NOT LISTED FOR SALE

1101 E Polk St Morton, IL 61550

Estimated Value: $349,524 - $405,000

5 Beds
4 Baths
2,690 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $238,000 $88 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,592/month

30 Days on Market

About This Home

As of June 2020

Rare investment opportunity in Morton. Well maintained duplex on a great corner lot. This 2600+ square foot duplex has a lot to offer. Unit one has 3 bedrooms, 2 full baths, main floor laundry, large kitchen, dining room, three season porch, and fully finished basement. Unit 2 has 2 bedrooms, 1.5 bathrooms, main floor laundry, large dining room, full unfinished basement, and attached 1 car garage. Call for your private showing today! This one won’t last long!

Last Agent to Sell the Property

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786 Listed on: 04/01/2020

Jim Maloof Realty, Inc.

Last Buyer's Agent

Scott Rodgers

RE/MAX Traders Unlimited License #475148656

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,207

Year Built

  • Built in 1995

Lot Details

  • 0.29

Home Design

  • Duplex

Interior Spaces

  • Storage
  • Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Garage Door Opener

Schools

  • Morton Elementary School
  • Morton High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,207

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: SEC 16 T25N R3W ACKERMAN PARK SUBD LOT 22 SE 1/4
  • Lvt Date: 04/01/2020
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Additional Storage, Cable Tv Available, Garage Door Opener(s)
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 2
  • Basement: Finished, Full
  • Price Per Sq Ft: 88.48
  • Total Sq Ft: 2690

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, 2+ Cooling Systems, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Owned Equipment, Units Hook-Ups

Schools

  • Elementary School: Morton
  • High School: Morton

Lot Info

  • Estimated Lot Size: 120x105
  • Lot Description: Level
  • Zoning: Residential
  • Subdivision: Ackerman Park
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 10800
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 5207.4
  • Parcel Id Number Tax Id: 06-06-16-423-001
  • Tax Exemptions: Homestead/Owner Occupied, Senior Freeze, Senior Homestead
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 10800
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Morton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Jun 10, 2020
Sold by
Stein Susan Gail and Meiners Cathy Ann
Bought by
Clark Ryan W and Johnson Darrin
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Scott Rodgers
RE/MAX Traders Unlimited
List Price
$249,900
Sold Price
$238,000
Premium/Discount to List
-$11,900
-4.76%
Current Estimated Value
$384,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,131
Avg. Annual Appreciation
9.20%
Original Mortgage
$166,836
Outstanding Balance
$43,636
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$340,495

Purchase Details

Closed on
Jul 22, 2005
Sold by
Ruffini Richard N
Bought by
Ruffini Trust
Source: Public Records

Range of Values:

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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
Clark Ryan W $238,000 Hometown Title
Ruffini Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Ryan W $166,836
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $238,000 -2.8% $88 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/24/2020 04/24/20 Price Changed $244,900 -2.0% $91 / Sq Ft
04/01/2020 04/01/20 For Sale $249,900 -- $93 / 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 $6,820 $99,820 $15,230 $84,590
2023 $6,820 $93,000 $14,190 $78,810
2022 $6,596 $85,410 $13,030 $72,380
2021 $6,345 $82,130 $12,530 $69,600
2020 $5,319 $81,320 $12,410 $68,910
2019 $5,305 $81,320 $12,410 $68,910
2018 $5,207 $81,320 $12,410 $68,910
2017 $5,073 $80,520 $12,290 $68,230
2016 $6,333 $95,950 $11,800 $84,150
2015 $6,085 $0 $0 $0
2013 $6,023 $95,950 $11,800 $84,150
Source: Public Records

Agents Affiliated with this Home

  • Ryan Blackorby

    Seller's Agent in 2020

    Ryan Blackorby

    Jim Maloof Realty, Inc.

    (309) 657-6787

    79 in this area

    832 Total Sales

    Ryan Blackorby
    Section Image
  • Scott Rodgers

    Buyer's Agent in 2020

    Scott Rodgers

    RE/MAX

    (309) 678-0060

    14 in this area

    513 Total Sales

    Scott Rodgers
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1213923

RMLS Alliance

APN: 06-06-16-423-001

Illinois Tazewell County Morton 61550

1101 E Polk St, Morton, IL

Not Listed for Sale

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