NOT LISTED FOR SALE

407 W Adams St Macomb, IL 61455

Estimated Value: $44,000 - $67,000

2 Beds
2 Baths
953 Sq Ft
$61/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $20,000 $21 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $418/month

15 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 5-minute walk to Hanson Field
  • No HOA

About This Home

As of July 2023

This home is a 2 bedroom - 2 bathroom home close to WIU's campus. There is a possibility of 2 more bedrooms in the basement. Currently there is a month to month lease on this property. This property would pair nicely with the listings at 401 W Adams Street and 337 W Adams Street.

Last Agent to Sell the Property

Richard Westen

REMAX Aligned License #471.019876 Listed on: 05/03/2023

REMAX Aligned

Last Buyer's Agent

Thelma Smiddy

REMAX Aligned License #475097218

REMAX Aligned

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 37.5 x 100
  • Sloped Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 953 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Macomb Lincoln Elementary School
  • Edison Middle School
  • Macomb High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11-100-373-00

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 953
  • KitchenDining: Dining Informal,Other Kitchen/Dining

Exterior Features

  • Lot Features: Sloped
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, No Cooling
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Macomb Lincoln
  • High School: Macomb
  • Middle Or Junior School: Edison

Lot Info

  • Zoning: ASMU
  • Lot Size: 37.5 x 100
  • Parcel #: 11-100-373-00
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1362.28
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jul 28, 2023
Sold by
Collins Scott R
Bought by
Greysteele Properties Llc
Seller's Agent
Richard Westen
REMAX Aligned
Buyer's Agent
Thelma Smiddy
REMAX Aligned
List Price
$34,900
Sold Price
$20,000
Premium/Discount to List
-$14,900
-42.69%
Views
78
Current Estimated Value
$58,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,137
Avg. Annual Appreciation
51.71%
Original Mortgage
$60,000
Outstanding Balance
$58,602
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$465

Purchase Details

Closed on
Dec 3, 2007
Sold by
Houch Mitchel L
Bought by
Collins Scott R and Stc Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2007
Sold by
Thorman Gene and Thorman Susan M
Bought by
Houch Mitchell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greysteele Properties Llc $60,000 None Listed On Document
Collins Scott R $152,500 None Available
Houch Mitchell L $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greysteele Properties Llc $60,000
Previous Owner Collins Scott R $228,000
Previous Owner Houch Mitchell L $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $20,000 -42.7% $21 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $34,900 0.0% $37 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $34,900 -- $37 / Sq Ft
Source: RMLS Alliance

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 $1,428 $12,414 $485 $11,929
2023 $1,465 $11,898 $465 $11,433
2022 $1,362 $11,528 $451 $11,077
2021 $1,307 $11,528 $451 $11,077
2020 $1,638 $16,616 $2,020 $14,596
2019 $1,633 $15,000 $2,076 $12,924
2018 $1,898 $18,215 $2,076 $16,139
2017 $1,851 $18,215 $2,076 $16,139
2016 $1,778 $18,022 $2,054 $15,968
2015 $1,750 $17,610 $2,007 $15,603
2014 $1,719 $17,346 $1,977 $15,369
2013 $1,678 $17,346 $1,977 $15,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1242213

RMLS Alliance

APN: 11-100-373-00

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