NOT LISTED FOR SALE

320 N Mcarthur St Macomb, IL 61455

Estimated Value: $109,000 - $148,000

5 Beds
-- Bath
1,624 Sq Ft
$77/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $113,000 $70 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $787/month

92 Days on Market

About This Home

As of May 2023

Investment opportunity! This property features a 5 bedrooms, 2 baths apartment in the front of the home. This unit has a great deal of living and closet space. Inside you will find a beautiful foyer with the steps leading upstairs to your right. The kitchen, dining, bathroom with a full washer and dryer, and 2 bedrooms are on the main floor. Upstairs you will find a living area, 3 bedrooms and a bathroom. The unit is fully occupied with a lease ending on July 27th 2023, with the tenants possibly wanting to renew another year at $1200/month. On the back of the property, there is a 1 bedroom, 1 bath apartment. This unit does have it's own parking and entrance. Inside you will find that the unit has had many upgrades. New flooring, new bathroom remodel, and a new addition of a washer and dryer located in the new bathroom. This unit is fully occupied with a lease ending on June 18th 2023 and is currently rented for $595/month with a $60 monthly pet rent.

Last Agent to Sell the Property

Kelsey Hicks

C21 Purdum-Epperson Inc License #475194597 Listed on: 12/21/2022

Last Buyer's Agent

Leanne Mckee

Western Illinois Realty LLC License #475140784

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,624 Sq Ft Home
  • Partial Basement

Parking

  • 4 Parking Spaces
  • Alley Access
  • On-Street Parking

Schools

  • Macomb High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Trash Expense $900

Listing and Financial Details

  • Assessor Parcel Number 11-100-132-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,050

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1925
  • New Construction: No
  • Structure Type: Duplex
  • PricePerSqFt: 69.58
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Partial

Exterior Features

  • Lot Features: Other
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, On Street
  • Total Parking Spaces: 4

Utilities

  • Heating: Electric, Forced Air, Gas, Electric Water Heater, Gas Water Heater
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 1
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 1
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2

Fee Information

  • Trash Expense: 900
  • AdvertisingExpense: 200

Schools

  • High School: Macomb

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size: 55.8 ft x 170.9 ft
  • Parcel #: 11-100-132-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2050
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17950
  • Resident Manager Expense: 3000
  • Annual Operating Expense: 4100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
May 8, 2023
Sold by
Glass Peak Properties Il Llc
Bought by
Marques Brian
Seller's Agent
Kelsey Hicks
C21 Purdum-Epperson Inc
Buyer's Agent
Leanne Mckee
Western Illinois Realty LLC
List Price
$125,000
Sold Price
$113,000
Premium/Discount to List
-$12,000
-9.6%
Views
147
Current Estimated Value
$125,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,311
Avg. Annual Appreciation
-7.08%
Original Mortgage
$84,750
Outstanding Balance
$82,816
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$12,066

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jun 23, 2020
Sold by
Lowderman Blake and Hicks Dakota
Bought by
Glass Peak Properties Il Llc
Seller's Agent
Thelma Smiddy
RE/MAX Unified Brokers
Buyer's Agent
Thelma Smiddy
RE/MAX Unified Brokers
List Price
$60,000
Sold Price
$14,000
Premium/Discount to List
-$46,000
-76.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.02%

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jun 16, 2020
Sold by
Monopoly I Llc
Bought by
Lowderman Blake and Hucks Dakota
Seller's Agent
Thelma Smiddy
RE/MAX Unified Brokers
Buyer's Agent
Thelma Smiddy
RE/MAX Unified Brokers
List Price
$60,000
Sold Price
$14,000
Premium/Discount to List
-$46,000
-76.67%

Purchase Details

Closed on
Jul 25, 2010
Sold by
Holstine William R
Bought by
Monopoly I Llc

Purchase Details

Closed on
Apr 5, 2005
Sold by
Waterman Property Development Inc
Bought by
Holstine William R
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
Marques Brian -- None Listed On Document
Glass Peak Properties Il Llc $35,000 None Available
Lowderman Blake $14,000 Attorney
Monopoly I Llc -- None Available
Holstine William R $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marques Brian $84,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $113,000 -9.6% $70 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $125,000 0.0% $77 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $125,000 +792.9% $77 / Sq Ft
06/23/2020 06/23/20 Sold $14,000 -76.7% $5 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $60,000 -- $20 / 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 $4,521 $39,298 $1,144 $38,154
2023 $2,298 $18,665 $1,096 $17,569
2022 $2,137 $18,085 $1,062 $17,023
2021 $2,050 $18,085 $1,062 $17,023
2020 $2,025 $19,100 $1,059 $18,041
2019 $3,263 $32,510 $2,549 $29,961
2018 $3,122 $29,961 $2,549 $27,412
2017 $3,045 $29,961 $2,549 $27,412
2016 $2,925 $29,644 $2,522 $27,122
2015 $2,750 $28,966 $2,464 $26,502
2014 $2,765 $28,532 $2,427 $26,105
2013 $2,701 $28,532 $2,427 $26,105
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kelsey Hicks

    C21 Purdum-Epperson Inc

    Section Image
  • Leanne Mckee

    Buyer's Agent in 2023

    Leanne Mckee

    Western Illinois Realty LLC

    (309) 734-2165

    116 Total Sales

    Leanne Mckee
    Section Image
  • Thelma Smiddy

    Seller's Agent in 2020

    Thelma Smiddy

    RE/MAX Unified Brokers

    (309) 337-9077

    92 Total Sales

    Thelma Smiddy
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1239620

RMLS Alliance

APN: 11-100-132-00

Illinois Mcdonough County Macomb 61455

320 N Mcarthur St, Macomb, IL

This home is located at 320 N Mcarthur St, Macomb, IL 61455 since 21 December 2022 and is currently estimated at $125,311, approximately $77 per square foot. This property was built in 1925. 320 N Mcarthur St 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.

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