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2721 Parkwood Dr

Peoria, IL 61614

3 bd 2 ba 1,940 sqft Built 1959 Lot 13,939 sqft single_family
Most recent sale
$231,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Listing removed $199,500 RMLSAlliance
May 19, 2022 Sold $231,000 Public Record
Apr 7, 2022 Listed $215,000 MLS #PA1232921
Jul 24, 2021 Price changed $199,500 MLS #PA1227098
Jul 21, 2021 Listed $209,000 MLS #PA1227098
Jun 18, 2018 Sold $681,000 Public Record
Mar 27, 2018 Listed $159,900 MLS #1192685

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $59,780 $10,140 $69,920 $5,781
2022 $49,440 $8,650 $58,090 $4,542
2021 $42,170 $8,230 $50,400 $3,916
2020 $41,750 $8,150 $49,900 $4,399
2019 $42,600 $8,320 $50,920 $4,475
2018 $37,410 $8,340 $45,750 $3,384
2017 $37,790 $8,420 $46,210 $3,876
2016 $37,790 $8,420 $46,210 $4,016
2015 $37,050 $8,250 $45,300 $3,883
2014 $37,220 $7,830 $45,050 $3,595
2013 $37,670 $7,930 $45,600 $3,602
2012 $38,680 $8,140 $46,820 $3,656
2011 $39,590 $8,330 $47,920 $3,709
2010 $39,290 $8,230 $47,520 $3,649
2009 $39,130 $8,200 $47,330 $3,618
2008 $38,360 $8,040 $46,400 $3,438
2007 $44,840 $3,278
2006 $38,040 $7,780 $45,820 $3,412

Property facts

Year built
1959
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,940 sqft
Lot size
13,939 sqft
ZIP code
61614
City
Peoria
Street
Parkwood Dr
Coordinates
40.76697, -89.63539

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,386
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2721 Parkwood Dr last sell?
2721 Parkwood Dr most recently sold on May 19, 2022 for $231,000.
What is the current tax assessment for 2721 Parkwood Dr?
The most recent total assessment for 2721 Parkwood Dr (year 2024) is $69,920 with $5,781 in property tax.
How does 2721 Parkwood Dr's assessment compare to its last sale price?
The current assessment is 69.7% below the last sale price of $231,000.
When was 2721 Parkwood Dr built?
2721 Parkwood Dr was built in 1959.
How does 2721 Parkwood Dr compare to others on Parkwood Dr?
We track 8 other properties on Parkwood Dr. Browse the list under "Other properties on Parkwood Dr" to compare beds, baths, and sale history.
What are the property facts for 2721 Parkwood Dr?
2721 Parkwood Dr is a 3 bed, 2 bath, 1,940 sqft, 13,939 sqft lot single_family.
Is 2721 Parkwood Dr a flip candidate?
No — 2721 Parkwood Dr does not appear in our flips dataset.
Is 2721 Parkwood Dr a tax-appeal candidate?
No — 2721 Parkwood Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$249.3K
2026 Q4
$252.3K
ZIP 61614 — Median Price History + Forecast

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