NOT LISTED FOR SALE

6917 + 6921 N Michele Ln Peoria, IL 61614

North Peoria Neighborhood

Estimated Value: $181,000 - $200,000

3 Beds
2 Baths
1,720 Sq Ft
$111/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $145,000 $84 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,386/month

22 Days on Market

About This Home

As of September 2022

*BACK ON MARKET 7/5/22.* Convenient location off University for this 2 unit duplex with attached 1 car garages. Each unit has its own laundry hook-ups.

Last Agent to Sell the Property

Bill McCarthy

Coldwell Banker Real Estate Group License #475098051 Listed on: 06/15/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Out of Area Out of Area

OUT OF AREA FIRM License #475085083

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,714

Year Built

  • Built in 1968

Lot Details

  • 0.35

Schools

  • Richwoods High School

Additional Features

  • Crawl Space
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,714

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story | Duplex/Side by Side
  • Legal Description: Joanne Hills Lot 71 and NW 35' Lot 70
  • Lvt Date: 06/16/2022
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Crawl Space
  • Price Per Sq Ft: 84.3
  • Total Sq Ft: 1720

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: Richwoods

Lot Info

  • Estimated Lot Size: 120 X 119 X 113 X 127
  • Lot Description: Corner, Level
  • Subdivision: Joann Hills
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 17580
  • Lease Information: 1 Year
  • Management Expense: 713

Tax Info

  • Annual Taxes: 4713.52
  • Parcel Id Number Tax Id: 14-08-377-001
  • Tax Year: 2021

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 17814
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 19, 2022
Sold by
S/D Horan Real Estate Services Llc
Bought by
Rentco Llc
Seller's Agent
Bill McCarthy
Coldwell Banker Real Estate Group
Buyer's Agent
Out of Area Out of Area
OUT OF AREA FIRM
List Price
$145,000
Sold Price
$145,000
Views
1
Current Estimated Value
$190,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,645
Avg. Annual Appreciation
8.67%
Original Mortgage
$145,000
Outstanding Balance
$135,224
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$55,421
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
Rentco Llc $145,000 Jbn Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rentco Llc $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2022 09/07/22 Sold $145,000 0.0% $84 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $145,000 0.0% $84 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $145,000 -- $84 / 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 $4,609 $50,950 $10,810 $40,140
2023 $4,399 $46,750 $9,920 $36,830
2022 $4,239 $43,950 $9,250 $34,700
2021 $4,162 $41,860 $8,810 $33,050
2020 $4,152 $41,440 $8,720 $32,720
2019 $4,213 $42,290 $8,900 $33,390
2018 $4,129 $42,400 $8,990 $33,410
2017 $4,129 $42,830 $9,080 $33,750
2016 $4,230 $42,830 $9,080 $33,750
2015 $3,987 $44,250 $8,900 $35,350
2014 $3,987 $43,310 $8,690 $34,620
2013 -- $43,840 $8,800 $35,040
Source: Public Records

Agents Affiliated with this Home

  • Bill McCarthy

    Seller's Agent in 2022

    Bill McCarthy

    Coldwell Banker Real Estate Group

    (309) 360-0012

    31 in this area

    49 Total Sales

    Bill McCarthy
    Section Image

  • O

    Buyer's Agent in 2022

    Out of Area Out of Area

    OUT OF AREA FIRM

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Map

Source: RMLS Alliance

MLS Number: PA1235161

RMLS Alliance

APN: 14-08-377-001

Illinois Peoria County Peoria 61614 North Peoria

6917 + 6921 N Michele Ln, Peoria, IL

Not Listed for Sale

MultiFamily

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