NOT LISTED FOR SALE

1308 Chestnut St Pekin, IL 61554

North of Broadway Neighborhood

Estimated Value: $134,000 - $154,000

3 Beds
2 Baths
1,581 Sq Ft
$93/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $105,000 $66 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,110/month

49 Days on Market

About This Home

As of June 2021

Great opportunity to own side-by-side duplex. Rented unit is a 2BD 1BA. Vacant unit is 1BD 1BA. 2019 updates for both units include: roof tear off and replacement, HVAC, flooring, and paint.

Last Agent to Sell the Property

Derek Wiseman

eXp Realty License #475176620 Listed on: 03/23/2021

eXp Realty

Last Buyer's Agent

Mary Davis

Gallery Homes Real Estate License #475159029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1958

Lot Details

  • 7,405

Home Design

  • Duplex

Schools

  • Pekin Community High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,416

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: SEC 35 T25N R5W BUSHS SUBD #6 W 10 FT OF LOT 137 AND ALL LOT 136 NE 1/4
  • Lvt Date: 03/24/2021
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Price Per Sq Ft: 66.41
  • Total Sq Ft: 1581

Exterior Features

  • Exterior: Brick
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, On-Street Parking
  • Number Parking Spaces: 1

Utilities

  • Heating Cooling: Electric, Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 60
  • Garbage Collection Exp: 60
  • Gas Expense: 60
  • Laundry Facilities: Common
  • Water Sewer Expenses: 60

Schools

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

Lot Info

  • Estimated Lot Size: 70x105
  • Estimated Number of Acres: 0.17
  • Lot Description: Level
  • Subdivision: Bush
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 16200
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 1416.2
  • Parcel Id Number Tax Id: 04-04-35-213-004
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 16200
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jun 29, 2021
Sold by
Garlisch Scott and Henderson Ryan
Bought by
Wears David
Seller's Agent
Derek Wiseman
eXp Realty
Buyer's Agent
Mary Davis
Gallery Homes Real Estate
List Price
$127,900
Sold Price
$105,000
Premium/Discount to List
-$22,900
-17.9%
Current Estimated Value
$146,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,968
Avg. Annual Appreciation
8.61%
Original Mortgage
$78,750
Outstanding Balance
$72,223
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$74,745

Purchase Details

Closed on
Nov 19, 2018
Sold by
Tazewell County Sheriff
Bought by
Henderson Ryan and Garlisch Scott
Source: Public Records

Range of Values:

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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
Wears David $105,000 Attorney
Henderson Ryan $47,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wears David $78,750
Previous Owner Clift Danny G $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $105,000 -15.9% $66 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $124,900 -2.3% $79 / Sq Ft
03/23/2021 03/23/21 For Sale $127,900 -- $81 / 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 $3,582 $42,110 $6,270 $35,840
2023 $3,582 $39,100 $5,820 $33,280
2022 $3,369 $36,460 $5,430 $31,030
2021 $1,449 $15,670 $5,220 $10,450
2020 $1,436 $15,670 $5,220 $10,450
2019 $1,416 $15,670 $5,220 $10,450
2018 $2,571 $40,190 $5,220 $34,970
2017 $2,507 $40,230 $5,220 $35,010
2016 $2,448 $39,440 $5,120 $34,320
2015 $2,153 $0 $0 $0
2013 $2,107 $40,110 $5,120 $34,990
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Derek Wiseman

    eXp Realty

    Section Image
  • Mary Davis

    Buyer's Agent in 2021

    Mary Davis

    Gallery Homes Real Estate

    (309) 453-4334

    4 in this area

    413 Total Sales

    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1223295

RMLS Alliance

APN: 04-04-35-213-004

Illinois Tazewell County Pekin 61554 North of Broadway

1308 Chestnut St, Pekin, IL

This home is located at 1308 Chestnut St, Pekin, IL 61554 since 23 March 2021 and is currently estimated at $146,968, approximately $92 per square foot. This property was built in 1958. 1308 Chestnut St is a home located in Tazewell County with nearby schools including C.B. Smith Elementary School, Washington Intermediate 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.

RMLS Alliance 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.

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