NOT LISTED FOR SALE

50 Painter Ln Macomb, IL 61455

Estimated Value: $205,000 - $241,000

4 Beds
2 Baths
3,334 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $142,000 $43 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,591/month

5 Days on Market

About This Home

As of August 2022

This 4 bedroom, 2 1/2 bath homes sits on 5 lots out in Melwood Estates. With nearly 3,000 sq total, this home has lots of space and is ready for you to make it your own. The main level has a formal dining room and living room as well as a family room and great room each with a fireplace. The original 2 car garage was converted into a 17 X 20 great room with Pine plank flooring and a gas/LP fireplace. All 4 bedrooms are upstairs. The primary bedroom has an unfinished bathroom. The previous family utilized the partially finished basement for a rec room. Home has a main floor dedicated laundry room, attached screened porch and a giant 4 car attached garage. This is a great opportunity for someone who is willing to do a little work.

Last Agent to Sell the Property

Christine Farr

Key, REALTORS License #475173975 Listed on: 06/22/2022

Last Buyer's Agent

Robin Briney

Key, REALTORS License #471002337

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,219

Year Built

  • Built in 1973

Lot Details

  • 0.42

Parking

  • Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Screened Porch
  • Sump Pump

Kitchen

  • Oven or Range
  • Microwave

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,219

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: SALE INCLUDES LOTS 45,46,47,49 AND 50
  • Lvt Date: 06/22/2022
  • Year Built: 1973
  • Conversion: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Microwave Oven, Range/Oven, Refrigerator
  • Fireplace: Gas Lighter, Wood Burning, Family Room, Great Room
  • Number Fireplaces: 2
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 17x10, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Poured
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 13.3x10.5, On Level: Upper, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 12x12, On Level: Upper, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 9x15.5, On Level: Upper, Flooring: Carpet
  • Bedroom 4 Egress Window: Yes
  • Family Room: Dimensions: 17x12.5, On Level: Main, Flooring: Hardwood
  • Formal Dining Room: Dimensions: 10.3x14.7, On Level: Main, Flooring: Carpet
  • Great Room: Dimensions: 17.6x20, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 18x9.5, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining Formal, Eat-In Kitchen, Galley
  • Laundry: On Level: Main
  • Living Room: Dimensions: 10.11x15.6, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 900
  • Rec Room: Dimensions: 32x27, On Level: Basement, Flooring: Carpet
  • Total Basement Sq Ft: 986
  • Price Per Sq Ft: 72.01
  • Finished Sq Ft: 3334
  • Total Sq Ft: 1972
  • Finished Additional Sq Ft: 462
  • Finished Main Level Sq Ft: 986
  • Upper Level Finished Sq Ft: 986

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Porch/Screened
  • Road Access: Paved
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Cars: 4
  • Number Of Garage Remotes: 2

Utilities

  • Heating Cooling: Electric, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer, Sump Pump

Condo/Co-op/Association

  • Association Annual Fee: 25
  • Annual Mandatory Association: Yes

Lot Info

  • Estimated Lot Size: See Plats
  • Lot Description: Corner, Level, Extra Lot
  • Zoning: Residential
  • Subdivision: Melwood
  • Additional Assessor Parcel Numbers: PART OF 07-001-145-00
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 4218.56
  • Parcel Id Number Tax Id: 07-001-150-00
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2022

MLS Schools

  • High School School District: Macomb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 28, 2022
Sold by
Porter Cecil E
Bought by
Miguel Nicholas and Effler Justina
Seller's Agent
Christine Farr
Key, REALTORS
Buyer's Agent
Robin Briney
Key, REALTORS
List Price
$139,000
Sold Price
$142,000
Premium/Discount to List
$3,000
2.16%
Current Estimated Value
$220,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,725
Avg. Annual Appreciation
13.81%
Original Mortgage
$115,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2020
Sold by
Porter Cecil Earl and Porter Cecil E
Bought by
Porter Cecil E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
3.35%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 2, 2020
Sold by
Porter Sharilee Ann
Bought by
Porter Cecil Ear
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
Miguel Nicholas -- None Listed On Document
Porter Cecil E -- Fnc Title Services Llc
Porter Cecil Ear -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Miguel Nicholas $115,000
Closed Porter Cecil E $238,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2022 08/02/22 Sold $142,000 +2.2% $43 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $139,000 -- $42 / 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 $5,223 $61,139 $3,760 $57,379
2023 $5,485 $59,123 $3,636 $55,487
2022 $5,580 $55,951 $3,441 $52,510
2021 $4,219 $54,848 $3,373 $51,475
2020 $4,135 $57,355 $3,323 $54,032
2019 $4,051 $54,032 $3,323 $50,709
2018 $3,956 $54,777 $3,369 $51,408
2017 $3,886 $54,777 $3,369 $51,408
2016 $3,811 $54,786 $3,978 $50,808
2015 $3,796 $54,190 $3,935 $50,255
2014 $3,980 $54,190 $3,935 $50,255
2013 $3,834 $51,122 $3,712 $47,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1235388

RMLS Alliance

APN: 07-001-150-00