NOT LISTED FOR SALE

504 E North St Morris, IL 60450

Estimated Value: $281,951 - $298,000

4 Beds
2 Baths
2,200 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $185,000 $84 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,020/month

177 Days on Market

About This Home

As of July 2019

CHARMING 2 UNIT INVESTMENT PROPERTY WALKING DISTANCE TO HISTORIC DOWNTOWN MORRIS AND IMMACULATE CONCEPTION CHURCH AND SCHOOL. TWO CAR GARAGE. UNITS SHARE THE GARAGE WITH EACH HAVING 1 SPACE. BOTH UNITS HAVE BEEN RECENTLY UPDATED. FIRST FLOOR UNIT HAS 2 BEDROOMS, FORMAL DINING ROOM, HARDWOOD FLOORS THROUGHOUT AND ON SITE LAUNDRY. SECOND FLOOR UNIT HAS 2 BEDROOMS, HARDWOOD FLOORING IN LIVING AREA AND STACKABLE WASHER AND DRYER IN UNIT. FULLY RENTED.

Last Agent to Sell the Property

Mary Roth

Advantage Realty, Inc. License #475114347 Listed on: 11/11/2018

Last Buyer's Agent

Kim Garretson

Century 21 Coleman-Hornsby License #475109783

Century 21 Coleman-Hornsby

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,483

Year Renovated

  • 2013

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 64x121x64x121

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • White Oak Elementary School
  • Morris Community High School

Additional Features

  • Property is near park
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $20,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,483

Year Renovated

2013

Lot Details

0

Parking

2

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
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2013
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

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

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights

Schools

  • Elementary School: White Oak Elementary School
  • High School: Morris Community High School
  • Middle/Junior School: White Oak Elementary School

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 64X121X64X121
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 20640
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4482.68
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2018
Closed on
Jul 1, 2019
Sold by
Roth Judith A
Bought by
Castaneda Rutilio and Castaneda Jessica
Seller's Agent
Mary Roth
Advantage Realty, Inc.
Buyer's Agent
Kim Garretson
Century 21 Coleman-Hornsby
List Price
$198,000
Sold Price
$185,000
Premium/Discount to List
-$13,000
-6.57%
Current Estimated Value
$288,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,488
Avg. Annual Appreciation
6.99%
Original Mortgage
$115,000
Outstanding Balance
$101,120
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$187,368
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Castaneda Rutilio $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castaneda Rutilio $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2019 07/01/19 Sold $185,000 -2.6% $84 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $189,900 -4.1% $86 / Sq Ft
11/11/2018 11/11/18 For Sale $198,000 +163.6% $90 / Sq Ft
02/22/2012 02/22/12 Sold $75,100 +21.1% $34 / Sq Ft View Prior Sale
01/18/2012 01/18/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $62,000 -- $28 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,232 $79,624 $12,513 $67,111
2023 $5,869 $74,990 $11,785 $63,205
2022 $5,413 $69,166 $10,870 $58,296
2021 $5,191 $65,411 $10,280 $55,131
2020 $5,133 $63,741 $10,018 $53,723
2019 $4,838 $60,418 $9,496 $50,922
2018 $4,763 $59,246 $9,312 $49,934
2017 $4,483 $56,130 $8,822 $47,308
2016 $4,440 $55,690 $8,753 $46,937
2015 $2,138 $53,461 $8,403 $45,058
2014 $2,027 $52,066 $8,184 $43,882
2013 $2,061 $54,140 $8,510 $45,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10135157

Midwest Real Estate Data (MRED)

APN: 05-03-311-013