NOT LISTED FOR SALE

520 E Madison St Morton, IL 61550

Estimated Value: $253,000 - $269,499

3 Beds
2 Baths
2,676 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $155,000 $58 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,747/month

83 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • Central Vacuum
  • Morton High School Rated A-
  • Garage

About This Home

As of August 2013

Character abounds in this 3 bedroom home in the heart of Morton. Gardner's paradise with many established fruits and vegetables and fenced yard. This spacious home features a large living room with surround sound and fireplace, formal dining room, master bedroom with double closets and so much more! Roeker cabinets in kitchen. Breezeway looks out over patio and garden area. Updates include vinyl siding, windows, air conditioner, and more. Basement includes family room, rec room, full bath and 2nd kitchen.

Last Agent to Sell the Property

Brittany Leman

Jim Maloof Realty, Inc. License #475116811 Listed on: 04/29/2013

Last Buyer's Agent

Chris Baumann

Jim Maloof Realty, Inc. License #475134134

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,748

Year Built

  • Built in 1942

Lot Details

  • 10,019

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property
  • Central Vacuum
  • Wired For Sound
  • Storage In Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Schools

  • Morton Elementary School

Additional Features

  • Patio
  • Fenced Yard
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,748

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Exemptions: OO
  • Legal Description: Chris Rassis 1st Addn. Lots 28 & 29
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Hood/Fan, Refrigerator, Range/Oven, Washer
  • Fireplace: Gas Logs, Wood Burning, Living Room
  • Interior Amenities: Attic Storage, Cable Tv Available, Central Vacuum, Garage Door Opener(s), Surround Sound Wiring
  • Number Fireplaces: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 15x11, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Crawl Space, Finished, Partial, Slab
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 16x11, On Level: Main, Flooring: Hardwood
  • Bedroom 3: Dimensions: 17x11, On Level: Upper, Flooring: Carpet
  • Den: Dimensions: 16x11, On Level: Upper, Flooring: Carpet
  • Family Room: Dimensions: 19x11, On Level: Basement, Flooring: Other
  • Formal Dining Room: Dimensions: 13x12, On Level: Main, Flooring: Hardwood
  • Informal Dining Room: Dimensions: 11x10, On Level: Main, Flooring: Laminate
  • Kitchen: Dimensions: 11x8, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Dining Formal, Dining Informal
  • Laundry: On Level: Basement
  • Living Room: Dimensions: 20x15, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 465
  • Rec Room: Dimensions: 22x15, On Level: Basement, Flooring: Carpet
  • Total Basement Sq Ft: 1312
  • Additional Room 1: Dimensions: 15x15, On Level: Main, Flooring: Carpet
  • Additional Room 2: Dimensions: 15x9, On Level: Basement, Flooring: Laminate
  • Price Per Sq Ft: 70.1
  • Finished Sq Ft: 2676
  • Total Sq Ft: 2211
  • Finished Main Level Sq Ft: 1453
  • Upper Level Finished Sq Ft: 758

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Fenced Yard, Patio
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer

Schools

  • Elementary School: Morton

Lot Info

  • Estimated Lot Size: 100 x 100
  • Lot Description: Level
  • Subdivision: Chris Rassi
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3748.22
  • Parcel Id Number Tax Id: 06-06-21-117-007
  • Tax Year: 2012

MLS Schools

  • High School School District: Morton
  • Middle School: Morton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2013
Closed on
Aug 19, 2013
Sold by
Kaiser David H and Kaiser Beth E
Bought by
Gashaw Daniel and Gashaw Kathryn A
Seller's Agent
Brittany Leman
Jim Maloof Realty, Inc.
Buyer's Agent
Chris Baumann
Jim Maloof Realty, Inc.
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Current Estimated Value
$258,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,941
Avg. Annual Appreciation
4.31%
Original Mortgage
$147,250
Outstanding Balance
$107,777
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$153,848
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
Gashaw Daniel $155,000 Ht M
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gashaw Daniel $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2013 08/19/13 Sold $155,000 -8.8% $58 / Sq Ft
07/21/2013 07/21/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $169,900 -- $63 / Sq Ft
Source: RMLS Alliance

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 $4,719 $75,510 $8,650 $66,860
2023 $4,719 $70,350 $8,060 $62,290
2022 $4,525 $64,600 $7,400 $57,200
2021 $4,335 $62,120 $7,120 $55,000
2020 $4,199 $61,510 $7,050 $54,460
2019 $4,187 $61,510 $7,050 $54,460
2018 $4,111 $61,510 $7,050 $54,460
2017 $4,005 $58,660 $6,720 $51,940
2016 $3,923 $58,660 $6,720 $51,940
2015 $3,772 $0 $0 $0
2013 $3,734 $58,660 $6,720 $51,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1143562

RMLS Alliance

APN: 06-06-21-117-007