NOT LISTED FOR SALE

1415 Lantern Ln Morris, IL 60450

Estimated Value: $298,000 - $368,000

4 Beds
2 Baths
1,164 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $305,000 $262 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,220/month

2 Days on Market

Highlights

  • Second Garage
  • Deck
  • Stainless Steel Appliances
  • Mature Trees
  • Raised Ranch Architecture
  • 5 Car Detached Garage

About This Home

As of July 2024

PRICED TO SELL! This charming unincorporated (low taxes) Morris residence has over 2200 total finished sq ft of living space, featuring 4 bedrooms and 2 full bathrooms. Enjoy a spacious living room on the main floor and a sprawling family room downstairs. The lower-level family room is currently being utilized as a master suite, adding versatility to the layout. With 3 bedrooms upstairs and an additional bedroom downstairs, there's ample room to accommodate various needs. The property offers two expansive detached garages: a heated 3.5 car garage with an opener, and a 2.5 car garage presently used for storage. Located in a quiet neighborhood on a generous half-acre lot, just south of the Illinois River, conveniently off Pine Bluff. New roof and siding in 2023. New tankless water heater in 2023. New sump pump in 2022. New furnace and air conditioner in 2019. Updated kitchen with all new stainless-steel appliances in 2017. All plumbing and electric updated in 2017. Selling AS-IS, but seller is including a 13-month HWA Platinum Home Warranty for added peace of mind! Don't miss this one!

Last Agent to Sell the Property

Gina Johansen

Keller Williams Infinity License #475169763 Listed on: 07/02/2024

Keller Williams Infinity

Last Buyer's Agent

Jake Tazelaar

RE/MAX Ultimate Professionals License #475204296

RE/MAX Ultimate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,529

Year Built

  • Built in 1973

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 27x36x150x180x34x195
  • Irregular Lot
  • Mature Trees

Parking

  • 5 Car Detached Garage
  • Second Garage
  • Multiple Garages
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • 1,164 Sq Ft Home
  • Raised Ranch Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Shared Well
  • Water Softener
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,529

Year Built

Built in 1973

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1973
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener
  • Basement: English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1164
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2256
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Square Footage Comments: over 2200 total finished sq ft
  • Total Sq Ft: 2328
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Block
  • Lot Features: Irregular Lot, Mature Trees
  • OtherStructures: Second Garage
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 5
  • ParkingTotal: 5
  • Driveway: Gravel
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Morris Grade School
  • High School: Morris Community High School
  • Middle/Junior School: Shabbona Middle School

Lot Info

  • Lot Size Acres: 0.51
  • Lot Dimensions: 27X36X150X180X34X195
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5529.3
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Jul 24, 2024
Sold by
Preuser Casey and Preuser Corina
Bought by
Rosales Sostenes
Seller's Agent
Gina Johansen
Keller Williams Infinity
Buyer's Agent
Jake Tazelaar
RE/MAX Ultimate Professionals
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Views
82
Current Estimated Value
$324,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,906
Avg. Annual Appreciation
4.62%
Original Mortgage
$294,200
Outstanding Balance
$290,065
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$34,841

Purchase Details

Closed on
Oct 3, 2018
Sold by
Corbett Charles and Corbett Carrie
Bought by
Preuser Casey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,535
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2016
Closed on
Nov 19, 2016
Sold by
Weatherly Deborah S and Weatherly William D
Bought by
Corbett Charles and Corbett Carrir
Seller's Agent
Tom Wawczak
Century 21 Coleman-Hornsby
Buyer's Agent
Tom Wawczak
Century 21 Coleman-Hornsby
List Price
$109,000
Sold Price
$105,500
Premium/Discount to List
-$3,500
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.27%
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rosales Sostenes $305,000 Old Republic Title
Preuser Casey H $152,000 None Available
Corbett Charles $105,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosales Sostenes $294,200
Previous Owner Preuser Casey H $153,535
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $305,000 +1.7% $262 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $299,900 +184.3% $258 / Sq Ft
12/12/2016 12/12/16 Sold $105,500 -3.2% $91 / Sq Ft View Prior Sale
11/09/2016 11/09/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $109,000 -- $94 / Sq Ft
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 $6,202 $78,338 $12,645 $65,693
2023 $5,976 $75,477 $12,183 $63,294
2022 $5,054 $69,841 $11,273 $58,568
2021 $4,881 $66,974 $10,810 $56,164
2020 $4,878 $66,311 $10,703 $55,608
2019 $4,916 $62,735 $10,126 $52,609
2018 $4,927 $61,271 $9,650 $51,621
2017 $4,509 $56,377 $8,879 $47,498
2016 $3,394 $53,367 $8,405 $44,962
2015 $3,656 $52,320 $8,240 $44,080
2014 $3,585 $51,772 $8,154 $43,618
2013 $3,258 $53,650 $8,450 $45,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12099940

Midwest Real Estate Data (MRED)

APN: 05-11-377-004