NOT LISTED FOR SALE

418 E Chapin St Morris, IL 60450

Estimated Value: $180,000 - $217,000

2 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold July 02, 2014

Last sale price $90,000

Est. 115% increase in value since last sale

Current estimated payment $1,331/month

58 Days on Market

About This Home

As of July 2014

Purchase today and start collecting rent tomorrow. Both units rented on month to month leases. New windows, newer roof. Main floor unit has hdwd floors, oak kitchen cabinets & updated bath w/ceramic tile floor. Washer,dryer in each unit (2nd flr is in basement). All appliances stay. Storage space in basement. 1 1/2 car garage currently used by one tenant. This could easily be turned back into single family home

Last Agent to Sell the Property

Sue Ader

Coldwell Banker Real Estate Group License #475126505 Listed on: 04/14/2014

Last Buyer's Agent

Sue Ader

Coldwell Banker Real Estate Group License #475126505 Listed on: 04/14/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,852

Lot Details

  • 6,534

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Schools

  • White Oak Elementary School
  • Shabbona Middle School
  • Morris Community High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 53x122
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,852

Lot Details

0

Parking

1

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Foundation Details: Block
  • List Price: 105000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Electric
  • Water Source: Public

Schools

  • Elementary School: WHITE OAK ELEMENTARY SCHOOL
  • High School: MORRIS COMMUNITY HIGH SCHOOL
  • Middle/Junior School: SHABBONA MIDDLE SCHOOL
  • Middle/Junior School District: 54

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 53X122
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2852
  • Tax Year: 2012
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2014
Closed on
Jul 2, 2014
Sold by
Cynthia J Cynthia J
Bought by
Fitch Angela M
Seller's Agent
Sue Ader
Coldwell Banker Real Estate Group
Buyer's Agent
Sue Ader
Coldwell Banker Real Estate Group
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Current Estimated Value
$193,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,180
Avg. Annual Appreciation
7.25%
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
Fitch Angela M $90,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fitch Angela M $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $90,000 -14.3% --
06/11/2014 06/11/14 Pending -- -- --
05/30/2014 05/30/14 Price Changed $105,000 0.0% --
05/30/2014 05/30/14 For Sale $105,000 -8.7% --
05/24/2014 05/24/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $115,000 -- --
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 $3,331 $42,559 $10,383 $32,176
2023 $3,137 $40,082 $9,779 $30,303
2022 $2,893 $36,970 $9,020 $27,950
2021 $2,775 $34,963 $8,530 $26,433
2020 $2,743 $34,070 $8,312 $25,758
2019 $2,586 $32,294 $7,879 $24,415
2018 $2,546 $31,667 $7,726 $23,941
2017 $2,529 $31,667 $7,320 $24,347
2016 $2,559 $32,089 $7,263 $24,826
2015 $2,400 $30,804 $6,972 $23,832
2014 $2,336 $30,000 $6,790 $23,210
2013 $2,720 $35,730 $7,060 $28,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08585989

Midwest Real Estate Data (MRED)

APN: 05-03-306-009