Seller's Agent in 2023
Tracey Gerard
Signature Heights Realty, LLC
(309) 241-2322
1 in this area
168 Total Sales
501 S 7th St Pekin, IL 61554
Downtown Pekin NeighborhoodEstimated Value: $196,000 - $252,000
5
Beds
2.5
Baths
3,306
Sq Ft
$69/Sq Ft
Est. Value
Highlights
- Corner Lot
- 2 Car Detached Garage
- Forced Air Heating System
- Fenced Yard
- Water Softener is Owned
- Wood Burning Fireplace
About This Home
As of November 2023This Picturesque, all brick home combines the best of the past with modern updates, offering a unique opportunity to own this elegant, historic residence in a thriving community. The 3+ floors of living spaces provide ample room for both relaxation and entertainment. The living room boasts a wood-burning fireplace, perfect for cozy evenings. The formal dining room, with its intricate moldings and hardwood floors, offers an ideal setting for hosting gatherings and celebrations. The private backyard is also perfect for outdoor barbecues and relaxation. The adorable kitchen combines the charm of the past with the luxury of modern amenities and the finished basement offers yet even more space to take advantage of. Take a tour for yourself and see if you're ready to say "yes" to this charming address.
Last Agent to Sell the Property
Signature Heights Realty, LLC Brokerage Phone: 309-241-2322 License #471.019374 Listed on: 10/19/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,597
Year Built
- Built in 1929
Lot Details
- Lot Dimensions are 95x90
- Fenced Yard
- Corner Lot
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Brick Exterior Construction
- Shingle Roof
- Slate Roof
Interior Spaces
- 3,306 Sq Ft Home
- 3-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Schools
- Pekin Community High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- Water Softener is Owned
Community Details
- Colts Addition Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 04-10-02-104-010
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2023
Closed on
Nov 30, 2023
Sold by
Bought by
Seller's Agent
Tracey Gerard
Signature Heights Realty, LLC
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$224,900
Sold Price
$210,000
Premium/Discount to List
-$14,900
-6.63%
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,782
Avg. Annual Appreciation
3.05%
Original Mortgage
$190,000
Outstanding Balance
$185,804
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$40,978
Purchase Details
Closed on
Mar 31, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 4, 2018
Closed on
Jan 29, 2019
Sold by
Bought by
Seller's Agent
Jared O'Brien
Jim Maloof Realty, Inc.
Buyer's Agent
Jared O'Brien
Jim Maloof Realty, Inc.
List Price
$169,900
Sold Price
$168,000
Premium/Discount to List
-$1,900
-1.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$144,787
Interest Rate
4.5%
Mortgage Type
VA
Purchase Details
Closed on
Jul 12, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,870
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 1, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
6.17%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $210,000 | None Listed On Document | ||
| $200,000 | -- | ||
| $168,000 | County Title | ||
| $183,000 | Chicago Title | ||
| $173,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $190,000 | ||
| Previous Owner | $190,000 | ||
| Previous Owner | $144,787 | ||
| Previous Owner | $166,870 | ||
| Previous Owner | $138,400 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $210,000 | -4.5% | $64 / Sq Ft | |
| 10/28/2023 10/28/23 | Pending | -- | -- | -- | |
| 10/23/2023 10/23/23 | Price Changed | $219,900 | -2.2% | $67 / Sq Ft | |
| 10/19/2023 10/19/23 | For Sale | $224,900 | +33.9% | $68 / Sq Ft | |
| 02/01/2019 02/01/19 | Sold | $168,000 | -1.1% | $50 / Sq Ft | View Prior Sale |
| 12/13/2018 12/13/18 | Pending | -- | -- | -- | |
| 12/04/2018 12/04/18 | For Sale | $169,900 | -- | $50 / Sq Ft |
Source: RMLS Alliance
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,780 | $69,160 | $5,830 | $63,330 |
| 2024 | $4,928 | $64,390 | $5,430 | $58,960 |
| 2023 | $4,928 | $59,790 | $5,040 | $54,750 |
| 2022 | $4,597 | $55,750 | $4,700 | $51,050 |
| 2021 | $4,078 | $50,090 | $4,520 | $45,570 |
| 2020 | $4,041 | $50,090 | $4,520 | $45,570 |
| 2019 | $3,985 | $50,090 | $4,520 | $45,570 |
| 2018 | $3,883 | $50,090 | $4,520 | $45,570 |
| 2017 | $4,245 | $55,500 | $4,520 | $50,980 |
| 2016 | $4,157 | $54,420 | $4,440 | $49,980 |
| 2015 | $4,418 | $0 | $0 | $0 |
| 2013 | $4,324 | $57,910 | $4,350 | $53,560 |
Source: Public Records
Agents Affiliated with this Home
-
Tracey Gerard
-
Adam Merrick
Buyer's Agent in 2023
Adam Merrick
Adam Merrick Real Estate
(309) 273-1806
27 in this area
3,749 Total Sales
-
Jared O'Brien
Seller's Agent in 2019
Jared O'Brien
Jim Maloof Realty, Inc.
(309) 256-4374
1 in this area
350 Total Sales
Map
Source: RMLS Alliance
MLS Number: PA1246242
APN: 04-10-02-104-010
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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