NOT LISTED FOR SALE

314 W Adams St Macomb, IL 61455

Estimated Value: $48,000 - $56,000

5 Beds
2 Baths
1,512 Sq Ft
$35/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $38,000 $25 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $345/month

44 Days on Market

About This Home

As of January 2021

This updated 5 bedroom, 2 bathroom rental brings in great income, currently rented at $1,000/month with lease ending 6/30/2021.

Last Agent to Sell the Property

Kenny Meyer

eXp Realty, LLC License #475191724 Listed on: 11/02/2020

eXp Realty, LLC

Last Buyer's Agent

Kenny Meyer

eXp Realty, LLC License #475191724 Listed on: 11/02/2020

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1920

Lot Details

  • 10,019

Interior Spaces

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

Schools

  • Macomb High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,888

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: SUBLOT 2 LOT 31 CHANDLER ADD
  • Lvt Date: 11/04/2020
  • Year Built: 1920
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 25.13
  • Total Sq Ft: 1512

Exterior Features

  • Exterior: Wood Siding
  • Roofing: Shingles

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Gas
  • Water Sewer: Public Sewer

Schools

  • High School: Macomb
  • High School: Macomb

Lot Info

  • Estimated Lot Size: 58x168
  • Lot Description: Level
  • Subdivision: Chandler
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 12000

Tax Info

  • Annual Taxes: 1887.5
  • Parcel Id Number Tax Id: 11-100-347-00
  • Tax Year: 2019

Multi Family

  • Total Number Units: 1
  • Gross Annual Income: 12000
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Jan 19, 2021
Sold by
Collins Scott R and Stc Investments
Bought by
Duarte Edvar
Seller's Agent
Kenny Meyer
eXp Realty, LLC
Buyer's Agent
Kenny Meyer
eXp Realty, LLC
List Price
$44,900
Sold Price
$38,000
Premium/Discount to List
-$6,900
-15.37%
Total Days on Market
44
Current Estimated Value
$52,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,306
Avg. Annual Appreciation
7.61%
Original Mortgage
$30,400
Outstanding Balance
$27,562
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$24,724
Source: Public Records

Range of Values:

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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
Duarte Edvar $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duarte Edvar $30,400
Previous Owner Collins Scott R $22,800
Previous Owner Collins Scott R $967,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $38,000 -15.4% $25 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $44,900 -- $30 / 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 $1,705 $13,852 $1,218 $12,634
2023 $1,705 $13,852 $1,218 $12,634
2022 $1,586 $13,421 $1,180 $12,241
2021 $1,522 $13,421 $1,180 $12,241
2020 $1,503 $14,566 $1,177 $13,389
2019 $1,888 $22,116 $4,783 $17,333
2018 $3,333 $31,985 $4,783 $27,202
2017 $3,251 $31,985 $4,783 $27,202
2016 $2,634 $26,695 $4,732 $21,963
2015 $2,592 $26,085 $4,624 $21,461
2014 $2,546 $25,695 $4,555 $21,140
2013 $2,486 $25,695 $4,555 $21,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1220293

RMLS Alliance

APN: 11-100-347-00