501 S 7th St Pekin, IL 61554
Downtown Pekin Neighborhood
4
Beds
2
Baths
3,377
Sq Ft
8,538
Sq Ft Lot
Highlights
- Hydromassage or Jetted Bathtub
- Patio
- Garage
- Fenced Yard
About This Home
As of November 2023WOW!! OVER 3000 FINISHED SQUARE FEET! THIS AMAZING 4 BEDROOM, 2.5 BATH CHARMER IS A BEAUTIFUL BLEND OF HISTORIC CHARM MIXED WITH MODERN UPDATES. OFFERING WONDERFUL OUTDOOR ENTERTAINING SPACE, FORMAL AND INFORMAL DINING, VERY NICE FINISHED BASEMENT, SUN ROOM, HARDWOOD FLOORS, CROWN MOLDING, BUILT INS, AMPLE NATURAL LIGHT, GENEROUS BEDROOM SIZES, FINISHED 3RD FLOOR, 2 CAR GARAGE, FENCED YARD & APPLIANCES STAY! JUST A BLOCK FROM ST. JOSEPHS & CLOSE TO SHOPPING, ENTERTAINMENT, & DINING! CALL TO SCHEDULE YOUR SHOWING AND COME FALL IN LOVE!
Last Agent to Sell the Property
Jim Maloof Realty, Inc. License #471019844 Listed on: 12/04/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,245
Year Built
- Built in 1929
Parking
- Garage
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Fenced Yard
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2023
Closed on
Nov 30, 2023
Sold by
Lowery Cole and Lowery Cheyenne Huls
Bought by
Gullett Helen Sue
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
$25,737
Avg. Annual Appreciation
2.96%
Original Mortgage
$190,000
Outstanding Balance
$187,694
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$33,049
Purchase Details
Closed on
Mar 31, 2023
Sold by
Carter Richard D and Carter Caitlyn M
Bought by
Lowery Cole and Lowery Cheyenne Huls
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
Sours Steven and Sours Allison
Bought by
Carter Richard D and Carter Caitlyn M
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
4.26%
Original Mortgage
$144,787
Interest Rate
4.5%
Mortgage Type
VA
Purchase Details
Closed on
Jul 12, 2012
Sold by
Pruitt Jerry L and Pruitt Barbara T
Bought by
Sours Steven
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
Smith Robert J
Bought by
Pruitt Jerry L and Pruitt Barbara T
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $210,000 | None Listed On Document | |
| Warranty Deed | $200,000 | -- | |
| Warranty Deed | $168,000 | County Title | |
| Warranty Deed | $183,000 | Chicago Title | |
| Warranty Deed | $173,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $190,000 | New Conventional | |
| Previous Owner | $190,000 | New Conventional | |
| Previous Owner | $144,787 | VA | |
| Previous Owner | $166,870 | FHA | |
| Previous Owner | $138,400 | New Conventional | |
| Previous Owner | $46,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 Compared to Growth
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 | $4,928 | $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
-
Seller's Agent in 2023
Tracey Gerard
Signature Heights Realty, LLC
(309) 241-2322
2 in this area
181 Total Sales
-
Buyer's Agent in 2023
Adam Merrick
Adam Merrick Real Estate
(309) 273-1806
41 in this area
4,393 Total Sales
-
Seller's Agent in 2019
Jared O'Brien
Jim Maloof Realty, Inc.
(309) 256-4374
382 Total Sales
Map
Source: RMLS Alliance
MLS Number: RMAPA1200202
APN: 04-10-02-104-010
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