NOT LISTED FOR SALE

509 Oakland Ave Morrison, IL 61270

Estimated Value: $45,000 - $65,605

1 Bed
1 Bath
776 Sq Ft
$72/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $31,000 $40 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $368/month

277 Days on Market

About This Home

As of November 2021

Same price and a brand new furnace installed in December! Own this home for less than the price of rent! This 1 bedroom home utilizes the space well with a more open layout to make it feel spacious. All of the homes mechanical systems are located in the basement leaving the main floor for living space. Enjoy the extra large lot with mature evergreens and an 8x12 shed out back. There is an enclosed front porch area great for storing coats and shoes without taking up space in the living room. Bathroom was just remodeled last year and includes a new toilet, sink & flooring. A stackable washer and dryer is located near the bathroom. The hot water heater & roof (complete tear off) were new in 2018. Newer switches, outlets & windows throughout (there is a window provided to replace the living room window). The bedroom and living room have new flooring. All appliances stay (as-is). There is a large utility room at the back of the house. A little TLC could make this a cute and charming home or rental.

Last Agent to Sell the Property

Kendra Kirk

Kophamer & Blean Realty License #475180155 Listed on: 11/28/2020

Last Buyer's Agent

Martha Kophamer

Kophamer & Blean Realty License #475125619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $782

Year Built

  • 1940

Lot Details

  • 8,712

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Cellar

Parking

  • Gravel Driveway
  • Uncovered Parking
  • On-Site Parking
  • Parking Space is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$782

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: From Rt 30, turn North on Jackson St. Take an immediate left on E Knox St. Turn Right on Oakland Ave. House is just after the top of the hill on the left.
  • Lot Size: 50X120
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished,Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Dining Room Type: Utility Room-1st Floor

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Vinyl Siding
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Number of Cars: 1
  • Driveway: Gravel
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Electric: Fuses
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 6

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 19

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 608.58
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Nov 9, 2021
Sold by
Rose Alexander L
Bought by
Peppers-Lilly Jessie R and Linder Hannah J
Seller's Agent
Kendra Kirk
Kophamer & Blean Realty
Buyer's Agent
Martha Kophamer
Kophamer & Blean Realty
Sold Price
$31,000
Current Estimated Value
$55,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,651
Avg. Annual Appreciation
19.24%
Original Mortgage
$33,333
Outstanding Balance
$30,807
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$29,689

Purchase Details

Closed on
Jun 23, 2009
Sold by
Kuehl Joseph A and Rieck Candi
Bought by
Rose Alexander L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,280
Interest Rate
4.85%
Mortgage Type
New Conventional
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
Peppers-Lilly Jessie R $31,000 None Available
Rose Alexander L $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peppers-Lilly Jessie R $33,333
Previous Owner Rose Alexander L $38,000
Previous Owner Rose Alexander L $38,280
Previous Owner Kuehl Joseph A $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $31,000 0.0% $40 / Sq Ft
10/08/2021 10/08/21 Off Market $31,000 -- --
09/01/2021 09/01/21 Pending -- -- --
08/31/2021 08/31/21 Off Market $31,000 -- --
08/12/2021 08/12/21 Pending -- -- --
08/02/2021 08/02/21 For Sale -- -- --
08/01/2021 08/01/21 Off Market $31,000 -- --
07/02/2021 07/02/21 For Sale -- -- --
06/30/2021 06/30/21 Off Market $31,000 -- --
04/29/2021 04/29/21 Price Changed $33,000 -5.7% $43 / Sq Ft
03/24/2021 03/24/21 For Sale $35,000 0.0% $45 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $35,000 0.0% $45 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $35,000 -- $45 / 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 $782 $15,587 $2,261 $13,326
2023 $684 $14,190 $2,058 $12,132
2022 $606 $13,178 $1,911 $11,267
2021 $580 $12,904 $1,871 $11,033
2020 $600 $13,148 $1,906 $11,242
2019 $609 $13,172 $2,370 $10,802
2018 $630 $13,113 $2,359 $10,754
2017 $565 $12,596 $2,266 $10,330
2016 $524 $12,149 $2,186 $9,963
2015 $557 $12,386 $2,239 $10,147
2014 $547 $12,246 $2,214 $10,032
2013 $557 $12,386 $2,239 $10,147
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10942514

Midwest Real Estate Data (MRED)

APN: 0918277026