NOT LISTED FOR SALE

128 N Davenport St Metamora, IL 61548

Estimated Value: $198,093

-- Bed
-- Bath
-- Sq Ft
0.6 Acres

Last Sold March 20, 2020

Last sale price $139,500

Est. 42% increase in value since last sale

Current estimated payment $1,524/month

467 Days on Market

Highlights

  • Central Air
  • Metamora Grade School Rated A-
  • 2-minute walk to Black Partridge Park

About This Home

As of March 2020

PROPERTY NOW INCLUDES: RESTAURANT AND BUILDING. Restaurant: main level includes a fully equipped, turn-key move-in ready restaurant. Seating for 65. Liquor license. Traffic on Rt 12,900 daily. Building: 2 rental units on second floor. Good cash flow. Separate utility meters. Many updates including newer roof, windows, flooring, furnaces, tuck pointing. Rental units include – 1) 1 br/1` ba and 2) a 2 br/ 1 ba with living rm, dining rm, laundry room. Both include a stove and refrigerator. Building also includes a full basement.

Last Agent to Sell the Property

Jack Weddle

Jim Maloof Realty, Inc. License #475129954 Listed on: 11/21/2018

Jim Maloof Realty, Inc.

Last Buyer's Agent

Jack Weddle

Jim Maloof Realty, Inc. License #475129954 Listed on: 11/21/2018

Jim Maloof Realty, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,275

Year Built

  • Built in 1900

Lot Details

  • 0.6

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for janitorial, trash, snow/lawn, gas, electric, heating, cooling, water/sewer
  • The owner pays for real estate taxes, structural maintenance

Property Details

Property Type

Other

Est. Annual Taxes

$4,275

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Lvt Date: 05/28/2019
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Tile/Vinyl, Wood
  • Maximum Ceiling Ht Feet: 10
  • Maximum Ceiling Ht Inch: 120
  • Other Access: None
  • Total Building Sq Ft: 4000
  • Estimated Lot Sq Ft: 2800

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 2Lane, Corner Lot, City Street
  • Insulation: Side Walls
  • Roof Construction: Membrane, Sloped
  • Wall Construction: Brick, Frame

Utilities

  • Cooling: Central Air, Individual Units
  • Heating: Gas
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.6
  • Zoning: Central Bu
  • Estimated Land Size: 70x40
  • Geo Subdivision: IL

Rental Info

  • Owner Pays: Real Estate Taxes, Structural Maintenance
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Janitorial, Trash, Snow/Lawn, Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 4274.54
  • Parcel Id Number Tax Id: 09-20-130-001
  • Estimated Taxes Sq Ft: 1
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
Mar 18, 2020
Sold by
Jones James A
Bought by
Frederick E Schirer Jr Trust
Seller's Agent
Jack Weddle
Jim Maloof Realty, Inc.
Buyer's Agent
Jack Weddle
Jim Maloof Realty, Inc.
List Price
$169,900
Sold Price
$139,500
Premium/Discount to List
-$30,400
-17.89%
Current Estimated Value
$198,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,593
Avg. Annual Appreciation
6.83%
Original Mortgage
$141,135
Outstanding Balance
$125,839
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$71,531
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frederick E Schirer Jr Trust $139,500 Heyl Royster Voelker & Allen P
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederick E Schirer Jr Trust $141,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $139,500 -12.0% --
03/02/2020 03/02/20 Pending -- -- --
01/09/2020 01/09/20 Price Changed $158,500 +13.6% --
12/06/2019 12/06/19 Price Changed $139,500 -17.9% --
11/21/2018 11/21/18 For Sale $169,900 -- --
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,047 $55,114 $4,655 $50,459
2023 $4,630 $50,671 $4,280 $46,391
2022 $4,379 $46,991 $3,969 $43,022
2021 $4,313 $46,288 $3,910 $42,378
2020 $4,253 $45,875 $3,875 $42,000
2019 $4,239 $47,391 $4,003 $43,388
2018 $4,275 $47,108 $3,979 $43,129
2017 $4,253 $47,108 $3,979 $43,129
2016 $4,263 $46,642 $3,940 $42,702
2015 $3,804 $45,196 $3,818 $41,378
2014 $3,804 $43,987 $3,716 $40,271
2013 $3,804 $44,302 $3,743 $40,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1205155

RMLS Alliance

APN: 09-20-130-001