NOT LISTED FOR SALE

514 E Macomb St Belvidere, IL 61008

Estimated Value: $296,000 - $308,000

4 Beds
3 Baths
2,216 Sq Ft
$136/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $264,900 $120 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,177/month

3 Days on Market

Highlights

  • Shed
  • Forced Air Heating System
  • 4-minute walk to Big Thunder Park

About This Home

As of October 2023

Excellent 3-family building in the heart of Belvidere. Fresh and CLEAN! Lots of updating and maintenance have been completed! Separate-utilities, 514 is a townhouse style unit with 1 bedroom and 1 bath, personal safe, gun safe, granite countertops, and island. 516 is a townhouse-style unit with 2bedrooms and 1 bath, a nice living room, and a kitchen. 518 is a ranch-style unit with 1 bedroom and 1 bath a quartz countertop, and a washer and dryer in the unit. Spotless shared basement with washer and dryer hookups. This building is top notch!

Last Agent to Sell the Property

Dianne Parvin

Berkshire Hathaway HomeServices Crosby Starck Real Estate License #475126221 Listed on: 10/16/2023

Berkshire Hathaway HomeServices Crosby Starck Real Estate

Last Buyer's Agent

Julian Mendoza

Universal Real Estate LLC License #471013859

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Lincoln Elementary School
  • Belvidere Central Middle School
  • Belvidere North High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Shed

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,277

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: Sump Pump
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Belvidere North High School
  • Middle/Junior School: Belvidere Central Middle School

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 66X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3276.96
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Jan 3, 2014
Bought by
Becker Estela and Becker John
Seller's Agent
John Murray
Key Realty
Buyer's Agent
Estela Becker
Berkshire Hathaway HomeServices Crosby Starck Real Estate
List Price
$46,900
Sold Price
$39,900
Premium/Discount to List
-$7,000
-14.93%
Current Estimated Value
$300,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,582
Avg. Annual Appreciation
18.27%
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
Becker Estela $39,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $264,900 0.0% $120 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $264,900 +563.9% $120 / Sq Ft
12/27/2013 12/27/13 Sold $39,900 0.0% $18 / Sq Ft View Prior Sale
12/19/2013 12/19/13 Pending -- -- --
12/13/2013 12/13/13 Off Market $39,900 -- --
11/26/2013 11/26/13 Price Changed $39,900 -14.9% $18 / Sq Ft
11/01/2013 11/01/13 For Sale $46,900 -- $21 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,290 $84,335 $3,844 $80,491
2023 $7,290 $36,610 $5,894 $30,716
2022 $3,277 $33,836 $5,894 $27,942
2021 $3,130 $32,250 $5,894 $26,356
2020 $3,032 $29,400 $6,214 $23,186
2019 $2,873 $45,862 $24,856 $21,006
2018 $2,917 $105,708 $85,495 $20,213
2017 $2,836 $26,655 $6,512 $20,143
2016 $2,096 $18,895 $6,406 $12,489
2015 $1,887 $16,541 $8,008 $8,533
2014 $1,028 $13,300 $8,008 $5,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11909977

Midwest Real Estate Data (MRED)

APN: 05-26-227-005