Sold Feb 11, 2021
$106,900
$85,500
by Cefcu
Mortgage Due Mar 01, 2051
Sold Nov 17, 2009
$97,000
Buyer
$87,300
by Busey Bank
Mortgage Due Dec 01, 2039
408 Fairlane Avenue in Pekin, IL was first built in 1958 and is 66 years old.
This has been categorized as a residential property type.
It is a single story home.
There are a total of 6 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.
408 Fairlane Avenue has 1,144 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 670 ft and the linear feet between the front and back of the lot is 1,000.
In total, the area measurement of the land is 6,700 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 carport. The garage is 504 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. The property was last sold in Feb 5, 2021 for $106,900. That's $31.15 per sqft. Prior to that sales transaction, the property was also sold in Nov 11, 2009 for $97,000. 408 Fairlane Avenue was last assessed in 2023. The total value of the property was assessed at $36,680. Specifically, the land the property is located on was valued at $3,880. While improvements on the property were assessed at a total of $32,800. 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 $2,607. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.
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 carport. The garage is 504 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. The property was last sold in Feb 5, 2021 for $106,900. That's $31.15 per sqft. Prior to that sales transaction, the property was also sold in Nov 11, 2009 for $97,000. 408 Fairlane Avenue was last assessed in 2023. The total value of the property was assessed at $36,680. Specifically, the land the property is located on was valued at $3,880. While improvements on the property were assessed at a total of $32,800. 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 $2,607. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.