NOT LISTED FOR SALE

516 W Melbourne Ave Peoria, IL 61604

West Bluff Neighborhood

Estimated Value: $85,094 - $150,000

3 Beds
1 Bath
1,748 Sq Ft
$69/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $73,500 $42 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $942/month

10 Days on Market

About This Home

As of June 2020

Adorable, brick home with a convenient location.

Last Agent to Sell the Property

Brandy Delaney

Jim Maloof Realty, Inc. License #475132088 Listed on: 04/13/2020

Last Buyer's Agent

Jessica Ball

RE/MAX Traders Unlimited License #475175281

RE/MAX Traders Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1940

Lot Details

  • 5,227

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property

Outdoor Features

  • Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: DELMAR GLEN ADDN NW 1/4 SEC 33-9-8E LOT 74 (81-13664)
  • Lvt Date: 04/14/2020
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 26x12, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Full, Partially Finished
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 12x10, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x11, On Level: Main, Flooring: Hardwood
  • Family Room: Dimensions: 25x11, On Level: Basement, Flooring: Carpet
  • Formal Dining Room: Dimensions: 12x11, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 12x8, On Level: Main, Flooring: Tile
  • Living Room: Dimensions: 17x11, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 250
  • Total Basement Sq Ft: 966
  • Price Per Sq Ft: 49.07
  • Finished Sq Ft: 1748
  • Total Sq Ft: 1498
  • Finished Main Level Sq Ft: 966
  • Upper Level Finished Sq Ft: 532

Exterior Features

  • Exterior: Brick
  • Exterior Amenities: Patio
  • Road Access: Paved
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Detached, Alley
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

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

Schools

  • High School: Peoria High

Lot Info

  • Estimated Lot Size: 40x130
  • Estimated Number of Acres: 0.12
  • Lot Description: Level
  • Subdivision: Del Mar
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 2912.76
  • Parcel Id Number Tax Id: 14-33-105-002
  • Tax Year: 2018

MLS Schools

  • High School School District: Peoria High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Jun 10, 2020
Sold by
Busey Bank
Bought by
Thompson Brandon M
Seller's Agent
Brandy Delaney
Jim Maloof Realty, Inc.
Buyer's Agent
Jessica Ball
RE/MAX Traders Unlimited
List Price
$73,500
Sold Price
$73,500
Current Estimated Value
$126,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,060
Avg. Annual Appreciation
11.96%
Original Mortgage
$69,825
Outstanding Balance
$62,218
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$69,420

Purchase Details

Closed on
Jun 9, 2010
Bought by
Lintner Michael D
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
Thompson Brandon M $73,500 Chicago Title
Lintner Michael D $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Brandon M $69,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $73,500 0.0% $42 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $73,500 -- $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 $3,034 $39,540 $7,160 $32,380
2023 $2,849 $36,280 $6,570 $29,710
2022 $2,679 $33,770 $6,110 $27,660
2021 $2,601 $32,160 $5,820 $26,340
2020 $2,589 $31,840 $5,760 $26,080
2018 $2,697 $33,690 $5,940 $27,750
2017 $2,702 $34,030 $6,000 $28,030
2016 $2,615 $34,030 $6,000 $28,030
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brandy Delaney

    Jim Maloof Realty, Inc.

    Section Image
  • Jessica Ball

    Buyer's Agent in 2020

    Jessica Ball

    RE/MAX

    (309) 687-5000

    65 in this area

    447 Total Sales

    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1214175

RMLS Alliance

APN: 14/33/105/002

Illinois Peoria County Peoria 61604 West Bluff

516 W Melbourne Ave, Peoria, IL

This home is located at 516 W Melbourne Ave, Peoria, IL 61604 since 13 April 2020 and is currently estimated at $120,774, approximately $69 per square foot. This property was built in 1940. 516 W Melbourne Ave is a home located in Peoria County with nearby schools including Thomas Jefferson Primary School, Sterling Middle School, and Peoria High 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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