NOT LISTED FOR SALE

1508 Summer St Pekin, IL 61554

South of Broadway Neighborhood

Estimated Value: $103,000 - $121,000

2 Beds
1 Bath
1,024 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $89,900 $88 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $725/month

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Eat-In Kitchen
  • 4-minute walk to Pekin Park Sports Complex

About This Home

As of May 2023

This home is located at 1508 Summer St, Pekin, IL 61554 since 13 April 2023 and is currently estimated at $109,681, approximately $107 per square foot. This property was built in 1947. 1508 Summer St is a home located in Tazewell County with nearby schools including Jefferson Elementary School, Wilson Intermediate School, and Broadmoor Junior High School.

Last Agent to Sell the Property

Christine Schauble

eXp Realty License #471010122 Listed on: 04/13/2023

Last Buyer's Agent

Christine Schauble

eXp Realty License #471010122 Listed on: 04/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1947

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 53 x 157
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Pekin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Svendsen Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 04-10-03-430-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,542

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 131.43
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1024
  • TotalBasementSqFt: 684
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No
  • Waterfrontage: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Pekin Community

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size: 53 X 157
  • Parcel #: 04-10-03-430-006
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1541.76
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 11, 2023
Sold by
Pryor Johannah M
Bought by
Lutz Shawn M
Seller's Agent
Christine Schauble
eXp Realty
Buyer's Agent
Christine Schauble
eXp Realty
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$109,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,781
Avg. Annual Appreciation
8.72%
Original Mortgage
$85,400
Outstanding Balance
$83,087
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$26,594

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jul 22, 2017
Sold by
Renner Jacob L
Bought by
Pryor Johannah M
Seller's Agent
Mary Ann Ladendorf
RE/MAX Traders Unlimited
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$74,900
Sold Price
$72,500
Premium/Discount to List
-$2,400
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$61,625
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2016
Closed on
Mar 25, 2016
Sold by
Nelson Timothy J and Nelson Sara K
Bought by
Renner Jacob I
Seller's Agent
Donna Mayberry
Kaebel, REALTOR®
Buyer's Agent
Donna Mayberry
Kaebel, REALTOR®
List Price
$69,900
Sold Price
$67,000
Premium/Discount to List
-$2,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$63,650
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2007
Sold by
Corso Anthony B and Corso Vicki J
Bought by
Nelson Timothy J and Nelson Sara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2006
Sold by
Hoyle Dale Gene
Bought by
Corso Anthony B and Corso Vicki J
Source: Public Records

Range of Values:

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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
Lutz Shawn M $89,900 None Listed On Document
Pryor Johannah M $72,500 First Community Title
Renner Jacob I $67,000 Hometown Title
Nelson Timothy J $82,000 Chicago Title
Corso Anthony B $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Shawn M $85,400
Previous Owner Pryor Johannah M $61,625
Previous Owner Renner Jacob I $63,650
Previous Owner Nelson Timothy J $73,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Sold $89,900 0.0% $88 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $89,900 +24.0% $88 / Sq Ft
07/24/2017 07/24/17 Sold $72,500 -3.2% $71 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $74,900 +11.8% $73 / Sq Ft
03/29/2016 03/29/16 Sold $67,000 -4.1% $63 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $69,900 -- $65 / 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 $1,722 $26,710 $2,880 $23,830
2023 $1,722 $24,800 $2,670 $22,130
2022 $1,583 $23,130 $2,490 $20,640
2021 $1,542 $22,670 $2,670 $20,000
2020 $1,528 $22,670 $2,670 $20,000
2019 $1,507 $22,670 $2,670 $20,000
2018 $1,468 $22,670 $2,670 $20,000
2017 $1,441 $22,800 $2,670 $20,130
2016 $1,585 $24,420 $2,610 $21,810
2015 $1,534 $0 $0 $0
2013 $1,413 $23,330 $2,610 $20,720
Source: Public Records

Agents Affiliated with this Home

  • Christine Schauble

    Seller's Agent in 2023

    Christine Schauble

    eXp Realty

    (309) 208-9900

    72 in this area

    1,284 Total Sales

    Christine Schauble
    Section Image

  • M

    Seller's Agent in 2017

    Mary Ann Ladendorf

    RE/MAX

  • Adam Merrick

    Buyer's Agent in 2017

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    228 in this area

    4,302 Total Sales

    Adam Merrick
    Section Image

  • D

    Seller's Agent in 2016

    Donna Mayberry

    Kaebel, REALTOR®

  • L

    Seller Co-Listing Agent in 2016

    Larry Mayberry

    Kaebel, REALTOR®

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1241728

RMLS Alliance

APN: 04-10-03-430-006

Illinois Tazewell County Pekin 61554 South of Broadway

1508 Summer St, Pekin, IL

This home is located at 1508 Summer St, Pekin, IL 61554 since 13 April 2023 and is currently estimated at $109,681, approximately $107 per square foot. This property was built in 1947. 1508 Summer St is a home located in Tazewell County with nearby schools including Jefferson Elementary School, Wilson Intermediate School, and Broadmoor 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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