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716 East Division Avenue

716 East Division Avenue, Peoria Heights, IL 61616
Property in Richwoods
Sold Mar 22, 2023
$70,000
$70,000 by Inb, National Association
Mortgage
Sold Aug 25, 2014
$65,000
$52,000 by Mb Fin'l Bk Na
Mortgage Due Sep 01, 2029
716 East Division Avenue in Peoria Heights, IL was first built in 1953 and is 71 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 ranch/rambler 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 2 partial bathrooms. 716 East Division Avenue has 1,080 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 6,259 square feet.

Learn more about the property and building on this page. There is a unknown. 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 alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 716 East Division Avenue sold most recently in Mar 22, 2023 for a total of $70,000. If you work out the math, that's approximately a cost of $32.41 per sqft. Before that, the property was also sold for $65,000 in Aug 5, 2014. 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 $2,028 in taxes each year. 716 East Division Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,110. If we break it down further, the land itself was valued at $4,120. Improvements to the property, however, were assessed at a total of $17,990. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,080
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,259
  • Lot Size Frontage Feet: 520
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAFOOL SUB
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAFOOL SUB #1 NW 1/4 SEC 27-9-8E LOT 5

Ownership

  • Current Owner : MERITT WILLIAM
  • Current Owner 2: MERITT LINDA
  • Previous Owner : HILLIS RYAN J
  • Owner Before Previous Owner: SCHULTZ JOHN J
  • Owner Before Previous Owner 2: SCHULTZ JENNIFER J
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Peoria Heights Community Unit School District 325
  • School Tax School District: RI
  • Census Tract: 004300

Geography

  • Parcel: 14-27-154-005
  • Lot: 5
  • Meridian: SEC 27 TWN 09 RNG 08
  • Municipality: RICHWOODS
  • Latitude: 40.7336
  • Longitude: -89.583

    Address

  • Full Address: 716 E Division Ave
  • Address - House Number: 716
  • Street Direction: E
  • Address - Street Name: Division
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Peoria Heights
  • Carrier Code: C017
  • 4-Digit Zip Code: 7519
  • Zip Code: 61616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,028
  • Tax Rate Code Area: 217

    Appraisal Valuation

  • Standard Deviation: 0.3755
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 24
  • Final Value: 201,654
  • High Value: 277,378
  • Low Value: 125,929

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: INB, NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Mar 22, 2023
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $66,330
  • Market Land Value: $12,360
  • Market Improvement Value: $53,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,110
  • Assessed Land Value: $4,120
  • Assessed Improvements Value: $17,990

    Sales

  • Current Sale Contract Date: Mar 22, 2023
  • Current Sale Recording Date: Mar 22, 2023
  • Current Sale Transaction ID: 11903962221
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3852
  • Previous Sale Recording Date: Aug 25, 2014
  • Previous Sale Contract Date: Aug 05, 2014
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: INB, NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Mar 22, 2023
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MB FIN'L BK NA
  • Previous Mortgage Transaction Date: Aug 25, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $52,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2029

About Peoria Heights



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Frequently Asked Questions

What neighborhood is 716 East Division Avenue located in?
The 716 East Division Avenue is a located in the neighborhood of Richwoods in Peoria Heights, Peoria Heights.
What is the average sales price for listings in 716 East Division Avenue?
The average sales price for units in 716 East Division Avenue is $0 currently.

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