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320 Walnut Street

320 Walnut Street, Pekin, IL 61554
Property in Pekin
Sold Aug 06, 2021
$97,000
$94,090 by United Wholesale Mortgage
Mortgage Due Sep 01, 2051
Sold Nov 02, 2017
$10,700
320 Walnut 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. 320 Walnut Street has 1,001 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 500 ft and the linear feet between the front and back of the lot is 635. In total, the area measurement of the land is 2,700 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 240 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. The property was last sold in Aug 4, 2021 for $97,000. That's $55.52 per sqft. Prior to that sales transaction, the property was also sold in Oct 30, 2017 for $10,700. 320 Walnut Street was last assessed in 2023. The total value of the property was assessed at $18,970. Specifically, the land the property is located on was valued at $1,680. While improvements on the property were assessed at a total of $17,290. 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 $1,080. 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. 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: 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: 672
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,700
  • Lot Size Depth Feet: 635
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,747
  • Gross Building Area: 1,747
  • Building Area: 1,001
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,001
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHESTNUT ADDN
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 03 T24N R5W CHESTNUT ADDN LOT 2 SE 1/4

Ownership

  • Current Owner : MULLEN JAMES
  • Current Owner 2: MULLEN MIKALAH
  • Previous Owner : ALLISON ANTHONY R
  • Previous Owner 2: ALLISON LEAH
  • Owner Before Previous Owner: GOLDEN PHILLIP S
  • Owner Before Previous Owner 2: JACKSON RUTH ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • District: 040
  • Section: 3
  • Parcel: 04-10-03-408-016
  • Lot: 2
  • Meridian: SEC 03 TWN 24N RNG 05W
  • Municipality: PEKIN
  • Latitude: 40.5601
  • Longitude: -89.6496

    Address

  • Full Address: 320 Walnut St
  • Address - House Number: 320
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Pekin
  • Carrier Code: C035
  • 4-Digit Zip Code: 4453
  • Zip Code: 61554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,080
  • Tax Rate Code Area: 04014

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 62
  • Final Value: 83,862
  • High Value: 105,868
  • Low Value: 61,856

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $94,090
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $94,090
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $56,910
  • Market Land Value: $5,040
  • Market Improvement Value: $51,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,970
  • Assessed Land Value: $1,680
  • Assessed Improvements Value: $17,290

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11848321009
  • Current Sale Price: $97,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100014634
  • Previous Sale Recording Date: Nov 02, 2017
  • Previous Sale Contract Date: Oct 30, 2017
  • Previous Sale Amount: $10,700
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $94,090
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Pekin



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Frequently Asked Questions

What neighborhood is 320 Walnut Street located in?
The 320 Walnut Street is a located in the neighborhood of Pekin in Pekin, Pekin.
What is the average sales price for listings in 320 Walnut Street?
The average sales price for units in 320 Walnut Street is $0 currently.

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