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309 Morrison Ave

Waterloo, IL 62298

3 bd 1,800 sqft Built 1933 Lot 7,669 sqft single_family
Most recent sale
$225,000
Jan 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 24, 2022 Listed $225,000 MLS #22004535
Jan 21, 2022 Sold $225,000 MLS #22004535
Mar 2, 2019 Sold $190,000 MLS #19002551
Jan 15, 2019 Listed $188,000 MLS #19002551
Jan 5, 2017 Sold $175,000 Public Record
Jul 18, 2008 Sold $150,000 MLS #2807518
May 8, 2008 Listed $179,000 MLS #2807518
Mar 4, 2003 Sold $153,900 MLS #2213089
Nov 5, 2002 Listed $153,900 MLS #2213089
Oct 1, 1986 Sold $66,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $60,130 $16,090 $76,220 $4,026
2023 $58,170 $15,852 $74,022 $3,742
2022 $50,090 $14,980 $65,070 $3,764
2021 $49,380 $10,180 $59,560 $3,488
2020 $46,360 $10,180 $56,540 $3,380
2019 $43,870 $10,180 $54,050 $3,254
2018 $43,910 $7,910 $51,820 $3,200
2017 $44,751 $8,052 $52,803 $3,105
2016 $44,010 $6,640 $50,650 $2,985
2015 $38,100 $7,720 $45,820 $2,642
2014 $39,880 $7,720 $47,600 $2,656
2013 $41,170 $7,720 $48,890 $2,739
2012 $41,220 $7,470 $48,690 $2,715
2011 $44,750 $7,470 $52,220 $2,958
2010 $44,790 $7,470 $52,260 $3,041
2009 $50,690 $7,470 $58,160 $3,317
2008 $47,820 $7,470 $55,290 $2,892
2007 $44,940 $7,470 $52,410 $2,753
2006 $40,790 $7,690 $48,480 $2,602

Property facts

Year built
1933
Property type
single_family
Stories
2
Beds
3
Baths
Living area
1,800 sqft
Lot size
7,669 sqft
ZIP code
62298
City
Waterloo
Street
Morrison Ave
Coordinates
38.33358, -90.14741

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
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 309 Morrison Ave last sell?
309 Morrison Ave most recently sold on Jan 21, 2022 for $225,000.
What is the current tax assessment for 309 Morrison Ave?
The most recent total assessment for 309 Morrison Ave (year 2024) is $76,220 with $4,026 in property tax.
How does 309 Morrison Ave's assessment compare to its last sale price?
The current assessment is 66.1% below the last sale price of $225,000.
When was 309 Morrison Ave built?
309 Morrison Ave was built in 1933.
How does 309 Morrison Ave compare to others on Morrison Ave?
We track 8 other properties on Morrison Ave. Browse the list under "Other properties on Morrison Ave" to compare beds, baths, and sale history.
What are the property facts for 309 Morrison Ave?
309 Morrison Ave is a 3 bed, 1,800 sqft, 7,669 sqft lot single_family.
Is 309 Morrison Ave a flip candidate?
No — 309 Morrison Ave does not appear in our flips dataset.
Is 309 Morrison Ave a tax-appeal candidate?
No — 309 Morrison 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
-0.2%
Implied 1-yr
-0.9%
2026 Q3
$359.1K
2026 Q4
$358.3K
ZIP 62298 — Median Price History + Forecast

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