NOT LISTED FOR SALE

516 E Melbourne Ave Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $67,000 - $95,000

2 Beds
2 Baths
880 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $37,000 $42 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $569/month

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Porch
  • Combination Dining and Living Room

About This Home

As of May 2023

Sold as a 6 home package, investor to investor sale. Homes sold as is and with an tenant in place.

Last Agent to Sell the Property

Josh Graham

RE/MAX Traders Unlimited License #475.173510 Listed on: 03/21/2023

RE/MAX Traders Unlimited

Last Buyer's Agent

Marilyn Kohn

RE/MAX Traders Unlimited License #475100449

RE/MAX Traders Unlimited

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 38x126
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 880 Sq Ft Home
  • Window Treatments
  • Combination Dining and Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Peoria High School

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Forrest Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-33-227-006

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Window Treatments
  • Living Area: 880
  • KitchenDining: Dining/Living Combo

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Block, Aluminum Siding
  • Exterior Features: Porch
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

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

Utilities

  • Heating: Gas, Forced Air, Wall Unit(s)
  • Water Source: Public, Public Sewer

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Peoria High

Lot Info

  • Lot Size: 38x126
  • Parcel #: 14-33-227-006

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2048.58
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Family Lease Llc
Bought by
Bartholomew Terrill
Current Estimated Value
$78,775

Purchase Details

Listed on
Mar 21, 2023
Closed on
May 26, 2023
Sold by
Sam Property Group Iv Llc
Bought by
Family Lease Llc
Seller's Agent
Josh Graham
RE/MAX Traders Unlimited
Buyer's Agent
Marilyn Kohn
RE/MAX Traders Unlimited
List Price
$37,000
Sold Price
$37,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.14%

Purchase Details

Closed on
Jun 13, 2022
Sold by
Strong Todd A
Bought by
Sam Property Group Iv Llc

Purchase Details

Closed on
Nov 24, 2008
Bought by
Sam Property Group Iv Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Bartholomew Terrill $83,000 None Listed On Document
Family Lease Llc $245,000 None Listed On Document
Sam Property Group Iv Llc -- Heyl Royster Voelker & Allen
Sam Property Group Iv Llc $33,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold $37,000 0.0% $42 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $37,000 -- $42 / 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 $1,882 $20,810 $3,030 $17,780
2023 $1,796 $19,090 $2,780 $16,310
2022 $1,806 $18,720 $2,740 $15,980
2021 $1,773 $17,830 $2,610 $15,220
2020 $1,769 $17,650 $2,580 $15,070
2019 $1,794 $18,010 $2,630 $15,380
2018 $1,847 $18,960 $2,650 $16,310
2017 $1,846 $19,150 $2,680 $16,470
2016 $1,795 $19,150 $2,680 $16,470
Source: Public Records

Agents Affiliated with this Home

  • Josh Graham

    Seller's Agent in 2023

    Josh Graham

    RE/MAX

    (309) 258-0543

    150 in this area

    506 Total Sales

    Josh Graham
    Section Image
  • Marilyn Kohn

    Buyer's Agent in 2023

    Marilyn Kohn

    RE/MAX

    (309) 696-7559

    60 in this area

    806 Total Sales

    Marilyn Kohn
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1242853

RMLS Alliance

APN: 14-33-227-006

Illinois Peoria County Peoria 61603 West Bluff

516 E Melbourne Ave, Peoria, IL

Not Listed for Sale

Detached

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