NOT LISTED FOR SALE

298 Hires Trace Morton, IL 61550

Estimated Value: $413,000 - $438,000

4 Beds
3.5 Baths
3,520 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $355,500 $101 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,789/month

Highlights

  • Deck
  • Vaulted Ceiling
  • 5 Car Garage
  • Morton High School Rated A-
  • No HOA
  • Cul-De-Sac

About This Home

As of July 2024

Sold One Time Show

Last Agent to Sell the Property

Mark Duffer

Jim Maloof Realty, Inc. Brokerage Phone: 309-213-0925 License #475165123 Listed on: 06/15/2024

Last Buyer's Agent

Danielle Amey

Jim Maloof Realty, Inc. License #475211933

Jim Maloof Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,880

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 187x100
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot

Parking

  • 5 Car Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,520 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Two Story Entrance Foyer
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Garden Bath

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Schools

  • Morton High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Shared Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Community Details

  • No Home Owners Association
  • Hires Trace Subdivision
  • Property is near a ravine

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 06-06-06-400-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,880

Year Built

Built in 1990

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Architectural Style: One and Half Story
  • New Construction: No
  • Attribution Contact: Pref: 309-213-0925
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Water Softener Owned
  • Basement: Full, Partially Finished, Walk Out
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Garage Door Opener(s), Blinds, Ceiling Fan(s), Foyer - 2 Story, Garden Tub, Skylight(s), Window Treatments
  • Living Area: 3520
  • KitchenDining: Dining Formal,Eat-In Kitchen,Island

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Ravine, Dead End Street
  • Road Surface Type: Curbs & Gutters
  • Construction Type: Frame, Brick Partial
  • Exterior Features: Deck, Patio, Porch, Shed(s)
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 5
  • Parking Features: Attached, Detached, On Street, Other, Oversized

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central Air
  • Water Source: Shared Well, Septic System
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

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

Schools

  • High School: Morton

Lot Info

  • Zoning: Single Family Residential
  • Lot Size: 187x100
  • Parcel #: 06-06-06-400-006

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6880.48
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 8, 2024
Sold by
Wallace Sarah Elizabeth and Wallace Matthew Thomas
Bought by
Empey Andrew R and Empey Danielle N
Seller's Agent
Mark Duffer
Jim Maloof Realty, Inc.
Buyer's Agent
Danielle Amey
Jim Maloof Realty, Inc.
List Price
$355,000
Sold Price
$355,500
Premium/Discount to List
$500
0.14%
Current Estimated Value
$421,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,786
Avg. Annual Appreciation
13.84%
Original Mortgage
$337,700
Outstanding Balance
$333,697
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$87,589

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 1, 2021
Bought by
Wallace Matthew Thomas and Wallace Sarah Elisabeth
Seller's Agent
Jeanette Pritchard
RE/MAX Traders Unlimited
Buyer's Agent
Mark Duffer
Jim Maloof Realty, Inc.
List Price
$292,500
Sold Price
$285,000
Premium/Discount to List
-$7,500
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$5,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2018
Closed on
Mar 21, 2019
Sold by
Collins Michael W and Collins Wendy L
Bought by
Kerr R Andrew and Kerr Rachel A
Seller's Agent
Lisa Schroeder
Century 21 Lakeview Realty
Buyer's Agent
Jeanette Pritchard
RE/MAX Traders Unlimited
List Price
$279,000
Sold Price
$267,500
Premium/Discount to List
-$11,500
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$214,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Empey Andrew R $355,500 Miller Title & Closing Service
Wallace Matthew Thomas -- None Listed On Document
Illinois Housing Development Authority -- None Listed On Document
Wallace Matthew Thomas $285,000 None Available
Kerr R Andrew $267,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Empey Andrew R $337,700
Previous Owner Wallace Matthew Thomas $5,000
Previous Owner Wallace Matthew Thomas $270,000
Previous Owner Illinois Housing Development Authority $5,000
Previous Owner Kerr R Andrew $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $355,500 +0.1% $101 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $355,000 +24.6% $101 / Sq Ft
06/01/2021 06/01/21 Sold $285,000 -2.6% $81 / Sq Ft View Prior Sale
04/10/2021 04/10/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $292,500 +9.3% $83 / Sq Ft
03/22/2019 03/22/19 Sold $267,500 -2.7% $77 / Sq Ft View Prior Sale
02/13/2019 02/13/19 Pending -- -- --
02/11/2019 02/11/19 Price Changed $275,000 -1.4% $80 / Sq Ft
12/14/2018 12/14/18 For Sale $279,000 0.0% $81 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $279,000 -0.3% $81 / Sq Ft
06/04/2018 06/04/18 Price Changed $279,900 -3.4% $81 / Sq Ft
05/22/2018 05/22/18 For Sale $289,900 -- $84 / 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 $6,880 $115,460 $20,640 $94,820
2023 $6,880 $107,570 $19,230 $88,340
2022 $6,620 $98,790 $17,660 $81,130
2021 $6,788 $101,150 $16,980 $84,170
2020 $6,526 $100,150 $16,810 $83,340
2019 $6,519 $100,150 $16,810 $83,340
2018 $6,402 $100,150 $16,810 $83,340
2017 $6,238 $99,150 $16,640 $82,510
2016 $5,453 $93,590 $16,610 $76,980
2015 $5,235 $0 $0 $0
2013 $5,183 $90,130 $16,000 $74,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1251568

RMLS Alliance

APN: 06-06-06-400-006