See Home Value
Pekin 61554
1402 JEROME Street
$76,418*
House - Off Market

1402 JEROME Street

Pekin, IL 61554
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1000 Sqft
$60,000 - $70,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Mar 09, 2021
$62,000
$57,972 by Inland Bank & Trust
Mortgage Due Apr 01, 2051
Sold Nov 01, 2012
$47,299

About This Property

Come and see this 3 bedroom, 1 bath ranch home. The kitchen is spacious, has a lot of cabinet storage, and the appliances are included, but not warranted. The living room has a beautiful brick fireplace. The central air was updated in January of 2021 and has a 10 year warranty. The roof was updated in 2018. The windows were updated in 2012. The backyard is fenced in and includes a storage shed. Schedule your showing today.

The manager has listed the unit size as 1000 square feet.
Unit Size
1,000Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$68
Property Type
House
Property Taxes
$2,266
HOA Dues
-
Year Built
1959

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Mar 9, 2021 Sold to Zachary Ohlman $62,000
Sold to Zachary Ohlman
Jan 21, 2021 In contract -
In contract
Jan 17, 2021 Price Increased $67,900
↑ $3K (4.6%)
Price Increased
Dec 16, 2020 Price Decreased $64,900
↓ $5K (7.2%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,300
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,300
  • Gross Building Area: 1,300
  • Building Area: 1,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE PARK SUBD
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 2 T24N R5W LAKE PARK SUBD LOT 96 & S 4 OF LOT 77 SE 1/4

Ownership

  • Current Owner : OHLMAN ZACHARY
  • Previous Owner : OSLUND DAVID
  • Previous Owner 2: OSLUND ALONDA
  • Owner Before Previous Owner: U S BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pekin Community High School District 303
  • Census Tract: 021102

Geography

  • District: 040
  • Section: 2
  • Parcel: 04-10-02-436-010
  • Lot: 96,77
  • Meridian: SEC 02 TWN 24N RNG 05W
  • Municipality: PEKIN
  • Latitude: 40.5538
  • Longitude: -89.6286

    Address

  • Full Address: 1402 Jerome St
  • Address - House Number: 1402
  • Address - Street Name: Jerome
  • Address - Suffix Type: St
  • State: IL
  • City Name: Pekin
  • Carrier Code: C030
  • 4-Digit Zip Code: 5934
  • Zip Code: 61554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,812
  • Tax Rate Code Area: 04014

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 62
  • Final Value: 92,399
  • High Value: 116,645
  • Low Value: 68,153

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $63,972
  • First Open Lien Mortgage Lender: INLAND BANK & TRUST
  • First Open Lien Mortgage Recording Date: Mar 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $57,972
  • 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: Apr 01, 2051
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Mar 09, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $82,380
  • Market Land Value: $9,480
  • Market Improvement Value: $72,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,460
  • Assessed Land Value: $3,160
  • Assessed Improvements Value: $24,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 09, 2021
  • Current Sale Transaction ID: 11824902559
  • Current Sale Price: $62,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100004070
  • Previous Sale Recording Date: Nov 01, 2012
  • Previous Sale Contract Date: Sep 28, 2012
  • Previous Sale Amount: $47,299
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLAND BANK & TRUST
  • First Mortgage Transaction Date: Mar 09, 2021
  • First Mortgage Loan Amount: $57,972
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,008 ft²
$79/ft²
$79,900 Dec 8, 2022
-
$261/mo
In Contract
House
3 Beds
1 Bath
1,144 ft²
$52/ft²
$59,900 Feb 10, 2023
-
$18/mo
House
3 Beds
1 Bath
896 ft²
$89/ft²
$79,900 Oct 3, 2022
-
$186/mo
In Contract
House
2 Beds
1 Bath
744 ft²
$81/ft²
$59,900 Nov 1, 2022
-
$107/mo
House
2 Beds
1 Bath
705 ft²
$85/ft²
$59,900 Feb 28, 2023
-
$112/mo

About Pekin


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Frequently Asked Questions

When was property at 1402 Jerome Street built and last sold?
The property at 1402 Jerome Street was built in 1959 and last sold on Mar 5, 2021 for $62,000.
How much is this home worth?
The estimated value of the home located at 1402 Jerome Street is $68,977.
What are some comparable homes to 1402 Jerome Street?
There are currently no comparable homes to 1402 Jerome Street.

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