NOT LISTED FOR SALE

16506 Springfield Rd Pekin, IL 61554

Estimated Value: $315,000 - $383,000

5 Beds
2 Baths
3,032 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $237,500 $78 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,310/month

254 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Garage
  • Tremont Elementary School Rated A-
  • Fenced Yard

About This Home

As of July 2020

WHAT A RARE FIND! IMMACULATELY MAINTAINED 2.84 ACRES W/WHITE PICKET FENCE! BRICK RANCH OFFERS NEW SEPTIC 2004, NEW ROOF 2017 AND CHARMING BUILT-INS! FOUR OUTBUILDINGS: PARTY BARN, BARN W/SLIDING DOORS, "MAN CAVE" ABOVE GARAGE, SMALL SHED AND WELL SHED! TREMONT SCHOOLS! PHENOMENAL LOCATION! PHENOMENAL CONDITION! PHENOMENAL VALUE!

Last Agent to Sell the Property

Mary Ann Ladendorf

RE/MAX Traders Unlimited License #475099545 Listed on: 10/03/2019

Last Buyer's Agent

Janet Rosecrans

Jim Maloof Realty, Inc. License #475123470

Jim Maloof Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,909

Year Built

  • Built in 1949

Lot Details

  • Fenced Yard

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Blinds

Kitchen

  • Oven or Range
  • Range Hood

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Tremont Elementary School

Utilities

  • Water Filtration System
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,909

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: SEC2 T24N R4W SW COR NW1/4 & NW COR SW1/4 (EXEC CELL TOWER STRUCTURE NW1/4 2.84 AC)
  • Lvt Date: 10/03/2019
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Hood/Fan, Refrigerator, Range/Oven, Water Filtration System
  • Interior Amenities: Garage Door Opener(s), Blinds, Window Coverings
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 5
  • Master Bedroom: Dimensions: 13.03x12.04, On Level: Main, Flooring: Carpet
  • Basement Foundation: Block, Finished, Full
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 13.03x11.08, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 11.05x10.04, On Level: Main, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 15.11x11.06, On Level: Basement, Flooring: Carpet
  • Den: Dimensions: 10.02x8, On Level: Basement, Flooring: Carpet
  • Family Room: Dimensions: 25.06x11.09, On Level: Basement, Flooring: Carpet
  • Formal Dining Room: Dimensions: 13.06x12.01, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 14.06x12.01, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Dining Formal, Eat-In Kitchen, Pantry
  • Laundry: Dimensions: 14.1x14.08, On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 20.05x17.03, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 1516
  • Rec Room: Dimensions: 13.1x12.01, On Level: Basement, Flooring: Carpet
  • Total Basement Sq Ft: 1516
  • Additional Room 1: Dimensions: 7.03x5.09, On Level: Basement, Flooring: Vinyl
  • Price Per Sq Ft: 156.66
  • Finished Sq Ft: 3032
  • Total Sq Ft: 1516
  • Finished Main Level Sq Ft: 1516

Exterior Features

  • Exterior: Brick
  • Exterior Amenities: Deck, Fenced Yard, Outbuilding(s), Shed
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, Guest Parking, Heated
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 2

Utilities

  • Heating Cooling: Gas, Propane, Forced Air, Propane Tank - Lease, Water Heater - Electric, Central Air
  • Water Sewer: Private Well, Septic System, Ejector Pump

Schools

  • Elementary School: Tremont
  • Middle School: Tremont
  • High School: Tremont
  • Elementary School: Tremont

Lot Info

  • Estimated Lot Size: 2.84 ACRES
  • Estimated Number of Acres: 2.84
  • Lot Description: Level
  • Zoning: A1
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 4908.56
  • Parcel Id Number Tax Id: 11-11-02-100-012
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2019

MLS Schools

  • High School School District: Tremont
  • Middle School: Tremont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jul 16, 2020
Sold by
Smith Glen L and Smith Pamela K
Bought by
Bailliez Joshua C and Bailliez Falynn M
Seller's Agent
Mary Ann Ladendorf
RE/MAX Traders Unlimited
Buyer's Agent
Janet Rosecrans
Jim Maloof Realty, Inc.
List Price
$269,900
Sold Price
$237,500
Premium/Discount to List
-$32,400
-12%
Current Estimated Value
$343,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,091
Avg. Annual Appreciation
5.69%
Original Mortgage
$197,500
Outstanding Balance
$175,171
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$140,307

Purchase Details

Closed on
Oct 14, 2010
Sold by
Creekmur John M and Creekmur Stacy K
Bought by
Smith Glen L and Smith Pamela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.27%
Mortgage Type
New Conventional
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
Bailliez Joshua C $237,500 Hometown Title Inc
Smith Glen L $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailliez Joshua C $197,500
Previous Owner Smith Glen L $195,000
Previous Owner Smith Glen L $37,141
Previous Owner Smith Glen L $203,200
Previous Owner Smith Glen L $216,000
Previous Owner Smith Glen L $407,803
Previous Owner Creekmur John M $134,000
Previous Owner Creekmur John M $86,500
Previous Owner Creekmur John M $144,000
Previous Owner Creekmur John M $72,000
Previous Owner Creekmur John M $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $237,500 -5.0% $78 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $249,900 -3.8% $82 / Sq Ft
03/06/2020 03/06/20 Price Changed $259,900 -3.7% $86 / Sq Ft
01/27/2020 01/27/20 For Sale $269,900 0.0% $89 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
11/25/2019 11/25/19 Price Changed $269,900 -3.6% $89 / Sq Ft
10/29/2019 10/29/19 Price Changed $279,900 -3.4% $92 / Sq Ft
10/03/2019 10/03/19 For Sale $289,900 -- $96 / 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 $5,308 $92,060 $13,260 $78,800
2023 $5,308 $84,520 $12,170 $72,350
2022 $5,128 $78,690 $11,330 $67,360
2021 $4,975 $75,660 $10,890 $64,770
2020 $4,952 $74,180 $10,680 $63,500
2019 $4,909 $74,180 $10,680 $63,500
2018 $4,822 $74,180 $10,680 $63,500
2017 $4,739 $74,180 $10,680 $63,500
2016 $4,670 $72,720 $10,470 $62,250
2015 $4,677 $0 $0 $0
2013 $4,616 $72,720 $10,470 $62,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1209555

RMLS Alliance

APN: 11-11-02-100-012