NOT LISTED FOR SALE

711 Spalding Ave Unit 4015 Peoria, IL 61603

Downtown Peoria Neighborhood

Estimated Value: $177,915

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold January 07, 2019

Last sale price $160,000

Est. 11% increase in value since last sale

Current estimated payment $1,359/month

About This Home

As of January 2019

Good investment property in Central Peoria. 9-Unit Multi-family property in great location.

Last Agent to Sell the Property

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786 Listed on: 03/23/2018

Jim Maloof Realty, Inc.

Last Buyer's Agent

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786 Listed on: 03/23/2018

Jim Maloof Realty, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,020

Year Built

  • Built in 1940

Lot Details

  • 3,049

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for real estate taxes, insurance, trash, gas, water/sewer

Property Details

Property Type

Other

Est. Annual Taxes

$3,020

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Style: Up & Down
  • Sub Type: Multi-Family
  • Lvt Date: 03/23/2018
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Wood
  • Total Sq Ft: 4935
  • Other Access: None
  • Estimated Lot Sq Ft: 50x64

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 4Lane, Frontage Road, Inside Lot, City Street
  • Insulation: Unknown
  • Roof Construction: Tar/Gravel
  • Wall Construction: Frame

Utilities

  • Cooling: None
  • Heating: Electric
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.07
  • Zoning: R8
  • Geo Subdivision: IL

Rental Info

  • Common Laundry: Yes
  • Lease Type: Gross
  • Owner Pays: Real Estate Taxes, Insurance, Trash, Gas, Water/Sewer
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Electric, Heating
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 3020.4
  • Parcel Id Number Tax Id: 18-04-456-001
  • Tax Incentive: In City Limit
  • Tax Year: 2016

Multi Family

  • Total Number Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jan 4, 2019
Sold by
Lambert Christopher O and Lambert Amy J
Bought by
Cobige Maurice
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
List Price
$185,000
Sold Price
$160,000
Premium/Discount to List
-$25,000
-13.51%
Current Estimated Value
$177,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,915
Avg. Annual Appreciation
1.58%

Purchase Details

Closed on
Dec 20, 2007
Bought by
Lambert Christopher O and Lambert Amy J
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
Cobige Maurice $160,000 Attorney Only
Lambert Christopher O $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2019 01/07/19 Sold $160,000 -13.5% --
12/13/2018 12/13/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $185,000 -- --
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 $5,033 $55,640 $8,810 $46,830
2023 $4,802 $51,040 $8,080 $42,960
2022 $3,719 $38,550 $7,180 $31,370
2021 $3,832 $38,550 $7,180 $31,370
2020 $3,863 $38,550 $7,180 $31,370
2019 $3,919 $39,340 $7,330 $32,010
2018 $2,774 $28,480 $6,660 $21,820
2017 $2,774 $28,770 $6,730 $22,040
2016 $2,697 $28,770 $6,730 $22,040
2015 $2,535 $28,210 $6,600 $21,610
2014 $2,505 $27,540 $6,440 $21,100
2013 -- $27,540 $6,440 $21,100
Source: Public Records

Agents Affiliated with this Home

  • Ryan Blackorby

    Seller's Agent in 2019

    Ryan Blackorby

    Jim Maloof Realty, Inc.

    (309) 657-6787

    10 in this area

    830 Total Sales

    Ryan Blackorby
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Map

Source: RMLS Alliance

MLS Number: RMAPA7033322

RMLS Alliance

APN: 18-04-456-001

Illinois Peoria County Peoria 61603 Downtown Peoria

711 Spalding Ave Unit 4015, Peoria, IL

This home is located at 711 Spalding Ave Unit 4015, Peoria, IL 61603 since 23 March 2018 and is currently estimated at $177,915. This property was built in 1940. 711 Spalding Ave Unit 4015 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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