$255,000
SOLD APR 30, 2024

7007 W Lancaster Rd Peoria, IL 61607

3 Beds
2.5 Baths
2,402 Sq Ft
1.05 Acres

Recently Sold

$106 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Deck
  • 5 Car Attached Garage
  • Water Softener is Owned
  • Ranch Style House
  • Patio
  • Forced Air Heating System

About This Home

As of April 2024

Phenomenal country setting and convenient location! This 3 bedroom, 2.5 bathroom home features generous room sizes throughout and great updates. Those updates include both main floor bathrooms, flooring, paint, and new furnace system. Relax in the huge main living room with wood-burning stove. The main floor features all 3 bedrooms and additional den/office with access to the patio. There is plenty of room for all your cars and toys with 5 total garage spaces, plus additional covered storage space. Put your finishing touches on the lower level that features a rec room, kitchenette, full bathroom, and separate electric, but is not currently temperature controlled. Seize your chance to purchase this terrific property today!

Last Agent to Sell the Property

Kavan Shay

Jim Maloof Realty, Inc. Brokerage Phone: 309-472-9398 License #475156492 Listed on: 03/06/2024

Last Buyer's Agent

Lisa Inman

Move Smart Realty License #471022023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,934

Year Built

  • Built in 1966

Lot Details

  • 1.05 Acre Lot
  • Property fronts a private road
  • Level Lot

Parking

  • 5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,402 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Replacement Windows
  • Living Room with Fireplace
  • Partial Basement

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Limestone Comm High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

  • Briggs Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 17-33-251-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,934

Year Built

Built in 1966

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1966
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 127.37
  • Attribution Contact: Cell: 309-472-9398
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Hood/Fan, Microwave, Range/Oven, Refrigerator, Washer, Water Softener Owned
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Garage Door Opener(s), High Speed Internet
  • Living Area: 2402
  • TotalBasementSqFt: 400
  • KitchenDining: Breakfast Bar,Dining Formal,Pantry

Exterior Features

  • Lot Features: Level, Sloped
  • Road Surface Type: Gravel, Private Road, Shared
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Patio, Replacement Windows
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 5
  • Parking Features: Attached, Oversized, Paved

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central Air
  • Water Source: Public, Septic System
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Limestone Comm

Lot Info

  • Lot Size Acres: 1.05
  • Lot Size: See Plat
  • Parcel #: 17-33-251-014
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4934.1
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 30, 2024
Sold by
Pennycuff Kelly and Pudik Kelly
Bought by
Parks Marshall
Seller's Agent
Kavan Shay
Jim Maloof Realty, Inc.
Buyer's Agent
Lisa Inman
Move Smart Realty
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Views
47
Current Estimated Value
$253,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,545
Avg. Annual Appreciation
0.62%
Original Mortgage
$242,250
Outstanding Balance
$239,850
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$17,330

Purchase Details

Listed on
Oct 5, 2013
Closed on
Mar 19, 2014
Bought by
Pennycuff Kelly
Seller's Agent
Kelly Rupp
Coldwell Banker Real Estate Group
Buyer's Agent
Kelly Rupp
Coldwell Banker Real Estate Group
List Price
$194,900
Sold Price
$181,000
Premium/Discount to List
-$13,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
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 Type Sale Price Title Company
Warranty Deed $255,000 None Listed On Document
Deed $181,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $255,000 +2.0% $106 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $249,900 +38.1% $104 / Sq Ft
03/19/2014 03/19/14 Sold $181,000 -7.1% $90 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
10/05/2013 10/05/13 For Sale $194,900 -- $97 / 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 $5,482 $70,230 $8,280 $61,950
2023 $5,098 $65,030 $7,670 $57,360
2022 $4,934 $62,680 $7,190 $55,490
2021 $4,749 $60,270 $6,910 $53,360
2020 $4,474 $59,080 $6,770 $52,310
2019 $4,484 $59,080 $6,770 $52,310
2018 $4,376 $59,070 $6,770 $52,300
2017 $4,536 $59,670 $6,840 $52,830
2016 $4,426 $60,270 $6,910 $53,360
2015 $3,658 $59,080 $6,770 $52,310
2014 $3,650 $50,520 $6,660 $43,860
2013 -- $50,520 $6,660 $43,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1248699

RMLS Alliance

APN: 17-33-251-014