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1201 South 3rd Street

1201 South 3rd Street, Pekin, IL 61554
Property in Pekin
Sold Jul 15, 2015
$80,000
$78,452 by Mortgage Services Iii Llc
Mortgage
1201 South 3rd Street in Pekin, IL was first built in 1940 and is 84 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1201 South 3rd Street has 1,440 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,160 ft and the linear feet between the front and back of the lot is 1,640. In total, the area measurement of the land is 19,024 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a detached garage. The garage is 344 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1201 South 3rd Street sold most recently in Jul 10, 2015 for a total of $80,000. If you work out the math, that's approximately a cost of $37.04 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,055 in taxes each year. 1201 South 3rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,290. If we break it down further, the land itself was valued at $6,500. Improvements to the property, however, were assessed at a total of $23,790. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 900
  • Garage Type: Detached
  • Garage Square Area: 344
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 19,024
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAAS ADDITION
  • Land Acres: 0.437
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 3 T24N R5W HAAS ADDITION N 50 FT OF LOT 32 & ALL LOT 31 SE 1/4

Ownership

  • Current Owner : BOWLER KIMBERLY D
  • Previous Owner : SCOTT L D
  • Previous Owner 2: SCOTT LUCY IRENE
  • 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: 04-10-03-404-032
  • Block: 404
  • Lot: 32,31
  • Meridian: SEC 03 TWN 24N RNG 05W
  • Municipality: PEKIN
  • Latitude: 40.5589
  • Longitude: -89.6524

    Address

  • Full Address: 1201 S 3rd St
  • Address - House Number: 1201
  • Street Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Pekin
  • Carrier Code: C003
  • 4-Digit Zip Code: 4434
  • Zip Code: 61554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,055
  • Tax Rate Code Area: 04014

    Appraisal Valuation

  • Standard Deviation: 0.2686
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 114,827
  • High Value: 145,670
  • Low Value: 83,983

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $83,452
  • First Open Lien Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Open Lien Mortgage Recording Date: Jul 15, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $78,452
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Open Lien Mortgage Recording Date: Jul 15, 2015
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $5,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone First

    Market Valuation

  • Market Total Value: $90,870
  • Market Land Value: $19,500
  • Market Improvement Value: $71,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,290
  • Assessed Land Value: $6,500
  • Assessed Improvements Value: $23,790

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 10, 2015
  • Current Sale Recording Date: Jul 15, 2015
  • Current Sale Transaction ID: 1222263085
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015011633

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Mortgage Transaction Date: Jul 15, 2015
  • First Mortgage Loan Amount: $78,452
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Pekin



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1201 South 3rd Street located in?
The 1201 South 3rd Street is a located in the neighborhood of Pekin in Pekin, Pekin.
What is the average sales price for listings in 1201 South 3rd Street?
The average sales price for units in 1201 South 3rd Street is $0 currently.

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