NOT LISTED FOR SALE

305 W Lakeland Rd Morton, IL 61550

Estimated Value: $342,000 - $442,000

4 Beds
3 Baths
3,286 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $289,900 $88 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,990/month

1 Day on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Patio
  • Morton High School Rated A-
  • Porch
  • Ceiling Fan

About This Home

As of May 2021

This is a wonderful opportunity to have private country living right on the edge of town. Beautiful wooded lot, w/ a great segway in the backyard that leads to Lake Ossami. Owner has option pay dues for lake rights. This private setting is a perfect entertaining home. You will love the front porch with the composite flooring and grand chandelier, perfect for sitting with friends & sharing memories. Private backpatio overlooks woods and has lake view. Large bonus room on the second level has an amazing glassed view of the lake, this could be a grand master suite w/ a beautiful loft office. Many updates thruout AND many preserved items - claw foot tub, original wood flooring beneath carpet & built-ins. Gorgeous wood flooring, updated baths, new flooring, and freshly painted throughout. Playset w/ rubber mulch stays. Arbor Vitaes will mature and create privacy in the front in the future. Mostly all new windows, 2 hvac systems and newer roof. New Kid Kraft playset w/ rubber mulch.

Last Agent to Sell the Property

Lisa Crocker

Keller Williams Premier Realty License #475131378 Listed on: 03/27/2021

Keller Williams Premier Realty

Last Buyer's Agent

Michelle Campbell

Jim Maloof Realty, Inc. License #471003258

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1957

Lot Details

  • 0.72

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Storage In Attic
  • Dryer

Kitchen

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

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,877

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 03/27/2021
  • Year Built: 1957
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Hood/Fan, Microwave Oven, Refrigerator, Range/Oven
  • Fireplace: Inoperable, Living Room, Wood Burning
  • Interior Amenities: Attic Storage, Blinds, Ceiling Fan, Ceilings/Cath/Vault/Tray, Cable Tv Available, Garage Door Opener(s), Skylights
  • Number Fireplaces: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 14.03x14.03, On Level: Upper, Flooring: Hardwood
  • Basement Foundation: Block, Full, Partially Finished
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 15.01x14.11, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x9.07, On Level: Upper, Flooring: Carpet
  • Bedroom 4: Dimensions: 10.08x10.08, On Level: Main, Flooring: Vinyl
  • Den: Dimensions: 15.08x8, On Level: Main, Flooring: Carpet
  • Family Room: Dimensions: 13.09x13.03, On Level: Basement, Flooring: Vinyl
  • Formal Dining Room: Dimensions: 10.1x17.05, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 17.03x14.11, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Breakfast Bar, Dining Formal, Dining Informal, Eat-In Kitchen, Island, Pantry
  • Laundry: Dimensions: 15.1x7.02, On Level: Basement, Flooring: Vinyl
  • Living Room: Dimensions: 19x15.08, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 694
  • Rec Room: Dimensions: 26.07x16.05, On Level: Basement, Flooring: Vinyl
  • Total Basement Sq Ft: 1296
  • Additional Room 1: Dimensions: 23.06x19.05, On Level: Upper, Flooring: Carpet
  • Additional Room 2: Dimensions: 20.02x5.03, On Level: Upper, Flooring: Vinyl
  • Price Per Sq Ft: 111.84
  • Finished Sq Ft: 3286
  • Total Sq Ft: 2592
  • Finished Main Level Sq Ft: 1296
  • Upper Level Finished Sq Ft: 1296

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Patio, Porch, Replacement Windows
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 2

Utilities

  • Heating Cooling: Gas, 2+ Heating Systems, Water Heater - Gas, 2+ Cooling Systems, Central Air, Whole House Fan
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Morton

Lot Info

  • Estimated Lot Size: 168x199
  • Estimated Number of Acres: 0.72
  • Lot Description: Level, Lake View, Wooded
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2877.04
  • Parcel Id Number Tax Id: 06-06-08-400-020
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2019

MLS Schools

  • High School School District: Morton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Apr 30, 2021
Sold by
Oltman Clifford and Oltman Rachel
Bought by
Mcmillan Ricky Jay
Seller's Agent
Lisa Crocker
Keller Williams Premier Realty
Buyer's Agent
Michelle Campbell
Jim Maloof Realty, Inc.
List Price
$289,900
Sold Price
$289,900
Current Estimated Value
$353,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,105
Avg. Annual Appreciation
4.80%
Original Mortgage
$289,900
Outstanding Balance
$266,953
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$87,183

Purchase Details

Listed on
Sep 30, 2016
Closed on
Nov 17, 2016
Sold by
Mccord Walter L and Mccord Catherine M
Bought by
Oltman Clifford and Oltman Rachel
Seller's Agent
Shannon Fonner
Sunflower Real Estate Group, LLC
Buyer's Agent
Shannon Fonner
Sunflower Real Estate Group, LLC
List Price
$229,900
Sold Price
$205,000
Premium/Discount to List
-$24,900
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%

Purchase Details

Listed on
Apr 6, 2012
Closed on
Jun 12, 2012
Sold by
Heartland Bank & Trust Company
Bought by
Mccord Walter L and Mccord Catherine M
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Sandy Glover
Keller Williams Premier Realty
List Price
$129,900
Sold Price
$97,000
Premium/Discount to List
-$32,900
-25.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.36%
Original Mortgage
$77,600
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2012
Sold by
Bradshaw Paul G
Bought by
Heartland Bank & Trust Company
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
Mcmillan Ricky Jay $290,000 Hometown Title Inc
Oltman Clifford $205,000 Miller Title
Mccord Walter L $97,000 First Community Title Svcs
Heartland Bank & Trust Company -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillan Ricky Jay $289,900
Previous Owner Oltman Rachel $26,000
Previous Owner Mccord Walter L $77,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $289,900 0.0% $88 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $289,900 +41.4% $88 / Sq Ft
11/18/2016 11/18/16 Sold $205,000 -10.8% $79 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $229,900 +137.0% $89 / Sq Ft
06/13/2012 06/13/12 Sold $97,000 -25.3% $37 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $129,900 -- $50 / 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 $685 $108,070 $14,210 $93,860
2023 $685 $100,680 $13,240 $87,440
2022 $685 $92,460 $12,160 $80,300
2021 $685 $44,590 $11,690 $32,900
2020 $2,885 $44,140 $11,570 $32,570
2019 $2,877 $44,140 $11,570 $32,570
2018 $2,824 $44,140 $11,570 $32,570
2017 $2,752 $43,710 $11,460 $32,250
2016 $2,695 $43,710 $11,460 $32,250
2015 $2,586 $0 $0 $0
2013 $2,560 $42,100 $11,040 $31,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1223390

RMLS Alliance

APN: 06-06-08-400-020