NOT LISTED FOR SALE

2016 S 2nd Ave Morton, IL 61550

Estimated Value: $200,000 - $214,000

3 Beds
3 Baths
1,760 Sq Ft
$118/Sq Ft Est. Value

About This Home

This home is located at 2016 S 2nd Ave, Morton, IL 61550 and is currently estimated at $207,922, approximately $118 per square foot. 2016 S 2nd Ave is a home located in Tazewell County with nearby schools including Morton High School, Bethel Lutheran School, and Blessed Sacrament School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Lee Issac and Lee Mirhee
Bought by
Scherbing Laura E
Current Estimated Value
$207,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Outstanding Balance
$125,394
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$82,528

Purchase Details

Closed on
Apr 7, 2014
Sold by
Federal National Mortgage Association
Bought by
Lee Isaac and Lee Mirhee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2013
Sold by
Lowe David A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 5, 2006
Sold by
Samuelson Robert E and Samuelson Carol
Bought by
Lowe David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,600
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Scherbing Laura E $163,500 Chicago Title And Trust Co
Lee Isaac $154,000 --
Federal National Mortgage Association $152,373 None Available
Lowe David A $144,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherbing Laura E $138,500
Previous Owner Lee Isaac $115,500
Previous Owner Lowe David A $115,600
Source: Public Records

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 $3,801 $62,080 $9,190 $52,890
2023 $3,801 $57,830 $8,560 $49,270
2022 $3,638 $53,110 $7,860 $45,250
2021 $3,945 $51,070 $7,560 $43,510
2020 $3,825 $50,570 $7,490 $43,080
2019 $3,815 $50,570 $7,490 $43,080
2018 $3,745 $50,570 $7,490 $43,080
2017 $3,648 $50,070 $7,420 $42,650
2016 $3,578 $50,070 $7,420 $42,650
2015 $3,455 $0 $0 $0
2013 $2,994 $48,230 $7,150 $41,080
Source: Public Records

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