NOT LISTED FOR SALE

1417 Pekin St Lincoln, IL 62656

Estimated Value: $80,000 - $118,000

2 Beds
1 Bath
1,092 Sq Ft
$88/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $44,900 $41 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $634/month

46 Days on Market

About This Home

As of July 2021

--FOR SALE--1417 Pekin Street, Lincoln is ready for new owners! You can own for less than typical rent! This 2 bedroom, 1 bathroom home is located just a few steps from Lehn Fink Park on Pekin Street. This home has an unfinished basement, fenced-in yard, and a detached garage! The architectural shingles were installed in 2020, the flooring was all replaced in 2020, the entire interior was painted in 2020, new hot water heater in 2020, and bathroom updates in 2020. You aren't going to find many homes in this price range, with these major updates! Be sure to act quick, and call your Agent of choice to see 1417 Pekin Street before it's gone!

Last Agent to Sell the Property

Andrew Meister

Keller Williams Capital License #475168828 Listed on: 04/08/2021

Keller Williams Capital

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,828

Year Built

  • Built in 1897

Lot Details

  • 6,098

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,828

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: 8-2534 LOT 4 BLOCK 23 WYATT'S ADDN TO LINCOLN
  • Lvt Date: 04/08/2021
  • Year Built: 1897
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 10.2x8.8, On Level: Main, Flooring: Carpet
  • Basement Foundation: Block, Unfinished
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 13.2x11.2, On Level: Upper, Flooring: Carpet
  • Kitchen: Dimensions: 11.8x8.4, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Price Per Sq Ft: 41.12
  • Finished Sq Ft: 1092
  • Total Sq Ft: 1092
  • Finished Main Level Sq Ft: 816
  • Upper Level Finished Sq Ft: 276

Exterior Features

  • Exterior: Fiberboard
  • Road Access: Alley, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, Alley
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Estimated Lot Size: 40X150
  • Lot Description: Level
  • Subdivision: Lincoln
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1828.38
  • Parcel Id Number Tax Id: 08-260-228-00
  • Tax Year: 2020

MLS Schools

  • High School School District: Lincoln Elementary District#27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jul 12, 2021
Sold by
Lucas Joseph
Bought by
Henson Thad
Seller's Agent
Andrew Meister
Keller Williams Capital
Buyer's Agent
Seth Goodman
ME Realty
List Price
$49,900
Sold Price
$44,900
Premium/Discount to List
-$5,000
-10.02%
Current Estimated Value
$96,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,264
Avg. Annual Appreciation
18.99%
Original Mortgage
$39,000
Outstanding Balance
$35,440
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$60,724
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
Henson Thad $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henson Thad $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $44,900 -10.0% $41 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $49,900 -- $46 / 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 $1,514 $22,520 $4,100 $18,420
2023 $1,405 $20,860 $3,800 $17,060
2022 $1,331 $19,490 $3,550 $15,940
2021 $1,852 $18,710 $3,410 $15,300
2020 $1,828 $18,430 $3,360 $15,070
2019 $1,789 $18,060 $3,290 $14,770
2018 $1,776 $17,710 $3,230 $14,480
2017 $1,765 $17,710 $3,230 $14,480
2016 $1,720 $17,700 $3,230 $14,470
2015 $1,750 $17,900 $3,280 $14,620
2014 $1,750 $17,900 $3,280 $14,620
2013 $1,750 $16,990 $3,110 $13,880
2012 $1,750 $17,300 $3,170 $14,130
Source: Public Records

Agents Affiliated with this Home

  • Andrew Meister

    Seller's Agent in 2021

    Andrew Meister

    Keller Williams Capital

    (217) 306-6443

    26 in this area

    91 Total Sales

    Andrew Meister
    Section Image
  • Seth Goodman

    Buyer's Agent in 2021

    Seth Goodman

    ME Realty

    (217) 737-3742

    952 in this area

    1,879 Total Sales

    Seth Goodman
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1006162

RMLS Alliance

APN: 08-260-228-00

Illinois Logan County Lincoln 62656

1417 Pekin St, Lincoln, IL

Not Listed for Sale

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