NOT LISTED FOR SALE

606 Peoria St Washington, IL 61571

Estimated Value: $137,000 - $166,000

4 Beds
2 Baths
1,800 Sq Ft
$83/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $90,000 $50 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $956/month

12 Days on Market

About This Home

As of December 2021

Great investment property! Well maintained duplex just blocks from the Washington Square. 2-car garage built in 2002. New Roof on house and garage in 2020. Water heater in 2019. Newer back porch and staircase to upper unit. 2021 updates include: Landscaping/tree removal, new driveway to garage, regrading around house, and new decking on front porch. Tenants pay gas and electric. Garage currently not included in lower tenants lease, and could be rented separately for additional income!

Last Agent to Sell the Property

Kenneth Howerter

Freedom Realty License #475189793 Listed on: 09/20/2021

Last Buyer's Agent

Becky Peterson

Keller Williams Premier Realty License #471002405

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,919

Year Built

  • Built in 1893

Lot Details

  • 9,235

Interior Spaces

  • 2-Story Property

Basement

  • Partial Basement
  • Brick Basement

Schools

  • Washington High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,919

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: S23 T26N R3W SUBLOT 34 D (EXC SLY TRACT) NE 1/4
  • Lvt Date: 09/20/2021
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 1
  • Basement: Partial, Brick
  • Price Per Sq Ft: 50
  • Total Sq Ft: 1800

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters
  • Roofing: Composition Rolled, Rubber, Shingles

Garage/Parking

  • Garage Parking: Detached, Parking Slab
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 192
  • Number Window Units: 2

Schools

  • High School: Washington

Lot Info

  • Estimated Lot Size: 90x112.5x80x118.4
  • Lot Description: Level
  • Zoning: Residential
  • Subdivision: Original Town of Washington
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 13920
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 1918.98
  • Parcel Id Number Tax Id: 02-02-23-208-015
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 13920
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Dec 16, 2021
Sold by
Willoughby and Jessica
Bought by
Stanton Franklin
Seller's Agent
Kenneth Howerter
Freedom Realty
Buyer's Agent
Becky Peterson
Keller Williams Premier Realty
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Current Estimated Value
$148,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,919
Avg. Annual Appreciation
13.28%
Original Mortgage
$76,500
Outstanding Balance
$70,611
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$78,308

Purchase Details

Listed on
Jul 27, 2020
Closed on
Oct 8, 2020
Sold by
Vision Properties Midwest Llc
Bought by
Willoughby Brian and Willoughby Jessica
Seller's Agent
Mary Biros
Jim Maloof Realty, Inc.
Buyer's Agent
Nancy Koch
Coldwell Banker Real Estate Group
List Price
$89,000
Sold Price
$82,000
Premium/Discount to List
-$7,000
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$61,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2015
Closed on
Feb 9, 2016
Sold by
Petrenko Bonnie L
Bought by
Vision Properties Midwest Llc
Seller's Agent
Mary Biros
Jim Maloof Realty, Inc.
Buyer's Agent
Mary Biros
Jim Maloof Realty, Inc.
List Price
$94,900
Sold Price
$77,500
Premium/Discount to List
-$17,400
-18.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%

Purchase Details

Listed on
May 26, 2015
Closed on
Jan 4, 2016
Sold by
Brown Michael W and Brown Marilyn S
Bought by
Petrenko Bonnie
Seller's Agent
Mary Biros
Jim Maloof Realty, Inc.
Buyer's Agent
Mary Biros
Jim Maloof Realty, Inc.
List Price
$94,900
Sold Price
$77,500
Premium/Discount to List
-$17,400
-18.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Stanton Franklin $90,000 Hometown Title
Willoughby Brian $82,000 None Available
Vision Properties Midwest Llc -- --
Vision Properties Midwest Llc -- --
Petrenko Bonnie $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanton Franklin $76,500
Previous Owner Willoughby Brian $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2021 12/22/21 Sold $90,000 -5.3% $50 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $95,000 +15.9% $53 / Sq Ft
10/08/2020 10/08/20 Sold $82,000 -7.9% $46 / Sq Ft View Prior Sale
08/02/2020 08/02/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $89,000 +14.8% $49 / Sq Ft
01/04/2016 01/04/16 Sold $77,500 -18.3% $43 / Sq Ft View Prior Sale
11/22/2015 11/22/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $94,900 -- $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 $2,141 $33,470 $11,800 $21,670
2023 $2,141 $31,050 $10,950 $20,100
2022 $2,016 $29,010 $10,230 $18,780
2021 $2,366 $27,330 $9,980 $17,350
2020 $1,919 $22,490 $9,980 $12,510
2019 $1,883 $22,490 $9,980 $12,510
2018 $1,849 $22,490 $9,980 $12,510
2017 $1,802 $22,490 $9,980 $12,510
2016 $1,758 $22,490 $9,980 $12,510
2015 $2,964 $0 $0 $0
2013 $2,797 $29,480 $6,000 $23,480
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kenneth Howerter

    Freedom Realty

    7 in this area

    30 Total Sales

    Kenneth Howerter
    Section Image
  • Becky Peterson

    Buyer's Agent in 2021

    Becky Peterson

    Keller Williams Premier Realty

    (309) 253-9239

    1 in this area

    88 Total Sales

    Becky Peterson
    Section Image
  • Mary Biros

    Seller's Agent in 2020

    Mary Biros

    Jim Maloof Realty, Inc.

    (309) 645-1156

    12 in this area

    168 Total Sales

    Mary Biros
    Section Image

  • N

    Buyer's Agent in 2020

    Nancy Koch

    Coldwell Banker Real Estate Group

    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1228914

RMLS Alliance

APN: 02-02-23-208-015

Illinois Tazewell County Washington 61571

606 Peoria St, Washington, IL

Not Listed for Sale

MultiFamily

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