NOT LISTED FOR SALE

1904 W Morton Ave Jacksonville, IL 62650

Estimated Value: $233,509

-- Bed
-- Bath
-- Sq Ft
0.96 Acres

Last Sold August 22, 2019

Last sale price $290,000

Est. 19% decrease in value since last sale

Current estimated payment $1,714/month

About This Home

As of August 2019

Never Before Available----- 250' (+/-) frontage--- Average depth of 168' +/---- Selling for LAND Value only due to extensive fire damage to bldg--- Possibility of Additional Rear Ground Availability (Separate ownership)--- TWO Wide Entrances off of Morton Ave.--- Morton Ave --- 60' (+/-) wide with Center Turn Lane, recently resurfaced--- Plus valuable SIDE OUTLET (via easement) to Massey Lane --- Commercially Zoned--- Location, Location, Location on pathway to Walmart--- High Traffic - High Visibility Site--- Easy Right Turn In--- Under $9 psf

Last Agent to Sell the Property

Rich Hohmann

Hohmann Agency License #471006096 Listed on: 11/15/2018

Last Buyer's Agent

Rich Hohmann

Hohmann Agency License #471006096 Listed on: 11/15/2018

Property Details

Property Type

Other

Est. Annual Taxes

$5,801

Lot Details

0

Listing Details

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

Interior Features

  • Estimated Lot Sq Ft: 42,000 sq.ft.

Lot Info

  • Estimated Number of Acres: 0.96
  • Zoning: Commercial
  • Estimated Land Size: 250 x avg 168
  • Geo Subdivision: IL
  • Irregular Lot: No

Rental Info

  • Sale Lease Includes: Land

Tax Info

  • Parcel Id Number Tax Id: 08-24-404-036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
A & B Properties 1 Llc
Bought by
Tm & Jm Commercial Properties Llc
Current Estimated Value
$233,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$193,342
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$40,167

Purchase Details

Listed on
Nov 15, 2018
Closed on
Aug 22, 2019
Sold by
Flynn Larry J and Flynn Edward J
Bought by
A & B Properties 1 Llc
Seller's Agent
Rich Hohmann
Hohmann Agency
Buyer's Agent
Rich Hohmann
Hohmann Agency
List Price
$375,000
Sold Price
$290,000
Premium/Discount to List
-$85,000
-22.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.41%
Original Mortgage
$475,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Tm & Jm Commercial Properties Llc $200,000 --
A & B Properties 1 Llc $290,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tm & Jm Commercial Properties Llc $200,000
Previous Owner A & B Properties 1 Llc $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2019 08/22/19 Sold $290,000 -22.7% --
06/13/2019 06/13/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $375,000 -- --
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 $5,801 $97,990 $97,990 $0
2023 $6,285 $66,670 $66,670 $0
2022 $6,352 $66,670 $66,670 $0
2021 $9,808 $105,150 $97,990 $7,160
2020 $10,820 $113,700 $112,700 $1,000
2019 $11,290 $119,500 $112,700 $6,800
2018 $11,066 $121,450 $120,450 $1,000
2017 $11,974 $134,360 $120,450 $13,910
2016 $11,522 $127,960 $114,710 $13,250
2015 $11,273 $123,040 $110,300 $12,740
2014 $11,273 $121,820 $109,210 $12,610
2013 $10,528 $121,820 $109,210 $12,610
Source: Public Records

Agents Affiliated with this Home

  • Rich Hohmann

    Seller's Agent in 2019

    Rich Hohmann

    Hohmann Agency

    (217) 248-2827

    9 in this area

    11 Total Sales

    Rich Hohmann
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Map

Source: RMLS Alliance

MLS Number: RMACA190164

RMLS Alliance

APN: 08-24-404-036

Illinois Morgan County Jacksonville 62650

1904 W Morton Ave, Jacksonville, IL

Not Listed for Sale

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