NOT LISTED FOR SALE

7550 W Lancaster Rd Peoria, IL 61607

Estimated Value: $159,932 - $309,000

3 Beds
1 Bath
2,120 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $165,000 $78 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,645/month

10 Days on Market

Highlights

  • Ranch Style House
  • Bar
  • Garage
  • Fenced Yard

About This Home

As of February 2021

Privacy on nearly 3 acres, yet the comfort and convenience of a neighborhood feel is what this home has to offer you. This home offers three beautiful bedrooms and one full bath, with an extra shower area in the basement. The kitchen opens up into the living area which allows for a nice transition from dinner to relaxing time. The bathroom was recently updated and the walls throughout the home have been freshly painted with inviting colors. The basement is a great entertainment space with a bar area. This is a great space to watch football games and can even be a quiet place just to wind down. Also, for all the extra toys, tools or even extra space for projects, there is a 30 x 30 outbuilding with electricity and a concrete floor. Recent updates have been a garage door and roof in 2017 and a furnace in 2016.

Last Agent to Sell the Property

Dakota Rogy

Keller Williams Premier Realty License #475175100 Listed on: 01/08/2021

Keller Williams Premier Realty

Last Buyer's Agent

Zachary Oyler

Keller Williams Premier Realty License #475172173

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,919

Year Built

  • Built in 1953

Lot Details

  • 2.83

Parking

  • Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1 Full Bathroom
  • Bar
  • Blinds
  • Storage In Attic

Kitchen

  • Oven or Range
  • Microwave

Utilities

  • Septic System
  • Cable TV Available

Additional Features

  • Outbuilding
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,919

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: SW 1/4 SEC 33-8N-7E 2.82 AC COMM SW COR SEC 33; E 1316.7' NELY 525.96' TO POB: E 455.93' NWLY 174.8'
  • Lvt Date: 01/13/2021
  • Year Built: 1953
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave Oven, Refrigerator, Range/Oven
  • Interior Amenities: Attic Storage, Built-In Bar, Cable Tv Available, Blinds
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x12, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Finished, Full
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 12x12, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x11, On Level: Main, Flooring: Hardwood
  • Family Room: Dimensions: 34x18, On Level: Basement, Flooring: Vinyl
  • Informal Dining Room: Dimensions: 10x7, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 14x12, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Island
  • Living Room: Dimensions: 23x14, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 612
  • Total Basement Sq Ft: 1236
  • Additional Room 1: Dimensions: 20x10, On Level: Main, Flooring: Tile
  • Price Per Sq Ft: 109.42
  • Finished Sq Ft: 2120
  • Total Sq Ft: 1508
  • Finished Main Level Sq Ft: 1508

Exterior Features

  • Exterior: Wood Siding
  • Exterior Amenities: Fenced Yard, Outbuilding(s), Shed
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, Detached
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Central Air
  • Water Sewer: Public Water, Septic System

Schools

  • High School: Limestone Comm

Lot Info

  • Estimated Lot Size: 515x455x174x395
  • Estimated Number of Acres: 2.83
  • Lot Description: Level, Wooded
  • Subdivision: Unavailable
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3919
  • Parcel Id Number Tax Id: 17-33-377-004
  • Tax Year: 2018

MLS Schools

  • High School School District: Limestone Comm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 18, 2021
Sold by
Danielle Carpenter
Bought by
Martis Jarrod
Seller's Agent
Dakota Rogy
Keller Williams Premier Realty
Buyer's Agent
Zachary Oyler
Keller Williams Premier Realty
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$223,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,482
Avg. Annual Appreciation
8.09%
Original Mortgage
$132,000
Outstanding Balance
$119,037
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$114,799

Purchase Details

Listed on
May 30, 2012
Closed on
Aug 15, 2012
Bought by
Pettett Danielle
Seller's Agent
Mary Ann Vance
RE/MAX Traders Unlimited
Buyer's Agent
Mary Ann Vance
RE/MAX Traders Unlimited
List Price
$172,500
Sold Price
$168,500
Premium/Discount to List
-$4,000
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%
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
Martis Jarrod -- None Listed On Document
Martis Jerrod $165,000 Elias Meginnes & Seghetti Pc
Pettett Danielle $168,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martis Jerrod $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $165,000 0.0% $78 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $165,000 -2.1% $78 / Sq Ft
08/17/2012 08/17/12 Sold $168,500 -2.3% $83 / Sq Ft
06/30/2012 06/30/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $172,500 -- $85 / 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 $5,069 $65,400 $19,480 $45,920
2023 $4,712 $60,560 $18,040 $42,520
2022 $4,423 $56,810 $16,710 $40,100
2021 $4,255 $54,630 $16,070 $38,560
2020 $4,008 $53,550 $15,750 $37,800
2019 $4,017 $53,550 $15,750 $37,800
2018 $3,920 $53,540 $15,750 $37,790
2017 $4,064 $54,080 $15,910 $38,170
2016 $3,965 $54,630 $16,070 $38,560
2015 $3,831 $53,550 $15,750 $37,800
2014 $3,823 $52,630 $15,490 $37,140
2013 -- $52,630 $15,490 $37,140
Source: Public Records

Agents Affiliated with this Home

  • Dakota Rogy

    Seller's Agent in 2021

    Dakota Rogy

    Keller Williams Premier Realty

    (309) 696-6669

    52 Total Sales

    Section Image
  • Zachary Oyler

    Buyer's Agent in 2021

    Zachary Oyler

    Keller Williams Premier Realty

    (309) 472-8037

    204 Total Sales

    Section Image

  • M

    Seller's Agent in 2012

    Mary Ann Vance

    RE/MAX

    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1221637

RMLS Alliance

APN: 17-33-377-004

Illinois Peoria County Peoria 61607

7550 W Lancaster Rd, Peoria, IL

This home is located at 7550 W Lancaster Rd, Peoria, IL 61607 since 08 January 2021 and is currently estimated at $228,233, approximately $107 per square foot. This property was built in 1953. 7550 W Lancaster Rd is a home located in Peoria County with nearby schools including Limestone Walters Elementary School and Limestone Community 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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