744 First Ave., Morris sold by Armando Tobon Ramirez and Maria C. Tobon

The home at 744 First Ave., Morris was sold on May 15 by Armando Tobon Ramirez and Maria C. Tobon for $228,000.

The buyer was Timothy Johnson.

The property tax paid for this property in 2023 was $4,477. This is 2% of the sale price of the home.

This property is one of 27 sales in Morris (Grundy County) from April 15 to May 15.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.