NOT LISTED FOR SALE

Estimated Value: $59,661 - $73,000

2 Beds
1 Bath
792 Sq Ft
$84/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $55,000 $69 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $473/month

18 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • 1 Car Detached Garage
  • Sun or Florida Room
  • No HOA
  • Eat-In Kitchen

About This Home

As of October 2023

Welcome to 291 Derby St., Pekin, IL! This bungalow style home features 792 sqft with 2 bedrooms, 1 full bath, a 3 season porch, living room, formal dining room, and an eat-in kitchen. Outside is a 1 stall detached garage and a nice patio area to enjoy the outdoors. This home has been well maintained and is ready for the next person to call it home, schedule your showing today!

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate Brokerage Email: homes@adammerrick.com License #471018071 Listed on: 09/06/2023

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate Brokerage Email: homes@adammerrick.com License #471018071 Listed on: 09/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 41x81
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 792 Sq Ft Home
  • Ceiling Fan
  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Pekin Community High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Haas Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 04-10-03-404-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,238

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 69.44
  • Age55PlusDevelopment: No
  • Attribution Contact: homes@adammerrick.com
  • Special Features: None

Interior Features

  • Appliances: Dryer, Hood/Fan, Range/Oven, Refrigerator, Washer
  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 792
  • TotalBasementSqFt: 792
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch/3-Season
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Window Unit(s)
  • 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: 0.08
  • Lot Size: 41X81
  • Parcel #: 04-10-03-404-049
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1127
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 17, 2023
Sold by
Spencer James E and Spencer Cathy S
Bought by
Workman Jesse R
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$76,000
Sold Price
$55,000
Premium/Discount to List
-$21,000
-27.63%
Total Days on Market
18
Views
62
Current Estimated Value
$66,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,165
Avg. Annual Appreciation
12.01%
Original Mortgage
$44,000
Outstanding Balance
$41,269
Interest Rate
6.51%
Mortgage Type
New Conventional
Estimated Equity
$24,896
Source: Public Records

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Range of Values:

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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
Workman Jesse R $55,000 Peoria Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Workman Jesse R $44,000
Previous Owner Spencer James E $48,314
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $55,000 -21.3% $69 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $69,900 -8.0% $88 / Sq Ft
09/06/2023 09/06/23 For Sale $76,000 -- $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 $1,238 $21,010 $2,470 $18,540
2023 $1,238 $19,510 $2,290 $17,220
2022 $1,127 $18,200 $2,140 $16,060
2021 $1,040 $17,250 $2,060 $15,190
2020 $1,031 $17,250 $2,060 $15,190
2019 $1,017 $17,250 $2,060 $15,190
2018 $991 $17,250 $2,060 $15,190
2017 $992 $17,570 $2,060 $15,510
2016 $968 $17,230 $2,020 $15,210
2015 $936 $0 $0 $0
2013 $1,002 $18,290 $2,020 $16,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1245240

RMLS Alliance

APN: 04-10-03-404-049