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Morrison 61270
202 Ash Avenue
$119,500
● House - Off Market

202 Ash Avenue

Morrison, IL 61270
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,502 Ft²
$120,833
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Well maintained home that's ready for you to move right into! It has a one stall attached garage and a storage shed in the back.  The nice sized living room has a large picture window that brings in lots of natural light.  The basement is unfinished but has a sink/toilet and shower.  Windows were replaced in 2007.  Roof was replaced in 2005. Furnace/CAC new in 2007.  Water heater replaced in 2009. This property is being sold "AS IS".
Unit Size
1,502 Ft²
Days on Market
-
Land Size
-
Price per sqft
$80
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11384291)

Price History

Date / Event Date Event Price
May 23, 2022 Sold
Premium
Sold
Apr 25, 2022 Listed by Kophamer & Blean Realty $119,900
Listed by Kophamer & Blean Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,193
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BULL & DYKEMA RESUB
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: BULL & DYKEMA RESUB EX ELY 10' OF NLY 15' LOT 9 200800X

Neighborhood

  • School District Name: Morrison Community Unit School District 6
  • Census Tract: 000300

Geography

  • Account Number: 111805
  • District: 08
  • Parcel: 0918431002
  • Lot: 9
  • Municipality: MT PLEASANT
  • Latitude: 41.8056
  • Longitude: -89.9613

    Address

  • Full Address: 202 Ash Ave
  • Address - House Number: 202
  • Address - Street Name: Ash
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Morrison
  • Carrier Code: C002
  • 4-Digit Zip Code: 2701
  • Zip Code: 61270

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $119,084
  • Tax Rate Code Area: 00805

    Appraisal Valuation

  • Standard Deviation: 0.1245
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 75
  • Final Value: 114,616
  • High Value: 128,893
  • Low Value: 100,338

    Market Valuation

  • Market Total Value: $101,685
  • Market Land Value: $5,733
  • Market Improvement Value: $95,952

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,895
  • Assessed Land Value: $1,911
  • Assessed Improvements Value: $31,984

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3143
  • Previous Sale Recording Date: Feb 01, 2003
  • Previous Sale Contract Date: Feb 01, 2003
  • Previous Sale Amount: $73,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Morrison

Stats & Trends

Median Asking:

$139,500

Sale Price/ft²

$91

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1679 ft²

Average Home Age

101.7 years

Currently For Sale

11 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Suzi Mills, Kophamer & Blean Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11384291
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 202 Ash Avenue built and last sold?
The property at 202 Ash Avenue was built in and last sold on May 17, 2022 for $119,500.
How much is this home worth?
The estimated value of the home located at 202 Ash Avenue is $123,020.
What are some comparable homes to 202 Ash Avenue?
There are currently no comparable homes to 202 Ash Avenue.
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