NOT LISTED FOR SALE

7116 N Miramar Dr Peoria, IL 61614

North Peoria Neighborhood

Estimated Value: $276,946 - $343,000

8 Beds
4 Baths
4,560 Sq Ft
$67/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $275,000 $60 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,291/month

67 Days on Market

Highlights

  • Forced Air Heating System
  • Richwoods High School Rated A-
  • Level Lot

About This Home

As of May 2024

Investment Property in Great Location! This 2 Story building has a total of 4 Units, each with 2 Bedrooms and 1 Bathroom and Washer/Dryer Hook-ups. 4 Shared Garage Parking Spaces and off-street shared parking. New Water Heater in November of 2023. 2 Furnace/Central Air Combo Units updated in 2023. Currently 2 Tenants on a 1 Year Lease Agreement and 2 Tenants on a Month-to Month!

Last Agent to Sell the Property

Linda Kepple

Keller Williams Premier Realty Brokerage Phone: 309-282-1555 License #471.004439 Listed on: 02/16/2024

Keller Williams Premier Realty

Last Buyer's Agent

Linda Kepple

Keller Williams Premier Realty Brokerage Phone: 309-282-1555 License #471.004439 Listed on: 02/16/2024

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,164

Year Built

  • Built in 1968

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 110 x 205
  • Level Lot

Home Design

  • 4,560 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Common or Shared Parking
  • On-Street Parking

Schools

  • Kellar Elementary School
  • Liberty Leadership Middle School
  • Richwoods High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Tanglewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-08-327-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,164

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1968
  • New Construction: No
  • Structure Type: Two or More Story, Quadruplex
  • Attribution Contact: Offc: 309-282-1555
  • Special Features: None

Interior Features

  • Basement: None

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick Partial, Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street, Shared Garage/Stall
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas, Central Air
  • Water Source: Public Sewer, Public
  • GasExpense: 0

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 540

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Kellar
  • High School: Richwoods
  • Middle Or Junior School: Liberty Leadership Middle School

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size: 110 x 205
  • Parcel #: 14-08-327-002

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9164.02
  • TaxExemptions: None

Multi Family

  • Resident Manager Expense: 3600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Jun 14, 2024
Sold by
Jabm Llc-7116 Miramar
Bought by
Kivett Laura and Kivett Gary
Seller's Agent
Linda Kepple
Keller Williams Premier Realty
Buyer's Agent
Linda Kepple
Keller Williams Premier Realty
List Price
$299,999
Sold Price
$275,000
Premium/Discount to List
-$24,999
-8.33%
Views
1318
Current Estimated Value
$305,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,487
Avg. Annual Appreciation
6.93%
Original Mortgage
$261,250
Outstanding Balance
$258,042
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$47,445

Purchase Details

Closed on
Aug 9, 2022
Sold by
Jabm Llc
Bought by
Miramar Jabm Llc-7116

Purchase Details

Closed on
Dec 8, 2021
Sold by
Traina Kathy T
Bought by
Jabm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
3.22%
Mortgage Type
New Conventional
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
Kivett Laura $275,000 None Listed On Document
Miramar Jabm Llc-7116 -- Zeidman & Carpenter Pllc
Jabm Llc $237,500 Kepple Law Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kivett Laura $261,250
Previous Owner Jabm Llc $190,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $275,000 -3.5% $60 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
03/26/2024 03/26/24 Price Changed $285,000 -5.0% $63 / Sq Ft
02/16/2024 02/16/24 For Sale $299,999 -- $66 / 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 $8,233 $91,020 $13,850 $77,170
2023 $7,857 $83,510 $12,710 $70,800
2022 $8,012 $83,060 $11,840 $71,220
2021 $7,865 $79,110 $11,280 $67,830
2020 $7,849 $78,330 $11,170 $67,160
2019 $7,963 $79,930 $11,400 $68,530
2018 $7,862 $80,730 $11,510 $69,220
2017 $7,862 $81,550 $11,630 $69,920
2016 $7,643 $81,550 $11,630 $69,920
2015 $7,228 $79,950 $11,400 $68,550
2014 $7,229 $78,520 $11,130 $67,390
2013 -- $79,480 $11,270 $68,210
Source: Public Records

Agents Affiliated with this Home

  • Linda Kepple

    Seller's Agent in 2024

    Linda Kepple

    Keller Williams Premier Realty

    (309) 303-5742

    226 in this area

    557 Total Sales

    Linda Kepple
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Map

Source: RMLS Alliance

MLS Number: PA1248258

RMLS Alliance

APN: 14-08-327-002

Illinois Peoria County Peoria 61614 North Peoria

7116 N Miramar Dr, Peoria, IL

Not Listed for Sale

MultiFamily

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