NOT LISTED FOR SALE

302 N Sherman Ave Macomb, IL 61455

Estimated Value: $106,000 - $145,000

4 Beds
3 Baths
2,769 Sq Ft
$43/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $105,000 $38 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $750/month

174 Days on Market

About This Home

As of December 2022

Well maintained investment property zoned R-4 garage has an apartment above it for additional income. House has a new AC and the apartment has new heat and AC. Currently leased for the 2022-2023 school year.

Last Agent to Sell the Property

Gene Curtis

RE/MAX Unified Brokers License #471001319 Listed on: 04/22/2022

RE/MAX Unified Brokers

Last Buyer's Agent

Thelma Smiddy

RE/MAX Unified Brokers License #475097218

RE/MAX Unified Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,813

Year Built

  • Built in 1920

Lot Details

  • 6,098

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Lincoln Elementary School
  • Macomb High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,813

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: E PT LOT 6 - SUB OF LOTS 3 THRU 13
  • Lvt Date: 04/22/2022
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Rec Room
  • Basement: Full, Partially Finished
  • Price Per Sq Ft: 37.92
  • Total Sq Ft: 2769

Exterior Features

  • Exterior: Brick
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water

Schools

  • Elementary School: Lincoln
  • Middle School: Edison
  • High School: Macomb
  • Elementary School: Lincoln
  • High School: Macomb

Lot Info

  • Estimated Lot Size: 53 X 118
  • Estimated Number of Acres: 0.14
  • Lot Description: Corner, Level
  • Zoning: R4-MULTI FAMILY
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 15360
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 3812.8
  • Parcel Id Number Tax Id: 11-100-746-00
  • Tax Year: 2021

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 15360
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Edison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2007
Sold by
Lapka Christine M
Bought by
Beaver David L
Current Estimated Value
$118,966

Purchase Details

Closed on
Aug 18, 2005
Sold by
Waller Ralph J and Waller June I
Bought by
King David P and King Alice L
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
Beaver David L $138,000 None Available
King David P $3,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $105,000 -2.3% $38 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $107,500 +7.5% $39 / Sq Ft
03/01/2016 03/01/16 Sold $100,000 -13.0% $56 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
03/01/2014 03/01/14 For Sale $114,900 -- $64 / 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 $4,167 $36,214 $821 $35,393
2023 $4,272 $34,708 $787 $33,921
2022 $3,974 $33,629 $763 $32,866
2021 $3,813 $33,629 $763 $32,866
2020 $3,766 $37,111 $3,564 $33,547
2019 $3,754 $34,475 $3,663 $30,812
2018 $3,592 $34,475 $3,663 $30,812
2017 $3,504 $34,475 $3,663 $30,812
2016 $3,365 $34,110 $3,624 $30,486
2015 $3,593 $36,154 $3,541 $32,613
2014 $3,529 $35,613 $3,488 $32,125
2013 $3,445 $35,613 $3,488 $32,125
Source: Public Records

Agents Affiliated with this Home

  • Gene Curtis

    Seller's Agent in 2022

    Gene Curtis

    RE/MAX Unified Brokers

    (309) 255-0227

    180 Total Sales

    Gene Curtis
    Section Image
  • Thelma Smiddy

    Buyer's Agent in 2022

    Thelma Smiddy

    RE/MAX Unified Brokers

    (309) 337-9077

    92 Total Sales

    Thelma Smiddy
    Section Image
  • Lorraine Epperson

    Seller's Agent in 2016

    Lorraine Epperson

    C21 Purdum-Epperson Inc

    (309) 833-4579

    95 Total Sales

    Lorraine Epperson
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1233436

RMLS Alliance

APN: 11-100-746-00

Illinois Mcdonough County Macomb 61455

302 N Sherman Ave, Macomb, IL

This home is located at 302 N Sherman Ave, Macomb, IL 61455 since 22 April 2022 and is currently estimated at $118,966, approximately $42 per square foot. This property was built in 1920. 302 N Sherman Ave is a home located in McDonough County with nearby schools including Lincoln Elementary School, Edison Elementary School, and Macomb Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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