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302 Frederick Ave

Mount Morris, IL 61054

4 bd 3 ba 2,920 sqft Built 1975 Lot 18,295 sqft single_family
Most recent sale
$185,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 3, 2023 Sold $213,500 NorthWestILAlliance
Sep 23, 2023 Listed $215,000 MRED
Aug 2, 2022 Sold $182,500 Public Record
Jul 29, 2022 Sold $185,000 MLS #11456253
Jul 6, 2022 Listed $181,000 MLS #11456253
Jul 5, 2022 Listed $181,000 MLS #202204351

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $65,226 $5,831 $71,057 $6,324
2022 $32,479 $4,926 $37,405 $3,161
2021 $30,101 $4,565 $34,666 $2,925
2020 $28,022 $4,250 $32,272 $2,724
2019 $26,561 $4,028 $30,589 $2,551
2018 $25,058 $3,800 $28,858 $2,319
2017 $25,058 $3,800 $28,858 $2,327
2016 $25,058 $3,800 $28,858 $2,328
2015 $25,058 $3,800 $28,858 $2,345
2014 $25,058 $4,254 $29,312 $2,355
2013 $26,820 $4,553 $31,373 $2,456
2012 $28,190 $4,786 $32,976 $2,490
2011 $29,451 $5,000 $34,451 $2,564
2010 $29,451 $7,000 $36,451 $2,657
2009 $29,451 $7,000 $36,451 $2,662
2007 $29,451 $7,000 $36,451 $2,623
2006 $29,451 $7,000 $36,451 $2,482

Property facts

Year built
1975
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,920 sqft
Lot size
18,295 sqft
ZIP code
61054
City
Mount Morris
Street
Frederick Ave
Coordinates
42.04548, -89.42504

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 302 Frederick Ave last sell?
302 Frederick Ave most recently sold on Jul 29, 2022 for $185,000.
What is the current tax assessment for 302 Frederick Ave?
The most recent total assessment for 302 Frederick Ave (year 2024) is $71,057 with $6,324 in property tax.
How does 302 Frederick Ave's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $185,000.
When was 302 Frederick Ave built?
302 Frederick Ave was built in 1975.
How does 302 Frederick Ave compare to others on Frederick Ave?
We do not currently track other properties on Frederick Ave.
What are the property facts for 302 Frederick Ave?
302 Frederick Ave is a 4 bed, 3 bath, 2,920 sqft, 18,295 sqft lot single_family.
Is 302 Frederick Ave a flip candidate?
No — 302 Frederick Ave does not appear in our flips dataset.
Is 302 Frederick Ave a tax-appeal candidate?
No — 302 Frederick 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
+3.3%
Implied 1-yr
+13.2%
2026 Q1
$182.6K
2026 Q2
$187.5K
ZIP 61054 — Median Price History + Forecast

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