NOT LISTED FOR SALE

502 Meadow Ln Morrison, IL 61270

Estimated Value: $151,000 - $191,000

3 Beds
2 Baths
1,500 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $153,000 $102 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,226/month

72 Days on Market

Highlights

  • Game Room
  • Living Room
  • Storage Room
  • 1 Car Attached Garage
  • Laundry Room
  • 1-Story Property

About This Home

As of June 2023

Well maintained ranch home with 3 BR.'s(one currently being used as a laundry room), 2 baths, living room with built-in shelving and dining area, kitchen with dining area, family room with gas fireplace and sliders to patio, all on main floor. Basement offers family room, game room and good storage room with laundry hook-up. One car attached garage. Extra parking pad. Nice shed and a covered patio in back yard.

Last Agent to Sell the Property

Jacqueline Woodman

Forefront Realty LLC License #471004714 Listed on: 02/22/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,739

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 25.7x75.32x104x100x96.62

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Game Room
  • Storage Room
  • Laundry Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,739

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1500
  • Room Type: Family Room, Game Room, Storage
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 149000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 2
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 6

Lot Info

  • Lot Dimensions: 25.7X75.32X104X100X96.62
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 1739.18
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2007
Sold by
Harkness Peter J
Bought by
Geerts Robert D and Geerts Shirley M
Current Estimated Value
$174,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Badtke Larry A
Bought by
Harkness Peter J
Source: Public Records

Range of Values:

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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
Geerts Robert D $106,000 None Available
Harkness Peter J $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Caitlynn $17,948
Closed Geerts Robert D $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $153,000 +2.7% $102 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
05/01/2023 05/01/23 Price Changed $149,000 -3.9% $99 / Sq Ft
03/20/2023 03/20/23 Price Changed $155,000 -3.1% $103 / Sq Ft
02/22/2023 02/22/23 For Sale $160,000 -- $107 / Sq Ft
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 $3,326 $46,771 $2,261 $44,510
2023 $1,728 $42,581 $2,058 $40,523
2022 $1,748 $39,544 $1,911 $37,633
2021 $1,739 $38,723 $1,871 $36,852
2020 $1,738 $39,456 $1,906 $37,550
2019 $1,756 $38,001 $2,762 $35,239
2018 $1,832 $37,831 $2,750 $35,081
2017 $1,771 $36,341 $2,642 $33,699
2016 $1,764 $35,051 $2,548 $32,503
2015 $1,806 $34,625 $2,609 $32,016
2014 $1,814 $34,234 $2,580 $31,654
2013 $1,806 $34,625 $2,609 $32,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11723832

Midwest Real Estate Data (MRED)

APN: 0917151010