NOT LISTED FOR SALE

1002 Sommerset St Pekin, IL 61554

North of Broadway Neighborhood

Estimated Value: $59,000 - $82,000

2 Beds
1 Bath
780 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $62,000 $79 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $525/month

Highlights

  • Ranch Style House
  • Porch
  • High Efficiency Heating System

About This Home

As of August 2022

Welcome to 1002 Sommerset! You are not going to want to miss this super cute, move in ready recently remodeled 2 Bedroom home. This home features remodeled kitchen with ceramic tile floors, newer countertops and cabinetry, formal dining area with vinyl plank flooring, spacious living room and 2 nice sized bedrooms. All of the big ticket items have been updated including high efficient furnace and A/C, breaker panel, roof and vinyl replacement windows. Endless possibilities in the full unfinished basement to add additional finished square footage. Outside offers a inviting front porch, large fenced in backyard, and more than enough room for any future garage plans.

Last Agent to Sell the Property

Ryan Deiss

Keller Williams Revolution Mac License #475145820 Listed on: 06/29/2022

Keller Williams Revolution Mac

Last Buyer's Agent

Kali Farmer

Keller Williams Revolution License #475185454

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1922

Lot Details

  • 6,578

Home Design

  • Ranch Style House

Additional Features

  • 1 Full Bathroom
  • Porch
  • High Efficiency Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,214

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: SEC 35 T25N R5W BAILEYS ADDN N 1/2 LOTS 5 & 6 & S 1/2 ADJ VACATED ALLEY BLOCK 13 NW 1/4
  • Lvt Date: 06/29/2022
  • Year Built: 1922
  • Conversion: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 11.02x8.08, On Level: Main, Flooring: Carpet
  • Basement Foundation: Full, Block, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bedroom 2: Dimensions: 11.02x8.05, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Formal Dining Room: Dimensions: 11.07x9.05, On Level: Main, Flooring: Luxury Vinyl Plank
  • Kitchen: Dimensions: 13x7.07, On Level: Main, Flooring: Tile
  • Kitchen Dining: Dining Formal
  • Laundry: On Level: Basement
  • Living Room: Dimensions: 17.06x11, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 780
  • Price Per Sq Ft: 79.49
  • Finished Sq Ft: 780
  • Total Sq Ft: 780
  • Finished Main Level Sq Ft: 780

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Porch, Shed
  • Road Access: Paved
  • Roofing: Shingles
  • Construction Type: Block, Frame

Garage/Parking

  • Garage Parking: Parking Slab

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer

Schools

  • High School: Pekin Community

Lot Info

  • Estimated Lot Size: 55X110
  • Lot Description: Level
  • Subdivision: Bailey
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1214.36
  • Parcel Id Number Tax Id: 04-04-35-142-005
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2021

MLS Schools

  • High School School District: Pekin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Dornon Braden
Bought by
Level Up Rentals Llc
Current Estimated Value
$75,254

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 10, 2022
Sold by
Ratliff Wesley D
Bought by
Dornon Braden
Seller's Agent
Ryan Deiss
Keller Williams Revolution Mac
Buyer's Agent
Kali Farmer
Keller Williams Revolution
List Price
$67,500
Sold Price
$62,000
Premium/Discount to List
-$5,500
-8.15%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$46,500
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2016
Closed on
Nov 1, 2016
Sold by
Short Dennis
Bought by
Ratliff Wesley D
Seller's Agent
Bob Short
Jim Maloof Realty, Inc.
Buyer's Agent
Troy Kerrn
Keller Williams Premier Realty
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$43,440
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2015
Closed on
Apr 13, 2016
Sold by
Deutche Bank National Trust Co
Bought by
Short Dennis
List Price
$41,400
Sold Price
$17,019
Premium/Discount to List
-$24,381
-58.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
521.27%

Purchase Details

Closed on
Nov 25, 2015
Sold by
Tazewell County Sheriff
Bought by
Duetsche Bank National Trust

Purchase Details

Closed on
Aug 12, 2005
Sold by
Cooley Karen
Bought by
Barnes Sheryl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,600
Interest Rate
9.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Level Up Rentals Llc -- --
Dornon Braden $62,000 Tilton Law Office
Ratliff Wesley D $50,000 Hometown Title
Short Dennis -- --
Duetsche Bank National Trust -- --
Barnes Sheryl J $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dornon Braden $46,500
Previous Owner Ratliff Wesley D $43,440
Previous Owner Barnes Sheryl J $62,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $62,000 -8.1% $79 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $67,500 +296.6% $87 / Sq Ft
03/26/2017 03/26/17 Off Market $17,019 -- --
11/30/2016 11/30/16 Sold $50,000 -16.5% $64 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $59,900 +252.0% $77 / Sq Ft
04/28/2016 04/28/16 Sold $17,019 -58.9% $22 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
12/17/2015 12/17/15 For Sale $41,400 -- $53 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,494 $24,020 $1,720 $22,300
2023 $1,494 $22,310 $1,600 $20,710
2022 $1,368 $20,800 $1,490 $19,310
2021 $1,214 $19,130 $1,430 $17,700
2020 $1,204 $19,130 $1,430 $17,700
2019 $1,187 $19,130 $1,430 $17,700
2018 $1,156 $19,130 $1,430 $17,700
2017 $1,121 $19,070 $1,420 $17,650
2016 $1,604 $18,710 $1,400 $17,310
2015 $1,098 $0 $0 $0
2013 $1,050 $18,880 $2,990 $15,890
Source: Public Records

Agents Affiliated with this Home

  • Ryan Deiss

    Seller's Agent in 2022

    Ryan Deiss

    Keller Williams Revolution Mac

    (309) 369-7198

    8 in this area

    252 Total Sales

    Ryan Deiss
    Section Image
  • Kali Farmer

    Buyer's Agent in 2022

    Kali Farmer

    Keller Williams Revolution

    (309) 613-8329

    6 in this area

    67 Total Sales

    Kali Farmer
    Section Image

  • B

    Seller's Agent in 2016

    Bob Short

    Jim Maloof Realty, Inc.

  • Troy Kerrn

    Buyer's Agent in 2016

    Troy Kerrn

    Keller Williams Premier Realty

    (309) 282-1552

    26 in this area

    783 Total Sales

    Troy Kerrn
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1235598

RMLS Alliance

APN: 04-04-35-142-005

Illinois Tazewell County Pekin 61554 North of Broadway

1002 Sommerset St, Pekin, IL

This home is located at 1002 Sommerset St, Pekin, IL 61554 since 29 June 2022 and is currently estimated at $75,254, approximately $96 per square foot. This property was built in 1922. 1002 Sommerset St is a home located in Tazewell County with nearby schools including Washington Intermediate School, C.B. Smith Elementary School, and Edison Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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