NOT LISTED FOR SALE

516 W Lakewood Ave Peoria, IL 61614

North Peoria Neighborhood

Estimated Value: $75,717 - $110,000

2 Beds
1 Bath
775 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $37,000 $48 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $681/month

56 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Garage
  • Richwoods High School Rated A-

About This Home

As of April 2012

2 Bedroom home with 2 stall detached garage & 3 season porch.Updated kitchen cabinets & bath.Lender prequalification is required on all offers.Property Sold AS-IS; Owned by Department of Veteran Affairs

Last Agent to Sell the Property

Merle Ice

American Veteran Realty LLC License #471.019434 Listed on: 02/17/2012

Last Buyer's Agent

Merle Ice

American Veteran Realty LLC License #471.019434 Listed on: 02/17/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,390

Year Built

  • Built in 1950

Lot Details

  • 6,011

Parking

  • Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1 Full Bathroom
  • Sun or Florida Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,390

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Exemptions: unknown
  • Legal Description: SUB SW 1/4 SEC 21-9-8E LOT 28
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12x10, On Level: Main, Flooring: Vinyl
  • Basement Foundation: Slab
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 10x8
  • Kitchen: Dimensions: 12x11, On Level: Main, Flooring: Vinyl
  • Laundry: Dimensions: 12x5, On Level: Main
  • Living Room: Dimensions: 12x18, On Level: Main
  • Price Per Sq Ft: 47.74
  • Finished Sq Ft: 775
  • Total Sq Ft: 775
  • Finished Main Level Sq Ft: 775

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Porch/3-Season
  • Road Access: Curbs & Gutters, Private Road
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

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

Schools

  • High School: Richwoods

Lot Info

  • Estimated Lot Size: 120x50
  • Lot Description: Level
  • Subdivision: Sheridan Manor
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1390.18
  • Parcel Id Number Tax Id: 1421351005
  • Tax Year: 2010

MLS Schools

  • High School School District: Richwoods

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2021
Sold by
Fredericks Monica L
Bought by
Holmes James K
Current Estimated Value
$91,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Outstanding Balance
$47,880
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$39,869

Purchase Details

Listed on
Feb 17, 2012
Closed on
Apr 19, 2012
Bought by
Fredericks Robert P
Seller's Agent
Merle Ice
American Veteran Realty LLC
Buyer's Agent
Merle Ice
American Veteran Realty LLC
List Price
$37,900
Sold Price
$37,000
Premium/Discount to List
-$900
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
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
Holmes James K $64,000 Cusack Gilfillan Llc
Fredericks Robert P $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes James K $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $37,000 -2.4% $48 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $37,900 -- $49 / 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 $2,212 $24,460 $6,470 $17,990
2023 $2,111 $22,440 $5,940 $16,500
2022 $2,008 $20,820 $5,730 $15,090
2021 $1,568 $15,770 $5,450 $10,320
2020 $1,565 $15,620 $5,400 $10,220
2019 $1,588 $15,940 $5,510 $10,430
2018 $1,558 $16,000 $5,560 $10,440
2017 $1,559 $16,170 $5,620 $10,550
2016 $1,515 $16,170 $5,620 $10,550
2015 $1,182 $15,850 $5,510 $10,340
2014 $1,182 $12,840 $5,480 $7,360
2013 -- $13,000 $5,550 $7,450
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Merle Ice

    American Veteran Realty LLC

    (309) 360-2440

    7 in this area

    76 Total Sales

    Merle Ice
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Map

Source: RMLS Alliance

MLS Number: RMAPA1134464

RMLS Alliance

APN: 14-21-351-005

Illinois Peoria County Peoria 61614 North Peoria

516 W Lakewood Ave, Peoria, IL

This home is located at 516 W Lakewood Ave, Peoria, IL 61614 since 17 February 2012 and is currently estimated at $91,429, approximately $117 per square foot. This property was built in 1950. 516 W Lakewood Ave is a home located in Peoria County with nearby schools including Von Steuben Middle School, Richwoods High School, and Concordia Lutheran 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.

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