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2507 Northeast Monroe Street

2507 Northeast Monroe Street, Peoria, IL 61603
Property in Peoria City
Sold Apr 06, 2023
$31,000
$300,000 by Goodfield State Bank
Mortgage Due Jul 01, 2028
Sold Jan 27, 2023
$3,500
2507 Northeast Monroe Street has been categorized by the local assessors in Peoria, IL as a residential type of property. The building on the property was first built in 1938 and is 86 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2507 Northeast Monroe Street has 792 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,723 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cottage style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 216 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. The property was last sold in Apr 6, 2023 for $31,000. That's $19.57 per sqft. Prior to that sales transaction, the property was also sold in Jan 19, 2023 for $3,500. 2507 Northeast Monroe Street was last assessed in 2022. The total value of the property was assessed at $6,700. Specifically, the land the property is located on was valued at $1,100. While improvements on the property were assessed at a total of $5,600. 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 $646. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Exterior

Vinyl Siding

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 792
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,723
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,584
  • Gross Building Area: 1,584
  • Building Area: 792
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JEFFERSON PARK
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JEFFERSON PARK SE 1/4 SEC 34-9-8E & SE 1/4 SEC 35-9-8E LOT 22 BLK 11 (82-10571)

Ownership

  • Current Owner : KING JAMES W
  • Previous Owner : KOINONIA PEORIA LLC
  • Owner Before Previous Owner: LEMAN MARK W
  • Ownership Rights Codes: unknown
  • Vacant Flag Date: Jan 18, 2024

Neighborhood

  • School District Name: Peoria School District 150
  • School Tax School District: C0
  • Census Tract: 001500

Geography

  • Section: 34-35
  • Parcel: 14-34-481-026
  • Block: 11
  • Lot: 22
  • Meridian: SEC 34 TWN 09 RNG 08
  • Municipality: CITY OF PEORIA
  • Latitude: 40.7126
  • Longitude: -89.5651

    Address

  • Full Address: 2507 Ne Monroe St
  • Address - House Number: 2507
  • Street Direction: NE
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peoria
  • Carrier Code: C008
  • 4-Digit Zip Code: 2925
  • Zip Code: 61603

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $646
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.433
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 13
  • Final Value: 47,443
  • High Value: 67,985
  • Low Value: 26,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: GOODFIELD STATE BANK
  • First Open Lien Mortgage Recording Date: May 30, 2023
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2028

    Market Valuation

  • Market Total Value: $20,100
  • Market Land Value: $3,300
  • Market Improvement Value: $16,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,700
  • Assessed Land Value: $1,100
  • Assessed Improvements Value: $5,600

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Transaction ID: 11904670778
  • Current Sale Price: $31,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 4643
  • Previous Sale Recording Date: Jan 27, 2023
  • Previous Sale Contract Date: Jan 19, 2023
  • Previous Sale Amount: $3,500
  • Previous Sale Document Type: Administrator's Deed

About Peoria



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Frequently Asked Questions

What neighborhood is 2507 Northeast Monroe Street located in?
The 2507 Northeast Monroe Street is a located in the neighborhood of Peoria City in Peoria, Peoria.
What is the average sales price for listings in 2507 Northeast Monroe Street?
The average sales price for units in 2507 Northeast Monroe Street is $0 currently.

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