NOT LISTED FOR SALE

501 E Adams St Morton, IL 61550

Estimated Value: $119,000 - $185,093

4 Beds
3 Baths
2,096 Sq Ft
$68/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $75,000 $36 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $918/month

70 Days on Market

Highlights

  • Corner Lot
  • 3 Car Detached Garage
  • Two Heating Systems
  • Morton High School Rated A-
  • Zoned Cooling
  • Fenced

About This Home

As of January 2021

Amazing opportunity to own investment property in Morton! Mostly brick 1.5 story home that includes 2 units with detached garage and a small home in back of lot. Main level unit features 2 bedrooms, 1 full bath, dining room, living room, enclosed porch, and full unfinished basement. New A/C 2019, New roof on main house and garage 2018. Upper level is a 1 bedroom/1 bath unit. Home in back is 1 bedroom/1 bath unit on slab. Nice corner lot with fenced in yard. Price reflects being sold as is/no warranties.

Last Agent to Sell the Property

Holly Salter

Keller Williams Premier Realty License #475.168897 Listed on: 10/06/2020

Keller Williams Premier Realty

Last Buyer's Agent

Bryson Smith

Keller Williams Premier Realty License #471.021236

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 80 x 124
  • Fenced
  • Corner Lot

Home Design

  • 2,096 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Detached Garage
  • Common or Shared Parking
  • Alley Access

Schools

  • Morton High School

Utilities

  • Zoned Cooling
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • Mary E. Campbell Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 06-06-21-122-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,994

Year Built

Built in 1924

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1924
  • New Construction: No
  • Structure Type: Conversion
  • Special Features: None

Interior Features

  • Basement: Full, Block, Unfinished
  • Total Bedrooms: 4

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Road Surface Type: Alley Paved, Paved
  • Construction Type: Brick Partial, Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, Detached, Common
  • Total Parking Spaces: 3

Utilities

  • Cooling: Zoned
  • Heating: Heating Systems - 2+, Natural Gas, Radiant, Gas Water Heater
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Morton

Lot Info

  • Lot Size: 80 X 124
  • Parcel #: 06-06-21-122-007

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3994.22
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Jan 29, 2021
Sold by
Pollow Charles L and Pollow Carol A
Bought by
C5 Properties Llc
Seller's Agent
Holly Salter
Keller Williams Premier Realty
Buyer's Agent
Bryson Smith
Keller Williams Premier Realty
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$143,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,023
Avg. Annual Appreciation
13.44%
Original Mortgage
$92,000
Outstanding Balance
$82,141
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$60,882
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
C5 Properties Llc $75,000 Hometown Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C5 Properties Llc $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $75,000 0.0% $36 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $75,000 0.0% $36 / Sq Ft
12/09/2020 12/09/20 Price Changed $75,000 -24.9% $36 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $99,900 -- $48 / 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 $2,086 $30,530 $8,650 $21,880
2023 $2,086 $28,440 $8,060 $20,380
2022 $2,017 $26,120 $7,400 $18,720
2021 $4,131 $53,480 $7,120 $46,360
2020 $4,005 $52,950 $7,050 $45,900
2019 $3,994 $52,950 $7,050 $45,900
2018 $3,921 $52,950 $7,050 $45,900
2017 $3,820 $50,490 $6,720 $43,770
2016 $3,747 $50,490 $6,720 $43,770
2015 $3,616 $0 $0 $0
2013 $3,580 $50,490 $6,720 $43,770
Source: Public Records

Agents Affiliated with this Home

  • Holly Salter

    Seller's Agent in 2021

    Holly Salter

    Keller Williams Premier Realty

    (309) 642-0973

    4 in this area

    12 Total Sales

    Holly Salter
    Section Image
  • Bryson Smith

    Buyer's Agent in 2021

    Bryson Smith

    Keller Williams Premier Realty

    (309) 657-7004

    29 in this area

    1,587 Total Sales

    Bryson Smith
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1219552

RMLS Alliance

APN: 06-06-21-122-007

Illinois Tazewell County Morton 61550

501 E Adams 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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