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3 Cedar Drive

3 Cedar Drive, Macomb, IL 61455
Property in Macomb City
Sold Apr 27, 2020
$30,000
$20,000 by First Bankers Trust Co Na
Mortgage Due Apr 20, 2025
3 Cedar Drive in Macomb, IL was first built in 1975 and is 49 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. 3 Cedar Drive has 702 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,420 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 264 sqft. There is one available parking space. The exterior walls of the home are made of materials we are unsure of. The property was last sold in Apr 16, 2020 for $30,000. That's $42.74 per sqft. 3 Cedar Drive was last assessed in 2022. The total value of the property was assessed at $28,470. Specifically, the land the property is located on was valued at $1,410. While improvements on the property were assessed at a total of $27,060. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,364. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Exterior Walls Type: Other
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,420
  • Total Building Area: 702
  • Building Area: 702
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 702
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY PARK ADD
  • Land Acres: 0.261
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 3 BLK B 1ST & 2ND RESUB OF BLOCK B IN 2ND RESUB OF A PART OF LOT 1-A UNIVERSITY PARK ADD

Ownership

  • Current Owner : MILLER JEFFREY D
  • Current Owner 2: MILLER LISA J
  • Previous Owner : MYERS SHARON S

Neighborhood

  • School District Name: Macomb Community Unit School District 185
  • Census Tract: 010402

Geography

  • Parcel: 11-101-468-00
  • Block: B
  • Lot: 3,1-A
  • Municipality: MACOMB CITY
  • Latitude: 40.4683
  • Longitude: -90.6963

    Address

  • Full Address: 3 Cedar Dr
  • Address - House Number: 3
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Macomb
  • Carrier Code: C014
  • 4-Digit Zip Code: 1247
  • Zip Code: 61455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,364
  • Tax Rate Code Area: 11001

    Appraisal Valuation

  • Standard Deviation: 0.0968
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 80
  • Final Value: 86,681
  • High Value: 95,077
  • Low Value: 78,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $20,000
  • First Open Lien Mortgage Lender: FIRST BANKERS TRUST CO NA
  • First Open Lien Mortgage Recording Date: Apr 27, 2020
  • First Open Lien Mortgage Loan Amount: $20,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 20, 2025

    Market Valuation

  • Market Total Value: $85,410
  • Market Land Value: $4,230
  • Market Improvement Value: $81,180

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,470
  • Assessed Land Value: $1,410
  • Assessed Improvements Value: $27,060

    Sales

  • Current Sale Contract Date: Apr 16, 2020
  • Current Sale Recording Date: Apr 27, 2020
  • Current Sale Transaction ID: 11759686701
  • Current Sale Price: $30,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-0986

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANKERS TRUST CO NA
  • First Mortgage Transaction Date: Apr 27, 2020
  • First Mortgage Loan Amount: $20,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Apr 20, 2025

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Frequently Asked Questions

What neighborhood is 3 Cedar Drive located in?
The 3 Cedar Drive is a located in the neighborhood of Macomb City in Macomb, Macomb.
What is the average sales price for listings in 3 Cedar Drive?
The average sales price for units in 3 Cedar Drive is $0 currently.

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