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1122 Summer Street

1122 Summer Street, Pekin, IL 61554
Property in Pekin
Sold Aug 20, 2021
$69,900
$63,085 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2051
Sold Jul 02, 2009
$80,000
$75,905 by Busey Bank
Mortgage Due Aug 01, 2039
1122 Summer Street has been categorized by the local assessors in Pekin, IL as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1122 Summer Street has 1,008 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,250 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Aug 19, 2021 for $69,900. That's $23.12 per sqft. Prior to that sales transaction, the property was also sold in Jul 2, 2009 for $80,000. 1122 Summer Street was last assessed in 2023. The total value of the property was assessed at $25,120. Specifically, the land the property is located on was valued at $2,800. While improvements on the property were assessed at a total of $22,320. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,610. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,008
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,024
  • Gross Building Area: 3,024
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALTMIERS SUBD
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 03 T245N R5W WALTMIERS SUBD LOT 10 SE1/4

Ownership

  • Current Owner : WILLIAMS JORDAN
  • Current Owner 2: GILPIN TINA A
  • Previous Owner : RUSHING JR GERALD D
  • Owner Before Previous Owner: TAYLOR JOEY D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pekin Community High School District 303
  • Census Tract: 020900

Geography

  • District: 040
  • Section: 3
  • Parcel: 04-10-03-408-010
  • Lot: 10
  • Meridian: SEC 03 TWN 245N RNG 05W
  • Municipality: PEKIN
  • Latitude: 40.559
  • Longitude: -89.6501

    Address

  • Full Address: 1122 Summer St
  • Address - House Number: 1122
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: IL
  • City Name: Pekin
  • Carrier Code: C003
  • 4-Digit Zip Code: 4449
  • Zip Code: 61554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,610
  • Tax Rate Code Area: 04014

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 62
  • Final Value: 86,379
  • High Value: 109,045
  • Low Value: 63,713

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,085
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 20, 2021
  • First Open Lien Mortgage Loan Amount: $63,085
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $75,360
  • Market Land Value: $8,400
  • Market Improvement Value: $66,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,120
  • Assessed Land Value: $2,800
  • Assessed Improvements Value: $22,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Transaction ID: 11874905614
  • Current Sale Price: $69,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15447
  • Previous Sale Recording Date: Jul 02, 2009
  • Previous Sale Contract Date: Jul 02, 2009
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Aug 20, 2021
  • First Mortgage Loan Amount: $63,085
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BUSEY BANK
  • Previous Mortgage Transaction Date: Jul 02, 2009
  • Previous Mortgage Loan Amount: $75,905
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Pekin



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Frequently Asked Questions

What neighborhood is 1122 Summer Street located in?
The 1122 Summer Street is a located in the neighborhood of Pekin in Pekin, Pekin.
What is the average sales price for listings in 1122 Summer Street?
The average sales price for units in 1122 Summer Street is $0 currently.

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