NOT LISTED FOR SALE

Estimated Value: $147,000 - $188,000

7 Beds
4 Baths
107,610 Sq Ft
$2/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2015

Last sale price $5,970,000 $55 Per Sq Ft

Current estimated payment $1,086 / mo

338 Days on Market

About This Home

As of May 2015

85 Single Family Homes! 43 3-bedroom homes and 42-2 bedroom homes, each on their own lot and each with their own Property ID Number. Typical City of Pekin Restrictions. Open floor plan, fully applianced kitchens, on a slab. Each comes with an attached garage and nice lot, some of which are fenced. Rankin K-8 and Pekin High School. Conveniently located just off S. 14th Street and the ring road to Rt 9 and Rt 29.

Last Agent to Sell the Property

Denise Adams

Keller Williams Revolution License #475102180 Listed on: 04/09/2014

Keller Williams Revolution

Co-Listed By

Teresa Rynerson

RE/MAX Traders Unlimited License #471.002624

Last Buyer's Agent

Mark Wagner

Professional Leasing & Real Es License #471.004739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $159,373

Year Built

  • Built in 1993

Lot Details

  • 19

Home Design

  • Slab Foundation

Schools

  • Rankin Elementary School
  • Pekin Community High School

Additional Features

  • 1-Story Property
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$159,373

Year Built

Built in 1993

Lot Details

19 Acres

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: Call for details
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Slab
  • Price Per Sq Ft: 55.48
  • Total Sq Ft: 107610

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 85

Utilities

  • Heating Cooling: Electric
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Rankin
  • High School: Pekin Community

Lot Info

  • Estimated Lot Size: 19 acres
  • Estimated Number of Acres: 19
  • Lot Description: Level
  • Subdivision: Sun Valley
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 1196580
  • Management Expense: 55639

Tax Info

  • Annual Taxes: 159373.3
  • Parcel Id Number Tax Id: Ask for list of ID's
  • Tax Year: 2014

Multi Family

  • Total Number Units: 85
  • Gross Annual Income: 1112789
  • Total Number Central Air Units: 85
  • Total Number Electric Meters: 85
  • Total Number Gas Meters: 85
  • Total Number Heating Units: 85
  • Total Number Water Heaters: 85
  • Total Number Water Meters: 85

MLS Schools

  • Middle School: Rankin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Bought by
Current Estimated Value
$163,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,125,000
Outstanding Balance
$6,098,193
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
-$5,934,372

Purchase Details

Listed on
Apr 9, 2014
Closed on
May 15, 2015
Sold by
Bought by
Seller's Agent
Denise Adams
Keller Williams Revolution
Buyer's Agent
Mark Wagner
Professional Leasing & Real Es
List Price
$7,225,000
Sold Price
$5,970,000
Premium/Discount to List
-$1,255,000
-17.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.61%
Original Mortgage
$4,960,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$12,400,000 Jane E Ohaver Pc
$5,970,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $8,125,000
Previous Owner $4,960,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $5,970,000 -17.4% $55 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
04/09/2014 04/09/14 For Sale $7,225,000 -- $67 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,484 $28,450 $5,450 $23,000
2024 $2,383 $26,300 $5,040 $21,260
2023 $2,383 $24,490 $4,690 $19,800
2022 $2,214 $22,260 $4,260 $18,000
2021 $2,133 $21,410 $4,100 $17,310
2020 $2,100 $21,410 $4,100 $17,310
2019 $2,064 $21,410 $4,100 $17,310
2018 $2,053 $21,410 $4,100 $17,310
2017 $2,004 $20,990 $4,020 $16,970
2016 $1,967 $20,990 $4,020 $16,970
2015 -- $0 $0 $0
2013 $1,845 $20,990 $4,020 $16,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1166225

RMLS Alliance

APN: 10-10-11-408-013

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