NOT LISTED FOR SALE

1005 Summer St Pekin, IL 61554

South of Broadway Neighborhood

Estimated Value: $118,000 - $240,000

-- Bed
3 Baths
2,611 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $108,000 $41 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,099/month

133 Days on Market

Highlights

  • 4 Car Detached Garage
  • Fenced
  • Wood Siding
  • Forced Air Heating System
  • Level Lot

About This Home

As of September 2023

Amazing rental property with 3 units on same lot making it easy to manage! front main house is separate and has its own garage and rear deck. rear two units each have their own parking space and entry.

Last Agent to Sell the Property

Adam Medina

Keller Williams Premier Realty License #475183053 Listed on: 04/04/2023

Keller Williams Premier Realty

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate License #471018071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,037

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 53x247
  • Fenced
  • Level Lot

Home Design

  • Brick Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,611 Sq Ft Home
  • Partially Finished Basement
  • Partial Basement

Parking

  • 4 Car Detached Garage
  • On-Street Parking

Schools

  • Pekin Community High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System

Community Details

  • Kelch & Cunningham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-10-03-228-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,037

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • New Construction: No
  • Structure Type: Triplex
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Partial, Partially Finished

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Wood Siding
  • Exterior Features: Fence
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached, On Street
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Central Air, Window Unit(s)
  • Laundry Features: Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 2

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Pekin Community

Lot Info

  • Lot Size: 53x247
  • Parcel #: 04-10-03-228-030

Rental Info

  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3037.28
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Sep 11, 2023
Sold by
Allison Colin W and Allison Sharon D
Bought by
Mahring Randall Scott
Seller's Agent
Adam Medina
Keller Williams Premier Realty
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$124,900
Sold Price
$108,000
Premium/Discount to List
-$16,900
-13.53%
Views
555
Current Estimated Value
$154,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,907
Avg. Annual Appreciation
16.82%

Purchase Details

Closed on
Apr 9, 2009
Sold by
Setler Roger L and Perlman Setler Ilene C
Bought by
Allison Colin W and Allison Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mahring Randall Scott $108,000 River City Title
Allison Colin W $125,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allison Colin W $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $108,000 -6.0% $41 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $114,900 -8.0% $44 / Sq Ft
04/06/2023 04/06/23 For Sale $124,900 -- $48 / 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 $3,464 $47,180 $4,280 $42,900
2023 $3,464 $43,810 $3,970 $39,840
2022 $3,220 $40,850 $3,700 $37,150
2021 $3,037 $38,840 $3,560 $35,280
2020 $3,010 $38,840 $3,560 $35,280
2019 $2,968 $38,840 $3,560 $35,280
2018 $2,892 $38,840 $3,560 $35,280
2017 $2,811 $38,770 $3,560 $35,210
2016 $2,749 $38,000 $3,490 $34,510
2015 $2,917 $0 $0 $0
2013 $2,821 $40,600 $3,200 $37,400
Source: Public Records

Agents Affiliated with this Home

  • Adam Medina

    Seller's Agent in 2023

    Adam Medina

    Keller Williams Premier Realty

    (309) 453-2809

    4 in this area

    116 Total Sales

    Adam Medina
    Section Image
  • Adam Merrick

    Buyer's Agent in 2023

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    208 in this area

    4,087 Total Sales

    Adam Merrick
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1241525

RMLS Alliance

APN: 04-10-03-228-030

Illinois Tazewell County Pekin 61554 South of Broadway

1005 Summer St, Pekin, IL

Not Listed for Sale

MultiFamily

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.

Nearby Homes