NOT LISTED FOR SALE

5505 N University St Peoria, IL 61614

North Peoria Neighborhood

Estimated Value: $94,000 - $137,000

3 Beds
2 Baths
1,428 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $60,000 $42 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $846/month

2 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • Guest Parking
  • Richwoods High School Rated A-
  • No HOA
  • Central Heating

About This Home

As of June 2023

Welcome to this charming 2-story home located in Peoria! While this property requires some TLC and is in need of renovation, it presents an incredible opportunity for those with a vision. Embrace the chance to transform this house into your dream home. This home boasts great potential for those seeking a project. With some renovation work, you can turn this diamond in the rough into a shining gem. Situated in the desirable city of Peoria, this property is right next to ICC and close to everyday amenities. Take advantage of the convenience and charm this area has to offer. Large blacktop parking lot with an extra storage shed in the back. For investors or home renovators, this property presents a fantastic investment opportunity. With the potential for value appreciation, your hard work could result in a substantial return on investment. MUST SEE!!

Last Agent to Sell the Property

Josh Sorrells

Signature Heights Realty, LLC License #475198227 Listed on: 05/23/2023

Last Buyer's Agent

Cathy Reynolds

Brilliant Real Estate License #475185489

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 153 x 132 x 155
  • Corner Lot

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Paved Parking
  • Guest Parking

Schools

  • Richwoods High School

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-17-382-010

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1945
  • Architectural Style: Two Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1428
  • KitchenDining: Other Kitchen/Dining

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Aluminum Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest Parking, Paved

Utilities

  • Heating: Central Air
  • Water Source: Public Sewer
  • UtilitiesOnYN: No

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Richwoods

Lot Info

  • Lot Size Acres: 0.47
  • Lot Size: 153 x 132 x 155
  • Parcel #: 14-17-382-010

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4836.56
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Gold Landry Llc
Bought by
Frontier Horizon Services Llc
Current Estimated Value
$115,500

Purchase Details

Closed on
Feb 28, 2024
Sold by
Ajayi Funmilola
Bought by
Golol Landing Llc

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 2, 2023
Sold by
Ctp Funding Llc
Bought by
Ajayi Funmilola
Seller's Agent
Josh Sorrells
Signature Heights Realty, LLC
Buyer's Agent
Cathy Reynolds
Brilliant Real Estate
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.53%

Purchase Details

Closed on
Dec 29, 2020
Sold by
Peoria County Sheriff
Bought by
Ctp Funding Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Frontier Horizon Services Llc -- None Listed On Document
Golol Landing Llc -- None Listed On Document
Ajayi Funmilola $60,000 None Listed On Document
Ctp Funding Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold $60,000 -20.0% $42 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $75,000 -- $53 / 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 $2,889 $31,940 $13,890 $18,050
2023 $2,053 $21,820 $15,460 $6,360
2022 $4,693 $48,650 $27,130 $21,520
2021 $4,837 $48,650 $27,130 $21,520
2020 $4,875 $48,650 $27,130 $21,520
2018 $4,833 $49,620 $27,670 $21,950
2017 $4,832 $50,120 $27,950 $22,170
2016 $4,697 $50,120 $27,950 $22,170
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Josh Sorrells

    Signature Heights Realty, LLC

    Section Image
  • Cathy Reynolds

    Buyer's Agent in 2023

    Cathy Reynolds

    Brilliant Real Estate

    (309) 696-2162

    3 in this area

    74 Total Sales

    Cathy Reynolds
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1242706

RMLS Alliance

APN: 14-17-382-010

Illinois Peoria County Peoria 61614 North Peoria

5505 N University St, Peoria, IL

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.

Nearby Homes