NOT LISTED FOR SALE

534 Wallace Ave Morris, IL 60450

Estimated Value: $221,863 - $241,000

2 Beds
1 Bath
975 Sq Ft
$240/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $152,000 $156 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,617/month

2 Days on Market

Highlights

  • Ranch Style House
  • L-Shaped Dining Room
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of April 2019

Nice starter or retirement home. Freshly painted, roof is four years old. Comes with all appliances including washer & dryer. Two bedrooms with dual closets and built in dressers. Large living dining room has French doors to the private back yard. Galley kitchen with ample cabinetry and table space. Large laundry. Deep crawl space which has been Perma-Sealed. One car attached garage. Large patio in front of home to enjoy spring and summer evenings conversing with the neighbors. Come take a look.

Last Agent to Sell the Property

Steve Barr

Advantage Realty, Inc. License #475098445 Listed on: 02/25/2019

Last Buyer's Agent

Tana Nordaker

RE/MAX Top Properties License #475122501

RE/MAX Top Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 1958 | Remodeled in 2015

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 60x115

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 975 Sq Ft Home
  • L-Shaped Dining Room
  • Wood Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Morris Grade Elementary And Middle School
  • Morris Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,358

Year Built

Built in 1958 | Remodeled in 2015

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry
  • LivingArea: 975
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Clad Trim

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Morris Grade School
  • High School: Morris Community High School
  • Middle/Junior School: Morris Grade School

Lot Info

  • Lot Size Acres: 0.1584
  • Lot Dimensions: 60X115
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3357.5
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Apr 16, 2019
Sold by
Pbjmsquared Llc
Bought by
Guest Jacqueline C
Seller's Agent
Steve Barr
Advantage Realty, Inc.
Buyer's Agent
Tana Nordaker
RE/MAX Top Properties
List Price
$158,000
Sold Price
$152,000
Premium/Discount to List
-$6,000
-3.8%
Current Estimated Value
$234,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,466
Avg. Annual Appreciation
6.67%
Original Mortgage
$144,400
Outstanding Balance
$127,209
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$107,257

Purchase Details

Listed on
Dec 1, 2014
Closed on
Jan 30, 2015
Sold by
Ann Ann
Bought by
Pbjm Squared Llc
Seller's Agent
Steve Barr
Advantage Realty, Inc.
Buyer's Agent
Steve Barr
Advantage Realty, Inc.
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
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
Guest Jacqueline C $152,000 Chicago Title
Pbjm Squared Llc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guest Jacqueline C $144,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2019 04/16/19 Sold $152,000 -3.8% $156 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $158,000 +66.3% $162 / Sq Ft
01/30/2015 01/30/15 Sold $95,000 -12.8% $97 / Sq Ft View Prior Sale
12/03/2014 12/03/14 Pending -- -- --
12/01/2014 12/01/14 For Sale $109,000 -- $112 / 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 $4,667 $59,636 $11,633 $48,003
2023 $4,396 $56,165 $10,956 $45,209
2022 $3,585 $51,803 $10,105 $41,698
2021 $3,412 $48,990 $9,556 $39,434
2020 $3,361 $47,739 $9,312 $38,427
2019 $3,288 $45,251 $8,827 $36,424
2018 $3,568 $44,374 $8,656 $35,718
2017 $3,358 $42,041 $8,201 $33,840
2016 $3,326 $41,712 $8,137 $33,575
2015 $2,087 $40,042 $7,811 $32,231
2014 $972 $38,997 $7,607 $31,390
2013 $475 $40,550 $7,910 $32,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10281710

Midwest Real Estate Data (MRED)

APN: 05-04-251-014