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305 East Tyler Street

305 East Tyler Street, Morton, IL 61550
Property in Morton
Sold Sep 01, 2011
$125,000
$121,733 by Pnc Mortgage Llc
Mortgage Due Sep 01, 2041
Sold Jun 30, 2005
$123,000
$121,833 by National City Mortgage Co
Mortgage
305 East Tyler Street in Morton, IL was first built in 1945 and is 79 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 305 East Tyler Street has 1,176 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 7,800 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 616 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 305 East Tyler Street was last sold in Aug 22, 2011 for $125,000. According to our calculations, that's $34.08 per sqft. Prior to that sales transaction, the property was sold for $123,000 in Jun 16, 2005. Current property owners are expected to pay $2,740 in taxes per year. The property on 305 East Tyler Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $45,170. To break that down further, the land itself was valued at $9,140. While improvements to the property were assessed at a total of $36,030. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1945
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • 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: 840
  • Garage Type: Attached
  • Garage Square Area: 616
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,668
  • Gross Building Area: 3,668
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELSLEYS 4TH ADDN
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 16 T25N R3W BELSLEYS 4TH ADDN LOT 2 SW 1/4

Ownership

  • Current Owner : ROBERTSON MARY
  • Previous Owner : MCCORD SHAUNA B
  • Owner Before Previous Owner: RUMBOLD MICHAEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morton Community Unit School District 709
  • Census Tract: 021603

Geography

  • District: 060
  • Section: 16
  • Parcel: 06-06-16-312-018
  • Block: 312
  • Lot: 2
  • Meridian: SEC 16 TWN 25N RNG 03W
  • Municipality: MORTON
  • Latitude: 40.6155
  • Longitude: -89.4545

    Address

  • Full Address: 305 E Tyler St
  • Address - House Number: 305
  • Street Direction: E
  • Address - Street Name: Tyler
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morton
  • Carrier Code: C002
  • 4-Digit Zip Code: 1655
  • Zip Code: 61550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,740
  • Tax Rate Code Area: 06002

    Appraisal Valuation

  • Standard Deviation: 0.2779
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 188,866
  • High Value: 241,360
  • Low Value: 136,372

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,733
  • First Open Lien Mortgage Lender: PNC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 01, 2011
  • First Open Lien Mortgage Loan Amount: $121,733
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2041

    Market Valuation

  • Market Total Value: $135,510
  • Market Land Value: $27,420
  • Market Improvement Value: $108,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,170
  • Assessed Land Value: $9,140
  • Assessed Improvements Value: $36,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 2011
  • Current Sale Recording Date: Sep 01, 2011
  • Current Sale Transaction ID: 1178910063
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201100015626
  • Previous Sale Recording Date: Jun 30, 2005
  • Previous Sale Contract Date: Jun 16, 2005
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 01, 2011
  • First Mortgage Loan Amount: $121,733
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE CO
  • Previous Mortgage Transaction Date: Jun 30, 2005
  • Previous Mortgage Loan Amount: $121,833
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Morton



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Frequently Asked Questions

What neighborhood is 305 East Tyler Street located in?
The 305 East Tyler Street is a located in the neighborhood of Morton in Morton, Morton.
What is the average sales price for listings in 305 East Tyler Street?
The average sales price for units in 305 East Tyler Street is $0 currently.

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