NOT LISTED FOR SALE

508 W Lincoln St Mount Morris, IL 61054

Estimated Value: $120,000 - $147,773

2 Beds
1 Bath
1,835 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $97,000 $53 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $911/month

1 Day on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Oregon High School Rated 9+
  • Patio
  • Water Softener

About This Home

As of May 2022

SOLD BEFORE RELEASE. 960 sq ft Ranch with 2 bedrooms, finished basement, fenced in yard, covered patio. Roof only 1 year old, all appliances stay and hardwood floors.

Last Agent to Sell the Property

Mark True

Re/Max of Rock Valley License #475102306 Listed on: 03/31/2022

Re/Max of Rock Valley

Last Buyer's Agent

Mark True

Re/Max of Rock Valley License #475102306 Listed on: 03/31/2022

Re/Max of Rock Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,216

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Washer

Kitchen

  • Electric Range
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,216

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, CO Detectors, Smoke Detectors
  • Road Frontage: City/Town
  • Type: City/Town, Subdivision
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 960
  • Estate: Yes
  • Estimated Below Grade Finished Sq Ft: 875
  • Exemptions: Owner, Senior, Senior Freeze
  • Front: 66
  • General Features: Home Warranty, L.L. Finished Space, Main Floor Master, Patio, Laundry Basement, Fenced Yard
  • Grid: O5
  • Legal Description: Per Title
  • Lot Acreage: 0.2
  • Lvt Date: 04/01/2022
  • Number of Main Level Full Bathrooms: 1
  • Rear: 66
  • Side 1: 135
  • Side 2: 135
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 3842
  • Egress: No
  • Elementary School: Oregon Elementary
  • Estimated Total Finished Sq Ft: 1835
  • Garage Type Driveway: Asphalt, Attached
  • Hold Earnest Money Y N: No
  • Pertinent Facts: SOLD BEFORE RELEASE. 960 sq ft Ranch with 2 bedrooms, finished basement, fenced in yard, covered patio. Roof only 1 year old, all appliances stay and hardwood floors.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 960
  • L O1 Brokerage Number: 478026891
  • S O1 Brokerage Number: 478026891
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: Dimensions: 14x10, On Level: Main
  • Basement: Finished
  • Bedroom 2: Dimensions: 12.5x12.5, On Level: Main
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 10x8, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 18x10
  • Price Per Sq Ft: 52.86
  • Recreation Room: Yes, On Level: Lower, Dimensions: 21x12
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Aluminum
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Schools

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

Tax Info

  • Year: 2021
  • Taxes: 1216

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 18, 2022
Sold by
Phillip T Short Trustee
Bought by
Rager Jennifer A
Seller's Agent
Mark True
Re/Max of Rock Valley
Buyer's Agent
Mark True
Re/Max of Rock Valley
List Price
$97,000
Sold Price
$97,000
Current Estimated Value
$123,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,492
Avg. Annual Appreciation
7.17%
Original Mortgage
$95,171
Outstanding Balance
$90,776
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$30,638
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
Rager Jennifer A $97,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rager Jennifer A $95,171
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $97,000 0.0% $53 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $97,000 -- $53 / 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 $2,817 $34,892 $4,604 $30,288
2023 $2,022 $32,096 $4,235 $27,861
2022 $1,182 $29,475 $3,889 $25,586
2021 $1,198 $27,317 $3,604 $23,713
2020 $1,217 $25,430 $3,355 $22,075
2019 $1,218 $24,104 $3,180 $20,924
2018 $1,191 $22,740 $3,000 $19,740
2017 $1,195 $22,740 $3,000 $19,740
2016 $1,196 $22,740 $3,000 $19,740
2015 $1,227 $22,740 $3,000 $19,740
2014 $1,333 $23,144 $3,404 $19,740
2013 $1,480 $24,771 $3,643 $21,128
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mark True

    RE/MAX

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202201787

NorthWest Illinois Alliance of REALTORS®

APN: 08-27-332-005

Illinois Ogle County Mount Morris 61054

508 W Lincoln St, Mount Morris, IL

This home is located at 508 W Lincoln St, Mount Morris, IL 61054 since 31 March 2022 and is currently estimated at $130,943, approximately $71 per square foot. 508 W Lincoln St 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.

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