NOT LISTED FOR SALE

5215 N Montclair Ave Peoria Heights, IL 61616

Estimated Value: $219,000 - $282,000

8 Beds
4 Baths
2,400 Sq Ft
$102/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $181,000 $75 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,806/month

About This Home

As of June 2021

Take a look at this beautifully updated duplex in the Heights! Both sides with 2 bedrooms on the main floor and 2 on the lower level (no egress). Many recent updates including new flooring and lighting. Currently bringing in $2,260 in rent every month. Great investment opportunity or live in one side and rent out the other!

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate License #471018071 Listed on: 04/19/2021

Last Buyer's Agent

Tracy Morris

eXp Realty License #475190471

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,793

Year Built

  • Built in 1969

Lot Details

  • 0.26

Home Design

  • Duplex

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Peoria Heights High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,793

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: PROSPECT HEIGHTS SUB NE 1/4 SEC 21-9-8E LOTS 7 THRU 9 (EX THE NWLY 4' LOT 9) & BEG NLY COR LOT 6:SEL
  • Lvt Date: 04/27/2021
  • Year Built: 1969
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 2
  • Basement: Finished, Full, Walk-Out
  • Price Per Sq Ft: 75.42
  • Total Sq Ft: 2400

Exterior Features

  • Exterior: Brick
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, On-Street Parking
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: Peoria Heights

Lot Info

  • Estimated Lot Size: 90X130
  • Estimated Number of Acres: 0.26
  • Lot Description: Level
  • Subdivision: Prospect Heights
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 27120
  • Lease Information: 1 Year, Month-To-Month

Tax Info

  • Annual Taxes: 2793
  • Parcel Id Number Tax Id: 14-21-231-006
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 27120
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 22, 2021
Sold by
Khaiser Afrin M and Khaiser Fatima Y
Bought by
Ross Joseph
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Tracy Morris
eXp Realty
List Price
$189,900
Sold Price
$181,000
Premium/Discount to List
-$8,900
-4.69%
Current Estimated Value
$244,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,999
Avg. Annual Appreciation
7.12%
Original Mortgage
$159,280
Outstanding Balance
$144,208
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$100,791

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 29, 2018
Sold by
Peoria Premier Properties Llc
Bought by
Khaiser Afrin M and Khalid Fatima Y
Seller's Agent
Christine Schauble
eXp Realty
Buyer's Agent
Christine Schauble
eXp Realty
List Price
$139,900
Sold Price
$105,000
Premium/Discount to List
-$34,900
-24.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.62%
Original Mortgage
$78,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 25, 2018
Sold by
Peoria Premier Properties Llc
Bought by
Afrin Khaiser M and Khalid Fatima Y
Seller's Agent
Christine Schauble
eXp Realty
Buyer's Agent
Christine Schauble
eXp Realty
List Price
$139,900
Sold Price
$105,000
Premium/Discount to List
-$34,900
-24.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Ross Joseph $181,000 None Listed On Document
Khaiser Afrin M $105,000 Cusack Gilfillan Oday Llc
Afrin Khaiser M $105,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Joseph $159,280
Previous Owner Khaiser Afrin M $78,750
Previous Owner Afrin Khaiser M $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $181,000 +0.6% $75 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $179,900 -5.3% $75 / Sq Ft
04/27/2021 04/27/21 For Sale $189,900 +80.9% $79 / Sq Ft
10/25/2018 10/25/18 Sold $105,000 -19.2% $44 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
09/20/2018 09/20/18 Price Changed $129,900 -7.1% $54 / Sq Ft
09/10/2018 09/10/18 For Sale $139,900 -- $58 / 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 $6,166 $72,200 $8,350 $63,850
2023 $5,935 $66,240 $7,660 $58,580
2022 $5,037 $60,900 $7,130 $53,770
2021 $2,745 $35,380 $6,780 $28,600
2020 $2,793 $34,690 $6,650 $28,040
2019 $2,811 $35,000 $6,650 $28,350
2018 $4,422 $45,900 $6,450 $39,450
2017 $4,460 $46,830 $6,580 $40,250
2016 $4,347 $46,830 $6,580 $40,250
2015 $3,868 $46,340 $6,590 $39,750
2014 $3,913 $41,680 $6,350 $35,330
2013 -- $41,890 $6,380 $35,510
Source: Public Records

Agents Affiliated with this Home

  • Adam Merrick

    Seller's Agent in 2021

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    63 in this area

    4,199 Total Sales

    Adam Merrick
    Section Image
  • Tracy Morris

    Buyer's Agent in 2021

    Tracy Morris

    eXp Realty

    (309) 678-6648

    7 in this area

    321 Total Sales

    Tracy Morris
    Section Image
  • Christine Schauble

    Seller's Agent in 2018

    Christine Schauble

    eXp Realty

    (309) 208-9900

    19 in this area

    1,238 Total Sales

    Christine Schauble
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1224087

RMLS Alliance

APN: 14-21-231-006

Illinois Peoria County Peoria Heights 61616

5215 N Montclair Ave, Peoria Heights, IL

Not Listed for Sale

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