NOT LISTED FOR SALE

506 S 7th St Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $115,584 - $137,000

3 Beds
1 Bath
1,702 Sq Ft
$74/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $120,000 $71 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $822/month

2 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Heating System
  • Level Lot
  • Porch

About This Home

As of May 2024

SELLER WANTS AN OFFER! Just around the corner from the sidewalks on Washington! Just up the block, from St. Joseph's church and school. This home is found on one of Pekin's vintage brick streets! Not far from where you would also find the library, grocery stores, and eateries! Charming front porch, along with a porch swing, to enjoy the fresh scents of spring! This Trendy Bungalow has updates of vinyl siding, shingles, and gutters, (in 2017). Walking thru the front door brings you right into the cutest foyer with a Bench Seat that opens! This floor plan flows right into a roomy living room, and to a formal dining room with a built in buffet! The tidy kitchen with the stove and frig., has the ideal "style of the build year," cabinets. Main floor master with hardwood floors and walking up the steps you will find a great space for a bean bag or cozy chair to use as a den area, and 2 Bedrooms~one has a "walk in," closet! The back yard has a Beautiful Pine tree, lending a hand for shade and some privacy fencing to secure a private like rear yard. Full Unfinished Basement~waiting for creativity!

Last Agent to Sell the Property

Jennifer Whiteside-Fielder

Freedom Realty Brokerage Email: JFielder@ColdwellHomes.com License #471019484 Listed on: 04/17/2024

Last Buyer's Agent

Candace Martin

EXP Realty, LLC License #471.021891

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 40x105
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,702 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Porch

Schools

  • Pekin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Hoffs & Colt Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 04-10-02-107-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1922
  • Architectural Style: One and Half Story
  • New Construction: No
  • PricePerSqFt: 70.51
  • Age55PlusDevelopment: No
  • Attribution Contact: JFielder@ColdwellHomes.com
  • Special Features: None

Interior Features

  • Basement: Daylight, Full
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Cable Available
  • Living Area: 1702
  • TotalBasementSqFt: 1102
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Curbs & Gutters
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Curbs & Gutters, Parking Pad

Utilities

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

Schools

  • High School: Pekin Community

Lot Info

  • Zoning: Res
  • Lot Size: 40x105
  • Parcel #: 04-10-02-107-002
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1717.86
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 17, 2024
Sold by
Evans Jamie and Evans Tiffany
Bought by
Ulmer Kimberly Kay
Seller's Agent
Jennifer Whiteside-Fielder
Freedom Realty
Buyer's Agent
Candace Martin
EXP Realty, LLC
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Total Days on Market
2
Views
21
Current Estimated Value
$125,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,396
Avg. Annual Appreciation
4.32%
Original Mortgage
$116,400
Outstanding Balance
$115,370
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$10,026

Purchase Details

Closed on
Aug 26, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Evans Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2009
Sold by
Clifford Jeanette L
Bought by
Federal Home Loan Mortgage Corp
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
Ulmer Kimberly Kay $120,000 None Listed On Document
Evans Jamie $65,500 None Available
Federal Home Loan Mortgage Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ulmer Kimberly Kay $116,400
Previous Owner Evans Jamie $56,000
Previous Owner Evans Jamie $65,000
Previous Owner Clifford Jeanette L $96,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $120,000 -7.6% $71 / Sq Ft
04/17/2024 04/17/24 For Sale $129,900 -- $76 / 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 $1,866 $28,400 $2,410 $25,990
2023 $1,866 $26,370 $2,240 $24,130
2022 $1,718 $24,590 $2,090 $22,500
2021 $1,528 $22,520 $2,010 $20,510
2020 $1,514 $22,520 $2,010 $20,510
2019 $1,493 $22,520 $2,010 $20,510
2018 $1,455 $22,520 $2,010 $20,510
2017 $1,435 $22,730 $2,010 $20,720
2016 $1,431 $22,630 $1,970 $20,660
2015 $1,385 $0 $0 $0
2013 $1,314 $22,120 $1,970 $20,150
Source: Public Records

Agents Affiliated with this Home

  • Candace Martin

    Buyer's Agent in 2024

    Candace Martin

    EXP Realty, LLC

    (309) 258-7527

    1 in this area

    65 Total Sales

    Candace Martin
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1249597

RMLS Alliance

APN: 04-10-02-107-002

Illinois Tazewell County Pekin 61554 Downtown Pekin

506 S 7th St, Pekin, IL

This home is located at 506 S 7th St, Pekin, IL 61554 since 17 April 2024 and is currently estimated at $125,396, approximately $73 per square foot. This property was built in 1922. 506 S 7th 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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