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Morton 61550
711 Pierce Street
$185,000
● House - Off Market

711 Pierce Street

Morton, IL 61550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,036 Ft²
$209,898
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Beautiful 3 bedroom ranch with a bonus room in the finished basement, pergola and shed stay with the house  Possible 4th bedroom in the basement, no egress window. Rough-in basement   2019 Kitchen remodel granite countertops and hickory cabinets   Heating and a/c 2019  Roof 2017  Appliances 2015  radon mitigation 2016  Large fenced yard with deck and pergola  Don't miss this one, it won't last long!
Unit Size
2,036 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$91
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
2016

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11176959)

Price History

Date / Event Date Event Price
Sep 13, 2021 Sold
Premium
Sold
Aug 10, 2021 Listed by RE/MAX Choice $184,900
Listed by RE/MAX Choice

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,136
  • Garage Type: 1
  • Garage Square Area: 1,040
  • Parking Space Count: 2
  • Patio Type: 49
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,378
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 830
  • Total Building Area: 3,928
  • Gross Building Area: 3,928
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHROCKS NORTHBROOK MANOR
  • Land Acres: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: SEC 16 T25N R3W SCHROCKS NORTHBROOK MANOR LOT 27 SE 1/4

Neighborhood

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

Geography

  • District: 060
  • Section: 16
  • Parcel: 06-06-16-412-002
  • Lot: 27
  • Meridian: SEC 16 TWN 25N RNG 03W
  • Municipality: MORTON
  • Latitude: 40.6192
  • Longitude: -89.4487

    Address

  • Full Address: 711 Pierce St
  • Address - House Number: 711
  • Address - Street Name: Pierce
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morton
  • Carrier Code: C003
  • 4-Digit Zip Code: 1757
  • Zip Code: 61550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $409,296
  • Tax Rate Code Area: 06002

    Appraisal Valuation

  • Standard Deviation: 0.2139
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 208,859
  • High Value: 253,552
  • Low Value: 164,166

    Market Valuation

  • Market Total Value: $192,720
  • Market Land Value: $35,370
  • Market Improvement Value: $157,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,240
  • Assessed Land Value: $11,790
  • Assessed Improvements Value: $52,450

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16951
  • Previous Sale Recording Date: Mar 13, 2015
  • Previous Sale Contract Date: Mar 12, 2015
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: 71
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 Morton

Stats & Trends

Median Asking:

$237,450

Sale Price/ft²

$128

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2221 ft²

Average Home Age

61 years

Currently For Sale

1 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: Cindy Eckols, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11176959
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 711 Pierce Street built and last sold?
The property at 711 Pierce Street was built in 2016 and last sold on Sep 13, 2021 for $185,000.
How much is this home worth?
The estimated value of the home located at 711 Pierce Street is $0.
What are some comparable homes to 711 Pierce Street?
There are currently no comparable homes to 711 Pierce Street.
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