NOT LISTED FOR SALE

907 W Shermoor St Peoria, IL 61614

North Peoria Neighborhood

Estimated Value: $404,262

8 Beds
4 Baths
6,400 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $300,000 $47 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,132/month

31 Days on Market

About This Home

As of October 2020

Location, location, location!!! Check out this 8 unit- income producing property located right off of Northmoor in Peoria! This is a great opportunity to own this type of property! All information is approximate. All 8 units are two bedroom, 1 bath- each rented at $625/ month. Owner pays storm sewer bills, sewer bills, and pension fees. Sold as-is.

Last Agent to Sell the Property

Robert Fredericks

RE/MAX Traders Unlimited License #475084232 Listed on: 08/04/2020

RE/MAX Traders Unlimited

Last Buyer's Agent

Jacqueline Spencer

Keller Williams Revolution License #475172555

Keller Williams Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,960

Year Built

  • Built in 1973

Lot Details

  • 0.48

Interior Spaces

  • 2-Story Property
  • Block Basement Construction

Schools

  • Kellar Elementary School
  • Richwoods High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,960

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: LOT 2 VAN HOOSERS ADDN
  • Lvt Date: 08/04/2020
  • Year Built: 1973
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 8
  • Number Refrigerators: 8
  • Basement: Slab, Block
  • Price Per Sq Ft: 46.88
  • Total Sq Ft: 6400

Exterior Features

  • Exterior: Aluminum Siding, Brick Partial
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 16

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 1030
  • Garbage Collection Exp: 1468
  • Gas Expense: 1025
  • Laundry Facilities: Common
  • Water Sewer Expenses: 3343

Schools

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

Lot Info

  • Estimated Lot Size: SEE PLAT
  • Estimated Number of Acres: 0.48
  • Lot Description: Level
  • Subdivision: Van
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 30000

Tax Info

  • Annual Taxes: 7959.8
  • Parcel Id Number Tax Id: 14-17-278-009
  • Tax Year: 2019

Multi Family

  • Total Number Units: 8
  • Gross Annual Income: 30000
  • Total Number Central Air Units: 8
  • Total Number Electric Meters: 8
  • Total Number Gas Meters: 8
  • Total Number Heating Units: 8
  • Total Number Water Heaters: 8
  • Total Number Water Meters: 8

MLS Schools

  • Middle School: Lindbergh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Nov 3, 2020
Sold by
Villa Ridge Investments Llc
Bought by
Kb Heartland Properties Llc
Seller's Agent
Robert Fredericks
RE/MAX Traders Unlimited
Buyer's Agent
Jacqueline Spencer
Keller Williams Revolution
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%
Current Estimated Value
$404,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,262
Avg. Annual Appreciation
5.39%
Original Mortgage
$300,000
Outstanding Balance
$269,382
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$117,877

Purchase Details

Listed on
Aug 4, 2020
Closed on
Oct 29, 2020
Sold by
Villa Ridge Investments Llc
Bought by
Kb Heartland Properties Llc
Seller's Agent
Robert Fredericks
RE/MAX Traders Unlimited
Buyer's Agent
Jacqueline Spencer
Keller Williams Revolution
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$269,382
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$117,877

Purchase Details

Closed on
Mar 29, 2011
Bought by
Villa Ridge Investments Llc
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
Kb Heartland Properties Llc $300,000 Heyl Royster Voelker & Allen
Kb Heartland Properties Llc $300,000 Heyl Royster Voelker & Allen
Villa Ridge Investments Llc $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kb Heartland Properties Llc $300,000
Closed Kb Heartland Properties Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $300,000 -8.8% $47 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $329,000 -- $51 / 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 $11,367 $125,670 $14,530 $111,140
2023 $10,847 $115,290 $13,330 $101,960
2022 $9,611 $99,640 $11,760 $87,880
2021 $7,784 $78,300 $11,760 $66,540
2020 $7,846 $78,300 $11,760 $66,540
2019 $7,960 $79,900 $12,000 $67,900
2018 $7,779 $79,870 $12,000 $67,870
2017 $7,778 $80,680 $12,120 $68,560
2016 $7,561 $80,680 $12,120 $68,560
2015 $6,489 $79,100 $11,880 $67,220
2014 $6,411 $70,490 $7,730 $62,760
2013 -- $70,490 $7,730 $62,760
Source: Public Records

Agents Affiliated with this Home

  • Robert Fredericks

    Seller's Agent in 2020

    Robert Fredericks

    RE/MAX

    (309) 696-7135

    49 in this area

    177 Total Sales

    Robert Fredericks
    Section Image
  • Jacqueline Spencer

    Buyer's Agent in 2020

    Jacqueline Spencer

    Keller Williams Revolution

    (309) 825-4375

    8 in this area

    156 Total Sales

    Jacqueline Spencer
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1217576

RMLS Alliance

APN: 14-17-278-009

Illinois Peoria County Peoria 61614 North Peoria

907 W Shermoor St, Peoria, IL

This home is located at 907 W Shermoor St, Peoria, IL 61614 since 04 August 2020 and is currently estimated at $404,262, approximately $63 per square foot. This property was built in 1973. 907 W Shermoor St is a home located in Peoria County with nearby schools including Kellar Primary School, Liberty Leadership Middle School, and Richwoods 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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