NOT LISTED FOR SALE

405 S Main St Morton, IL 61550

Estimated Value: $128,000 - $199,000

4 Beds
2 Baths
2,200 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $105,000 $48 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,122/month

87 Days on Market

About This Home

As of November 2021

2 Units BOTH 2 Bedroom. Excellent Income Producing Property! ALL Windows Newer, Newer Roof, Newer siding, Both bathrooms are updated and large! Kitchen on main and upper level are updated. Excellent location on Main street! This is a must see. Main unit is vacant and rented for $650. Upstairs unit is month-to-month.

Last Agent to Sell the Property

Tricia Yordy

Keller Williams Revolution License #475.157165 Listed on: 07/21/2021

Keller Williams Revolution

Last Buyer's Agent

Zachary Oyler

Keller Williams Premier Realty License #475.172173

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,012

Year Built

  • Built in 1863

Lot Details

  • 8,581

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Garage Door Opener

Schools

  • Morton Elementary School
  • Morton High School

Utilities

  • High Speed Internet

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,012

Year Built

Built in 1863

Lot Details

8,581 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: SEC 20 T25N R3W VALENTINE WICKS 1ST ADDN LOT 2 (EXC S 10) NE 1/4
  • Lvt Date: 07/21/2021
  • Year Built: 1863
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Garage Door Opener(s), Hi-Speed Internet Availbl
  • Number Dryers: 1
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 1
  • Basement: Full, Unfinished
  • Price Per Sq Ft: 47.73
  • Total Sq Ft: 2200

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Metal

Garage/Parking

  • Garage Parking: Guest Parking, On-Street Parking, Shared Garage
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Hot Water, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Gas Expense: 350
  • Laundry Facilities: Common

Schools

  • Elementary School: Morton
  • High School: Morton

Lot Info

  • Estimated Lot Size: 180 x 55
  • Lot Description: Level
  • Subdivision: V Wicks
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 13200
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 1012
  • Parcel Id Number Tax Id: 06-06-20-221-014
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 13200
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Morton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Nov 15, 2021
Sold by
Miller Larry M
Bought by
Ford Jessica B and Ford Jessica B
Seller's Agent
Tricia Yordy
Keller Williams Revolution
Buyer's Agent
Zachary Oyler
Keller Williams Premier Realty
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%
Current Estimated Value
$174,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,778
Avg. Annual Appreciation
12.74%
Original Mortgage
$92,400
Outstanding Balance
$84,692
Interest Rate
3.01%
Mortgage Type
VA
Estimated Equity
$90,086

Purchase Details

Listed on
Aug 31, 2015
Closed on
Oct 5, 2015
Sold by
Duchardt David O
Bought by
Miller Larry M
Seller's Agent
Sandy Glover
Keller Williams Premier Realty
Buyer's Agent
Tricia Yordy
Keller Williams Revolution
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
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
Ford Jessica B $105,000 Hometown Title
Miller Larry M $50,000 First Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Jessica B $92,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2021 11/15/21 Sold $105,000 -8.6% $48 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $114,900 +129.8% $52 / Sq Ft
10/05/2015 10/05/15 Sold $50,000 -28.6% $22 / Sq Ft View Prior Sale
09/20/2015 09/20/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $70,000 -- $31 / Sq Ft
Source: RMLS Alliance

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 $2,686 $39,300 $8,550 $30,750
2023 $2,686 $36,620 $7,970 $28,650
2022 $2,597 $33,630 $7,320 $26,310
2021 $1,044 $13,510 $7,040 $6,470
2020 $1,012 $13,380 $6,970 $6,410
2019 $1,009 $13,380 $6,970 $6,410
2018 $991 $13,380 $6,970 $6,410
2017 $965 $13,250 $6,900 $6,350
2016 $947 $13,250 $6,900 $6,350
2015 $888 $0 $0 $0
2013 $879 $40,690 $6,640 $34,050
Source: Public Records

Agents Affiliated with this Home

  • Tricia Yordy

    Seller's Agent in 2021

    Tricia Yordy

    Keller Williams Revolution

    (309) 360-8798

    122 in this area

    280 Total Sales

    Tricia Yordy
    Section Image
  • Zachary Oyler

    Buyer's Agent in 2021

    Zachary Oyler

    Keller Williams Premier Realty

    (309) 472-8037

    6 in this area

    225 Total Sales

    Zachary Oyler
    Section Image
  • Sandy Glover

    Seller's Agent in 2015

    Sandy Glover

    Keller Williams Premier Realty

    (309) 208-6101

    160 in this area

    402 Total Sales

    Sandy Glover
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1227139

RMLS Alliance

APN: 06-06-20-221-014

Illinois Tazewell County Morton 61550

405 S Main St, Morton, IL

Not Listed for Sale

MultiFamily

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RMLS Alliance Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Based on information submitted to the MLS GRID

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