NOT LISTED FOR SALE

318 E Franklin St Unit 2 Macomb, IL 61455

Estimated Value: $71,000 - $88,000

2 Beds
2 Baths
1,192 Sq Ft
$65/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2022

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

Est. 13% increase in value since last sale

Current estimated payment $495 / mo

11 Days on Market

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 #475.173975 Listed on: 05/02/2022

Last Buyer's Agent

Christine Farr

Key, REALTORS License #475.173975 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

10,454 Sq Ft Lot

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Bought by
Current Estimated Value
$77,201

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 23, 2022
Sold by
Bought by
Seller's Agent
Christine Farr
Key, REALTORS
Buyer's Agent
Christine Farr
Key, REALTORS
List Price
$72,000
Sold Price
$68,500
Premium/Discount to List
-$3,500
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$60,280
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2021
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 2009
Sold by
Bought by

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
Bought by

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:

--
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Available
$75,000 None Available
$56,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $60,280
Previous Owner $63,000
Previous Owner $56,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,377 $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

    148 in this area

    193 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

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RMLS Alliance All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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