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Peoria 61615
927 W OAKVIEW Drive
$105,000
● House - Off Market

927 W OAKVIEW Drive

Peoria, IL 61615
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,564 Ft²
$133,306
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

This ranch home is ready for a new owner...and features a spacious living area  w/fireplace, large dining room, 4 bedrooms,2 baths, 2 car attached garage, and  located on a nice sized lot. Bring your decorating ideas, needs updates, but  there are lots of possibilities!
Unit Size
2,564 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$47
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,977
  • Lot Size Frontage Feet: 2,040
  • Total Building Area: 2,564
  • Building Area: 2,564
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,564
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAVINWOODS FARM, A PART
  • Land Acres: 0000000780
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RAVINWOODS FARM NE 1/4 SEC 32-10-8E LOT 55

Neighborhood

  • School District Name: Dunlap Community Unit School District 323
  • School Tax School District: C0
  • Census Tract: 003401

Geography

  • Parcel: 09/32/202/041
  • Lot: 55
  • Meridian: SEC 32 TWN 10N RNG 8E
  • Municipality: CITY OF PEORIA
  • Latitude: 40.8112
  • Longitude: -89.6069

    Address

  • Full Address: 927 W Oakview Dr
  • Address - House Number: 927
  • Street Direction: W
  • Address - Street Name: Oakview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Peoria
  • Carrier Code: C058
  • 4-Digit Zip Code: 1381
  • Zip Code: 61615

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $428,622

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Aug 03, 2022
  • Confidence Score: 66
  • Final Value: 215,351
  • High Value: 267,186
  • Low Value: 163,516

    Market Valuation

  • Market Total Value: $179,640
  • Market Land Value: $28,380
  • Market Improvement Value: $151,260

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $59,880
  • Assessed Land Value: $9,460
  • Assessed Improvements Value: $50,420

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 419
  • Previous Sale Recording Date: Mar 17, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $168,300
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Peoria

Stats & Trends

Median Asking:

$67,450

Sale Price/ft²

$47

Below Asking

0.08%

Average Days on Market

51

Average Home Size

1088 ft²

Average Home Age

90.3 years

Currently For Sale

22 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Cheryl Rabin, REALHome Services and Solutions, Inc.
Data Source: MRED, MLS# MRDQC4222526
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 927 West Oakview Drive built and last sold?
The property at 927 West Oakview Drive was built in 1956 and last sold on Dec 9, 2021 for $105,000.
How much is this home worth?
The estimated value of the home located at 927 West Oakview Drive is $0.
What are some comparable homes to 927 West Oakview Drive?
There are currently no comparable homes to 927 West Oakview Drive.
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