NOT LISTED FOR SALE

524 E Melbourne Ave Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $91,000 - $97,000

3 Beds
2 Baths
1,380 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $66,000 $48 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $626/month

Highlights

  • Fenced Yard
  • Bar
  • Shed
  • Wet Bar
  • Patio

About This Home

As of December 2018

Come see this charming 3 bedroom, 2 bath home today! Original hardwood flooring throughout the main level with updated kitchen and main bathroom. Over-sized master bedroom features abundant built-ins and extra attic storage access. Finished basement boasts a new 2nd full bathroom, spacious family room with laminate flooring, a workshop and a wet bar built with reclaimed wood from Joe's Crab Shack. Enjoy the fenced backyard from the large rear patio. New roof 2018. Stainless steel appliances included! Other updates include: windows '09, siding '09, and a/c '07.

Last Agent to Sell the Property

Mari Halliday

Jim Maloof Realty, Inc. License #475131164 Listed on: 10/18/2017

Jim Maloof Realty, Inc.

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate License #471018071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,501

Year Built

  • Built in 1950

Lot Details

  • 5,097

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property
  • Wet Bar
  • Bar
  • Storage In Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Outdoor Features

  • Patio
  • Shed

Schools

  • Hines Elementary School

Additional Features

  • Fenced Yard
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,501

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: Forrestpark add NE 1/4 sec 33-9-8E lot 6
  • Lvt Date: 10/19/2017
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Hood/Fan, Microwave Oven, Refrigerator, Range/Oven
  • Interior Amenities: Attic Storage, Built-In Bar, Cable Tv Available, Wet Bar
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 24x10, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Finished, Full
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11x10, On Level: Main, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 11x10, On Level: Main, Flooring: Hardwood
  • Bedroom 3 Egress Window: Yes
  • Family Room: Dimensions: 24x13, On Level: Basement, Flooring: Laminate
  • Kitchen: Dimensions: 15x8, On Level: Main, Flooring: Tile
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: Dimensions: 13x10, On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 16x11, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 380
  • Total Basement Sq Ft: 760
  • Price Per Sq Ft: 66
  • Finished Sq Ft: 1380
  • Total Sq Ft: 1000
  • Finished Main Level Sq Ft: 760
  • Upper Level Finished Sq Ft: 240

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Fenced Yard, Patio, Shed
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On Street Parking

Utilities

  • Heating Cooling: Gas, Baseboard, Forced Air, Central Air, Wall Unit(s)
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer

Schools

  • Elementary School: Hines

Lot Info

  • Estimated Lot Size: 40x126
  • Lot Description: Level
  • Subdivision: Forest Park
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1501
  • Parcel Id Number Tax Id: 14-33-227-010
  • Tax Year: 2016

MLS Schools

  • High School School District: Peoria High
  • Middle School: Von Steuben

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
Dec 19, 2018
Sold by
Schultz Peter D and Schultz Jennifer
Bought by
Raimundo Jovani and Castro Laura M
Seller's Agent
Mari Halliday
Jim Maloof Realty, Inc.
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$75,900
Sold Price
$66,000
Premium/Discount to List
-$9,900
-13.04%
Current Estimated Value
$92,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,835
Avg. Annual Appreciation
5.10%
Original Mortgage
$64,020
Outstanding Balance
$56,900
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$35,935

Purchase Details

Closed on
Jun 11, 2010
Bought by
Schultz Peter D and Schultz Jennifer
Source: Public Records

Range of Values:

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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
Raimundo Jovani $66,000 Attorneys Title Guaranty Fund
Castro Raimundo Jovani $66,000 None Listed On Document
Schultz Peter D $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Raimundo Jovani $64,020
Closed Raimundo Jovani $64,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Sold $66,000 -5.6% $48 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
10/23/2018 10/23/18 Price Changed $69,900 -7.9% $51 / Sq Ft
05/14/2018 05/14/18 For Sale $75,900 +15.0% $55 / Sq Ft
05/10/2018 05/10/18 Off Market $66,000 -- --
05/10/2018 05/10/18 For Sale $75,900 +15.0% $55 / Sq Ft
05/09/2018 05/09/18 Off Market $66,000 -- --
04/03/2018 04/03/18 Pending -- -- --
03/31/2018 03/31/18 Price Changed $75,900 -5.0% $55 / Sq Ft
11/30/2017 11/30/17 Price Changed $79,900 -3.6% $58 / Sq Ft
10/18/2017 10/18/17 For Sale $82,900 -- $60 / 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 $1,652 $24,260 $3,050 $21,210
2023 $1,530 $22,260 $2,800 $19,460
2022 $1,467 $21,210 $2,760 $18,450
2021 $1,412 $20,200 $2,630 $17,570
2020 $1,403 $20,000 $2,600 $17,400
2019 $1,436 $20,410 $2,650 $17,760
2018 $1,507 $21,470 $2,670 $18,800
2017 $1,513 $21,690 $2,700 $18,990
2016 $1,460 $21,690 $2,700 $18,990
2015 $1,518 $21,270 $2,650 $18,620
2014 $1,524 $22,490 $2,520 $19,970
2013 -- $22,760 $2,550 $20,210
Source: Public Records

Agents Affiliated with this Home

  • Mari Halliday

    Seller's Agent in 2018

    Mari Halliday

    Jim Maloof Realty, Inc.

    (309) 251-6069

    19 in this area

    379 Total Sales

    Mari Halliday
    Section Image
  • Adam Merrick

    Buyer's Agent in 2018

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    517 in this area

    4,219 Total Sales

    Adam Merrick
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1188776

RMLS Alliance

APN: 14-33-227-010

Illinois Peoria County Peoria 61603 West Bluff

524 E Melbourne Ave, Peoria, IL

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