NOT LISTED FOR SALE

1301 Royal Ave Pekin, IL 61554

South of Broadway Neighborhood

Estimated Value: $82,000 - $94,083

2 Beds
1 Bath
959 Sq Ft
$90/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $70,000 $73 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $543/month

2 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Central Heating
  • Corner Lot
  • 1 Car Detached Garage
  • 4-minute walk to Pekin Park

About This Home

As of February 2024

Location Location Location. This little gem is just a block from Mineral Springs Park and super conveniently located near the Pekin Hospital, shopping and restaurants. It has a well maintained corner lot and and an adorable front porch. The previous owner moved the laundry to the primary bedroom for convenience. This is a "must see" home with loads of potential. Take a look today and see if you will be saying "yes" to this address.

Last Agent to Sell the Property

Tracey Gerard

Signature Heights Realty, LLC Brokerage Email: traceygerard40@gmail.com License #471.019374 Listed on: 01/04/2024

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate License #471.018071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 60x108
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 959 Sq Ft Home
  • Formal Dining Room
  • Oven or Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Pekin Community High School

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • East Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-10-02-205-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$987

Year Built

Built in 1912

Lot Details

6,534 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1912
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: traceygerard40@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 959
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Aluminum Siding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Gas, Gas Water Heater, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Schools

  • High School: Pekin Community

Lot Info

  • Lot Size: 60x108
  • Parcel #: 04-10-02-205-007

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 986.92
  • TaxExemptions: Homestead/Owner Occupied,Senior Freeze,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 16, 2024
Sold by
Meyers Kimberly A and Kells Keith W
Bought by
Lalk Pamela G
Seller's Agent
Tracey Gerard
Signature Heights Realty, LLC
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%
Views
21
Current Estimated Value
$86,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,271
Avg. Annual Appreciation
10.36%
Original Mortgage
$56,000
Outstanding Balance
$54,900
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$31,371

Purchase Details

Closed on
Aug 19, 2005
Sold by
Agee Jerry P
Bought by
Wells Keith W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
5.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lalk Pamela G $70,000 None Listed On Document
Wells Keith W $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lalk Pamela G $56,000
Previous Owner Wells Keith W $51,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2024 02/05/24 Sold $70,000 +0.1% $73 / Sq Ft
01/04/2024 01/04/24 For Sale $69,900 -- $73 / Sq Ft
Source: RMLS Alliance

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 $978 $26,920 $4,000 $22,920
2023 $978 $24,990 $3,710 $21,280
2022 $987 $23,300 $3,460 $19,840
2021 $988 $22,410 $3,330 $19,080
2020 $979 $22,410 $3,330 $19,080
2019 $965 $22,410 $3,330 $19,080
2018 $941 $22,410 $3,330 $19,080
2017 $916 $22,490 $3,320 $19,170
2016 $907 $22,050 $3,260 $18,790
2015 $890 $0 $0 $0
2013 $871 $22,050 $3,260 $18,790
Source: Public Records

Agents Affiliated with this Home

  • Tracey Gerard

    Seller's Agent in 2024

    Tracey Gerard

    Signature Heights Realty, LLC

    (309) 241-2322

    33 in this area

    173 Total Sales

    Tracey Gerard
    Section Image
  • Adam Merrick

    Buyer's Agent in 2024

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    207 in this area

    3,985 Total Sales

    Adam Merrick
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1247532

RMLS Alliance

APN: 04-10-02-205-007

Illinois Tazewell County Pekin 61554 South of Broadway

1301 Royal Ave, Pekin, IL

Not Listed for Sale

Detached

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RMLS Alliance Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Based on information submitted to the MLS GRID

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