NOT LISTED FOR SALE

711 Morton St Peoria, IL 61603

Downtown Peoria Neighborhood

Estimated Value: $63,000 - $68,000

4 Beds
4 Baths
3,564 Sq Ft
$18/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $44,400 $12 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $545/month

12 Days on Market

About This Home

As of August 2019

HUGE CASH FLOW WITH THIS 5 PLEX INVESTMENT PROPERTY!

Last Agent to Sell the Property

Bryson Smith

Keller Williams Premier Realty License #471021236 Listed on: 01/05/2019

Keller Williams Premier Realty

Last Buyer's Agent

Bryson Smith

Keller Williams Premier Realty License #471021236 Listed on: 01/05/2019

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1920

Lot Details

  • 6,534

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Manual High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,421

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: TYNG'S SUB NW 1/4 SEC 3-8-8E LOT 3 (88-08758)
  • Lvt Date: 01/05/2019
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 12.46
  • Total Sq Ft: 3564

Exterior Features

  • Exterior: Brick
  • Road Access: Curbs & Gutters, Paved

Garage/Parking

  • Garage Parking: Detached, On-Street Parking
  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: Gas, Hot Water, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Manual
  • High School: Manual

Lot Info

  • Estimated Lot Size: 44 X 150
  • Estimated Number of Acres: 0.152
  • Lot Description: Level
  • Subdivision: Tyng
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 21600
  • Lease Information: 1 Year, Month-To-Month

Tax Info

  • Annual Taxes: 1421
  • Parcel Id Number Tax Id: 18-03-154-012
  • Tax Year: 2017

Multi Family

  • Total Number Units: 5
  • Gross Annual Income: 21600
  • Total Number Electric Meters: 6
  • Total Number Gas Meters: 6
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Franklin Homes Llc
Bought by
Turpin Rentals Llc Series 1
Current Estimated Value
$77,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,062
Interest Rate
2.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2019
Sold by
Selby Enterprises Llc
Bought by
Franklin Homes Llc

Purchase Details

Listed on
Jan 5, 2019
Closed on
Aug 30, 2019
Sold by
Hoover Trevelyn D
Bought by
Selby Enterprises Llc
Seller's Agent
Bryson Smith
Keller Williams Premier Realty
Buyer's Agent
Bryson Smith
Keller Williams Premier Realty
List Price
$69,900
Sold Price
$44,400
Premium/Discount to List
-$25,500
-36.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Source: Public Records

Range of Values:

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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
Turpin Rentals Llc Series 1 $667,000 Kepple Law Group Llc
Franklin Homes Llc $67,394 New Title Company Name
Selby Enterprises Llc $260,000 Tomlin James M
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turpin Rentals Llc Series 1 $700,062
Previous Owner Turpin Rentals Llc Series 1 $700,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $44,400 -36.5% $12 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $69,900 -- $20 / 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 $1,479 $16,350 $1,210 $15,140
2023 $1,411 $15,000 $1,110 $13,890
2022 $1,314 $13,620 $1,050 $12,570
2021 $1,289 $12,970 $1,000 $11,970
2020 $1,287 $12,840 $990 $11,850
2019 $1,305 $13,100 $1,010 $12,090
2018 $1,421 $14,590 $1,210 $13,380
2017 $1,421 $14,740 $1,220 $13,520
2016 $1,381 $14,740 $1,220 $13,520
2015 $1,417 $14,450 $1,200 $13,250
2014 $1,417 $15,390 $1,270 $14,120
2013 -- $15,580 $1,290 $14,290
Source: Public Records

Agents Affiliated with this Home

  • Bryson Smith

    Seller's Agent in 2019

    Bryson Smith

    Keller Williams Premier Realty

    (309) 657-7004

    111 in this area

    1,849 Total Sales

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Map

Source: RMLS Alliance

MLS Number: RMAPA1200797

RMLS Alliance

APN: 18-03-154-012

Illinois Peoria County Peoria 61603 Downtown Peoria

711 Morton St, Peoria, IL

This home is located at 711 Morton St, Peoria, IL 61603 since 05 January 2019 and is currently estimated at $65,500, approximately $18 per square foot. This property was built in 1920. 711 Morton St is a home located in Peoria County with nearby schools including Lincoln School, Manual High School, and St Mark School.

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.

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