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110 South Liberty Avenue

110 South Liberty Avenue, Morton, IL 61550
Property in Morton
Sold May 29, 2015
$137,500
$123,750 by Mortgage Services Iii Llc
Mortgage
Sold Aug 10, 2010
$135,500
$133,699 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2040
Local assessors in Morton, IL have categorized 110 South Liberty Avenue as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1977. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 110 South Liberty Avenue has a total of 1,168 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 432 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 110 South Liberty Avenue was last sold in May 22, 2015 for $137,500. According to our calculations, that's $39.24 per sqft. Prior to that sales transaction, the property was sold for $135,500 in Jul 30, 2010. Current property owners are expected to pay $3,095 in taxes per year. The property on 110 South Liberty Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $50,180. To break that down further, the land itself was valued at $8,060. While improvements to the property were assessed at a total of $42,120. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,168
  • Garage Type: Detached
  • Garage Square Area: 432
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,504
  • Gross Building Area: 3,504
  • Building Area: 1,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: D MOSIMANS 1ST ADDN
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 17 T25N R3W D MOSIMANS 1ST ADDN LOT 4 SE 1/4

Ownership

  • Current Owner : REAKTENWALT EHRICA D
  • Previous Owner : REIS ANDREW D
  • Previous Owner 2: REIS ALANNA
  • Owner Before Previous Owner: DELLINGER ARIC G
  • Owner Before Previous Owner 2: DELLINGER KIMBERLY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morton Community Unit School District 709
  • Census Tract: 021604

Geography

  • District: 060
  • Section: 17
  • Parcel: 06-06-17-412-002
  • Lot: 4
  • Meridian: SEC 17 TWN 25N RNG 03W
  • Municipality: MORTON
  • Latitude: 40.6129
  • Longitude: -89.4662

    Address

  • Full Address: 110 S Liberty Ave
  • Address - House Number: 110
  • Street Direction: S
  • Address - Street Name: Liberty
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Morton
  • Carrier Code: C012
  • 4-Digit Zip Code: 1822
  • Zip Code: 61550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,095
  • Tax Rate Code Area: 06002

    Appraisal Valuation

  • Standard Deviation: 0.2357
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 67
  • Final Value: 180,829
  • High Value: 223,456
  • Low Value: 138,201

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $128,750
  • First Open Lien Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Open Lien Mortgage Recording Date: May 29, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $123,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Open Lien Mortgage Recording Date: May 29, 2015
  • Second Open Lien Mortgage Loan Amount: $5,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $150,540
  • Market Land Value: $24,180
  • Market Improvement Value: $126,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,180
  • Assessed Land Value: $8,060
  • Assessed Improvements Value: $42,120

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2015
  • Current Sale Recording Date: May 29, 2015
  • Current Sale Transaction ID: 1208935404
  • Current Sale Price: $137,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015008157
  • Previous Sale Recording Date: Aug 10, 2010
  • Previous Sale Contract Date: Jul 30, 2010
  • Previous Sale Amount: $135,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Mortgage Transaction Date: May 29, 2015
  • First Mortgage Loan Amount: $123,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Mortgage Loan Amount: $5,000
  • Second Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 10, 2010
  • Previous Mortgage Loan Amount: $133,699
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2040

About Morton



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Frequently Asked Questions

What neighborhood is 110 South Liberty Avenue located in?
The 110 South Liberty Avenue is a located in the neighborhood of Morton in Morton, Morton.
What is the average sales price for listings in 110 South Liberty Avenue?
The average sales price for units in 110 South Liberty Avenue is $0 currently.

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