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521 South Nelson Avenue

521 South Nelson Avenue, Morton, IL 61550
Property in Morton
Sold Jul 23, 2021
$159,000
$151,050 by United Wholesale Mortgage
Mortgage Due Aug 01, 2051
Sold Jun 13, 2018
$150,000
521 South Nelson Avenue has been categorized by the local assessors in Morton, IL as a residential type of property. The building on the property was first built in 1984 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 521 South Nelson Avenue has 2,080 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 832 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,200 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Jul 23, 2021 for $159,000. That's $127.40 per sqft. Prior to that sales transaction, the property was also sold in Jun 12, 2018 for $150,000. 521 South Nelson Avenue was last assessed in 2023. The total value of the property was assessed at $55,220. Specifically, the land the property is located on was valued at $7,970. While improvements on the property were assessed at a total of $47,250. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,453. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 832
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 2,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROTHS SUBD
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 20 T25N R3W ROTHS SUBD 2 LOT 19 NE 1/4

Ownership

  • Current Owner : STEWART ALEXANDER
  • Current Owner 2: PROKOP LINDSEY
  • Previous Owner : BRAUN KATHERINE R
  • Owner Before Previous Owner: SAMP ERIC M
  • Owner Before Previous Owner 2: MEYERS KATRINA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • District: 060
  • Section: 20
  • Parcel: 06-06-20-223-014
  • Lot: 19
  • Meridian: SEC 20 TWN 25N RNG 03W
  • Municipality: MORTON
  • Latitude: 40.6067
  • Longitude: -89.4679

    Address

  • Full Address: 521 S Nelson Ave
  • Address - House Number: 521
  • Street Direction: S
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Morton
  • Carrier Code: C004
  • 4-Digit Zip Code: 1925
  • Zip Code: 61550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,453
  • Tax Rate Code Area: 06002

    Appraisal Valuation

  • Standard Deviation: 0.2051
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 189,581
  • High Value: 228,474
  • Low Value: 150,688

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,050
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $151,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $165,660
  • Market Land Value: $23,910
  • Market Improvement Value: $141,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,220
  • Assessed Land Value: $7,970
  • Assessed Improvements Value: $47,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Transaction ID: 11846509111
  • Current Sale Price: $159,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100013752
  • Previous Sale Recording Date: Jun 13, 2018
  • Previous Sale Contract Date: Jun 12, 2018
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 23, 2021
  • First Mortgage Loan Amount: $151,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Morton



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Frequently Asked Questions

What neighborhood is 521 South Nelson Avenue located in?
The 521 South Nelson Avenue is a located in the neighborhood of Morton in Morton, Morton.
What is the average sales price for listings in 521 South Nelson Avenue?
The average sales price for units in 521 South Nelson Avenue is $0 currently.

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