Check Availability

1320 Market Street

1320 Market Street, Pekin, IL 61554
House in Pekin
Sold Dec 23, 2020
$80,000
$78,452 by Pnc Bank Na
Mortgage Due Jan 01, 2051
1320 Market Street in Pekin, IL was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 1971. 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 are a total of 2 full bathrooms. There are 2 partial bathrooms. 1320 Market Street has 1,414 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 600 ft and the linear feet between the front and back of the lot is 1,060. In total, the area measurement of the land is 6,360 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 624 sqft. There are a total of 2 available parking spaces. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1320 Market Street was last sold in Nov 16, 2020 for $80,000. According to our calculations, that's $45.30 per sqft. Current property owners are expected to pay $1,957 in taxes per year. The property on 1320 Market Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,150. To break that down further, the land itself was valued at $3,710. While improvements to the property were assessed at a total of $25,440. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 768
  • Garage Type: Detached
  • Garage Square Area: 624
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,360
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,766
  • Gross Building Area: 1,766
  • Building Area: 1,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,414
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CASEYS ADDN
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CASEYS ADDN LOT 6 BLK 22

Ownership

  • Current Owner : HULING CATHERINE
  • Previous Owner : READER FREDRICK D
  • Previous Owner 2: FREDRICK D READER TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pekin Community High School District 303
  • Census Tract: 020800

Geography

  • District: 040
  • Section: 35
  • Parcel: 04-04-35-444-006
  • Block: 22
  • Lot: 6
  • Meridian: SEC 35 TWN 25N RNG 5W
  • Municipality: PEKIN
  • Latitude: 40.5695
  • Longitude: -89.6317

    Address

  • Full Address: 1320 Market St
  • Address - House Number: 1320
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: IL
  • City Name: Pekin
  • Carrier Code: C007
  • 4-Digit Zip Code: 3638
  • Zip Code: 61554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,957
  • Tax Rate Code Area: 04014

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 225,660
  • High Value: 317,053
  • Low Value: 134,266

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,452
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Dec 23, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • 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
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $87,450
  • Market Land Value: $11,130
  • Market Improvement Value: $76,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,150
  • Assessed Land Value: $3,710
  • Assessed Improvements Value: $25,440

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Transaction ID: 11809957206
  • Current Sale Price: $80,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202000020976

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Dec 23, 2020
  • First Mortgage Loan Amount: $78,452
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

About Pekin



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1900 Sheridan Road, Pekin, IL, 61554

$625 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
1900 Sheridan Road #9, Pekin, IL, 61554 Listing by Chase Corricelli
Unit for rent at 800 Charlotte Street, Pekin, IL, 61554

$800 /mo

  • 2 Beds
  • 1 Bath
800 Charlotte Street #800 Charlotte Street - Apt B, Pekin, IL, 61554 Listing by Manager
Unit for rent at 312 Buena Vista, Pekin, IL, 61554

$700 /mo

  • 2 Beds
  • 1 Bath
312 Buena Vista #312 Buena Vista - Unit 3, Pekin, IL, 61554 Listing by Manager
Unit for rent at 1308 Chestnut Street, Pekin, IL, 61554

$700 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
1308 Chestnut Street #1308 1/2 Chestnut Street, Pekin, IL, 61554 Listing by Manager
Unit for rent at 1203 Sheridan Rd., Pekin, IL, 61554

$1,595 /mo

  • 4 Beds
  • 2 Baths
  • 1,848 ft²
1203 Sheridan Rd. #1203 Sheridan Rd., Pekin, IL, 61554 Listing by Manager
Unit for rent at 2028 Westgate Dr., Pekin, IL, 61554

$895 /mo

  • 2 Beds
  • 1 Bath
2028 Westgate Dr. #2028 Westgate Dr. Unit 16, Pekin, IL, 61554 Listing by $99 MOVE IN SPECIAL! 2 Bedroom, 1 Bathroom Apartment in Pekin, IL FOR LEASE
Unit for rent at 2032 Westgate Dr., Pekin, IL, 61554

$850 /mo

  • 2 Beds
  • 1 Bath
2032 Westgate Dr. #2032 Westgate Dr. Unit 13, Pekin, IL, 61554 Listing by Manager

Frequently Asked Questions

What neighborhood is 1320 Market Street located in?
The 1320 Market Street is a house located in the neighborhood of Pekin in Pekin, Pekin.
What is the average sales price for listings in 1320 Market Street?
The average sales price for units in 1320 Market Street is $0 currently.

Quantcast