Sold Mar 03, 2016
$35,000
Buyer
Seller
$26,250
by Caliber Hm Loans Inc
Mortgage Due Mar 01, 2046
314 East Melbourne Avenue 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 1920 and is 104 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, 314 East Melbourne Avenue has 757 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 3,920 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. 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 C 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 air conditioning at the moment. 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, 314 East Melbourne Avenue was last sold in Feb 24, 2016 for $35,000. According to our calculations, that's $23.12 per sqft. Current property owners are expected to pay $1,172 in taxes per year. The property on 314 East Melbourne Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $12,150. To break that down further, the land itself was valued at $2,670. While improvements to the property were assessed at a total of $9,480. 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. 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!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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 C 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 air conditioning at the moment. 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, 314 East Melbourne Avenue was last sold in Feb 24, 2016 for $35,000. According to our calculations, that's $23.12 per sqft. Current property owners are expected to pay $1,172 in taxes per year. The property on 314 East Melbourne Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $12,150. To break that down further, the land itself was valued at $2,670. While improvements to the property were assessed at a total of $9,480. 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. 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!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.