NOT LISTED FOR SALE

Estimated Value: $97,000

3 Beds
2 Baths
1,177 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $40,000 $34 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $604/month

318 Days on Market

About This Home

As of December 2016

Great investment opportunity with this brick duplex. One 1-BR unit and one 2-BR unit – 2 BR currently rented. New porcelain tile floors in 2015.

Last Agent to Sell the Property

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786 Listed on: 01/08/2016

Jim Maloof Realty, Inc.

Last Buyer's Agent

Debbie Gilliland

Century 21 Lincoln National Re License #475137175

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 1947

Lot Details

  • 5,489

Home Design

  • Duplex
  • Slab Foundation

Schools

  • Pekin Community High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric only, garbage collection, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,989

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Pekin Gardens Addn Lot 3 Blk 22
  • Lvt Date: 01/08/2016
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Slab
  • Price Per Sq Ft: 33.98
  • Total Sq Ft: 1177

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Baseboard, Electric, Water Heater - Electric
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Pekin Community

Lot Info

  • Estimated Lot Size: 50 x 110
  • Lot Description: Level
  • Subdivision: Pekin Gardens
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Electric Only, Garbage Collection, Sewer
  • Gross Annual Rent Income: 11400
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 1989.32
  • Parcel Id Number Tax Id: 04-10-02-325-003
  • Tax Year: 2014

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 11400
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Larimore L Ivan L and Larimore Stephanie A
Bought by
Hedrick Jeffery W and Hedrick Tammy L
Current Estimated Value
$97,000

Purchase Details

Closed on
Sep 29, 2023
Sold by
Professional Real Estate Buyers Llc
Bought by
Larimore L Ivan L and Larimore Stephanie A

Purchase Details

Listed on
Jan 8, 2016
Closed on
Dec 27, 2016
Sold by
Clutter John M
Bought by
Professional Real Estates
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Debbie Gilliland
Century 21 Lincoln National Re
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$30,977
Interest Rate
4.25%
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

Date Buyer Sale Price Title Company
Hedrick Jeffery W -- Opinion Of Title
Larimore L Ivan L -- Opinion Of Title
Professional Real Estates $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Professional Real Estates $30,977
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $40,000 -20.0% $34 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $50,000 -- $42 / 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
2023 $257 $2,800 $2,800 --
2022 $241 $2,610 $2,610 $0
2021 $1,471 $15,910 $2,510 $13,400
2020 $1,458 $15,910 $2,510 $13,400
2019 $1,438 $15,910 $2,510 $13,400
2018 $1,401 $15,910 $2,510 $13,400
2017 $1,254 $14,620 $2,510 $12,110
2016 $1,624 $18,950 $2,470 $16,480
2015 $1,989 $0 $0 $0
2013 $1,783 $21,450 $2,420 $19,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1169801

RMLS Alliance

APN: 04-10-02-325-003