NOT LISTED FOR SALE

520 S Johnson St Macomb, IL 61455

Estimated Value: $65,000 - $82,000

3 Beds
3 Baths
1,656 Sq Ft
$44/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $50,000 $30 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $454/month

113 Days on Market

About This Home

As of November 2022

Investment opportunity on the south side of Macomb! There are 3 units located at this property. Two -1 bedroom apartments are located upstairs. On the main level, there is a 1 bedroom with the possibility of 2 extra bedrooms with the addition of egress windows added. Unit A is occupied with a lease until next summer at $450/month, with no utilities included. Unit B is occupied with a lease until next summer at $450/ month, with no utilities. Unit 3 has a lease until January 2024 for $500/month, no utilities included. This property has received many upgrades in the past year. A new roof was put on Spring of 2021, Unit B and C has had Luxury Vinyl Plank flooring and new carpet with fresh paint throughout. With all three units rented, this makes a great investment property! Management has updated all alarms and has been passed by the city inspector. Behind the home is a one bedroom house that had caught fire and deemed a total loss and will need torn down.

Last Agent to Sell the Property

Kelsey Hicks

C21 Purdum-Epperson Inc License #475194597 Listed on: 07/05/2022

Last Buyer's Agent

Kelsey Hicks

C21 Purdum-Epperson Inc License #475194597 Listed on: 07/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 1920

Lot Details

  • 10,454

Basement

  • Crawl Space

Schools

  • Macomb High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,520

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Triplex | Apartment Building
  • Legal Description: LOT 8 BLK 5 CHASE ADD
  • Lvt Date: 07/06/2022
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Basement: Crawl Space
  • Price Per Sq Ft: 30.19
  • Total Sq Ft: 1656

Exterior Features

  • Exterior: Vinyl Siding, Wood Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 3

Utilities

  • Heating Cooling: Electric, Forced Air, Gas
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 58

Schools

  • High School: Macomb

Lot Info

  • Estimated Lot Size: 60x173
  • Lot Description: Level
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Management Expense: 2160

Tax Info

  • Annual Taxes: 1520.18
  • Parcel Id Number Tax Id: 11-400-459-00
  • Tax Year: 2021

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 11400
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Nov 29, 2022
Sold by
Karami Kavian
Bought by
Valderrama Rudy E and Valderrama Blanca O
Seller's Agent
Kelsey Hicks
C21 Purdum-Epperson Inc
Buyer's Agent
Kelsey Hicks
C21 Purdum-Epperson Inc
List Price
$58,000
Sold Price
$50,000
Premium/Discount to List
-$8,000
-13.79%
Views
108
Current Estimated Value
$72,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,723
Avg. Annual Appreciation
12.98%

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 5, 2021
Sold by
Collins Scott R and Stc Investments
Bought by
Karami Kavian
Seller's Agent
Richard Westen
REMAX Aligned
Buyer's Agent
Kenny Meyer
eXp Realty
List Price
$39,900
Sold Price
$34,000
Premium/Discount to List
-$5,900
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.50%

Purchase Details

Closed on
Dec 28, 2007
Sold by
Csrd Llc
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
$113,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2005
Sold by
Rector Apts Llc
Bought by
Freetly & Hunziker Enterprises Llc
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
Valderrama Rudy E $50,000 --
Karami Kavian $34,000 None Available
Collins Scott R $85,000 None Available
Freetly & Hunziker Enterprises Llc $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Scott R $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2022 11/30/22 Sold $50,000 -12.3% $30 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
09/28/2022 09/28/22 Price Changed $57,000 -1.7% $34 / Sq Ft
09/23/2022 09/23/22 For Sale $58,000 0.0% $35 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $58,000 -3.3% $35 / Sq Ft
08/08/2022 08/08/22 For Sale $60,000 0.0% $36 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $60,000 +76.5% $36 / Sq Ft
01/06/2021 01/06/21 Sold $34,000 -14.8% $11 / Sq Ft View Prior Sale
12/18/2020 12/18/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $39,900 -- $12 / 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 $2,226 $19,347 $4,184 $15,163
2023 $2,282 $18,542 $4,010 $14,532
2022 $1,525 $12,908 $3,885 $9,023
2021 $1,520 $13,408 $3,885 $9,523
2020 $2,294 $24,309 $3,876 $20,433
2019 $2,287 $24,981 $3,983 $20,998
2018 $3,603 $34,576 $3,983 $30,593
2017 $3,514 $34,576 $3,983 $30,593
2016 $3,375 $34,210 $3,941 $30,269
2015 $3,322 $33,428 $3,851 $29,577
2014 $3,263 $32,927 $3,793 $29,134
2013 $3,185 $32,927 $3,793 $29,134
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kelsey Hicks

    C21 Purdum-Epperson Inc

    Section Image
  • Richard Westen

    Seller's Agent in 2021

    Richard Westen

    REMAX Aligned

    (309) 837-2273

    193 in this area

    215 Total Sales

    Richard Westen
    Section Image

  • K

    Buyer's Agent in 2021

    Kenny Meyer

    eXp Realty

    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1235776

RMLS Alliance

APN: 11-400-459-00

Illinois Mcdonough County Macomb 61455

520 S Johnson St, Macomb, IL

Not Listed for Sale

MultiFamily

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