NOT LISTED FOR SALE

8638 N Picture Ridge Rd Peoria, IL 61615

North Peoria Neighborhood

Estimated Value: $232,000 - $371,000

5 Beds
5 Baths
4,344 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $220,000 $51 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,137/month

About This Home

As of April 2021

Great investment opportunity! Ranch style duplex in good condition in a great location! 8638 side has 2 bdrms, 2 baths, attached 2 car garage, cathedral ceilings, main floor laundry & full basement. Updates include: 2013 roof, 2021 flooring, paint, and kitchen faucet. 8640 has a 4 season room with 2017- heating/cool unit and third bdrm in bsmt with full bath but no egress added in 2017. This unit has new ac unit-18, furnance-19 and new frig in 2018. Live on one side & let the other make the payment. Tenants occupy 8640 -- until Aug 1. DO NOT BOTHER TENANT WITH OUT APPT.

Last Agent to Sell the Property

Lisa Inman

Move Smart Realty License #471022023 Listed on: 02/17/2021

Last Buyer's Agent

Holly Salter

Keller Williams Premier Realty License #475168897

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,286

Year Built

  • Built in 1996

Lot Details

  • 0.57

Home Design

  • Duplex

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Garage
  • Garage Door Opener

Schools

  • Kellar Elementary School
  • Richwoods High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, lawn care, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,286

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Lot 11 Timber Ridge
  • Lvt Date: 02/17/2021
  • Year Built: 1996
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available, Garage Door Opener(s)
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 2
  • Basement: Full, Block, Partially Finished, Unfinished
  • Price Per Sq Ft: 50.64
  • Total Sq Ft: 4344

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Ejector Pump, Public Sewer, Public Water
  • Laundry Facilities: Owned Equipment, Units Hook-Ups
  • Number Window Units: 1

Schools

  • Elementary School: Kellar
  • Middle School: Lindbergh
  • High School: Richwoods
  • Elementary School: Kellar
  • High School: Richwoods

Lot Info

  • Estimated Lot Size: 190x210x84x123
  • Lot Description: Corner, Level
  • Subdivision: Timber Ridge
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities, Lawn Care, Snow Removal
  • Gross Annual Rent Income: 30000

Tax Info

  • Annual Taxes: 7286.5
  • Parcel Id Number Tax Id: 14-04-154-011
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 30000
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Lindbergh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 5, 2021
Sold by
Craig Properties Inc
Bought by
Zich Andrew
Seller's Agent
Lisa Inman
Move Smart Realty
Buyer's Agent
Holly Salter
Keller Williams Premier Realty
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Current Estimated Value
$296,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,116
Avg. Annual Appreciation
6.70%
Original Mortgage
$187,000
Outstanding Balance
$168,838
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$127,278

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 1, 2021
Sold by
Craig Properties Inc
Bought by
Zich Andrew
Seller's Agent
Lisa Inman
Move Smart Realty
Buyer's Agent
Holly Salter
Keller Williams Premier Realty
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$168,838
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$127,278

Purchase Details

Closed on
Apr 8, 2019
Sold by
Essig Dustin E
Bought by
Craig Properties Inc

Purchase Details

Closed on
May 15, 2007
Bought by
State Bank Of Countryside
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
Zich Andrew $220,000 Heyl Royster Voelker & Allen
Zich Andrew $220,000 Heyl Royster Voelker & Allen
Zich Andrew $220,000 Heyl Royster Voelker & Allen
Craig Properties Inc -- --
State Bank Of Countryside $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zich Andrew $187,000
Closed Zich Andrew $187,000
Closed Zich Andrew $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $220,000 -3.9% $51 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $229,000 -- $53 / 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 $7,006 $77,460 $11,340 $66,120
2023 $6,686 $71,060 $10,400 $60,660
2022 $6,940 $71,950 $9,510 $62,440
2021 $6,723 $67,630 $9,060 $58,570
2020 $6,710 $66,960 $8,970 $57,990
2019 $6,806 $68,320 $9,150 $59,170
2018 $6,827 $70,100 $9,240 $60,860
2017 $6,775 $70,800 $9,330 $61,470
2016 $6,635 $70,800 $9,330 $61,470
2015 $8,596 $69,410 $9,150 $60,260
2014 $8,597 $93,380 $8,690 $84,690
2013 -- $94,520 $8,800 $85,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1222348

RMLS Alliance

APN: 14-04-154-011