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1422 West Forrest Hill Avenue

1422 West Forrest Hill Avenue, Peoria, IL 61604
Property in Peoria City
Sold Dec 13, 2022
$120,000
$114,000 by Rocket Mortgage Llc
Mortgage Due Jan 01, 2053
Sold Jul 15, 2022
$55,000
$168,000 by Fortress Bank
Mortgage Due Jul 13, 2023
Local assessors in Peoria, IL have categorized 1422 West Forrest Hill Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 5,227 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1422 West Forrest Hill Avenue has a total of 1,668 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1422 West Forrest Hill Avenue sold most recently in Dec 8, 2022 for a total of $120,000. If you work out the math, that's approximately a cost of $44.91 per sqft. Before that, the property was also sold for $55,000 in Jul 13, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,159 in taxes each year. 1422 West Forrest Hill Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $28,380. If we break it down further, the land itself was valued at $3,780. Improvements to the property, however, were assessed at a total of $24,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,004
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,672
  • Gross Building Area: 2,672
  • Building Area: 1,668
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,668
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET HILLS
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNSET HILLS NW 1/4 SEC 32-9-8E LOT 17 (72-05109)

Ownership

  • Current Owner : COURTENAY ERICA
  • Previous Owner : ACCERERATION VENTURES LLC
  • Owner Before Previous Owner: FIRST STATE BANK OF ILLINOIS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Peoria School District 150
  • School Tax School District: C0
  • Census Tract: 002200

Geography

  • Parcel: 14-32-126-010
  • Lot: 17
  • Meridian: SEC 32 TWN 09 RNG 08
  • Municipality: CITY OF PEORIA
  • Latitude: 40.725
  • Longitude: -89.6156

    Address

  • Full Address: 1422 W Forrest Hill Ave
  • Address - House Number: 1422
  • Street Direction: W
  • Address - Street Name: Forrest Hill
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Peoria
  • Carrier Code: C020
  • 4-Digit Zip Code: 2577
  • Zip Code: 61604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,159
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.3755
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 24
  • Final Value: 214,432
  • High Value: 294,954
  • Low Value: 133,909

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 13, 2022
  • First Open Lien Mortgage Loan Amount: $114,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $85,140
  • Market Land Value: $11,340
  • Market Improvement Value: $73,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,380
  • Assessed Land Value: $3,780
  • Assessed Improvements Value: $24,600

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Dec 13, 2022
  • Current Sale Transaction ID: 11899737532
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 22779
  • Previous Sale Recording Date: Jul 15, 2022
  • Previous Sale Contract Date: Jul 13, 2022
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 13, 2022
  • First Mortgage Loan Amount: $114,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FORTRESS BANK
  • Previous Mortgage Transaction Date: Jul 15, 2022
  • Previous Mortgage Loan Amount: $168,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jul 13, 2023

About Peoria



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Frequently Asked Questions

What neighborhood is 1422 West Forrest Hill Avenue located in?
The 1422 West Forrest Hill Avenue is a located in the neighborhood of Peoria City in Peoria, Peoria.
What is the average sales price for listings in 1422 West Forrest Hill Avenue?
The average sales price for units in 1422 West Forrest Hill Avenue is $0 currently.

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