NOT LISTED FOR SALE

526 Cottonwood Cir East Peoria, IL 61611

Estimated Value: $304,000 - $354,000

4 Beds
3 Baths
2,563 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $300,000 $117 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,282/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Porch
  • Ranch Style House
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of August 2023

Welcome to 526 Cottonwood Circle! Quality built with upgrades throughout. Open living room, kitchen and dining space, with vaulted ceilings and warm hardwood flooring. The large kitchen includes beautiful quartz counters, glass backsplash, large kitchen island with additional storage. Soft close cabinetry with pull outs. Spacious master suite with walk-in closet and full bath. Laundry room just off the 2 car garage with epoxy flooring. The lower level is complete with theater area, rec area, full bath with tile flooring, walk in shower with overhead shower head and 4th bedroom w/ egress window. Nicely landscaped yard with rear 6 ft privacy fence and covered patio with ceiling fan. Projector, screen and surround sound in the basement stay, as well as the shelving in the mechanical room and freezer in the garage. Shed, insulated garage door, garage door opener, and master carpet 2022. Basement carpet, finished basement bathroom, tankless hot water heater in 2021. Duct cleaning 2023.

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate Brokerage Email: homes@adammerrick.com License #471018071 Listed on: 07/12/2023

Last Buyer's Agent

Rhonda McGath

eXp Realty License #475191745

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 2014

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x123
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System
  • Stone

Interior Spaces

  • 2,563 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Don Shute Lincoln Elementary School
  • Central Middle School
  • East Peoria Comm High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cotton Wood Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-05-09-303-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,336

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2014
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 183.15
  • Age55PlusDevelopment: No
  • Attribution Contact: homes@adammerrick.com
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Hood/Fan, Microwave, Refrigerator
  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Family Room
  • Fireplaces: 1
  • Interior Amenities: Cable Available, Vaulted Ceiling(s), Radon Mitigation System
  • Living Area: 2563
  • TotalBasementSqFt: 1638
  • KitchenDining: Island

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding, Stone
  • Exterior Features: Fenced Yard, Patio, Porch, Shed(s)
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, On Street

Utilities

  • Heating: Gas, Forced Air, Central Air, Tankless Water Heater
  • Water Source: Public, Public Sewer
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Don Shute Lincoln
  • High School: East Peoria Comm
  • Middle Or Junior School: Central

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size: 60X123
  • Parcel #: 05-05-09-303-031
  • ZonedAgricultural: No

Green Features

  • Efficiency: High Efficiency Heating

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6336
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 17, 2023
Sold by
Sarmiento Marc C and Sarmiento Marsha L
Bought by
Marshall Chad and Ramirez Christie
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Rhonda McGath
eXp Realty
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Views
49
Current Estimated Value
$315,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,685
Avg. Annual Appreciation
2.26%
Original Mortgage
$300,000
Outstanding Balance
$294,650
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$19,038

Purchase Details

Listed on
Aug 21, 2019
Closed on
Nov 1, 2019
Sold by
Wasilewski Jeremy M
Bought by
Sarmieto Marc C and Sarmieto Marsha L
Seller's Agent
Mark Ferrill
RE/MAX Traders Unlimited
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$234,500
Sold Price
$222,500
Premium/Discount to List
-$12,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$200,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2015
Closed on
Oct 15, 2015
Sold by
Paul Gibb Construction Inc
Bought by
Wasilewski Jeremy M
Seller's Agent
Jim Paul
Jim Maloof Realty, Inc.
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.85%
Original Mortgage
$182,750
Interest Rate
5.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2008
Sold by
Alpha Community Bank
Bought by
Washington Trails Edge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,070
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2008
Sold by
Barnhill Daniel
Bought by
Alpha Community Bank
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
Marshall Chad $300,000 None Listed On Document
Sarmieto Marc C $222,500 Peoria Tittle
Wasilewski Jeremy M $215,000 --
Washington Trails Edge Llc $648,000 None Available
Alpha Community Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Chad $300,000
Previous Owner Sarmieto Marc C $200,250
Previous Owner Wasilewski Jeremy M $182,750
Previous Owner Paul Gibb Construction Inc $313,500
Previous Owner Washington Trails Edge Llc $723,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $300,000 +1.7% $117 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $295,000 +32.6% $115 / Sq Ft
11/01/2019 11/01/19 Sold $222,500 -0.6% $116 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
10/08/2019 10/08/19 Price Changed $223,900 -2.6% $116 / Sq Ft
09/26/2019 09/26/19 Price Changed $229,900 -23.3% $120 / Sq Ft
09/26/2019 09/26/19 Price Changed $299,900 +28.8% $156 / Sq Ft
09/07/2019 09/07/19 Price Changed $232,900 -0.7% $121 / Sq Ft
08/21/2019 08/21/19 For Sale $234,500 +9.1% $122 / Sq Ft
10/15/2015 10/15/15 Sold $215,000 -4.4% $132 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $225,000 -- $138 / 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 $6,747 $88,060 $8,400 $79,660
2023 $6,747 $80,850 $7,710 $73,140
2022 $6,336 $74,780 $7,130 $67,650
2021 $6,041 $71,910 $6,860 $65,050
2020 $5,905 $71,910 $6,860 $65,050
2019 $6,265 $71,910 $6,860 $65,050
2018 $6,169 $71,910 $6,860 $65,050
2017 $6,106 $71,910 $6,860 $65,050
2016 $6,110 $72,830 $6,860 $65,970
2015 $16 $0 $0 $0
2013 $16 $180 $180 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1243947

RMLS Alliance

APN: 05-05-09-303-031