NOT LISTED FOR SALE

407 W Second St Unit 409 MacKinaw, IL 61755

Estimated Value: $205,000 - $222,000

4 Beds
2 Baths
2,086 Sq Ft
$102/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $155,000 $74 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,569/month

2 Days on Market

About This Home

As of May 2021

Extremely well maintained duplex in fantastic location. Just steps from city park. Roof is 2 years old and newer hvac units. Updated higher end appliances. Oversized garage has been sectioned off to rent as storage unit and storage garage can easily add an additional 1400 and could easily be over an extra $2,000 per year or just keep it for personal storage. This location rents itself. Rents could be raised by $50-$100 per side and still be in-line with market rents. Open floorplan makes it seem larger than it actually is. Located across the street from 10 acre village park with playgrounds, pavilion and beautiful 9 hole disc golf course.

Last Listed By

Tim Weir

Henderson-Weir Agency Inc License #471001876 Listed on: 04/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,061

Year Built

  • Built in 1993

Lot Details

  • 0.26

Home Design

  • Duplex

Basement

  • Crawl Space

Parking

  • Garage
  • Garage Door Opener

Schools

  • Deer Creek Mackin Elementary School
  • Deer Creek Mackinaw High School

Utilities

  • High Speed Internet
  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,061

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: lot 1 Myers Ct Addition
  • Lvt Date: 04/26/2021
  • Year Built: 1993
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available, Garage Door Opener(s), Hi-Speed Internet Availbl
  • Number Dish Washers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Crawl Space
  • Price Per Sq Ft: 74.3
  • Total Sq Ft: 2086

Exterior Features

  • Exterior: Brick Partial, Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 2

Utilities

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

Schools

  • Elementary School: Deer Creek Mackin
  • Middle School: Dee-Mac
  • High School: Deer Creek Mackinaw
  • Elementary School: Deer Creek Mackin
  • High School: Deer Creek Mackinaw

Lot Info

  • Estimated Lot Size: 80x140
  • Lot Description: Level
  • Subdivision: Myers
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 16800

Tax Info

  • Annual Taxes: 4061
  • Parcel Id Number Tax Id: 13-13-18-406-015
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 18240
  • 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

MLS Schools

  • Middle School: Dee-Mac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
May 28, 2021
Sold by
Sumner Michael J
Bought by
Robbins David L
Seller's Agent
Tim Weir
Henderson-Weir Agency Inc
Buyer's Agent
Tim Weir
Henderson-Weir Agency Inc
List Price
$155,000
Sold Price
$155,000
Total Days on Market
2
Current Estimated Value
$212,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,368
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Mar 23, 2009
Sold by
Brunton Robert D
Bought by
Sumner Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

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
Robbins David L $155,000 Attorneys Ttl Guaranty Fund
Sumner Michael J $142,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Robbins David L $80,000
Previous Owner Sumner Michael J $106,000
Previous Owner Sumner Michael J $106,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $155,000 0.0% $74 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $155,000 -- $74 / 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 $4,705 $62,200 $5,170 $57,030
2023 $4,705 $57,220 $4,760 $52,460
2022 $4,441 $52,730 $4,390 $48,340
2021 $4,129 $48,570 $4,220 $44,350
2020 $4,048 $47,160 $4,100 $43,060
2019 $4,061 $47,160 $4,100 $43,060
2018 $4,020 $47,160 $4,100 $43,060
2017 $4,128 $48,660 $4,060 $44,600
2016 $4,091 $48,660 $4,060 $44,600
2015 $3,897 $0 $0 $0
2013 $3,629 $47,340 $3,950 $43,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1224299

RMLS Alliance

APN: 13-13-18-406-015