NOT LISTED FOR SALE

1705 W Morton Ave Jacksonville, IL 62650

Estimated Value: $526,273

-- Bed
-- Bath
3,400 Sq Ft
$155/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $350,000 $103 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,911/month

About This Home

As of November 2016

An Extraordinary Opportunity for a quality professional /office building location on West Morton Avenue! Around 3,400 sq.ft. with a deep, buildable lot for any expansion need. A fine location for your successful business to be located - in the heart of the market. Retail or Banking a good possibility as well! Lot is 150' wide with an average depth of 438'. High Traffic. High Exposure. Several Offices plus 2 large open work rooms. Office Furnishings are negotiable.

Last Agent to Sell the Property

Rich Hohmann

Hohmann Agency License #471006096 Listed on: 04/28/2015

Last Buyer's Agent

Rich Hohmann

Hohmann Agency License #471006096 Listed on: 04/28/2015

Property Details

Property Type

Other

Est. Annual Taxes

$13,643

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 102.94
  • Total Sq Ft: 3400

Lot Info

  • Zoning: B-4
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Parcel Id Number Tax Id: 0930100007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Nov 1, 2016
Sold by
Massey Massey H and Massey Connie M
Bought by
Marx Charles T
Seller's Agent
Rich Hohmann
Hohmann Agency
Buyer's Agent
Rich Hohmann
Hohmann Agency
List Price
$495,000
Sold Price
$350,000
Premium/Discount to List
-$145,000
-29.29%
Current Estimated Value
$526,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,273
Avg. Annual Appreciation
4.61%
Original Mortgage
$350,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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
Marx Charles T $350,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Marx Charles T $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2016 11/01/16 Sold $350,000 -29.3% $103 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
04/28/2015 04/28/15 For Sale $495,000 -- $146 / 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 $13,643 $156,800 $102,180 $54,620
2023 $14,599 $154,860 $102,180 $52,680
2022 $14,754 $154,860 $102,180 $52,680
2021 $14,444 $154,860 $102,180 $52,680
2020 $15,950 $167,600 $117,520 $50,080
2019 $15,834 $167,600 $117,520 $50,080
2018 $11,163 $122,510 $100,910 $21,600
2017 $10,918 $122,510 $100,910 $21,600
2016 $10,505 $116,670 $96,100 $20,570
2015 $13,803 $150,660 $93,300 $57,360
2014 $13,803 $248,790 $174,060 $74,730
2013 $21,502 $248,790 $174,060 $74,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA152517

RMLS Alliance

APN: 09-30-100-007