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505 Mathis Ave

Morton, IL 61550

4 bd 2 ba 1,825 sqft Built 1934 Lot 5,250 sqft single_family
Most recent sale
$158,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Sold $158,000 Public Record
Jun 14, 2022 Price changed $159,900 MLS #PA1234676
Jun 8, 2022 Price changed $164,900 MLS #PA1234676
Jun 2, 2022 Listed $170,000 MLS #PA1234676
Jul 7, 2020 Sold $135,000 Public Record
Oct 23, 2019 Price changed $139,900 MLS #PA1208200
Oct 1, 2019 Price changed $144,900 MLS #PA1208200
Aug 22, 2019 Listed $149,900 MLS #PA1208200
Jun 29, 2018 Listing removed $134,900 RMLSAlliance
Jun 11, 2018 Price changed $134,900 MLS #1190786
May 1, 2018 Price changed $139,900 MLS #1190786
Mar 26, 2018 Price changed $144,900 MLS #1190786
Feb 13, 2018 Price changed $149,900 MLS #1190786
Jan 18, 2018 Listed $154,900 MLS #1190786
Jun 9, 2014 Sold $143,500 Public Record
Jun 6, 2014 Listing removed $149,900 RMLSAlliance
Apr 21, 2014 Price changed $149,900 MLS #1150933
Mar 18, 2014 Listed $154,900 MLS #1150933
Aug 16, 1999 Sold $109,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $53,460 $7,250 $60,710 $3,583
2023 $46,460 $6,300 $52,760 $3,429
2022 $40,330 $5,790 $46,120 $3,098
2021 $38,780 $5,570 $44,350 $2,962
2020 $38,400 $5,510 $43,910 $3,321
2019 $35,580 $5,570 $41,150 $3,104
2018 $35,580 $5,570 $41,150 $3,047
2017 $35,580 $5,570 $41,150 $2,969
2016 $35,230 $5,510 $40,740 $2,911
2015 $34,880 $5,460 $40,340 $2,855
2014 $33,930 $5,310 $39,240 $2,381
2013 $33,930 $5,310 $39,240 $2,357
2012 $33,930 $5,310 $39,240 $2,366
2011 $33,930 $5,310 $39,240 $2,185
2010 $33,930 $5,310 $39,240 $2,197
2009 $33,930 $5,310 $39,240 $2,165
2008 $38,630 $3,370 $42,000 $2,340
2007 $38,630 $3,370 $42,000 $2,244

Property facts

Year built
1934
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,825 sqft
Lot size
5,250 sqft
ZIP code
61550
City
Morton
Street
Mathis Ave
Coordinates
40.60690, -89.46647

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$948
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Mathis Ave last sell?
505 Mathis Ave most recently sold on Jul 19, 2022 for $158,000.
What is the current tax assessment for 505 Mathis Ave?
The most recent total assessment for 505 Mathis Ave (year 2024) is $60,710 with $3,583 in property tax.
How does 505 Mathis Ave's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $158,000.
When was 505 Mathis Ave built?
505 Mathis Ave was built in 1934.
How does 505 Mathis Ave compare to others on Mathis Ave?
We track 5 other properties on Mathis Ave. Browse the list under "Other properties on Mathis Ave" to compare beds, baths, and sale history.
What are the property facts for 505 Mathis Ave?
505 Mathis Ave is a 4 bed, 2 bath, 1,825 sqft, 5,250 sqft lot single_family.
Is 505 Mathis Ave a flip candidate?
No — 505 Mathis Ave does not appear in our flips dataset.
Is 505 Mathis Ave a tax-appeal candidate?
No — 505 Mathis Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.4%
2026 Q3
$180.3K
2026 Q4
$173.3K
ZIP 61550 — Median Price History + Forecast

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