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2916 NE Madison Ave, Peoria, IL, 61603

$49,000

Home List Price

$582*

Closing Credit

3 Bedrooms
1 Full Bath
1,210 SqFt
$41/SqFt
House

Location

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2916 NE Madison Ave, Peoria$49,000

Buyer Closing Credits

$582*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, On Street
Year Built1920
HeatingNatural Gas, Forced Air
MLS #PA1254141
StatusActive

About 2916 NE Madison Ave

Welcome to the 3 Bedroom Home North Peoria. This charming house offers a comfortable and convenient living experience. The property has been newly remodeled, ensuring a fresh and modern atmosphere throughout. The new roof(2023) adds to the overall appeal and provides peace of mind. Off-street parking is available, making it easy for you and your guests to come and go. The front porch is a perfect spot to relax and enjoy the outdoors.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Living Area: 1,210 SqFt

Listing Office:

  • Office Name: RE/MAX Traders Unlimited
  • Office Phone: (309) 868-1117
  • Listing Agent: Amy Harris

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Basement: No
  • Interior: Cable Available

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Attached Garage: No
  • Parking: Detached, On Street

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Peoria High School, Public District Grades 9-12
  • Glen Oak Community Learning Center, Public District Grades KG-6

Other

Directions Information:

  • Directions: NE ADAMS, FAIRHOLM, L ON MADISON

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,000
  • Price Per SqFt: $41/SqFt

Tax Information:

  • Annual Amount: $433
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Peoria, IL.

Med. Sold Price

$134K

Med. Price/SqFt

$86

Avg. Days On Market

20

# of Sold Homes

136

2916 NE Madison Ave vs Peoria

6 DAYS ON ROCKET

-14 Days

$49,000

-$85K Less

$41/SqFt

-$45 Less

KEY TAKEAWAY

This property is $85K less than the Median Sold Price and $45/SqFt less than other homes in Peoria, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #PA1254141

Listing Office:

  • Office Name: RE/MAX Traders Unlimited
  • Office Phone: (309) 868-1117
  • Listing Agent: Amy Harris

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 15, 2018Home Sold
$11,000
Aug 05, 2011Home Sold
$10,500
Feb 05, 2007Home Sold
$30,000
Dec 04, 2002Home Sold
$16,500
Jan 12, 1998Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2020$433$4,320
2019$439$4,410
2018$478$4,910
2017$478$4,960

History based on county public records data.

Payment Calculator

$312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$213

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-871331
2
/10
  • Glen Oak Community Learning Center

  • 2100 North Wisconsin Ave

  • 1.23 miles

  • Public District Grades KG-6

High School

school-card-donut-871332
2
/10
  • Peoria High School

  • 1615 N North St

  • 2.10 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,286. Typical income of Peoria, IL residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2916 NE Madison Ave

What is the listing price of this property?

The listing price of 2916 NE Madison Ave property is $49,000.

What type of property is this?

The property 2916 NE Madison Ave is a house located in Peoria, Illinois, 61603.

Is this property for sale now?

Active Listing: 2916 NE Madison Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2916 NE Madison Ave are:
Glen Oak Community Learning Center: GreatSchools Rating 2/10
Peoria High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $433 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 15, 2018 for $11,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2916 NE Madison Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2916 NE Madison Ave is 1,210 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2916 NE Madison Ave is 1920.

Rocket Homes›Illinois›Peoria County›Peoria›61603›2916 NE Madison Ave

This home is located at 2916 NE Madison Ave in Peoria, IL and zip code 61603 in the North Valley neighborhood. This 1,210 square foot home was built in 1920. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $49,000.

Peoria, IL housing market in September 2024 saw over 33 listings sold above listed price, more than 27 sold at listed price and over 76 sold below. The number of homes for sale in Peoria, IL decreased by 5% between August 2024 and September 2024. The median list price of listings available in September 2024 was $134,000, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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