53,000 -7.0% $49 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $57,000 +31.2% $52 / Sq Ft
12/28/2018 12/28/18 Sold $43,453 -12.9% $40 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
12/12/2018 12/12/18 Price Changed $49,900 -5.0% $46 / Sq Ft
11/09/2018 11/09/18 Price Changed $52,500 -4.4% $48 / Sq Ft
10/26/2018 10/26/18 Price Changed $54,900 -4.5% $51 / Sq Ft
10/16/2018 10/16/18 For Sale $57,500 -- $53 / 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 $1,844 $20,390 $6,900 $13,490
2023 $1,760 $18,710 $6,330 $12,380
2022 $1,688 $17,500 $6,110 $11,390
2021 $1,657 $16,670 $5,820 $10,850
2020 $1,653 $16,500 $5,760 $10,740
2019 $1,678 $16,840 $5,880 $10,960
2018 $1,648 $16,920 $5,940 $10,980
2017 $1,648 $17,090 $6,000 $11,090
2016 $1,601 $17,090 $6,000 $11,090
2015 $1,536 $16,750 $5,880 $10,870
2014 $1,536 $16,690 $5,850 $10,840
2013 -- $16,890 $5,920 $10,970
Source: Public Records

Agents Affiliated with this Home

  • Bryson Smith

    Seller's Agent in 2023

    Bryson Smith

    Keller Williams Premier Realty

    (309) 657-7004

    402 in this area

    1,749 Total Sales

    Bryson Smith
    Section Image

  • M

    Buyer's Agent in 2023

    Makayla Coleman

    The Royal Realty Company Illin

    9 in this area

    40 Total Sales

    Makayla Coleman
    Section Image
  • Brian Monge

    Seller's Agent in 2018

    Brian Monge

    Jim Maloof Realty, Inc.

    (309) 657-8182

    223 in this area

    641 Total Sales

    Brian Monge
    Section Image

  • J

    Buyer's Agent in 2018

    Jennifer Hamm

    PEORIA AREA ASSOCIATION OF REALTORS®

    Jennifer Hamm
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1246293

RMLS Alliance

APN: 14-21-356-023

Illinois Peoria County Peoria 61614 North Peoria

509 W Lake Ave, Peoria, IL

This home is located at 509 W Lake Ave, Peoria, IL 61614 since 23 October 2023 and is currently estimated at $73,561, approximately $67 per square foot. This property was built in 1940. 509 W Lake Ave is a home located in Peoria County with nearby schools including Von Steuben Middle School, Richwoods High School, and St Thomas Catholic School.

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.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes