NOT LISTED FOR SALE

505 W Jefferson St Morris, IL 60450

Estimated Value: $245,000 - $276,000

4 Beds
2 Baths
1,900 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $165,000 $87 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,899/month

121 Days on Market

Highlights

  • Corner Lot
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Den
  • Bungalow

About This Home

As of May 2019

Come take a look at this well built, cute home within walking distance of downtown. You will love sitting on the enclosed front porch that is surrounded by windows. The living room has a beautiful bay window, arched doorways, tall ceilings and crown molding. There is plentiful storage which includes a huge built in closet In the hallway. This home is full of character. The basement has a double sink wash tub, workshop area, extra shower, music room and theres plenty more space to add a rec room. New hot water heater 2014, New windows throughout the home 2012 (Not including front porch) New furnace 2008. Don't let this one get away!

Last Agent to Sell the Property

Dawn Perkins

RE/MAX Top Properties License #475174604 Listed on: 12/08/2018

RE/MAX Top Properties

Last Buyer's Agent

Abbey Pool

Lori Bonarek Realty License #475129834

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,982

Year Built

  • 1938

Lot Details

  • 5,227

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,982

Year Built

1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Bungalow
  • Type Detached: 2 Stories
  • Estimated Year Built: 1938
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X16, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 10X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Den, Dimensions: 10X16, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 7X18, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1900

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: N (North)
  • Acreage: 0.1226

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 101
  • Elementary School: White Oak Elementary School
  • Middle School: White Oak Elementary School
  • High School: Morris Community High School
  • Junior High Dist: 54

Lot Info

  • Lot Dimensions: 68' X 79'
  • Lot Description: Corner
  • Parcel Identification Number: 0504459023

Tax Info

  • Taxes: 3824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2018
Closed on
May 3, 2019
Sold by
Funte Trent C and Funte Deanna L
Bought by
Farrero David P
Seller's Agent
Dawn Perkins
RE/MAX Top Properties
Buyer's Agent
Abbey Pool
Lori Bonarek Realty
List Price
$184,900
Sold Price
$165,000
Premium/Discount to List
-$19,900
-10.76%
Current Estimated Value
$263,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,071
Avg. Annual Appreciation
7.52%
Original Mortgage
$162,011
Outstanding Balance
$141,859
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$121,212
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
Farrero David P $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrero David P $162,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $165,000 -5.7% $87 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/08/2019 03/08/19 Price Changed $174,900 -2.8% $92 / Sq Ft
02/03/2019 02/03/19 Price Changed $179,900 -2.7% $95 / Sq Ft
12/08/2018 12/08/18 For Sale $184,900 -- $97 / 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 $5,982 $76,436 $9,325 $67,111
2023 $5,634 $71,987 $8,782 $63,205
2022 $4,727 $66,396 $8,100 $58,296
2021 $4,507 $62,791 $7,660 $55,131
2020 $4,444 $61,187 $7,464 $53,723
2019 $4,164 $57,997 $7,075 $50,922
2018 $4,090 $56,872 $6,938 $49,934
2017 $3,824 $53,881 $6,573 $47,308
2016 $3,784 $53,458 $6,521 $46,937
2015 $3,525 $51,318 $6,260 $45,058
2014 $3,425 $49,979 $6,097 $43,882
2013 $3,499 $51,970 $6,340 $45,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10152164

Midwest Real Estate Data (MRED)

APN: 05-04-459-023