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114 West Forest Avenue

114 West Forest Avenue, East Peoria, IL 61611
Property in Fondulac
Sold May 09, 2017
$82,000
$80,514 by First State Bank
Mortgage
Local assessors in East Peoria, IL have categorized 114 West Forest Avenue as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 8,700 square feet. The linear feet between the front and back of the lot was measured at 1,740 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 114 West Forest Avenue has a total of 1,260 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 840 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 308 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Apr 26, 2017 for $82,000. That's $43.39 per sqft. 114 West Forest Avenue was last assessed in 2023. The total value of the property was assessed at $31,310. Specifically, the land the property is located on was valued at $3,900. While improvements on the property were assessed at a total of $27,410. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,266. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 840
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,700
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,890
  • Gross Building Area: 1,890
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHWAY VILLAGE SUBD
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 35 T26N R4W HIGHWAY VILLAGE SUBD #3 LOT 29 SE 1/4

Ownership

  • Current Owner : MCGRAUGH ASHLYNNE
  • Previous Owner : FRANKEN KENNETH A
  • Previous Owner 2: FRANKEN JUDY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Peoria Community High School District 309
  • Census Tract: 020301

Geography

  • District: 010
  • Section: 35
  • Parcel: 01-01-35-412-024
  • Lot: 29
  • Meridian: SEC 35 TWN 26N RNG 04W
  • Municipality: FONDULAC
  • Latitude: 40.6625
  • Longitude: -89.5255

    Address

  • Full Address: 114 W Forest Ave
  • Address - House Number: 114
  • Street Direction: W
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: East Peoria
  • Carrier Code: C096
  • 4-Digit Zip Code: 3031
  • Zip Code: 61611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,266
  • Tax Rate Code Area: 01010

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 67
  • Final Value: 118,186
  • High Value: 145,823
  • Low Value: 90,549

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,514
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: May 09, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $80,514
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $93,930
  • Market Land Value: $11,700
  • Market Improvement Value: $82,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,310
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $27,410

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2017
  • Current Sale Recording Date: May 09, 2017
  • Current Sale Transaction ID: 1589772823
  • Current Sale Price: $82,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201700006540

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: May 09, 2017
  • First Mortgage Loan Amount: $80,514
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About East Peoria



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Frequently Asked Questions

What neighborhood is 114 West Forest Avenue located in?
The 114 West Forest Avenue is a located in the neighborhood of Fondulac in East Peoria, East Peoria.
What is the average sales price for listings in 114 West Forest Avenue?
The average sales price for units in 114 West Forest Avenue is $0 currently.

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