NOT LISTED FOR SALE

700 Summer St Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $113,000 - $144,000

2 Beds
1 Bath
1,398 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $115,000 $82 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $824/month

2 Days on Market

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Patio
  • No HOA
  • Porch
  • Bungalow

About This Home

As of May 2023

Looking for your dream home in Pekin, IL? Look no further than 700 Summer St! This charming 2 large bedroom bungalow style home has everything you need and more. As you enter, you'll be greeted by beautiful hardwood floors and stunning built-ins, providing a classic and traditional feel to the home. The ample kitchen includes a large island for extra counter space, making it perfect for hosting and preparing meals. The home also boasts both formal and informal dining areas, crown molding and a main floor laundry, providing convenience and comfort to your daily life. A full basement provides plenty of storage space and room for extra activities or hobbies. Take a step outside and enjoy the enclosed front porch, perfect for relaxing and enjoying the breeze on a warm summer day. Or on the backyard patio. The house has numerous updates including a new furnace, insulation and newer windows and roof to ensure maximum comfort throughout the year. Upstairs, you'll find incredible potential for additional living space and a 3rd bedroom. The drywall and framing have already been completed, giving you the opportunity to customize this space to your liking. Don't miss your chance to make this beautiful home your own! Contact us now to schedule a viewing and see it for yourself. (Finished sq/ft does NOT include the upstairs)

Last Agent to Sell the Property

Rebecca Gaetz Bishop

Keller Williams Premier Realty License #475129504 Listed on: 03/30/2023

Keller Williams Premier Realty

Last Buyer's Agent

Hailey Herberger

Jim Maloof Realty, Inc. License #475165267

Jim Maloof Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1902

Lot Details

  • Lot Dimensions are 55x125
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,398 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Pekin Community High School

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • John Kraeger Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041003237001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,662

Year Built

Built in 1902

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1902
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 82.26
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Non Functional, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Storage, Blinds, Cable Available, Ceiling Fan(s), Garage Door Opener(s)
  • Living Area: 1398
  • TotalBasementSqFt: 1190
  • KitchenDining: Dining Formal,Dining Informal,Island

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Exterior Features: Patio, Porch
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Hot Water, Gas Water Heater, Wall Unit(s)
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Pekin Community

Lot Info

  • Lot Size: 55x125
  • Parcel #: 041003237001
  • ZonedAgricultural: No

Green Features

  • Efficiency: High Efficiency Heating

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1662
  • TaxExemptions: Homestead/Owner Occupied,Senior Freeze,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 8, 2023
Sold by
Tracy Dena Colleen
Bought by
Mcgee Morgan
Seller's Agent
Rebecca Gaetz Bishop
Keller Williams Premier Realty
Buyer's Agent
Hailey Herberger
Jim Maloof Realty, Inc.
List Price
$100,000
Sold Price
$115,000
Premium/Discount to List
$15,000
15%
Views
71
Current Estimated Value
$126,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,132
Avg. Annual Appreciation
1.16%
Original Mortgage
$4,600
Interest Rate
6.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mcgee Morgan $115,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcgee Morgan $4,600
Open Mcgee Morgan $110,650
Previous Owner Tracy Dena Colleen $78,351
Previous Owner Tracy Dena C $25,000
Previous Owner Tracy Dena C $12,400
Previous Owner Tracy Dena C $82,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $115,000 +15.0% $82 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $100,000 -- $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 $1,646 $35,320 $3,330 $31,990
2023 $1,646 $32,800 $3,090 $29,710
2022 $1,661 $30,580 $2,880 $27,700
2021 $1,662 $28,970 $2,770 $26,200
2020 $1,647 $28,970 $2,770 $26,200
2019 $1,624 $28,970 $2,770 $26,200
2018 $1,583 $28,970 $2,770 $26,200
2017 $1,560 $29,780 $2,770 $27,010
2016 $1,544 $29,190 $2,710 $26,480
2015 $1,515 $0 $0 $0
2013 $1,487 $31,050 $2,710 $28,340
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Gaetz Bishop

    Seller's Agent in 2023

    Rebecca Gaetz Bishop

    Keller Williams Premier Realty

    (309) 339-2801

    2 in this area

    255 Total Sales

    Rebecca Gaetz Bishop
    Section Image
  • Hailey Herberger

    Buyer's Agent in 2023

    Hailey Herberger

    Jim Maloof Realty, Inc.

    (309) 613-3197

    2 in this area

    42 Total Sales

    Hailey Herberger
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1241396

RMLS Alliance

APN: 04-10-03-237-001

Illinois Tazewell County Pekin 61554 Downtown Pekin

700 Summer St, Pekin, IL

This home is located at 700 Summer St, Pekin, IL 61554 since 30 March 2023 and is currently estimated at $126,132, approximately $90 per square foot. This property was built in 1902. 700 Summer 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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