NOT LISTED FOR SALE

5509 N Prospect Rd Peoria, IL 61614

North Peoria Neighborhood

Estimated Value: $468,000 - $820,000

4 Beds
3 Baths
3,073 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $750,000 $244 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,346/month

12 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Fenced Yard
  • Richwoods High School Rated A-
  • Solid Surface Countertops
  • Skylights

About This Home

As of April 2021

GORGEOUS FRANK LLOYD WRIGHT INSPIRED HOME WITH EVERYTHING YOU COULD EVER WANT AND NEED! OVER 3,000 SQ FT OF FINISHED LIVING SPACE! 4BR 3.5BA 3 CAR GARAGE NESTLED ON A HALF ACRE LOT. WALK INTO HIGH CEILINGS WITH PLENTY OF WINDOWS TO GIVE OFF NATURAL LIGHT. MAIN FLOOR HAS OPEN FLOOR PLAN - LARGE FORMAL DINING ROOM, GREAT ROOM WITH DOUBLE SIDED FIREPLACE INTO ANOTHER LIVING AREA. LOVE TO COOK? THIS KITCHEN OFFERS THE BEST OF THE BEST! MIELE SS APPLIANCES, DOUBLE OVENS, PREP SINK, HUGE PANTRY. MF LAUNDRY. ENTER THE DOUBLE DOORS TO AMAZING PRIMARY BR SUITE WITH CUSTOM SHELVING, PRIVATE BATHROOM AND ENTRY TO PATIO. LL OFFERS TWO NICE SIZED BRS, BATHROOM. UPPER LEVEL HAS FANTASTIC OFFICE WITH CORK FLOORING AND ANOTHER BEDROOM. NEWER STONE, PAVER PATIO AND ELEVATED DECK IN FENCED BACKYARD. FRONT LANDSCAPING RECENTLY REDONE - NEW PAVERS, STONE, LANDSCAPING. TOO MANY UPGRADES AND AMENITIES TO LIST! CHECK OUT THE VIDEO! https://youtu.be/S5Me1my4IFE

Last Agent to Sell the Property

Suzanne Miller

Jim Maloof Realty, Inc. License #475127681 Listed on: 03/03/2021

Jim Maloof Realty, Inc.

Last Buyer's Agent

Laurie Pearl

Keller Williams Premier Realty License #475136403

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,286

Year Built

  • Built in 2006

Lot Details

  • 0.53

Interior Spaces

  • 3 Full Bathrooms
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Schools

  • Kellar Elementary School

Additional Features

  • Geothermal Energy System
  • Fenced Yard
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,286

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Legal Description: Morningside Sub Lot 18
  • Lvt Date: 03/03/2021
  • Year Built: 2006
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Hood/Fan, Microwave Oven, Refrigerator, Range/Oven, Trash Compactor, Washer, Water Softener - Owned
  • Fireplace: Gas Lighter, Great Room, Living Room, Multi-Sided
  • Interior Amenities: Ceilings/Cath/Vault/Tray, Central Vacuum, Garage Door Opener(s), Solid Surface Counter Top, Blinds, Ceiling Fan, Skylights, Central Vac Attachments
  • Number Fireplaces: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 15.1x16, On Level: Upper, Flooring: Hardwood
  • Basement Foundation: Daylight, Egress Window, Full, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 15.08x16.01, On Level: Lower, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 13.03x12.09, On Level: Lower, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 11.1x11.04, On Level: Additional, Flooring: Carpet
  • Bedroom 4 Egress Window: Yes
  • Den: Dimensions: 14.02x14.09, On Level: Additional, Flooring: Other
  • Formal Dining Room: Dimensions: 14.02x14.01, On Level: Main, Flooring: Hardwood
  • Great Room: Dimensions: 15.11x18.03, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 19.02x14.03, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Dining/Living Combo, Dining Formal, Eat-In Kitchen, Island, Pantry
  • Laundry: Dimensions: 9.1x6.01, On Level: Main, Flooring: Tile
  • Living Room: Dimensions: 10.11x18.03, On Level: Main, Flooring: Hardwood
  • Total Basement Sq Ft: 1610
  • Price Per Sq Ft: 244.06
  • Finished Sq Ft: 3073
  • Total Sq Ft: 3073
  • Finished Additional Sq Ft: 595
  • Finished Lower Level Sq Ft: 592
  • Finished Main Level Sq Ft: 1356
  • Upper Level Finished Sq Ft: 530

