NOT LISTED FOR SALE

1409 Riverview Dr Macomb, IL 61455

Estimated Value: $99,000 - $141,000

-- Bed
-- Bath
2,384 Sq Ft
$49/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $85,000 $36 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $898/month

122 Days on Market

Highlights

  • Corner Lot
  • Two Heating Systems
  • Wood Siding
  • 6 Car Attached Garage

About This Home

As of September 2023

THIS TRIPLEX LOCATED JUST STEPS FROM WIU'S CAMPUS HAS TWO 2 BEDROOM UNITS AND ONE 1 BEDROOM UNIT, CURRENTLY APT #1 HAS 2 BEDROOMS, RENTS AT $1000 A MONTH ENDING IN MAY 2024. THE BASEMENT APT HAS TWO 2 BED APT, ONE IS LEASED AT $425 A MONTH AND IS ON A MONTH TO MONTH LEASE, THE OTHER AREA IS NOT USED AT THIS TIME. APT 2 HAS 1 BEDROOM AND LEASED AT $665 A MONTH, WITH LEASE ENDING JUNE 2024. OWNER PAYS ALL UTILITIES.

Last Agent to Sell the Property

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 03/27/2023

Last Buyer's Agent

Caley Rumler

Real Broker, LLC License #475.201905

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,128

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 143x140
  • Corner Lot

Parking

  • 6 Car Attached Garage

Home Design

  • 2,384 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Partially Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Schools

  • Macomb High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Western Park Subdivision
  • Trash Expense $1,200

Listing and Financial Details

  • Tenant pays for no utilities
  • Assessor Parcel Number 11-100-893-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,128

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1950
  • New Construction: No
  • Structure Type: Triplex
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Egress Window(s), Partially Finished, Walk Out

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Attached, Oversized
  • Total Parking Spaces: 6

Utilities

  • Heating: Heating Systems - 2+, Forced Air, Gas, Central Air
  • Laundry Features: Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 3582

Condo/Co-op/Association

  • LawnSnowRemoval: 260

Fee Information

  • Trash Expense: 1200
  • AdvertisingExpense: 0

Schools

  • High School: Macomb

Lot Info

  • Zoning: R1
  • Lot Size: 143X140
  • Parcel #: 11-100-893-00

Rental Info

  • Tenant Pays: No Utilities
  • Lease Term: Variable

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3127.78
  • TaxExemptions: None

Multi Family

  • Resident Manager Expense: 2290

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Sep 5, 2023
Sold by
Black Mark Llc
Bought by
Forman Jonathan and Forman Jessica
Seller's Agent
Steve Silberer
C21 Purdum-Epperson Inc
Buyer's Agent
Caley Rumler
Real Broker, LLC
List Price
$139,000
Sold Price
$85,000
Premium/Discount to List
-$54,000
-38.85%
Views
282
Current Estimated Value
$117,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,405
Avg. Annual Appreciation
14.94%
Original Mortgage
$68,000
Outstanding Balance
$43,588
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$73,817

Purchase Details

Listed on
Jun 26, 2019
Closed on
Oct 16, 2019
Sold by
Morton Community Bank
Bought by
Black Mark Llc
Seller's Agent
Steve Silberer
C21 Purdum-Epperson Inc
Buyer's Agent
Steve Silberer
C21 Purdum-Epperson Inc
List Price
$38,900
Sold Price
$24,000
Premium/Discount to List
-$14,900
-38.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.42%
Original Mortgage
$64,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Forman Jonathan $85,000 None Listed On Document
Black Mark Llc $24,000 Terrill Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forman Jonathan $68,000
Previous Owner Black Mark Llc $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $85,000 -28.6% $36 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $119,000 -14.4% $50 / Sq Ft
03/27/2023 03/27/23 For Sale $139,000 +479.2% $58 / Sq Ft
10/18/2019 10/18/19 Sold $24,000 -19.7% $10 / Sq Ft View Prior Sale
09/13/2019 09/13/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $29,900 -23.1% $13 / Sq Ft
06/26/2019 06/26/19 For Sale $38,900 -- $16 / Sq Ft
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 $3,401 $29,560 $8,019 $21,541
2023 $3,413 $27,318 $7,685 $19,633
2022 $3,128 $26,468 $7,446 $19,022
2021 $3,001 $26,468 $7,446 $19,022
2020 $4,994 $51,939 $7,446 $44,493
2019 $4,979 $45,723 $7,652 $38,071
2018 $4,764 $45,723 $7,652 $38,071
2017 $4,647 $45,723 $7,652 $38,071
2016 $4,463 $45,239 $7,571 $37,668
2015 $4,393 $44,205 $7,398 $36,807
2014 $4,314 $43,543 $7,287 $36,256
2013 $4,212 $43,543 $7,287 $36,256
Source: Public Records

Agents Affiliated with this Home

  • Steve Silberer

    Seller's Agent in 2023

    Steve Silberer

    C21 Purdum-Epperson Inc

    (309) 255-3968

    288 in this area

    358 Total Sales

    Steve Silberer
    Section Image
  • Caley Rumler

    Buyer's Agent in 2023

    Caley Rumler

    Real Broker, LLC

    (309) 236-6564

    8 in this area

    13 Total Sales

    Caley Rumler
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1241301

RMLS Alliance

APN: 11-100-893-00

Illinois Mcdonough County Macomb 61455

1409 Riverview Dr, Macomb, IL

Not Listed for Sale

MultiFamily

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