NOT LISTED FOR SALE

516 S Mathis Ave Morton, IL 61550

Estimated Value: $199,000 - $227,000

2 Beds
1 Bath
1,826 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $154,000 $84 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,379/month

17 Days on Market

Highlights

  • Home Office
  • Sitting Room
  • Shed
  • Morton High School Rated A-
  • Laundry Room
  • Central Air

About This Home

As of January 2022

Move in ready! Adorable 2 bedroom, 1 bath house on deep 50 x 150 fenced lot within walking distance to downtown and schools. Open kitchen, dining area with large walk in pantry. Main level 14 x 16 master bedroom. Upstairs has 1 bedroom and sitting/reading/ play area with a large closet separating the 2 rooms. Bookshelves and built ins. Sitting room/office off living room. All appliances stay including washer and dryer that are only 1 year old. New oak hardwood floors on main level in 2021. Bathroom remodel in 2019. New 10 x 12 shed with loft in 2021. Unfinished basement has shower and lots of room for storage. Owner will accommodate private showings for serious inquiries only. Prequalification or pre-approval letter required for showing. Easy access to I-155 and I-74.

Last Agent to Sell the Property

Steven Koleno

Spot Real Estate License #471019159 Listed on: 11/17/2021

Last Buyer's Agent

Penny Wilson

Coldwell Banker Real Estate Group License #475132743

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50 x148
  • Fenced

Parking

  • 1 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,826 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Home Office
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Jefferson Elementary School
  • Morton Jr High Middle School
  • Morton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,594

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Unfinished, Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1826
  • Room Type: Office, Sitting Room
  • Estimated Total Finished Sq Ft: 1226
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1826

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Jefferson Elementary
  • High School: Morton High School
  • Middle/Junior School: Morton Jr High

Lot Info

  • Lot Dimensions: 50 X148
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2593.56
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Mullins Matthew D
Bought by
Leuchtenberg Nicholas J
Current Estimated Value
$212,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,520
Outstanding Balance
$163,668
Interest Rate
7.33%
Mortgage Type
New Conventional
Estimated Equity
$48,568

Purchase Details

Listed on
Nov 17, 2021
Closed on
Jan 4, 2022
Sold by
Lockwood Andrew G
Bought by
Mullins Matthew D
Seller's Agent
Steven Koleno
Spot Real Estate
Buyer's Agent
Penny Wilson
Coldwell Banker Real Estate Group
List Price
$159,900
Sold Price
$154,000
Premium/Discount to List
-$5,900
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$159,544
Interest Rate
2.75%
Mortgage Type
VA

Purchase Details

Closed on
May 13, 2010
Sold by
Coelho Sherry and Coelho Naldo B
Bought by
Lockwood Andrew G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,705
Interest Rate
5.16%
Mortgage Type
New Conventional
Source: Public Records
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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
Leuchtenberg Nicholas J $206,900 Hometown Title
Mullins Matthew D $154,000 Hometown Title
Lockwood Andrew G $124,000 Hometown Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leuchtenberg Nicholas J $165,520
Previous Owner Mullins Matthew D $159,544
Previous Owner Lockwood Andrew G $117,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2022 01/04/22 Sold $154,000 -3.7% $84 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $159,900 -- $88 / 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 $3,354 -- -- --
2023 $3,354 -- -- --
2022 $3,354 $0 $0 $0
2021 $2,681 $40,700 $5,630 $35,070
2020 $2,594 $40,290 $5,570 $34,720
2019 $2,427 $38,170 $5,570 $32,600
2018 $2,382 $38,170 $5,570 $32,600
2017 $2,321 $36,400 $5,310 $31,090
2016 $2,272 $36,400 $5,310 $31,090
2015 $2,177 $0 $0 $0
2013 $2,155 $36,400 $5,310 $31,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11272389

Midwest Real Estate Data (MRED)

APN: 06-06-20-225-005