NOT LISTED FOR SALE

348 S 4th St Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $101,646

-- Bed
-- Bath
-- Sq Ft
4,182 Sq Ft Lot

Last Sold May 06, 2021

Last sale price $78,000

Est. 30% increase in value since last sale

Current estimated payment $781/month

117 Days on Market

About This Home

As of May 2021

Opportunity knocks!! So many nice updates....Newer roof, windows, furnace, A/C, front retaining wall/landscaping and much more! Great Commercial office building with so many Great Opportunities...It was currently used as a sewing business, but would be great for any type of business!!...just think outside of the box and make it happen! This building could be 2 office units as well and offers 2 half bathrooms and a kitchen area....Front and back entrance with 2 entry waiting areas. 5 total parking spaces in back come with building and are marked. Great building with great possibilities!!

Last Agent to Sell the Property

Amy McClanahan

Freedom Realty License #475135110 Listed on: 12/14/2020

Last Buyer's Agent

Amy McClanahan

Freedom Realty License #475135110 Listed on: 12/14/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,567

Year Built

  • Built in 1969

Lot Details

  • 4,182

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$2,567

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 12/14/2020
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl, Wood
  • Total Building Sq Ft: 1456
  • Estimated Lot Sq Ft: 4187

Exterior Features

  • Exterior Finish: Brick, Concrete
  • Frontage Access: Corner Lot, City Street
  • Insulation: Unknown
  • Roof Construction: Comp Shingle, Rolled
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas

Lot Info

  • Zoning: Commercial
  • Geo Subdivision: IL
  • Lot Size Remarks: Building sqft...1456 Paving sqft...2080

Tax Info

  • Annual Taxes: 2566.7
  • Parcel Id Number Tax Id: 04-10-03-231-034
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Webb Nathan A and Webb Brittany M
Bought by
Mccloud Kevin and Mccloud Gelana
Current Estimated Value
$101,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$71,263
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$27,734

Purchase Details

Listed on
Dec 14, 2020
Closed on
May 6, 2021
Sold by
Smock Judy
Bought by
Webb Nathan A and Webb Brittany M
Seller's Agent
Amy McClanahan
Freedom Realty
Buyer's Agent
Amy McClanahan
Freedom Realty
List Price
$94,500
Sold Price
$78,000
Premium/Discount to List
-$16,500
-17.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$34,976
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
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
Mccloud Kevin $96,000 None Listed On Document
Webb Nathan A $78,000 Hometown Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccloud Kevin $72,000
Previous Owner Webb Nathan A $34,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $78,000 -8.1% --
04/10/2021 04/10/21 Pending -- -- --
04/07/2021 04/07/21 Price Changed $84,900 -10.2% --
12/14/2020 12/14/20 For Sale $94,500 -- --
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 $2,901 $34,110 $3,440 $30,670
2023 $2,901 $31,670 $3,190 $28,480
2022 $2,729 $29,530 $2,970 $26,560
2021 $2,627 $28,400 $2,860 $25,540
2020 $2,603 $28,400 $2,860 $25,540
2019 $2,567 $28,400 $2,860 $25,540
2018 $2,501 $28,400 $2,860 $25,540
2017 $2,532 $29,520 $2,980 $26,540
2016 $2,482 $28,940 $2,920 $26,020
2015 $2,411 $0 $0 $0
2013 $2,358 $28,370 $2,860 $25,510
Source: Public Records

Agents Affiliated with this Home

  • Amy McClanahan

    Seller's Agent in 2021

    Amy McClanahan

    Freedom Realty

    (309) 202-9942

    7 in this area

    146 Total Sales

    Amy McClanahan
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Map

Source: RMLS Alliance

MLS Number: PA1221117

RMLS Alliance

APN: 04-10-03-231-034

Illinois Tazewell County Pekin 61554 Downtown Pekin

348 S 4th St, Pekin, IL

This home is located at 348 S 4th St, Pekin, IL 61554 since 14 December 2020 and is currently estimated at $101,646. This property was built in 1969. 348 S 4th St is a home located in Tazewell County with nearby schools including Washington Intermediate School, Jefferson Elementary School, and Edison 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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