NOT LISTED FOR SALE

505 Meadow Ln Morrison, IL 61270

Estimated Value: $160,000 - $203,873

4 Beds
2 Baths
1,193 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $195,000 $163 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,349/month

3 Days on Market

Highlights

  • Wood Flooring
  • Cul-De-Sac
  • Sliding Doors
  • Granite Countertops
  • 1 Car Attached Garage
  • Central Air

About This Home

As of April 2024

Welcome to your dream home! This renovated gem is the epitome of modern comfort and style. The kitchen features solid construction shaker cabinets and stunning granite countertops (2023). Revel in the luxury of tile flooring in bathrooms and the kitchen, while the living room and dining room have real 3/4in hardwood floors topped with a high gloss finish (2023). No detail has been spared with complete bathroom remodels, new drywall, brand new trim throughout, and plush carpeting in the bedrooms and family room downstairs (2023). All interior and exterior doors replaced, along with a new furnace and A/C system installed (2023). New electrical panel (2023). New vinyl windows (2023). The exterior boasts new facia, soffit, and gutters (2023). Step outside through the new sliding patio door onto a spacious new backyard deck, offering ample space for outdoor gatherings. Don't wait another minute! Schedule a showing today. Owner is a licensed realtor.

Last Agent to Sell the Property

Callie Gottemoller

United Country Sauk Valley Realty License #475192060 Listed on: 02/23/2024

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,878

Year Built

  • Built in 1960 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 100x110
  • Cul-De-Sac

Parking

  • 1 Car Attached Garage
  • No Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,193 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms
  • Shower Body Spray

Laundry

  • Laundry in Bathroom
  • Electric Dryer Hookup

Basement

  • Partial Basement
  • Finished Basement Bathroom
  • Crawl Space

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,878

Year Built

Built in 1960 | Remodeled in 2023

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, Granite Counters
  • LivingArea: 1193
  • Other Equipment: Ceiling Fan(s), Water Heater-Gas
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1851
  • Basement Description: Crawl
  • Bathroom Amenities: Full Body Spray Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1851
  • Total Sq Ft: 1851
  • Main Level Sq Ft: 1193
  • Lower Level Sq Ft: 658
  • Door Features: Sliding Doors
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Foundation Details: Block
  • List Price: 194900
  • Lot Features: Cul-De-Sac
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Bathroom
  • 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: 100X110
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2878
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 9, 2024
Sold by
Got Realty Llc
Bought by
Precht Timothy and Precht Kylie
Seller's Agent
Callie Gottemoller
United Country Sauk Valley Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$194,900
Sold Price
$195,000
Premium/Discount to List
$100
0.05%
Views
102
Current Estimated Value
$188,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,532
Avg. Annual Appreciation
-2.18%
Original Mortgage
$178,571
Outstanding Balance
$176,176
Interest Rate
6.38%
Mortgage Type
FHA
Estimated Equity
$12,989

Purchase Details

Closed on
Mar 22, 2004
Bought by
Wagenecht Michael A
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
Precht Timothy $195,000 None Listed On Document
Wagenecht Michael A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Precht Timothy $178,571
Previous Owner Wagenecht Michael A $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $195,000 +0.1% $163 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $194,900 -- $163 / 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 $3,866 $47,390 $2,261 $45,129
2023 $3,603 $43,144 $2,058 $41,086
2022 $2,878 $40,067 $1,911 $38,156
2021 $2,793 $39,235 $1,871 $37,364
2020 $2,854 $39,978 $1,906 $38,072
2019 $2,898 $40,154 $2,762 $37,392
2018 $3,008 $39,974 $2,750 $37,224
2017 $2,773 $38,400 $2,642 $35,758
2016 $2,532 $37,037 $2,548 $34,489
2015 $2,668 $36,581 $2,609 $33,972
2014 $2,644 $36,168 $2,580 $33,588
2013 $2,668 $36,581 $2,609 $33,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11982715

Midwest Real Estate Data (MRED)

APN: 0917151003