NOT LISTED FOR SALE

505 Sunset Ln Mount Morris, IL 61054

Estimated Value: $87,000 - $109,000

2 Beds
1 Bath
1,016 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $70,000 $69 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $714/month

17 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Ceiling Fan
  • Oregon High School Rated 9+
  • Fenced Yard

About This Home

As of December 2022

CHEAPER THAN RENTING! This adorable Lustron Home is a perfect starter home or investment property. Fresh paint, newer carpeting and LVT Flooring throughout. Conveniently located next to Zickhur Park. Call for your showing today!

Last Agent to Sell the Property

Jamie Pendergrass

Re/Max of Rock Valley License #475.197443 Listed on: 11/10/2022

Re/Max of Rock Valley

Last Buyer's Agent

Rebecca Hazzard

Re/Max of Rock Valley License #471019445

Re/Max of Rock Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,016 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Laundry on main level

Kitchen

  • Electric Range
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Deck

Schools

  • Oregon Elementary School
  • Oregon Middle School
  • Oregon High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Heating System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,618

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Window Treatments
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Additional Room 5: Laundry, Dimensions: 7x12, On Level: Main
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1016
  • Front: 150
  • General Features: Deck, Laundry 1st Floor, Main Floor Master, Fenced Yard
  • Grid: O5
  • Legal Description: Per Title
  • Lot Acreage: 0.22
  • Lvt Date: 11/10/2022
  • Number of Main Level Full Bathrooms: 1
  • Rear: 150
  • Side 1: 66
  • Side 2: 66
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 110755
  • Elementary School: Oregon Elementary
  • Estimated Total Finished Sq Ft: 1016
  • Garage Type Driveway: Asphalt, Detached
  • Hold Earnest Money Y N: No
  • Pertinent Facts: CHEAPER THAN RENTING! This adorable Lustron Home is a perfect starter home or investment property. Fresh paint, newer carpeting and LVT Flooring throughout. Conveniently located next to Zickhur Park. Call for your showing today!
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1016
  • L O1 Brokerage Number: 478026891
  • S O1 Brokerage Number: 478026891
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Master Bedroom: Dimensions: 13x12.5, On Level: Main
  • Bedroom 2: Dimensions: 11.5x14, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 10x10
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 8x10, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 13.5x13
  • Price Per Sq Ft: 68.9
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Metal
  • Roof: Metal

Garage/Parking

  • Garage: 1

Utilities

  • Cooling: Wall Unit, Window Unit
  • Heating: Radiant
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Schools

  • School District: Oregon 220
  • Elementary School: Oregon Elementary
  • Middle School: Oregon
  • High School: Oregon High

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2021
  • Taxes: 1618

MLS Schools

  • HighSchool: Oregon High
  • School District: Oregon 220
  • Middle School: Oregon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 9, 2022
Sold by
Dobbs Gary and Dobbs Brenda
Bought by
Martin Ella G
Seller's Agent
Jamie Pendergrass
Re/Max of Rock Valley
Buyer's Agent
Rebecca Hazzard
Re/Max of Rock Valley
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Views
42
Current Estimated Value
$97,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,883
Avg. Annual Appreciation
10.13%

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 21, 2021
Sold by
Venezia Nicolo
Bought by
Dobbs Gary R and Dobbs Brenda L
Seller's Agent
Rebecca Hazzard
Re/Max of Rock Valley
Buyer's Agent
Lori Peterson
Re/Max of Rock Valley
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Ella G $70,000 Rrt
Dobbs Gary R $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Ella G $58,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $70,000 -12.4% $69 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $79,900 +22.9% $79 / Sq Ft
10/21/2021 10/21/21 Sold $65,000 -7.0% $64 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $69,900 -- $69 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $2,336 $24,087 $4,912 $19,175
2023 $2,141 $22,157 $4,518 $17,639
2022 $2,048 $20,348 $4,149 $16,199
2021 $1,619 $15,858 $3,845 $12,013
2020 $908 $14,762 $3,579 $11,183
2019 $829 $13,992 $3,392 $10,600
2018 $660 $12,500 $3,000 $9,500
2017 $1,273 $12,500 $3,000 $9,500
2016 $1,273 $12,500 $3,000 $9,500
2015 $1,062 $12,500 $3,000 $9,500
2014 $1,089 $10,515 $3,404 $7,111
2013 $1,325 $11,254 $3,643 $7,611
Source: Public Records

Agents Affiliated with this Home

  • Jamie Pendergrass

    Seller's Agent in 2022

    Jamie Pendergrass

    RE/MAX

    (815) 243-4310

    4 in this area

    69 Total Sales

    Section Image
  • Rebecca Hazzard

    Buyer's Agent in 2022

    Rebecca Hazzard

    RE/MAX

    (815) 509-8432

    33 in this area

    470 Total Sales

    Section Image
  • Lori Peterson

    Buyer's Agent in 2021

    Lori Peterson

    RE/MAX

    (815) 973-2180

    55 in this area

    160 Total Sales

    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202207299

NorthWest Illinois Alliance of REALTORS®

APN: 08-27-177-002

Illinois Ogle County Mount Morris 61054

505 Sunset Ln, Mount Morris, IL

This home is located at 505 Sunset Ln, Mount Morris, IL 61054 since 10 November 2022 and is currently estimated at $97,883, approximately $96 per square foot. This property was built in 1950. 505 Sunset Ln is a home located in Ogle County with nearby schools including Oregon Elementary School, David L. Rahn Junior High School, and Oregon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® 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.

Nearby Homes