NOT LISTED FOR SALE

325 E North St Morris, IL 60450

Estimated Value: $262,000 - $317,000

5 Beds
5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold August 01, 2014

Last sale price $185,000

Est. 56% increase in value since last sale

Current estimated payment $2,036/month

1 Day on Market

About This Home

As of August 2014

Great Income Property! Fully Leased & Well Maintained. Good location in town. Seller moving out of the area and willing to part with this good cash flow property.

Last Agent to Sell the Property

Mike Fleming

Marquette Properties, Inc License #475130622 Listed on: 05/19/2014

Co-Listed By

Peter Fleming

Marquette Properties, Inc License #471007276

Last Buyer's Agent

Mike Fleming

Marquette Properties, Inc License #475130622 Listed on: 05/19/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,439

Lot Details

  • 7,405

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 5 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 62x120
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,439

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 62X120
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 4439.3
  • Tax Year: 2012

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,Coach House

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2014
Closed on
Jul 29, 2014
Sold by
Trust Number 1496
Bought by
Butterfield Gregory
Seller's Agent
Mike Fleming
Marquette Properties, Inc
Buyer's Agent
Mike Fleming
Marquette Properties, Inc
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Current Estimated Value
$287,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,743
Avg. Annual Appreciation
3.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Butterfield Gregory -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2014 08/01/14 Sold $185,000 -2.1% --
05/20/2014 05/20/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $189,000 -- --
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 $6,400 $81,774 $12,105 $69,669
2023 $6,027 $77,014 $11,400 $65,614
2022 $5,559 $71,033 $10,515 $60,518
2021 $5,331 $67,177 $9,944 $57,233
2020 $5,271 $65,462 $9,690 $55,772
2019 $4,969 $62,049 $9,185 $52,864
2018 $4,892 $60,846 $9,007 $51,839
2017 $4,604 $57,646 $8,533 $49,113
2016 $4,560 $57,194 $8,466 $48,728
2015 $4,277 $54,904 $8,127 $46,777
2014 $4,164 $53,471 $7,915 $45,556
2013 $4,233 $55,600 $8,230 $47,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08619180

Midwest Real Estate Data (MRED)

APN: 05-03-351-005