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1614 West Margaret Avenue

1614 West Margaret Avenue, Peoria, IL 61604
House in Peoria City
Sold Sep 01, 2017
$103,500
$101,597 by Finance Of America Mtg Llc
Mortgage Due Sep 01, 2047
Sold Oct 15, 2009
$112,900
1614 West Margaret Avenue in Peoria, IL was first built in 1940 and is 84 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1614 West Margaret Avenue has 2,073 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. The garage is 360 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1614 West Margaret Avenue was last sold in Aug 26, 2017 for $103,500. According to our calculations, that's $26.90 per sqft. Prior to that sales transaction, the property was sold for $112,900 in Oct 15, 2009. Current property owners are expected to pay $2,972 in taxes per year. The property on 1614 West Margaret Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $36,810. To break that down further, the land itself was valued at $4,620. While improvements to the property were assessed at a total of $32,190. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 902
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Frontage Feet: 460
  • Total Building Area: 3,848
  • Gross Building Area: 3,848
  • Building Area: 2,073
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,073
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET HILLS
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNSET HILLS 2ND ADD NW 1/4 SEC 32-9-8E LOT 116; ALSO BEG NW COR LOT 117: TH SLY TO PT 1 E OF WLY LN LOT 117 & 48.5 S OF NW COR LOT 117 TH TO PT ON W LN LOT 117 18. FURTHER S NLY ALG W LN LOT 117 67 TO

Ownership

  • Current Owner : WILLIAMS JEREMY A
  • Current Owner 2: WILLIAMS DEWANA S
  • Previous Owner : MORELAND AMBER M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 14-32-103-015
  • Lot: 116
  • Meridian: SEC 32 TWN 09 RNG 08
  • Municipality: CITY OF PEORIA
  • Latitude: 40.7237
  • Longitude: -89.6186

    Address

  • Full Address: 1614 W Margaret Ave
  • Address - House Number: 1614
  • Street Direction: W
  • Address - Street Name: Margaret
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Peoria
  • Carrier Code: C020
  • 4-Digit Zip Code: 2547
  • Zip Code: 61604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,972
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2373
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 66
  • Final Value: 144,575
  • High Value: 178,895
  • Low Value: 110,254

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $112,455
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MTG LLC
  • First Open Lien Mortgage Recording Date: Sep 01, 2017
  • First Open Lien Mortgage Loan Amount: $101,597
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Nov 10, 2022
  • Second Open Lien Mortgage Loan Amount: $10,858
  • Second Open Lien Mortgage Term: 297
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $110,430
  • Market Land Value: $13,860
  • Market Improvement Value: $96,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,810
  • Assessed Land Value: $4,620
  • Assessed Improvements Value: $32,190

    Sales

  • Current Sale Contract Date: Aug 26, 2017
  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Transaction ID: 11708897715
  • Current Sale Price: $103,500
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Oct 15, 2009
  • Previous Sale Contract Date: Oct 15, 2009
  • Previous Sale Amount: $112,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MTG LLC
  • First Mortgage Transaction Date: Sep 01, 2017
  • First Mortgage Loan Amount: $101,597
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

About Peoria



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Frequently Asked Questions

What neighborhood is 1614 West Margaret Avenue located in?
The 1614 West Margaret Avenue is a house located in the neighborhood of Peoria City in Peoria, Peoria.
What is the average sales price for listings in 1614 West Margaret Avenue?
The average sales price for units in 1614 West Margaret Avenue is $0 currently.

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