NOT LISTED FOR SALE

201 W Jefferson St Morton, IL 61550

Estimated Value: $196,000 - $222,507

4 Beds
2 Baths
-- Sq Ft
0.3 Acres

Last Sold January 14, 2014

Last sale price $164,500

Est. 25% increase in value since last sale

Current estimated payment $1,550/month

138 Days on Market

About This Home

As of January 2014

HOW TO MAKE 18% RETURN ON YOUR INVESTMENT - If you purchase this property for $174,900 w/a 20% down payment of $34,980 The Home Owners Insurance would be approx $66.66 per mo. The Real Estate taxes would be $183.33 per mo. The Principle & Interest would be $923.00 (based on 20 yr mortgage @ 5%) = total mo expenses of $1173.00. Properties rents per mo: House: $1000 Apt: $600 Garage $100 = $1700.00 per mo. $1700 - $1173 = $527 per mo or $6324 per yr. Divide that by the $34,900, (down payment investment) = 18% Return on Investment & your tenants pay down your mortgage. IS YOUR 401k MAKING THAT?

Last Agent to Sell the Property

Martin & Lemkemann

RE/MAX Traders Unlimited Listed on: 07/11/2013

Last Buyer's Agent

Sharon Leathers

Coldwell Banker Real Estate Group License #475117810

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1936

Lot Details

  • 0.3

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for gas, electric, heating, cooling, water/sewer
  • The owner pays for real estate taxes, insurance, structural maintenance, internal maintenance

Property Details

Property Type

Other

Est. Annual Taxes

$2,224

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Multi-Family
  • Exemptions: Owner Occ.
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl, Wood
  • Total Sq Ft: 2061
  • Estimated Lot Sq Ft: Irregular-See Plat

Exterior Features

  • Exterior Finish: Vinyl
  • Frontage Access: Township Road
  • Insulation: Roof, Side Walls
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Garage/Parking

  • Garages: Yes
  • Numberparking Spaces Allocated: 3

Utilities

  • Cooling: Individual Units
  • Heating: Gas, Hot Water
  • Water Supply: Private Well

Lot Info

  • Estimated Number of Acres: 0.3
  • Zoning: Com & Res
  • Geo Subdivision: IL

Rental Info

  • Indiv Laundry: Yes
  • Lease Type: Gross
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Internal Maintenance
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: Month to Month

Tax Info

  • Annual Taxes: 2223.6
  • Parcel Id Number Tax Id: 06-06-20-212-003
  • Tax Incentive: None
  • Tax Year: 2012

Multi Family

  • Total Number Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2017
Sold by
Brandon Lonnie and Brandon Valeria
Bought by
Mccarty Aaron J
Current Estimated Value
$205,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Outstanding Balance
$129,052
Interest Rate
4.12%
Estimated Equity
$86,477

Purchase Details

Closed on
Jun 13, 2006
Sold by
Wanless Marion F
Bought by
Schertz Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.73%
Source: Public Records

Range of Values:

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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
Mccarty Aaron J $175,000 --
Schertz Philip $96,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarty Aaron J $154,000
Previous Owner Schertz Philip A $20,000
Previous Owner Schertz Philip $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2014 01/14/14 Sold $164,500 -11.0% --
11/26/2013 11/26/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $184,900 -- --
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 $4,942 $72,340 $16,830 $55,510
2023 $4,942 $67,390 $15,680 $51,710
2022 $4,780 $61,890 $14,400 $47,490
2021 $4,597 $59,510 $13,850 $45,660
2020 $4,456 $58,920 $13,710 $45,210
2019 $4,445 $58,920 $13,710 $45,210
2018 $4,363 $58,920 $13,710 $45,210
2017 $4,251 $58,920 $13,710 $45,210
2016 $4,526 $63,330 $13,570 $49,760
2015 $2,227 $0 $0 $0
2013 $2,204 $37,090 $6,720 $30,370
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Martin & Lemkemann

    RE/MAX

  • S

    Buyer's Agent in 2014

    Sharon Leathers

    Coldwell Banker Real Estate Group

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Map

Source: RMLS Alliance

MLS Number: RMAPA7029651

RMLS Alliance

APN: 06-06-20-212-003

Illinois Tazewell County Morton 61550

201 W Jefferson St, Morton, IL

This home is located at 201 W Jefferson St, Morton, IL 61550 since 11 July 2013 and is currently estimated at $205,502. This property was built in 1936. 201 W Jefferson St is a home located in Tazewell County with nearby schools including Morton High School, Blessed Sacrament School, and Bethel Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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