NOT LISTED FOR SALE

708 E Michigan Ave Metamora, IL 61548

Estimated Value: $170,000 - $315,568

Studio
-- Bath
2,976 Sq Ft
$86/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $290,000 $97 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,611/month

49 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Level Lot
  • Metamora Grade School Rated A-

About This Home

As of October 2024

Great investment property and rare find in Metamora. 2 duplexes ranch style. Located 1 block from Metamora Grade School. Both must be sold as a package. All info reflects income and expenses for both duplexes. All units are occupied and fully applianced and will transfer to new owner. Unit 708/710/714 have newer HVAC.

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate Brokerage Email: homes@adammerrick.com License #471018071 Listed on: 06/24/2024

Last Buyer's Agent

Leslie Rothan

eXp Realty License #471020642

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,132

Year Built

  • Built in 1970

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 168x146
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,976 Sq Ft Home
  • Crawl Space

Parking

  • 8 Parking Spaces
  • Carport
  • Parking Pad

Schools

  • Metamora High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lloyd Subdivision
  • Trash Expense $720

Listing and Financial Details

  • Tenant pays for gas & electric, water
  • Assessor Parcel Number 09-17-425-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,132

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1970
  • New Construction: No
  • Structure Type: One Story
  • Attribution Contact: homes@adammerrick.com
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Interior Amenities: Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Curbs & Gutters, Paved
  • Construction Type: Brick Partial, Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Carport, Parking Pad
  • Total Parking Spaces: 8

Utilities

  • Heating: Forced Air, Gas, Central Air, Electric Water Heater
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 1500

Fee Information

  • Trash Expense: 720
  • AdvertisingExpense: 0

Schools

  • High School: Metamora

Lot Info

  • Lot Size Acres: 0.56
  • Lot Size: 168X146
  • Additional Parcels Description: 09-17-425-003
  • Parcel #: 09-17-425-002
  • CertificateOfZoning: No

Rental Info

  • Tenant Pays: Gas & Electric, Water
  • Lease Term: Variable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6132
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Oct 25, 2024
Sold by
Jennings Allen
Bought by
Sanders Albert and Sanders Tiffany
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Leslie Rothan
eXp Realty
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%
Views
28
Current Estimated Value
$255,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,108
Avg. Annual Appreciation
-9.53%
Original Mortgage
$85,000
Outstanding Balance
$84,149
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$171,743

Purchase Details

Closed on
Apr 4, 2023
Sold by
Holliger Gregory and Holliger Carol
Bought by
Jennings Allen

Purchase Details

Closed on
Nov 20, 2020
Sold by
Adams Marcus F
Bought by
Holliger Gregory and Holliger Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,060
Interest Rate
3.63%
Mortgage Type
New Conventional
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
Sanders Albert $145,000 None Listed On Document
Jennings Allen $240,000 None Listed On Document
Holliger Gregory $88,000 Cusack Gilfillan Oday Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Albert $85,000
Previous Owner Holliger Gregory $71,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $290,000 -6.5% $97 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $310,000 -- $104 / Sq Ft
Source: RMLS Alliance

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 $3,342 $36,494 $7,953 $28,541
2023 $3,066 $33,552 $7,312 $26,240
2022 $2,900 $31,116 $6,781 $24,335
2021 $2,856 $30,650 $6,679 $23,971
2020 $1,889 $20,376 $6,619 $13,757
2019 $1,883 $21,050 $6,838 $14,212
2018 $1,899 $20,924 $6,797 $14,127
2017 $1,889 $20,924 $6,797 $14,127
2016 $1,893 $20,717 $6,730 $13,987
2015 $1,689 $20,074 $6,521 $13,553
2014 $1,689 $19,536 $6,346 $13,190
2013 $1,689 $19,675 $6,391 $13,284
Source: Public Records

Agents Affiliated with this Home

  • Adam Merrick

    Seller's Agent in 2024

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    38 in this area

    4,063 Total Sales

    Adam Merrick
    Section Image
  • Leslie Rothan

    Buyer's Agent in 2024

    Leslie Rothan

    eXp Realty

    (309) 251-0485

    3 in this area

    263 Total Sales

    Leslie Rothan
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1251240

RMLS Alliance

APN: 09-17-425-002

Illinois Woodford County Metamora 61548

708 E Michigan Ave, Metamora, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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