Tracy Shuman
Re/Max Professional Advantage
(815) 393-2816
151 Total Sales
10 in Mount Morris
$42K - $175K Price Range
109 E Main St Mount Morris, IL 61054
Mount Morris AreaEstimated Value: $142,000 - $173,000
4
Beds
4
Baths
2,392
Sq Ft
$65/Sq Ft
Est. Value
Highlights
- Deck
- Baseboard Heating
- Washer and Dryer
- Wheelchair Access
- Coin Laundry
About This Home
As of December 2021Over $20,000 in ANNUAL INCOME with a 13% Cap Rate! 4 UNIT APARTMENT BUILDING! Looking for turn key investment property? Look no further! This property features a 4 unit apartment complex. All units are rented with excellent rental history. All units are one bedroom/one bathroom. There is also a coin laundry on site. Call today for more information on this income property!
Last Agent to Sell the Property
Re/Max of Rock Valley License #471019445 Listed on: 06/03/2021
Last Buyer's Agent
Merri Cruz
Re/Max of Rock Valley License #475186760
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,478
Lot Details
- 8,407
Home Design
- Shingle Roof
- Siding
Interior Spaces
- 2,392 Sq Ft Home
- 2-Story Property
- Stove
- Washer and Dryer
- Basement
Schools
- Oregon Elementary School
- David L Rahn Jr High Middle School
- Oregon High School
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
- Separate Water Meter
- Gas Water Heater
Additional Features
- Wheelchair Access
- Deck
Community Details
Overview
- 4 Units
- 2-Story Building
Amenities
- Coin Laundry
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2021
Closed on
Dec 21, 2021
Sold by
Bought by
Seller's Agent
Rebecca Hazzard
Re/Max of Rock Valley
Buyer's Agent
Merri Cruz
Re/Max of Rock Valley
List Price
$115,000
Sold Price
$102,750
Premium/Discount to List
-$12,250
-10.65%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,478
Avg. Annual Appreciation
9.54%
Purchase Details
Listed on
Apr 12, 2017
Closed on
Jun 16, 2017
Sold by
Bought by
Seller's Agent
Mark True
Re/Max of Rock Valley
Buyer's Agent
Douglas Weber
Bird Realty
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$77,510
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.25%
Mortgage Type
Future Advance Clause Open End Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mount Morris, IL
-
Tracy Shuman
-
Sandy Ortiz-Ramirez
Sandy Ortiz-Ramirez
Realty of America, LLC
(773) 572-0782
146 Total Sales
1 in Mount Morris
$115,550 Price
-
JD Gieson
JD Gieson
Responds QuicklyRE/MAX of Rock Valley
(815) 456-8596
491 Total Sales
9 in Mount Morris
$132K - $180K Price Range
-
Kimberly Taylor
Kimberly Taylor
NextHome First Class
(815) 908-5519
803 Total Sales
1 in Mount Morris
$77,500 Price
-
Steven Niemczyk
Steven Niemczyk
Door to Door Realty
(779) 256-5447
81 Total Sales
2 in Mount Morris
$95,555 Price Range
-
Tracey DeCrane
Tracey DeCrane
RE/MAX Town Lake & Country
(815) 706-3940
101 Total Sales
3 in Mount Morris
$50K - $83K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $103,000 | None Available | ||
| $95,000 | -- | ||
| $70,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $18,646 | ||
| Previous Owner | $77,510 | ||
| Previous Owner | $82,668 | ||
| Previous Owner | $86,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/27/2021 12/27/21 | Sold | $102,750 | -5.7% | $43 / Sq Ft | |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- | |
| 07/12/2021 07/12/21 | Price Changed | $109,000 | -5.2% | $46 / Sq Ft | |
| 06/03/2021 06/03/21 | For Sale | $115,000 | +21.1% | $48 / Sq Ft | |
| 06/16/2017 06/16/17 | Sold | $95,000 | -13.6% | -- | View Prior Sale |
| 05/07/2017 05/07/17 | Pending | -- | -- | -- | |
| 04/12/2017 04/12/17 | For Sale | $109,900 | -- | -- |
Source: NorthWest Illinois Alliance of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,298 | $45,799 | $3,169 | $42,630 |
| 2024 | $4,298 | $44,317 | $4,528 | $39,789 |
| 2023 | $3,940 | $40,766 | $4,165 | $36,601 |
| 2022 | $3,769 | $37,438 | $3,825 | $33,613 |
| 2021 | $3,541 | $34,697 | $3,545 | $31,152 |
| 2020 | $3,478 | $33,549 | $3,355 | $30,194 |
| 2019 | $3,299 | $31,800 | $3,180 | $28,620 |
| 2018 | $3,044 | $30,000 | $3,000 | $27,000 |
| 2017 | $3,128 | $30,717 | $2,800 | $27,917 |
| 2016 | $2,365 | $23,221 | $2,800 | $20,421 |
| 2015 | $2,407 | $23,221 | $2,800 | $20,421 |
| 2014 | $2,468 | $23,825 | $3,404 | $20,421 |
| 2013 | $2,474 | $25,500 | $3,643 | $21,857 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Hazzard
Seller's Agent in 2021
Rebecca Hazzard
RE/MAX
(815) 509-8432
436 Total Sales
-
M
Buyer's Agent in 2021
Merri Cruz
RE/MAX
-
M
Seller's Agent in 2017
Mark True
Re/Max of Rock Valley
-
Douglas Weber
Buyer's Agent in 2017
Douglas Weber
Bird Realty
(815) 222-5806
50 Total Sales
Map
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202102687
APN: 08-26-302-005
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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