NOT LISTED FOR SALE

1220 Royal Ave Pekin, IL 61554

South of Broadway Neighborhood

Estimated Value: $97,000 - $126,162

2 Beds
1 Bath
1,312 Sq Ft
$85/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $53,750 $41 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $792/month

Highlights

  • Fenced Yard
  • Bungalow
  • 4-minute walk to Pekin Park
  • Patio
  • Garage

About This Home

As of November 2014

Nice 2 bedroom home with fresh paint & new carpet in the fire placed living. All information is estimated & or taken from tax records.Seller’s name is Secretary of Veterans Affairs. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions. Property was built prior to 1978 and lead based paint may potentially exist.

Last Agent to Sell the Property

Merle Ice

American Veteran Realty LLC License #471.019434 Listed on: 09/04/2014

Last Buyer's Agent

Merle Ice

American Veteran Realty LLC License #471.019434 Listed on: 09/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,891

Year Built

  • Built in 1902

Lot Details

  • 6,229

Parking

  • Garage

Home Design

  • Bungalow

Additional Features

  • 1 Full Bathroom
  • Patio
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,891

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: SEC 2 T24N R5W EAST ADDN LOT 8 NE 1/4
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning, Living Room
  • Number Fireplaces: 1
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 13x12
  • Basement Foundation: Partial
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11x10
  • Kitchen: Dimensions: 13x11, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: On Level: Main
  • Living Room: Dimensions: 22x14, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 1096
  • Price Per Sq Ft: 40.97
  • Finished Sq Ft: 1312
  • Total Sq Ft: 1312
  • Finished Main Level Sq Ft: 1312

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Fenced Yard, Patio
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

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

Lot Info

  • Estimated Lot Size: 104x60
  • Lot Description: Level
  • Subdivision: East
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1891.2
  • Parcel Id Number Tax Id: 04-10-02-207-008
  • Tax Year: 2013

MLS Schools

  • High School School District: Pekin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2014
Sold by
Tazewell County Sheriff
Bought by
Va
Current Estimated Value
$112,041

Purchase Details

Closed on
Nov 14, 2008
Sold by
Custer Lester
Bought by
Duncan Bobby R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,297
Interest Rate
6.09%
Mortgage Type
VA

Purchase Details

Closed on
Nov 26, 2007
Sold by
Hud
Bought by
Custer Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6.47%
Mortgage Type
Construction

Purchase Details

Closed on
May 10, 2007
Sold by
Merritt Randall L
Bought by
Hud

Purchase Details

Closed on
Mar 9, 2005
Sold by
Lynne Michele D
Bought by
Merritt Ii Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,516
Interest Rate
5.67%
Mortgage Type
FHA
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
Va -- --
Duncan Bobby R $108,000 None Available
Custer Lester -- Lakeside Title & Escrow Agen
Hud $82,547 None Available
Merritt Ii Randall L $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duncan Bobby R $101,297
Previous Owner Custer Lester $55,500
Previous Owner Merritt Ii Randall L $75,516
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2014 11/25/14 Sold $53,750 -0.5% $41 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $54,000 -- $41 / 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 $2,467 $35,470 $4,000 $31,470
2023 $2,467 $32,930 $3,710 $29,220
2022 $2,283 $30,710 $3,460 $27,250
2021 $2,176 $29,530 $3,330 $26,200
2020 $2,157 $29,530 $3,330 $26,200
2019 $2,127 $29,530 $3,330 $26,200
2018 $2,072 $29,530 $3,330 $26,200
2017 $2,037 $29,750 $3,320 $26,430
2016 $1,992 $29,170 $3,260 $25,910
2015 $1,930 $0 $0 $0
2013 $1,889 $29,170 $3,260 $25,910
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Merle Ice

    American Veteran Realty LLC

    (309) 360-2440

    4 in this area

    74 Total Sales

    Merle Ice
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Map

Source: RMLS Alliance

MLS Number: RMAPA1156026

RMLS Alliance

APN: 04-10-02-207-008

Illinois Tazewell County Pekin 61554 South of Broadway

1220 Royal Ave, Pekin, IL

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