NOT LISTED FOR SALE

1015 Market St Unit 3 Pekin, IL 61554

North of Broadway Neighborhood

Estimated Value: $72,000 - $86,000

8 Beds
3 Baths
2,922 Sq Ft
$27/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $48,000 $16 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $561/month

73 Days on Market

About This Home

As of May 2017

WOW! INVESTORS: HERE IT IS!! GRM 2.6!!! SEPARATE UTILITIES, BUT WATER BILL FOR 2 APTS. ARE PAID BY LANDLORD. NO APPLIANCES IN THE HOUSE. WHAT A GREAT BUY!!

Last Agent to Sell the Property

Mary Ann Ladendorf

RE/MAX Traders Unlimited License #475099545 Listed on: 02/17/2017

Last Buyer's Agent

Mary Ann Ladendorf

RE/MAX Traders Unlimited License #475099545 Listed on: 02/17/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1917

Lot Details

  • 6,447

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Pekin Community High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,900

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: SEC 35 T25N R5W CAMPBELL DURLEY & NEWHALLS ADDN LO
  • Lvt Date: 02/20/2017
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 16.43
  • Total Sq Ft: 2922

Exterior Features

  • Exterior: Vinyl Siding, Wood Siding
  • Roofing: Composition Rolled

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Private, No Laundry Equipment

Schools

  • High School: Pekin Community
  • High School: Pekin Community

Lot Info

  • Estimated Lot Size: 60X106
  • Lot Description: Level
  • Subdivision: Campbell & Durley
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 22260

Tax Info

  • Annual Taxes: 1900.04
  • Parcel Id Number Tax Id: 04-04-35-362-011
  • Tax Year: 2016

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 22260
  • Total Number Central Air Units: 3
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
May 30, 2017
Sold by
Welker Joshua P
Bought by
Anderson Terah N
Seller's Agent
Mary Ann Ladendorf
RE/MAX Traders Unlimited
Buyer's Agent
Mary Ann Ladendorf
RE/MAX Traders Unlimited
List Price
$67,900
Sold Price
$48,000
Premium/Discount to List
-$19,900
-29.31%
Current Estimated Value
$77,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,571
Avg. Annual Appreciation
5.93%
Original Mortgage
$41,308
Outstanding Balance
$34,395
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$43,176

Purchase Details

Closed on
Dec 18, 2007
Sold by
Amedeo Llc
Bought by
Welker Joshua P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,084
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2007
Sold by
Albrecht Kurt F
Bought by
Amedeo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,084
Interest Rate
6.3%
Mortgage Type
Commercial
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
Anderson Terah N $48,000 First Community Title
Welker Joshua P $79,000 First Community Title Svcs
Amedeo Llc $184,000 First Community Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Terah N $41,308
Previous Owner Welker Joshua P $65,084
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $48,000 -29.3% $16 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $67,900 -- $23 / 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 $1,798 $21,130 $4,000 $17,130
2023 $1,798 $19,620 $3,710 $15,910
2022 $1,691 $18,300 $3,460 $14,840
2021 $1,480 $16,000 $3,320 $12,680
2020 $1,467 $16,000 $3,320 $12,680
2019 $1,446 $16,000 $3,320 $12,680
2018 $1,409 $16,000 $3,320 $12,680
2017 $1,372 $16,000 $3,320 $12,680
2016 $1,900 $22,160 $3,260 $18,900
2015 $1,892 $0 $0 $0
2013 $2,078 $25,490 $3,260 $22,230
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Ann Ladendorf

    RE/MAX

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAPA1181056

RMLS Alliance

APN: 04-04-35-362-011

Illinois Tazewell County Pekin 61554 North of Broadway

1015 Market St Unit 3, Pekin, IL

This home is located at 1015 Market St Unit 3, Pekin, IL 61554 since 17 February 2017 and is currently estimated at $77,571, approximately $26 per square foot. This property was built in 1917. 1015 Market St Unit 3 is a home located in Tazewell County with nearby schools including Washington Intermediate School, Willow 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.

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