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Amenities: Deck, Fenced Yard, Patio
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, Heated
  • Garage Yn: Yes
  • Number Cars: 3
  • Number Of Garage Remotes: 2

Utilities

  • Heating Cooling: Electric, Gas, Central Air, Geo Thermal, Generator
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water

Schools

  • Elementary School: Kellar

Lot Info

  • Estimated Lot Size: 147x63x210x25x202
  • Estimated Number of Acres: 0.53
  • Lot Description: Corner, Level
  • Zoning: Residential
  • Subdivision: Morningside
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 20285.98
  • Parcel Id Number Tax Id: 14-21-229-009
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2019

MLS Schools

  • High School School District: Richwoods
  • Middle School: Lindbergh

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 14, 2021
Sold by
Schultz David L and Schultz Roberta J
Bought by
Mcconnell Justin J
Seller's Agent
Suzanne Miller
Jim Maloof Realty, Inc.
Buyer's Agent
Laurie Pearl
Keller Williams Premier Realty
List Price
$785,000
Sold Price
$750,000
Premium/Discount to List
-$35,000
-4.46%
Current Estimated Value
$692,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,046
Avg. Annual Appreciation
-1.71%
Original Mortgage
$300,000
Outstanding Balance
$219,824
Interest Rate
2.13%
Mortgage Type
New Conventional
Estimated Equity
$473,130

Purchase Details

Listed on
Jul 27, 2018
Closed on
Sep 10, 2018
Sold by
Cartus Financial Corp
Bought by
Schultz David L
Seller's Agent
Laurie Pearl
Keller Williams Premier Realty
Buyer's Agent
Suzanne Miller
Jim Maloof Realty, Inc.
List Price
$725,000
Sold Price
$706,000
Premium/Discount to List
-$19,000
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%

Purchase Details

Closed on
Oct 25, 2017
Sold by
Engstrom Mark T
Bought by
Engstrom Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Bought by
Engstrom Mark T and Engstrom Jamie L
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
Mcconnell Justin J $750,000 None Listed On Document
Schultz David L $706,000 Attorney Only
Engstrom Jamie L $220,000 Lynch & Bloom Pc
Engstrom Mark T $706,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcconnell Justin J $300,000
Previous Owner Engstrom Jamie L $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2021 04/21/21 Sold $750,000 -4.5% $244 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $785,000 +11.2% $255 / Sq Ft
09/25/2018 09/25/18 Sold $706,000 -2.6% $228 / Sq Ft View Prior Sale
08/03/2018 08/03/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $725,000 -- $234 / 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 $21,635 $245,190 $17,990 $227,200
2023 $23,183 $252,400 $16,500 $235,900
2022 $20,183 $215,240 $15,160 $200,080
2021 $19,783 $204,990 $14,440 $190,550
2020 $19,736 $202,960 $14,300 $188,660
2019 $20,034 $207,100 $14,590 $192,510
2018 $16,670 $177,170 $14,730 $162,440
2017 $16,674 $178,960 $14,880 $164,080
2016 $16,198 $178,960 $14,880 $164,080
2015 $15,598 $175,450 $14,590 $160,860
2014 $15,606 $175,450 $13,860 $161,590
2013 -- $177,580 $14,030 $163,550
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Miller

    Seller's Agent in 2021

    Suzanne Miller

    Jim Maloof Realty, Inc.

    (309) 453-2251

    125 in this area

    270 Total Sales

    Suzanne Miller
    Section Image
  • Laurie Pearl

    Buyer's Agent in 2021

    Laurie Pearl

    Keller Williams Premier Realty

    (309) 208-8787

    110 in this area

    228 Total Sales

    Laurie Pearl
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1222615

RMLS Alliance

APN: 14-21-229-009

Illinois Peoria County Peoria 61614 North Peoria

5509 N Prospect Rd, Peoria, IL

Not Listed for Sale

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