NOT LISTED FOR SALE

1226 Wauponsee St Morris, IL 60450

Estimated Value: $252,000 - $486,187

6 Beds
5 Baths
-- Sq Ft
0.39 Acres

Last Sold March 13, 2024

Last sale price $447,500

Est. 13% decrease in value since last sale

Current estimated payment $2,740/month

6 Days on Market

About This Home

As of March 2024

Rare investment opportunity offered in a beautiful historic Morris neighborhood. 3 homes with a total of 4 rentals located on one property. 1226, the larger 2 story home is divided into two units and has been nearly a complete renovation. The 2 bed/2bath unit in 1226 was torn down to the studs and is a brand new build. The second unit in 1226 has several upgrades as well. 1224 is a single family, 2 bed, 1 bath ranch home that was newly remodeled in 2024. 1228 is a single family, 1 bed, 1 bath ranch home. 3 units have laundry on-site. A list of updates on all units is available. 3 of the properties are currently rented. The newly remodeled unit is ready for a brand new occupant. Located close to schools, swimming pool, shopping, dining and walking distance to downtown Morris.

Last Agent to Sell the Property

Teresa Kief

Century 21 Coleman-Hornsby License #475177786 Listed on: 01/16/2024

Century 21 Coleman-Hornsby

Last Buyer's Agent

Sara Macak

Real Broker, LLC License #475193648

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,070

Year Built

  • Built in 1920 | Remodeled in 2023

Lot Details

  • 0.39

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Schools

  • Morris Grade Elementary And Middle School
  • Morris Community High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 120x141
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Insurance Expense $3,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,070

Year Built

Built in 1920 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 449000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Other

Garage/Parking

  • Parking Features: Unassigned, Off Street, Driveway
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Elementary School: Morris Grade School
  • High School: Morris Community High School
  • Middle/Junior School: Morris Grade School
  • Middle/Junior School District: 54

Lot Info

  • Lot Dimensions: 120X141
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Multi Family

  • Insurance Expense: 3300
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 7069.81
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 12, 2024
Sold by
Jc Southmor Properties Llc
Bought by
Duggins Ryan D
Seller's Agent
Teresa Kief
Century 21 Coleman-Hornsby
Buyer's Agent
Sara Macak
Real Broker, LLC
List Price
$449,000
Sold Price
$447,500
Premium/Discount to List
-$1,500
-0.33%
Views
128
Current Estimated Value
$387,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,203
Avg. Annual Appreciation
-8.79%
Original Mortgage
$358,000
Outstanding Balance
$352,012
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$35,285

Purchase Details

Listed on
Aug 16, 2019
Closed on
Oct 17, 2019
Sold by
American Ashford Llc
Bought by
Jc Southmor Properties Llc
Seller's Agent
Lorrie Toler
Keller Williams Infinity
Buyer's Agent
Teresa Kief
Century 21 Coleman-Hornsby
List Price
$196,000
Sold Price
$192,000
Premium/Discount to List
-$4,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.15%
Original Mortgage
$250,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2019
Sold by
Gabel Jacob and Gabel Elizabeth N
Bought by
American Ashland Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Duggins Ryan D $447,500 None Listed On Document
Jc Southmor Properties Llc $192,000 Chicago Title
American Ashland Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duggins Ryan D $358,000
Previous Owner Jc Southmor Properties Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2024 03/13/24 Sold $447,500 -0.3% --
01/23/2024 01/23/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $449,000 +133.9% --
10/18/2019 10/18/19 Sold $192,000 -2.0% -- View Prior Sale
09/01/2019 09/01/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $196,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $8,139 $103,994 $21,693 $82,301
2023 $7,665 $97,941 $20,430 $77,511
2022 $7,070 $90,334 $18,843 $71,491
2021 $6,780 $85,430 $17,820 $67,610
2020 $6,220 $83,249 $17,365 $65,884
2019 $5,838 $78,909 $16,460 $62,449
2018 $5,739 $77,379 $16,141 $61,238
2017 $5,376 $73,310 $15,292 $58,018
2016 $5,321 $72,735 $15,172 $57,563
2015 $3,720 $69,824 $14,565 $55,259
2014 $2,334 $68,002 $14,185 $53,817
2013 $2,282 $70,710 $14,750 $55,960
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11961190

Midwest Real Estate Data (MRED)

APN: 05-04-276-021