NOT LISTED FOR SALE

405 E Jefferson St Macomb, IL 61455

Estimated Value: $60,815 - $77,000

3 Beds
2 Baths
1,674 Sq Ft
$41/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $40,500 $24 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $513/month

4 Days on Market

About This Home

As of May 2021

Located just blocks from the downtown square, this Duplex provides a great opportunity to live in one unit and rent out the other! Both units have updated water lines, sewer, electrical and water heaters. The 2 bedroom unit is currently leased at $600 and the 1 bedroom is leased at $525. (SOLD - 5-19-21 - STC to Meyers)

Last Agent to Sell the Property

Kenny Meyer

eXp Realty License #475191724 Listed on: 04/19/2021

eXp Realty

Last Buyer's Agent

Leanne Mckee

Western Illinois Realty LLC License #475140784

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1950

Lot Details

  • 6,534

Unfinished Basement

  • Block Basement Construction
  • Stone or Rock in Basement

Schools

  • Macomb High School

Listing and Financial Details

  • Tenant pays for gas & electric, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,653

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: N SI LOT 1 & LOT 2 BLK 42 OLD TOWN
  • Lvt Date: 04/19/2021
  • Year Built: 1950
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Stone, Unfinished
  • Price Per Sq Ft: 24.19
  • Total Sq Ft: 1674

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Electric
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Owned Equipment

Schools

  • High School: Macomb

Lot Info

  • Estimated Lot Size: 60X124
  • Lot Description: Corner, Level
  • Subdivision: Old Town
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric, Water
  • Gross Annual Rent Income: 13500
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 1652.6
  • Parcel Id Number Tax Id: 11-300-162-00
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 27000
  • Total Number Central Air Units: 1
  • 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

Listed on
Apr 19, 2021
Closed on
May 14, 2021
Sold by
Collins Scott R and Stc Investments
Bought by
Meyers Mark Douglas
Seller's Agent
Kenny Meyer
eXp Realty
Buyer's Agent
Leanne Mckee
Western Illinois Realty LLC
List Price
$42,000
Sold Price
$40,500
Premium/Discount to List
-$1,500
-3.57%
Current Estimated Value
$68,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,204
Avg. Annual Appreciation
12.18%

Purchase Details

Closed on
Jul 24, 2009
Sold by
Medlock Ronald N and Medlock Donna K
Bought by
Collins Scott R and Stc Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Meyers Mark Douglas $40,500 None Available
Collins Scott R $379,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Scott R $383,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $40,500 -3.6% $24 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $42,000 -- $25 / 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 $1,834 $15,941 $3,351 $12,590
2023 $1,881 $15,278 $3,212 $12,066
2022 $1,749 $14,803 $3,112 $11,691
2021 $1,678 $14,803 $3,112 $11,691
2020 $1,658 $17,873 $3,105 $14,768
2019 $1,653 $15,176 $3,191 $11,985
2018 $2,655 $25,480 $3,191 $22,289
2017 $2,590 $25,480 $3,191 $22,289
2016 $2,487 $25,210 $3,157 $22,053
2015 $2,448 $24,634 $3,085 $21,549
2014 $2,404 $24,265 $3,039 $21,226
2013 $2,347 $24,265 $3,039 $21,226
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kenny Meyer

    eXp Realty

    Section Image
  • Leanne Mckee

    Buyer's Agent in 2021

    Leanne Mckee

    Western Illinois Realty LLC

    (309) 734-2165

    15 in this area

    111 Total Sales

    Leanne Mckee
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1224044

RMLS Alliance

APN: 11-300-162-00

Illinois Mcdonough County Macomb 61455

405 E Jefferson St, Macomb, IL

Not Listed for Sale

MultiFamily

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