NOT LISTED FOR SALE

1501 S Missouri Ave Morton, IL 61550

Estimated Value: $398,663 - $441,000

4 Beds
3 Baths
2,602 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $365,000 $140 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,775/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Porch
  • Morton High School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of February 2024

Welcome to this beautiful & well maintained 4 BR 3 BA ranch home in Morton offering a blend of modern design & functional living. This thoughtfully crafted residence features 1762 sq ft on the main flr adorned w/9 ft ceilings that create an open & airy atmosphere. The great rm is highlighted by a lighted tray ceiling, cozy Lennox gas log fireplace, & access to back yard & lg paver patio w/part of the patio covered! Ideal space for both relaxation & entertainment. The kitchen seamlessly integrates w/great rm boasting a stylish design & practical layout! Generous walk-in pantry, breakfast bar, ss appliances included, plenty of counter space, & open dining area is great for hosting gatherings. Spacious primary BR is located on one end of the home w/lg walk-in closet, double sink vanity, walk-in shower, & linen closet. The additional 2 BR's on the opposite side of home provide comfort & privacy for family or guests, or use one BR for office/den, plus 2nd full BA to share. Full partially finished basement, 4th BR w/egress, 3rd full BA, kitchenette area, & plenty of storage. This home offers so many upgrades w/energy efficient Bosch Geothermal, spray foam insulation, professional landscaped by Morelands, irrigation, central vac & attachments, security system available, Hunter Douglas pleated shades, main flr laundry, wide doorways in primary BR & den, covered front porch, oversized 24 x 24 2-car garage! Great location & walking distance to several parks, schools, city pool & more!

Last Agent to Sell the Property

Sue Neihouser

RE/MAX Traders Unlimited Brokerage Phone: 309-229-8831 License #475159926 Listed on: 01/30/2024

RE/MAX Traders Unlimited

Last Buyer's Agent

Tricia Yordy

Keller Williams Revolution License #475157165

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,441

Year Built

  • Built in 2012

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 125 x 95
  • Level Lot
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,602 Sq Ft Home
  • Central Vacuum
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Blinds
  • Great Room with Fireplace
  • Home Security System

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Patio
  • Porch

Schools

  • Morton High School

Utilities

  • Forced Air Heating System
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Schrag Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-06-28-208-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,441

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2012
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 207.15
  • Attribution Contact: Cell: 309-229-8831
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Hood/Fan, Microwave, Other, Range/Oven, Refrigerator
  • Basement: Egress Window(s), Full, Partially Finished
  • Accessibility Features: Wide Doorways
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Blinds, Cable Available, Vaulted Ceiling(s), Central Vacuum, Garage Door Opener(s), High Speed Internet, Security System
  • Living Area: 2602
  • TotalBasementSqFt: 1762
  • KitchenDining: Breakfast Bar,Dining Informal,Pantry

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Curbs & Gutters, Paved
  • Construction Type: Brick Partial, Vinyl Siding
  • Exterior Features: Irrigation System, Patio, Porch
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Forced Air, Electric Water Heater, Central Air, Geothermal
  • Water Source: Ejector Pump, Public Sewer, Public, Sump Pump
  • NumberOfGarageRemotes: 2
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Morton

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 125 x 95
  • Parcel #: 06-06-28-208-006
  • ZonedAgricultural: No

Green Features

  • Efficiency: Geothermal Heating/Cooling System, High Efficiency Wtr Htr, Spray Foam Insulation

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6441.38
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Feb 29, 2024
Sold by
Schrock Donald L and Schrock Lorna R
Bought by
Welsh Gregory N and Welsh Regina G
Seller's Agent
Sue Neihouser
RE/MAX Traders Unlimited
Buyer's Agent
Tricia Yordy
Keller Williams Revolution
List Price
$349,000
Sold Price
$365,000
Premium/Discount to List
$16,000
4.58%
Views
34
Current Estimated Value
$418,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,666
Avg. Annual Appreciation
8.67%
Original Mortgage
$292,000
Outstanding Balance
$287,367
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$131,299

Purchase Details

Closed on
Aug 31, 2016
Sold by
Tmg Foundation Inc
Bought by
Schrock Donald L and Schrock Lorna R

Purchase Details

Closed on
Apr 8, 2016
Sold by
Schrock Donald L and Schrock Lorna R
Bought by
Tmg Foundation Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Welsh Gregory N $365,000 Hometown Title
Schrock Donald L -- --
Tmg Foundation Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welsh Gregory N $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $365,000 +4.6% $140 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $349,000 -- $134 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,732 $110,340 $27,360 $82,980
2023 $6,732 $102,800 $25,490 $77,310
2022 $6,828 $94,410 $23,410 $71,000
2021 $6,549 $90,780 $22,510 $68,270
2020 $6,344 $89,880 $22,290 $67,590
2019 $6,327 $89,880 $22,290 $67,590
2018 $6,212 $89,880 $22,290 $67,590
2017 $6,051 $88,990 $22,070 $66,920
2016 $5,573 $88,990 $22,070 $66,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1247924

RMLS Alliance

APN: 06-06-28-208-006