NOT LISTED FOR SALE

305 Reservoir Rd Pekin, IL 61554

South of Broadway Neighborhood

Estimated Value: $199,000 - $249,000

3 Beds
2 Baths
2,314 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $196,000 $85 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,482/month

21 Days on Market

Highlights

  • Deck
  • 2 Car Garage
  • Shed
  • Hydromassage or Jetted Bathtub
  • Tankless Water Heater
  • Forced Air Heating System

About This Home

As of May 2024

Location, location, location. This home is located at the end of a dead-end street and is surrounded by Coal Miners Park and Pekin Park District Bike Trail, which consists of acres and acres of green space and trails providing an ideal playground for children, pets, and anyone with a passion for walking, running, or biking. Originally built as a modest 572 sq ft residence with a 14 x 8 front porch, this home has undergone a remarkable transformation. A significant addition added a spacious 26 x 20 two-story Great Room and an upper level including two large bedrooms and a full bathroom equipped with a jacuzzi tub. The house now boasts 2314 finished square feet of living space, with a 572 square foot unfinished basement. Adjacent to the 30 x 24 garage, you'll find a versatile 13 x 12 room that could be used for a home office or workshop (not included in total sq ft). There is also a large eat-in kitchen where families can gather for meals, share stories, and create memories. Further enhancing the property's appeal is a 30 x 14 two-story outbuilding in the backyard, added in 2020. New furnace installed in November 2022 and a series of recent improvements, including a dishwasher (2023), tankless water heater (2021), washer and dryer (2020), and a roof and nine skylights (2018). Additionally, the home features vinyl siding and replacement windows. A 16 x 9 storage area is located between the house and garage.

Last Agent to Sell the Property

Scott Rodgers

RE/MAX Traders Unlimited License #475148656 Listed on: 03/18/2024

RE/MAX Traders Unlimited

Last Buyer's Agent

Rickey Mathis

The Real Estate Group Inc. License #475166875

The Real Estate Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 1922

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 50x175x111x185
  • Street terminates at a dead end
  • Level Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Replacement Windows
  • Great Room with Fireplace
  • Unfinished Basement
  • Partial Basement
  • Storage In Attic

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Outbuilding

Schools

  • Dirksen Elementary School
  • Broadmoor Middle School
  • Pekin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Tankless Water Heater
  • High Speed Internet

Community Details

  • Bluffs Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 041001203002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,786

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1922
  • Architectural Style: Two Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Partial, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Attic Storage, Garage Door Opener(s), High Speed Internet, Jetted Tub
  • Living Area: 2314
  • KitchenDining: Breakfast Bar,Dining Informal,Eat-In Kitchen

Exterior Features

  • Lot Features: Dead End Street, Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Stone, Vinyl Siding
  • Exterior Features: Deck, Outbuilding(s), Replacement Windows, Shed(s)
  • Roof: Shingle
  • 100YearPlain: Unknown
  • Conversion: 0

Garage/Parking

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

Utilities

  • Heating: Gas, Forced Air, Central Air, Tankless Water Heater
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Schools

  • Elementary School: Dirksen
  • High School: Pekin Community
  • Middle Or Junior School: Broadmoor

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size: 50x175x111x185
  • Parcel #: 041001203002

Green Features

  • Efficiency: High Efficiency Heating

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3785.94
  • TaxExemptions: Homestead/Owner Occupied

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 3, 2024
Sold by
Depolt Alexander R and Mumbert Sarah M
Bought by
Evans Austin J
Seller's Agent
Scott Rodgers
RE/MAX Traders Unlimited
Buyer's Agent
Rickey Mathis
The Real Estate Group Inc.
List Price
$199,900
Sold Price
$196,000
Premium/Discount to List
-$3,900
-1.95%
Views
158
Current Estimated Value
$218,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,555
Avg. Annual Appreciation
7.58%
Original Mortgage
$179,000
Outstanding Balance
$176,427
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$42,128

Purchase Details

Listed on
Apr 9, 2018
Closed on
Nov 2, 2018
Sold by
Hibberd Leslie L and Hibberd Edith M
Bought by
Rhoades Lance R
Seller's Agent
Jim Barr
RE/MAX Traders Unlimited
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$147,283
Interest Rate
5.62%
Mortgage Type
FHA
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
Evans Austin J $196,000 Peoria Title
Rhoades Lance R $150,000 Peoria Tittle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Austin J $179,000
Previous Owner Rhoades Lance R $147,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $196,000 -2.0% $85 / Sq Ft
03/18/2024 03/18/24 For Sale $199,900 +2.5% $86 / Sq Ft
04/25/2022 04/25/22 Sold $195,000 +7.1% $83 / Sq Ft View Prior Sale
03/22/2022 03/22/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $182,000 +21.3% $77 / Sq Ft
11/02/2018 11/02/18 Sold $150,000 -6.2% $64 / Sq Ft View Prior Sale
09/22/2018 09/22/18 Pending -- -- --
08/15/2018 08/15/18 Price Changed $159,900 -1.8% $68 / Sq Ft
07/18/2018 07/18/18 Price Changed $162,900 -1.2% $69 / Sq Ft
06/06/2018 06/06/18 Price Changed $164,900 -2.9% $70 / Sq Ft
04/09/2018 04/09/18 For Sale $169,900 -- $72 / 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 $4,065 $54,240 $6,170 $48,070
2023 $4,065 $50,370 $5,730 $44,640
2022 $3,786 $46,970 $5,340 $41,630
2021 $2,961 $38,020 $5,130 $32,890
2020 $2,935 $38,020 $5,130 $32,890
2019 $2,919 $38,300 $5,130 $33,170
2018 $2,254 $31,590 $5,130 $26,460
2017 $2,186 $31,490 $5,130 $26,360
2016 $2,138 $30,870 $5,030 $25,840
2015 $2,072 $0 $0 $0
2013 $2,029 $30,300 $4,930 $25,370
Source: Public Records

Agents Affiliated with this Home

  • Scott Rodgers

    Seller's Agent in 2024

    Scott Rodgers

    RE/MAX

    (309) 678-0060

    6 in this area

    512 Total Sales

    Scott Rodgers
    Section Image
  • Rickey Mathis

    Buyer's Agent in 2024

    Rickey Mathis

    The Real Estate Group Inc.

    (309) 369-6539

    51 in this area

    561 Total Sales

    Rickey Mathis
    Section Image
  • Stacey Candler

    Seller's Agent in 2022

    Stacey Candler

    Sunflower Real Estate Group, LLC

    (309) 241-1529

    19 in this area

    107 Total Sales

    Stacey Candler
    Section Image

  • J

    Seller's Agent in 2018

    Jim Barr

    RE/MAX

    Section Image
  • Adam Merrick

    Buyer's Agent in 2018

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    221 in this area

    4,235 Total Sales

    Adam Merrick
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1248979

RMLS Alliance

APN: 04-10-01-203-002

Illinois Tazewell County Pekin 61554 South of Broadway

305 Reservoir Rd, Pekin, IL

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