NOT LISTED FOR SALE

603 N Lafayette St Macomb, IL 61455

Estimated Value: $50,000 - $86,293

6 Beds
4 Baths
1,793 Sq Ft
$36/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $42,000 $23 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $486/month

108 Days on Market

About This Home

As of September 2021

OWNER SELLING PROPERTY "AS-IS CONDITION WITH NO REPAIRS" Great location, corner lot close to WIU and downtown.

Last Agent to Sell the Property

Todd Gilliland

TNT Realty Group, Inc. License #475191100 Listed on: 05/25/2021

Last Buyer's Agent

Todd Gilliland

TNT Realty Group, Inc. License #475191100 Listed on: 05/25/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 10,019

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Block Basement Construction

Schools

  • Macomb High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Triplex
  • Legal Description: LOT 1 BLK 3 NORTHERN ADD
  • Lvt Date: 05/25/2021
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Number Washers: 1
  • Basement: Block, Partial, Unfinished
  • Price Per Sq Ft: 23.42
  • Total Sq Ft: 1793

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Alley, Curbs & Gutters, Gravel, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Alley, Guest Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water, Sump Pump
  • Laundry Facilities: Private
  • Number Window Units: 4

Schools

  • High School: Macomb
  • High School: Macomb

Lot Info

  • Estimated Lot Size: 60' x 169'
  • Lot Description: Corner, Level
  • Zoning: RESIDENTIAL
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 18000
  • Lease Information: 1 Year, Month-To-Month

Tax Info

  • Annual Taxes: 2619.46
  • Parcel Id Number Tax Id: 11-100-285-00
  • Tax Year: 2020

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 18000
  • 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
May 25, 2021
Closed on
Sep 8, 2021
Sold by
Teslow Richard H and Teslow Pamela K
Bought by
Cope Brett and Klochkova Diana
Seller's Agent
Todd Gilliland
TNT Realty Group, Inc.
Buyer's Agent
Todd Gilliland
TNT Realty Group, Inc.
List Price
$45,000
Sold Price
$42,000
Premium/Discount to List
-$3,000
-6.67%
Current Estimated Value
$64,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,573
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Jan 3, 2007
Sold by
Teslow Richard H and Teslow Pamela K
Bought by
Teslow Richard H and Teslow Pamela K
Source: Public Records

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
Cope Brett $42,000 None Available
Teslow Richard H -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $42,000 -6.7% $23 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $45,000 0.0% $25 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $45,000 -- $25 / 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 $1,735 $15,076 $2,798 $12,278
2023 $1,779 $14,449 $2,682 $11,767
2022 $1,654 $14,000 $2,599 $11,401
2021 $2,652 $23,392 $2,599 $20,793
2020 $2,619 $25,929 $2,593 $23,336
2019 $2,790 $29,934 $4,309 $25,625
2018 $2,670 $25,625 $4,309 $21,316
2017 $2,605 $25,625 $4,309 $21,316
2016 $2,501 $25,353 $4,263 $21,090
2015 $2,462 $24,774 $4,166 $20,608
2014 $2,357 $24,403 $4,104 $20,299
2013 $2,074 $21,438 $4,104 $17,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1225265

RMLS Alliance

APN: 11-100-285-00