NOT LISTED FOR SALE

701 Bacon St Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $175,000 - $198,136

4 Beds
4 Baths
3,160 Sq Ft
$59/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $148,000 $47 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,214/month

107 Days on Market

Highlights

  • Sun or Florida Room
  • No HOA
  • Patio
  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of January 2024

Discover the enchantment of this captivating home nestled on a quaint brick-lined street in the vibrant heart of Pekin! Step into a world of endless possibilities as you explore the potential of the upper level living spaces, boasting a separate entrance to two charming 1-bedroom suites, complete with cozy living areas, kitchen & 1 full bath. Alternatively, envision the creation of a spacious 4-bedroom, 4-bathroom haven perfectly tailored to your unique vision. Experience modern elegance with an updated kitchen that seamlessly combines functionality and style, complemented by intricate and beautiful woodwork throughout. Welcome the outdoors in from the comfort of your front three-season screened porch, offering an ideal spot to unwind and enjoy the surroundings. Embrace the convenience of a main floor suite, ensuring comfort and accessibility. Park with ease in the two-stall detached garage and carport, all nestled on a generous corner lot that adds to the overall charm of the property. Seize this extraordinary, once-in-a-lifetime opportunity that has graced the market. Schedule your exclusive tour now to immerse yourself in the potential and character that await within this remarkable residence.

Last Agent to Sell the Property

Maxwell Schneider

Keller Williams Premier Realty License #475169846 Listed on: 07/07/2023

Keller Williams Premier Realty

Last Buyer's Agent

Rickey Mathis

The Real Estate Group Inc. License #475166875

The Real Estate Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 54 x 131
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,160 Sq Ft Home
  • 1.5-Story Property
  • Sun or Florida Room
  • Partial Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Edison Middle School
  • Pekin Community High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Leonard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-10-03-239-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,805

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Architectural Style: One and Half Story
  • New Construction: No
  • PricePerSqFt: 46.84
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Washer
  • Basement: Partial
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Garage Door Opener(s)
  • Living Area: 3160
  • TotalBasementSqFt: 790
  • KitchenDining: Dining Formal,Dining/Living Combo,Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Brick Partial, Stucco
  • Exterior Features: Patio, Porch/3-Season
  • Roof: Shingle
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Carport, Detached

Utilities

  • Heating: Gas, Forced Air, Central Air, Window Unit(s)
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Pekin Community
  • Middle Or Junior School: Edison

Lot Info

  • Lot Size: 54 x 131
  • Parcel #: 04-10-03-239-003

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2804.56
  • TaxExemptions: Homestead/Owner Occupied,Senior Freeze,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Jan 4, 2024
Sold by
Nelms Linda S
Bought by
Weiss Richard and Weiss Marsha Ann
Seller's Agent
Maxwell Schneider
Keller Williams Premier Realty
Buyer's Agent
Rickey Mathis
The Real Estate Group Inc.
List Price
$195,000
Sold Price
$148,000
Premium/Discount to List
-$47,000
-24.1%
Views
302
Current Estimated Value
$185,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,284
Avg. Annual Appreciation
11.80%
Original Mortgage
$152,884
Outstanding Balance
$150,830
Interest Rate
6.75%
Mortgage Type
VA
Estimated Equity
$28,882
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
Weiss Richard $148,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Richard $152,884
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $148,000 -6.9% $47 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
11/24/2023 11/24/23 Price Changed $159,000 -5.9% $50 / Sq Ft
11/01/2023 11/01/23 Price Changed $169,000 -5.6% $53 / Sq Ft
10/03/2023 10/03/23 Price Changed $179,000 -3.4% $57 / Sq Ft
09/07/2023 09/07/23 Price Changed $185,250 -5.0% $59 / Sq Ft
08/18/2023 08/18/23 For Sale $195,000 -- $62 / 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 $2,781 $51,840 $3,250 $48,590
2023 $2,781 $48,140 $3,020 $45,120
2022 $2,805 $44,890 $2,820 $42,070
2021 $2,807 $42,390 $2,710 $39,680
2020 $2,782 $42,390 $2,710 $39,680
2019 $2,743 $42,390 $2,710 $39,680
2018 $2,673 $42,390 $2,710 $39,680
2017 $2,603 $43,240 $2,720 $40,520
2016 $2,577 $42,380 $2,660 $39,720
2015 $2,528 $0 $0 $0
2013 $2,474 $40,560 $2,610 $37,950
Source: Public Records

Agents Affiliated with this Home

  • Maxwell Schneider

    Seller's Agent in 2024

    Maxwell Schneider

    Keller Williams Premier Realty

    (309) 642-0635

    4 in this area

    243 Total Sales

    Maxwell Schneider
    Section Image
  • Rickey Mathis

    Buyer's Agent in 2024

    Rickey Mathis

    The Real Estate Group Inc.

    (309) 369-6539

    12 in this area

    567 Total Sales

    Rickey Mathis
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1243849

RMLS Alliance

APN: 04-10-03-239-003

Illinois Tazewell County Pekin 61554 Downtown Pekin

701 Bacon St, Pekin, IL

This home is located at 701 Bacon St, Pekin, IL 61554 since 07 July 2023 and is currently estimated at $185,284, approximately $58 per square foot. This property was built in 1910. 701 Bacon 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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