NOT LISTED FOR SALE

1501 Stout St Pekin, IL 61554

South of Broadway Neighborhood

Estimated Value: $95,000 - $127,000

3 Beds
1 Bath
944 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $108,250 $115 Per Sq Ft

Current estimated payment $663/month

109 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Patio
  • No HOA
  • Eat-In Kitchen
  • Shed

About This Home

As of August 2023

BACK ON THE MARKET DUE TO BUYER FINANCING - Welcome home to this updated 3 BR ranch! 2 main level bedrooms with oversized closets. Updated kitchen/appliances, built-ins that offer extra storage! New bath (2022) Basement offers a large utility/storage with shelving. Newer carpet in basement bedroom. Additional space for whatever you choose! Enjoy the fenced in backyard with oversized shed, patio and plenty of yard for entertaining! Furnace and Central Air new in (2021)

Last Agent to Sell the Property

Lisa Inman

Move Smart Realty License #471022023 Listed on: 03/28/2023

Last Buyer's Agent

Aaron Cody

RE/MAX Traders Unlimited License #471021118

RE/MAX Traders Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $597

Year Built

  • Built in 1938

Lot Details

  • Lot Dimensions are 50 x 165
  • Fenced Yard
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 944 Sq Ft Home
  • Whole House Fan
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Sump Pump
  • Crawl Space

Parking

  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • Pekin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Schaeferville Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 10-10-11-208-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$597

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1938
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Hood/Fan, Range/Oven, Refrigerator
  • Basement: Crawl Space, Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Cable Available, Ceiling Fan(s), High Speed Internet
  • Living Area: 944
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Fenced Yard, Patio, Shed(s)
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: Unknown
  • Conversion: 0

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street, Paved

Utilities

  • Heating: Central Air, Forced Air, Gas, Gas Water Heater, Whole House Fan
  • Water Source: Ejector Pump, Public, Septic System, Sump Pump
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Pekin Community

Lot Info

  • Lot Size: 50 x 165
  • Parcel #: 10-10-11-208-055
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 596.7
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Aug 17, 2023
Sold by
Schurman Michael B and Schurman Victoria S
Bought by
Way Connie
Seller's Agent
Lisa Inman
Move Smart Realty
Buyer's Agent
Aaron Cody
RE/MAX Traders Unlimited
List Price
$108,000
Sold Price
$108,250
Premium/Discount to List
$250
0.23%
Views
430
Current Estimated Value
$108,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$245
Avg. Annual Appreciation
0.37%
Original Mortgage
$97,425
Outstanding Balance
$95,074
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$14,134

Purchase Details

Listed on
Jan 13, 2018
Closed on
Mar 1, 2018
Sold by
Piro Adam W
Bought by
Schurman Michael B and Schurman Victoria S
Seller's Agent
Hailey Herberger
Jim Maloof Realty, Inc.
Buyer's Agent
Hailey Herberger
Jim Maloof Realty, Inc.
List Price
$59,900
Sold Price
$53,500
Premium/Discount to List
-$6,400
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$55,265
Interest Rate
4.22%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2008
Sold by
Lundy Timothy S and Lundy Thomas S
Bought by
Piro Adam W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,374
Interest Rate
6.41%
Mortgage Type
FHA
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
Way Connie $108,250 None Listed On Document
Schurman Michael B $53,500 Hometown Title
Piro Adam W $50,700 First Community Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Way Connie $97,425
Closed Way Connie $6,000
Previous Owner Schurman Michael B $55,265
Previous Owner Piro Adam W $50,374
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2023 08/17/23 Sold $108,250 +0.2% $115 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $108,000 0.0% $114 / Sq Ft
07/14/2023 07/14/23 For Sale $108,000 -0.9% $114 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $109,000 -2.7% $115 / Sq Ft
05/04/2023 05/04/23 Price Changed $112,000 -1.8% $119 / Sq Ft
04/27/2023 04/27/23 Price Changed $114,000 -2.6% $121 / Sq Ft
03/28/2023 03/28/23 For Sale $117,000 +118.7% $124 / Sq Ft
03/01/2018 03/01/18 Sold $53,500 -10.7% $43 / Sq Ft View Prior Sale
01/13/2018 01/13/18 For Sale $59,900 -- $48 / 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 $1,177 $22,550 $1,980 $20,570
2023 $1,177 $21,000 $1,840 $19,160
2022 $1,194 $19,090 $1,670 $17,420
2021 $597 $12,550 $1,650 $10,900
2020 $594 $12,550 $1,650 $10,900
2019 $575 $12,550 $1,650 $10,900
2018 $563 $12,550 $1,650 $10,900
2017 $563 $12,260 $1,610 $10,650
2016 $521 $12,260 $1,610 $10,650
2015 $501 $0 $0 $0
2013 $494 $12,260 $1,610 $10,650
Source: Public Records

Agents Affiliated with this Home

  • Lisa Inman

    Seller's Agent in 2023

    Lisa Inman

    Move Smart Realty

    (309) 472-4627

    34 in this area

    700 Total Sales

    Lisa Inman
    Section Image

  • A

    Buyer's Agent in 2023

    Aaron Cody

    RE/MAX

    Section Image
  • Hailey Herberger

    Seller's Agent in 2018

    Hailey Herberger

    Jim Maloof Realty, Inc.

    (309) 613-3197

    9 in this area

    37 Total Sales

    Hailey Herberger
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1241395

RMLS Alliance

APN: 10-10-11-208-055

Illinois Tazewell County Pekin 61554 South of Broadway

1501 Stout St, Pekin, IL

Not Listed for Sale

Detached

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