NOT LISTED FOR SALE

715 Spring St Peoria, IL 61603

Downtown Peoria Neighborhood

Estimated Value: $40,000 - $71,000

4 Beds
2 Baths
2,400 Sq Ft
$24/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $15,000 $6 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $343/month

67 Days on Market

About This Home

As of February 2021

Investment Income! Investors add this one to your portfolio. This Duplex with parking pad and partial fenced in yard in Peoria is great for an investment property. Currently 100% rented. Tenants pay for all utilities but water. Updates include water heater, updated bathrooms, updated kitchens. Schedule a time to see this great income producing duplex.

Last Agent to Sell the Property

Tracy Morris

eXp Realty License #475190471 Listed on: 12/10/2020

eXp Realty

Last Buyer's Agent

PAAR-NON RMLSA AGENT

Non-MLS License #0000000000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $645

Year Built

  • Built in 1920

Lot Details

  • 3,049

Schools

  • Peoria Central High School

Additional Features

  • 2-Story Property
  • Cable TV Available
  • Unfinished Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$645

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: HALL & HUDSON'S ADD NW 1/4 SEC 3-8-8E BEG NE COR LOT 1 RGE 1: TH SW 91' SE 33' NE 91' NW 33' TO POB
  • Lvt Date: 12/14/2020
  • Year Built: 1920
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Unfinished
  • Price Per Sq Ft: 6.25
  • Total Sq Ft: 2400

Exterior Features

  • Exterior: Stucco
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: No Laundry Equipment
  • Water Sewer Expenses: 600

Schools

  • High School: Peoria Central
  • High School: Peoria Central

Lot Info

  • Estimated Lot Size: 91x33
  • Lot Description: Level
  • Zoning: R6
  • Subdivision: Halls
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 15000

Tax Info

  • Annual Taxes: 645
  • Parcel Id Number Tax Id: 18-03-156-010
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 15000
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Mar 4, 2021
Sold by
Sherrce Abbey
Bought by
River City Venture Llc
Seller's Agent
Tracy Morris
eXp Realty
Buyer's Agent
PAAR-NON RMLSA AGENT
Non-MLS
List Price
$35,000
Sold Price
$15,000
Premium/Discount to List
-$20,000
-57.14%
Current Estimated Value
$50,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,515
Avg. Annual Appreciation
31.63%
Original Mortgage
$22,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 25, 2021
Sold by
Sherrce Abbey
Bought by
River City Venture Llc
Seller's Agent
Tracy Morris
eXp Realty
Buyer's Agent
PAAR-NON RMLSA AGENT
Non-MLS
List Price
$35,000
Sold Price
$15,000
Premium/Discount to List
-$20,000
-57.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 18, 2018
Sold by
Hollis and Hollis Crystal A
Bought by
Lsf8 Master Participation Trus

Purchase Details

Closed on
Jun 22, 2018
Sold by
Hollis and Hollis Crystal A
Bought by
Lsf8 Master Participation Trus

Purchase Details

Closed on
Mar 12, 2004
Bought by
Hollis Diane
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
River City Venture Llc $15,000 Miller Theresa
River City Venture Llc $15,000 Miller Theresa
River City Venture Llc $15,000 Miller Theresa
Lsf8 Master Participation Trus -- --
Lsf8 Master Participation Trus -- --
Us Bank Trust Na Fbo Lsf8 Mast $75,586 Heavner Beyers & Mihlar Llc
Hollis Diane $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed River City Venture Llc $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $15,000 -57.1% $6 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $35,000 -- $15 / 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 $791 $8,740 $890 $7,850
2023 $755 $8,020 $820 $7,200
2022 $699 $7,250 $780 $6,470
2021 $686 $6,900 $740 $6,160
2020 $684 $6,830 $730 $6,100
2019 $384 $3,850 $740 $3,110
2018 $393 $13,050 $900 $12,150
2017 $389 $13,180 $910 $12,270
2016 $673 $13,180 $910 $12,270
2015 $648 $12,920 $890 $12,030
2014 $822 $13,870 $940 $12,930
2013 -- $14,040 $950 $13,090
Source: Public Records

Agents Affiliated with this Home

  • Tracy Morris

    Seller's Agent in 2021

    Tracy Morris

    eXp Realty

    (309) 678-6648

    10 in this area

    315 Total Sales

    Section Image

  • P

    Buyer's Agent in 2021

    PAAR-NON RMLSA AGENT

    Non-MLS

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Map

Source: RMLS Alliance

MLS Number: PA1221079

RMLS Alliance

APN: 18-03-156-010

Illinois Peoria County Peoria 61603 Downtown Peoria

715 Spring St, Peoria, IL

This home is located at 715 Spring St, Peoria, IL 61603 since 10 December 2020 and is currently estimated at $57,946, approximately $24 per square foot. This property was built in 1920. 715 Spring St is a home located in Peoria County with nearby schools including Lincoln School and Manual High 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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