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427 Morris Avenue

427 Morris Avenue, Bellwood, IL 60104
Property in Proviso
Sold Dec 06, 2017
$192,000
$188,522 by Leader One Financial Corp
Mortgage Due Dec 01, 2047
Sold Dec 03, 2014
$160,000
$157,102 by Pmac Lending Services Inc
Mortgage Due Dec 01, 2044
427 Morris Avenue in Bellwood, IL was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 427 Morris Avenue has 1,140 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 450 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 5,360 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. 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. The exterior walls of the home are made of masonry. 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 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, 427 Morris Avenue was last sold in Nov 16, 2017 for $192,000. According to our calculations, that's $168.42 per sqft. Prior to that sales transaction, the property was sold for $160,000 in Nov 21, 2014. Current property owners are expected to pay $6,922 in taxes per year. The property on 427 Morris Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,000. To break that down further, the land itself was valued at $3,752. While improvements to the property were assessed at a total of $15,248. 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: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,360
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,140
  • Gross Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CUMMINGS & FOREMAN R/E CORP
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FIRST ADD TO CUMMINGS & FOREMAN REA L ESTATE CORPORATION & RESUB PART M IAMI PARK W2 S09 T39N R12E 3P

Ownership

  • Current Owner : PEREZ HUMBERTO
  • Previous Owner : FUQUA DERRICK
  • Owner Before Previous Owner: Q & S INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 817000

Geography

  • District: 31
  • Parcel: 15-09-302-021-0000
  • Lot: 60
  • Meridian: SEC 09 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8843
  • Longitude: -87.8805

    Address

  • Full Address: 427 Morris Ave
  • Address - House Number: 427
  • Address - Street Name: Morris
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bellwood
  • Carrier Code: C008
  • 4-Digit Zip Code: 1472
  • Zip Code: 60104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,922
  • Tax Rate Code Area: 31035

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 249,666
  • High Value: 306,675
  • Low Value: 192,657

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $242,641
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Dec 06, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $188,522
  • 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: Dec 01, 2047
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Apr 05, 2021
  • Second Open Lien Mortgage Loan Amount: $54,119
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $37,520
  • Market Improvement Value: $152,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $3,752
  • Assessed Improvements Value: $15,248

    Sales

  • Current Sale Contract Date: Nov 16, 2017
  • Current Sale Recording Date: Dec 06, 2017
  • Current Sale Transaction ID: 11328790651
  • Current Sale Price: $192,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1734012043
  • Previous Sale Recording Date: Dec 03, 2014
  • Previous Sale Contract Date: Nov 21, 2014
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Dec 06, 2017
  • First Mortgage Loan Amount: $188,522
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Dec 03, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $157,102
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2044

About Bellwood



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Frequently Asked Questions

What neighborhood is 427 Morris Avenue located in?
The 427 Morris Avenue is a located in the neighborhood of Proviso in Bellwood, Bellwood.
What is the average sales price for listings in 427 Morris Avenue?
The average sales price for units in 427 Morris Avenue is $0 currently.

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