NOT LISTED FOR SALE

508 N Cherry St Morrison, IL 61270

Estimated Value: $139,000 - $179,000

3 Beds
3 Baths
1,700 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $116,000 $68 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,113/month

337 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Attached Garage
  • Main Floor Bedroom
  • Den
  • Storage Room

About This Home

As of February 2020

Immaculately kept and maintained home and yard. The main floor of this home offers, large master bedroom with full bath, living room, eat-in kitchen with built-in range, microwave, and dishwasher, formal dining room, family room, full bath and great storage. Lots of hardwood flooring throughout. The walk-out basement offers, family area, large bedroom with 1/2 bath, utility area, laundry hook-up, shower, and more storage. The garage is tucked under with a 10 X 11 shop area- all is insulated and heated. Large fenced yard. 10 X 14 outdoor shed. All appliances included (refrigerator, stove, microwave, dishwasher, washer and dryer) but not warranted. This home has had many updates. A must see!

Last Agent to Sell the Property

Jacqueline Woodman

Forefront Realty LLC License #471004714 Listed on: 03/05/2019

Last Buyer's Agent

Jenny Kirchner

Re/Max of Rock Valley License #475180511

Re/Max of Rock Valley

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • 9,583

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Wood Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Den
  • Workroom
  • Bonus Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 10
  • Living Room: Dimensions: 10X16, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: Water-Softener Owned, TV-Cable, Ceiling Fan
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X21, On Level: Main Level
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level
  • Additional Rooms: Bonus, Den, Storage, Workroom
  • Master Bedroom: Dimensions: 12X17, On Level: Main Level
  • Additional Room 1 Name: Other, Dimensions: 5X8, On Level: Basement
  • Additional Room 2 Name: Bonus, Dimensions: 7X7, On Level: Basement
  • Bedroom 2: Dimensions: 9X10, On Level: Main Level
  • Additional Room 3 Name: Den, Dimensions: 10X14, On Level: Basement
  • Bedroom 3: Dimensions: 12X17, On Level: Walkout Basement
  • Additional Room 4 Name: Storage, Dimensions: 4X6, On Level: Basement
  • Additional Room 5 Name: Work Rm, Dimensions: 5X8, On Level: Basement
  • Estimated Sq Ft: 1700
  • Family Room: Dimensions: 19X17, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Wood Shakes/Shingles
  • Acreage: 0.22

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric

Schools

  • Junior High Dist: 6

Lot Info

  • Lot Dimensions: 75 X129
  • Parcel Identification Number: 09182760020000

Tax Info

  • Taxes: 2842.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Feb 15, 2020
Sold by
Lambdin Amy J
Bought by
Anderson Tammy S
Seller's Agent
Jacqueline Woodman
Forefront Realty LLC
Buyer's Agent
Jenny Kirchner
Re/Max of Rock Valley
List Price
$124,900
Sold Price
$116,000
Premium/Discount to List
-$8,900
-7.13%
Current Estimated Value
$164,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,795
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Jul 31, 2008
Sold by
Geerts Robert Dale and Geerts Shirley M
Bought by
Lambdin Dean E and Lambdin Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,775
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anderson Tammy S $116,000 None Available
Lambdin Dean E $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambdin Dean E $99,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2020 02/18/20 Sold $116,000 -3.3% $68 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
11/23/2019 11/23/19 Price Changed $119,900 -4.0% $71 / Sq Ft
09/13/2019 09/13/19 For Sale $124,900 +7.7% $73 / Sq Ft
09/05/2019 09/05/19 Off Market $116,000 -- --
06/18/2019 06/18/19 Price Changed $124,900 -3.8% $73 / Sq Ft
03/05/2019 03/05/19 For Sale $129,900 -- $76 / 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 $2,987 $44,256 $2,261 $41,995
2023 $2,739 $40,291 $2,058 $38,233
2022 $2,030 $28,661 $1,911 $26,750
2021 $1,831 $24,268 $1,871 $22,397
2020 $3,081 $36,675 $1,906 $34,769
2019 $2,947 $34,724 $1,702 $33,022
2018 $3,060 $34,568 $1,694 $32,874
2017 $2,842 $33,206 $1,627 $31,579
2016 $2,218 $32,027 $1,569 $30,458
2015 $2,339 $32,809 $1,607 $31,202
2014 $2,317 $32,438 $1,589 $30,849
2013 $2,339 $32,809 $1,607 $31,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10298383

Midwest Real Estate Data (MRED)

APN: 0918276002