NOT LISTED FOR SALE

1403 Sommerset St Pekin, IL 61554

North of Broadway Neighborhood

Estimated Value: $68,000 - $88,000

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

Last Sold February 19, 2021

Last sale price $59,000 $68 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $519/month

Highlights

  • Fenced Yard
  • Bungalow
  • Garage
  • Patio
  • Ceiling Fan

About This Home

As of February 2021

Motivated Seller! Very affordable home with many updates. New roof and mostly new fencing around back yard in 2014. New siding, blown in insulation in attic in 2008. Breaker box was updated in 2007. So many things for you to fall in love with on this 2 bed, 1 bath home including arches, built in's, whole house fan, claw foot tub, options of main floor laundry or basement laundry, your choice! Spacious, insulated detached 2 car garage. Bonus toilet and sink in basement. Attic offers additional space for new owners to finish off and the carpeted basement offers potential too. This home is priced to sell and is being sold "as-is". Schedule your appointment to see it today!

Last Agent to Sell the Property

Kerry Bryant

RE/MAX Traders Unlimited License #471020272 Listed on: 09/28/2020

RE/MAX Traders Unlimited

Last Buyer's Agent

Bonni Reece

Jim Maloof Realty, Inc. License #475119841

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $979

Year Built

  • Built in 1937

Lot Details

  • 3,267

Parking

  • Garage

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Blinds

Additional Features

  • Patio
  • Fenced Yard
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$979

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: SEC 34 T25N R5W ORIGINAL TOWN 50' ON N 2ND 40' ON SOMMERSET AND PT LOT 2 & 3 (SECOND BLOCK) BLOCK 23
  • Lvt Date: 09/28/2020
  • Year Built: 1937
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable Tv Available, Blinds, Ceiling Fan
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 9.07x11, On Level: Main, Flooring: Carpet
  • Basement Foundation: Block, Partial
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 9.03x11, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Informal Dining Room: Dimensions: 12.02x11.08, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 9.07x8.09, On Level: Main, Flooring: Other
  • Kitchen Dining: Dining Informal
  • Laundry: Dimensions: 12.07x6.07, On Level: Main, Flooring: Tile
  • Living Room: Dimensions: 11.07x11.07, On Level: Main, Flooring: Hardwood
  • Total Basement Sq Ft: 768
  • Price Per Sq Ft: 68.13
  • Finished Sq Ft: 866
  • Total Sq Ft: 866
  • Finished Main Level Sq Ft: 866

Exterior Features

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

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water
  • Utility Companies: Ameren

Schools

  • High School: Pekin Community

Lot Info

  • Estimated Lot Size: 45 x 73
  • Lot Description: Level
  • Subdivision: Original Town Pekin
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 978.78
  • Parcel Id Number Tax Id: 04-04-34-210-002
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2019

MLS Schools

  • High School School District: Pekin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Feb 19, 2021
Sold by
Reed Condace R
Bought by
Ritchie Netita J
Seller's Agent
Kerry Bryant
RE/MAX Traders Unlimited
Buyer's Agent
Bonni Reece
Jim Maloof Realty, Inc.
List Price
$75,000
Sold Price
$59,000
Premium/Discount to List
-$16,000
-21.33%
Current Estimated Value
$77,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,912
Avg. Annual Appreciation
6.15%
Original Mortgage
$50,950
Outstanding Balance
$45,530
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$32,382
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
Ritchie Netita J $59,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritchie Netita J $50,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $59,000 -1.5% $68 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/25/2021 01/25/21 Price Changed $59,900 -7.7% $69 / Sq Ft
12/18/2020 12/18/20 Price Changed $64,900 -7.2% $75 / Sq Ft
10/30/2020 10/30/20 Price Changed $69,900 -6.8% $81 / Sq Ft
09/28/2020 09/28/20 For Sale $75,000 -- $87 / 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 $1,267 $21,350 $1,410 $19,940
2023 $1,267 $19,830 $1,310 $18,520
2022 $1,154 $18,490 $1,220 $17,270
2021 $1,025 $17,080 $1,170 $15,910
2020 $993 $16,830 $1,170 $15,660
2019 $979 $16,830 $1,170 $15,660
2018 $954 $16,830 $1,170 $15,660
2017 $931 $16,860 $1,170 $15,690
2016 $908 $16,530 $1,150 $15,380
2015 $909 $0 $0 $0
2013 $946 $17,600 $2,220 $15,380
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kerry Bryant

    RE/MAX

    Section Image

  • B

    Buyer's Agent in 2021

    Bonni Reece

    Jim Maloof Realty, Inc.

    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1219249

RMLS Alliance

APN: 04-04-34-210-002

Illinois Tazewell County Pekin 61554 North of Broadway

1403 Sommerset St, Pekin, IL

This home is located at 1403 Sommerset St, Pekin, IL 61554 since 28 September 2020 and is currently estimated at $77,912, approximately $89 per square foot. This property was built in 1937. 1403 Sommerset 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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