20 days on rocket

701 Summer St, Pekin, IL, 61554

$39,900

Home List Price

$474*

Closing Credit

3 Bedrooms
2 Full Baths
1,750 SqFt
$23/SqFt
House
Schools Nearby

Location

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701 Summer St, Pekin$39,900

Buyer Closing Credits

$474*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1887
HeatingNatural Gas, Forced Air, Central
BasementYes
MLS #PA1250229
Lot Size0.12 Acres
StatusActive

About 701 Summer St

Great size in this 3 bedroom home on corner lot. Large living/dining room, leading into to the kitchen which has plenty of cabinets and large eat-in area. Main floor bedroom as well as full bath. Upper level offers 2 more bedrooms and another full bath. Enclosed front porch and fully fenced-in rear yard. Come check it out today!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1887
  • Living Area: 1,750 SqFt

Listing Office:

  • Office Name: Century 21 Lincoln National Re
  • Office Email: Chris.Hilton@Century21.com
  • Listing Agent: Regina Reed

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fenced Yard, Porch

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central

School Info

Assigned Schools Information:

  • Pekin Community High School, Public District Grades 9-12
  • Washington Intermediate School, Public District Grades 4-6
  • Edison Junior High School, Public District Grades 7-8

Other

Directions Information:

  • Directions: IL-29S/S Main, Continue onto N 5th, R onto Broadway, L onto S 4th, R onto Washington, L on Summer St, House on R

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,900
  • Price Per SqFt: $23/SqFt

Tax Information:

  • Annual Amount: $2,359
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pekin, IL.

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Pekin, IL

City

Med. Sold Price

$125K

Med. Price/SqFt

$87

Avg. Days On Market

18

# of Sold Homes

41

701 Summer St vs Pekin

20 DAYS ON ROCKET

+2 Days

$39,900

-$85.1K Less

$23/SqFt

-$64 Less

KEY TAKEAWAY

This property is $85.1K less than the Median Sold Price and $64/SqFt less than other homes in Pekin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #PA1250229

Listing Office:

  • Office Name: Century 21 Lincoln National Re
  • Office Email: Chris.Hilton@Century21.com
  • Listing Agent: Regina Reed

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2024, 12:50:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 30, 1998Home Sold
$60,000
Jan 27, 1997Home Sold
$16,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,359$31,740
2019$2,326$31,740
2018$2,240$31,740
2017$2,240$32,120

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-8378526
5
/10

  • Washington Intermediate School

  • 501 Washington St

  • 0.29 miles

  • Public District Grades 4-6

school-card-donut-8378527
4
/10

  • Edison Junior High School

  • 1400 Earl St

  • 1.39 miles

  • Public District Grades 7-8

High School

school-card-donut-8378528
5
/10

  • Pekin Community High School

  • 1903 Court St

  • 1.65 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,146. Residents of Pekin, IL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 Summer St

What is the listing price of this property?

The listing price of 701 Summer St property is $39,900.

What type of property is this?

The property 701 Summer St is a house located in Pekin, Illinois, 61554.

Is this property for sale now?

Active Listing: 701 Summer St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 701 Summer St are:
Washington Intermediate School: GreatSchools Rating 5/10
Edison Junior High School: GreatSchools Rating 4/10
Pekin Community High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,359 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 30, 1998 for $60,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 701 Summer St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 701 Summer St is 1,750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 Summer St is 1887.

Rocket Homes›Illinois›Tazewell County›Pekin›61554›701 Summer St

This home is located at 701 Summer St in Pekin, IL and zip code 61554. This 1,750 square foot home, which was built in 1887, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $39,900.

In May 2024 more than 17 listings in Pekin, IL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 16 were sold below. The inventory of homes for sale in Pekin, IL between April 2024 and May 2024 decreased by 9.9%. The median list price of listings available in May 2024 was $125,000, while the average time on the real estate market was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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