501 Sunset Ln
Mount Morris, IL 61054
2 bd 1 ba 1,016 sqft Built 1955 Lot 10,019 sqft single_family
Most recent sale
$70,000
Dec 16, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 16, 2021 | Sold | $70,000 | MLS #11282982 |
| Dec 7, 2021 | Listed | $70,000 | MLS #202107975 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $16,878 | $4,604 | $21,482 | $2,083 |
| 2022 | $14,258 | $3,889 | $18,147 | $1,826 |
| 2021 | $13,214 | $3,604 | $16,818 | $1,716 |
| 2020 | $12,301 | $3,355 | $15,656 | $1,001 |
| 2019 | $11,660 | $3,180 | $14,840 | $917 |
| 2018 | $11,000 | $3,000 | $14,000 | $811 |
| 2017 | $11,000 | $3,000 | $14,000 | $1,425 |
| 2016 | $11,000 | $3,000 | $14,000 | $1,426 |
| 2015 | $11,000 | $3,000 | $14,000 | $1,437 |
| 2014 | $8,444 | $3,404 | $11,848 | $704 |
| 2013 | $9,038 | $3,643 | $12,681 | $674 |
| 2012 | $12,444 | $3,829 | $16,273 | $948 |
| 2011 | $17,500 | $4,000 | $21,500 | $1,397 |
| 2010 | $17,500 | $6,000 | $23,500 | $1,527 |
| 2009 | $17,500 | $6,000 | $23,500 | $1,530 |
| 2007 | $18,157 | $6,000 | $24,157 | $1,598 |
| 2006 | $18,157 | $6,000 | $24,157 | $1,439 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,016 sqft
Lot size
10,019 sqft
ZIP code
61054
City
Mount Morris
Street
Sunset Ln
Coordinates
42.05208, -89.44306
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Sunset Ln last sell?
501 Sunset Ln most recently sold on Dec 16, 2021 for $70,000.
What is the current tax assessment for 501 Sunset Ln?
The most recent total assessment for 501 Sunset Ln (year 2024) is $21,482 with $2,083 in property tax.
How does 501 Sunset Ln's assessment compare to its last sale price?
The current assessment is 69.3% below the last sale price of $70,000.
When was 501 Sunset Ln built?
501 Sunset Ln was built in 1955.
How does 501 Sunset Ln compare to others on Sunset Ln?
We track 8 other properties on Sunset Ln. Browse the list under "Other properties on Sunset Ln" to compare beds, baths, and sale history.
What are the property facts for 501 Sunset Ln?
501 Sunset Ln is a 2 bed, 1 bath, 1,016 sqft, 10,019 sqft lot single_family.
Is 501 Sunset Ln a flip candidate?
No — 501 Sunset Ln does not appear in our flips dataset.
Is 501 Sunset Ln a tax-appeal candidate?
No — 501 Sunset Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.2%
2026 Q1
$182.6K
2026 Q2
$187.5K
ZIP 61054 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Sunset Ln