NOT LISTED FOR SALE

318 E Franklin St Unit 2 Macomb, IL 61455

Estimated Value: $69,884 - $92,000

2 Beds
2 Baths
1,192 Sq Ft
$68/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $68,500 $57 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $619/month

About This Home

As of June 2022

Well built and well maintained 2 unit duplex in a residential neighborhood. Each unit has 1 bedroom and 1 bath. Unit 1 has hardwood flooring in the living room, eat in kitchen with newer cabinetry, 10X11 bedroom and full bath. Unit 2 also has hardwood flooring in the living room, eat in kitchen, large bedroom and full bath. The units share a laundry room/furnace room but each unit has its own laundry facilities, water heater and furnace. Rents starting July 1st will be $475 a month. Owner currently pays water and trash for each unit and the mowing for the back yard. All other utilities are the responsibility of the tenant. Great investment opportunity.

Last Agent to Sell the Property

Christine Farr

Key, REALTORS License #475173975 Listed on: 05/02/2022

Last Buyer's Agent

Christine Farr

Key, REALTORS License #475173975 Listed on: 05/02/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 1932

Lot Details

  • 10,454

Home Design

  • Duplex

Basement

  • Block Basement Construction

Schools

  • Macomb High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,068

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: LOT 4 BLK 3 HOLMES 2ND ADD
  • Lvt Date: 05/03/2022
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 2
  • Basement: Block
  • Price Per Sq Ft: 57.47
  • Total Sq Ft: 1192

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Guest Parking, On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: Macomb
  • High School: Macomb

Lot Info

  • Estimated Lot Size: 55 x 172
  • Lot Description: Level
  • Zoning: R2
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Gas & Electric

Tax Info

  • Annual Taxes: 2067.8
  • Parcel Id Number Tax Id: 11-300-485-00
  • Tax Year: 2021

Multi Family

  • Total Number Units: 2
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Nixa John Michael and Oliva Annacah
Bought by
Ja Nixa Investments Llc
Current Estimated Value
$81,471

Purchase Details

Closed on
Apr 5, 2021
Sold by
Sartorius Michael R and Armstrong John T
Bought by
Michael Sartorius T and Michael John T

Purchase Details

Closed on
Sep 30, 2009
Sold by
Rathjen Daniel D and Rathjen Angela K
Bought by
Sartorius Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2007
Sold by
Waller Brian
Bought by
Rathjen Daniel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
6.16%
Mortgage Type
New Conventional
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
Ja Nixa Investments Llc -- None Listed On Document
Michael Sartorius T -- None Available
Sartorius Michael R $75,000 None Available
Rathjen Daniel D $56,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sartorius Michael R $63,000
Previous Owner Rathjen Daniel D $56,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $68,500 -4.9% $57 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $72,000 -- $60 / 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 $2,260 $19,641 $3,351 $16,290
2023 $2,317 $18,824 $3,212 $15,612
2022 $2,155 $18,238 $3,112 $15,126
2021 $2,068 $18,238 $3,112 $15,126
2020 $2,042 $21,300 $3,105 $18,195
2019 $2,036 $18,698 $3,191 $15,507
2018 $1,948 $18,698 $3,191 $15,507
2017 $1,900 $18,698 $3,191 $15,507
2016 $1,825 $18,500 $3,157 $15,343
2015 $1,796 $18,077 $3,085 $14,992
2014 $1,764 $17,807 $3,039 $14,768
2013 $1,722 $17,807 $3,039 $14,768
Source: Public Records

Agents Affiliated with this Home

  • Christine Farr

    Seller's Agent in 2022

    Christine Farr

    Key, REALTORS

    (309) 333-7274

    212 Total Sales

    Christine Farr
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Map

Source: RMLS Alliance

MLS Number: PA1233735

RMLS Alliance

APN: 11-300-485-00

Illinois Mcdonough County Macomb 61455

318 E Franklin St Unit 2, Macomb, IL

This home is located at 318 E Franklin St Unit 2, Macomb, IL 61455 since 02 May 2022 and is currently estimated at $81,471, approximately $68 per square foot. This property was built in 1932. 318 E Franklin St Unit 2 is a home located in McDonough County with nearby schools including Edison Elementary School, Lincoln 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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