NOT LISTED FOR SALE

201 Cypress St Pekin, IL 61554

North of Broadway Neighborhood

Estimated Value: $259,874 - $270,000

8 Beds
4 Baths
4,091 Sq Ft
$64/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $207,000 $51 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,944/month

28 Days on Market

About This Home

As of January 2022

Spacious all brick 4 unit. 4,091 square feet on main floor plus basement with laundry hook ups. Corner lot with 6 parking spaces. Central Air. Newer shingles. Owner gets bills for garbage and sewer and bills tenants, which is on top of the rents listed above. Approx $2,800 annually for garbage and sewer.

Last Agent to Sell the Property

Chris Marek

Realty Executives Acclaimed License #471.008331 Listed on: 11/23/2021

Realty Executives Acclaimed

Last Buyer's Agent

Jacqueline Spencer

Keller Williams Revolution License #475172555

Keller Williams Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,070

Year Built

  • Built in 1972

Lot Details

  • 0.29

Basement

  • Partial Basement
  • Block Basement Construction

Schools

  • Pekin Community High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,070

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story | Four-Plex | Apartment Building
  • Legal Description: BROADMOOR HEIGHTS SEC 5 LOT 13
  • Lvt Date: 11/23/2021
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Basement: Block, Partial
  • Price Per Sq Ft: 50.6
  • Total Sq Ft: 4091

Exterior Features

  • Exterior: Brick
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: Pekin Community
  • High School: Pekin Community

Lot Info

  • Estimated Lot Size: 140x90
  • Lot Description: Level
  • Subdivision: Broadmoor Heights
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 33000
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 5069.68
  • Parcel Id Number Tax Id: 05-05-31-304-017
  • Tax Year: 2020

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 33000
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Jan 31, 2022
Sold by
Beckham Brian K and Beckham Holly D
Bought by
Rock12 Llc
Seller's Agent
Chris Marek
Realty Executives Acclaimed
Buyer's Agent
Jacqueline Spencer
Keller Williams Revolution
List Price
$225,000
Sold Price
$207,000
Premium/Discount to List
-$18,000
-8%
Current Estimated Value
$263,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,719
Avg. Annual Appreciation
7.14%
Original Mortgage
$165,600
Outstanding Balance
$64,162
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$197,556

Purchase Details

Closed on
Apr 4, 2005
Sold by
Prather Donald W
Bought by
Beckham Brian K and Beckham Holly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
5.64%
Mortgage Type
Commercial
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
Rock12 Llc $207,000 Hometown Title
Beckham Brian K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock12 Llc $165,600
Previous Owner Beckham Brian K $119,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $207,000 -8.0% $51 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $225,000 0.0% $55 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $225,000 -- $55 / 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 $5,700 $66,900 $9,140 $57,760
2023 $5,700 $61,420 $8,390 $53,030
2022 $5,320 $56,810 $7,760 $49,050
2021 $5,117 $54,620 $7,460 $47,160
2020 $5,070 $54,620 $7,460 $47,160
2019 $4,998 $54,620 $7,460 $47,160
2018 $4,869 $54,620 $7,460 $47,160
2017 $4,431 $51,030 $7,000 $44,030
2016 $4,384 $49,430 $6,780 $42,650
2015 $4,175 $0 $0 $0
2013 $4,094 $49,430 $6,780 $42,650
Source: Public Records

Agents Affiliated with this Home

  • Chris Marek

    Seller's Agent in 2022

    Chris Marek

    Realty Executives

    (309) 696-5447

    2 in this area

    20 Total Sales

    Chris Marek
    Section Image
  • Jacqueline Spencer

    Buyer's Agent in 2022

    Jacqueline Spencer

    Keller Williams Revolution

    (309) 825-4375

    3 in this area

    156 Total Sales

    Jacqueline Spencer
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1230508

RMLS Alliance

APN: 05-05-31-304-017

Illinois Tazewell County Pekin 61554 North of Broadway

201 Cypress St, Pekin, IL

This home is located at 201 Cypress St, Pekin, IL 61554 since 23 November 2021 and is currently estimated at $263,719, approximately $64 per square foot. This property was built in 1972. 201 Cypress St is a home located in Tazewell County with nearby schools including Dirksen 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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