NOT LISTED FOR SALE

313 W Lakeland Rd Morton, IL 61550

Estimated Value: $200,000 - $231,000

3 Beds
2 Baths
1,260 Sq Ft
$176/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $165,000 $131 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,469/month

16 Days on Market

Highlights

  • Ranch Style House
  • Solid Surface Countertops
  • Forced Air Heating System
  • Morton High School Rated A-
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of November 2023

Great opportunity in Morton! 3 bedroom, 2 bath, brick ranch with attached 2 car garage on a large lot, close to shopping and interstate, priced under appraised value. Spacious and bright living room, updated bathroom, 3 generous sized bedrooms with hardwood floors and great closets, kitchen with informal dining area and pantry. Full basement with second bath just waiting to be finished off for additional living space, or use for storage. Includes lake rights to Ossami Lake. New furnace in 2016, new roof in 2017, new electrical box in 2020. Still time to make this your Home For The Holidays!

Last Agent to Sell the Property

Elizabith Bradbury Smith

Coldwell Banker Real Estate Group Brokerage Email: lbradbury@coldwellhomes.com License #475.130851 Listed on: 10/19/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate License #471018071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 94x189
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Window Treatments
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Morton High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include lake rights
  • Ossami Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060608400018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,418

Year Built

Built in 1966

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1966
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 130.95
  • Age55PlusDevelopment: No
  • Attribution Contact: lbradbury@coldwellhomes.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Hood/Fan, Range/Oven, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Cable Available, Garage Door Opener(s), Solid Surface Counter, Ceiling Fan(s), Window Treatments
  • Living Area: 1260
  • TotalBasementSqFt: 1260
  • KitchenDining: Dining Informal,Pantry

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Exterior Features: Replacement Windows
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

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

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central Air
  • Water Source: Public, Public Sewer
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Lake Rights
  • Association Fee: 300

Schools

  • High School: Morton

Lot Info

  • Lot Size: 94X189
  • Parcel #: 060608400018

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3418
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 14, 2023
Sold by
Marvin R & Chrisanne A Burr Revocable Li
Bought by
Patel Govindbhai
Seller's Agent
Elizabith Bradbury Smith
Coldwell Banker Real Estate Group
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$195,000
Sold Price
$165,000
Premium/Discount to List
-$30,000
-15.38%
Views
85
Current Estimated Value
$209,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,923
Avg. Annual Appreciation
10.11%

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jan 24, 2020
Sold by
Abel Jeannette C and Martha C Abel Revocable Trust
Bought by
Seibert Properties Llc
Seller's Agent
Shannon Fonner
Sunflower Real Estate Group, LLC
Buyer's Agent
Scott Vreeland
Signature Heights Realty, LLC
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$110,000
Interest Rate
3.73%
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
Patel Govindbhai $165,000 Peoria Title
Seibert Properties Llc $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seibert Properties Llc $110,000
Previous Owner Abel Martha C $74,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $165,000 -5.7% $131 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $175,000 -5.4% $139 / Sq Ft
10/30/2023 10/30/23 Price Changed $185,000 -5.1% $147 / Sq Ft
10/19/2023 10/19/23 For Sale $195,000 +56.0% $155 / Sq Ft
01/24/2020 01/24/20 Sold $125,000 -7.4% $99 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $135,000 -- $107 / 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 $3,535 $70,840 $9,690 $61,150
2023 $3,535 $48,200 $9,030 $39,170
2022 $3,418 $44,260 $8,290 $35,970
2021 $3,288 $42,560 $7,970 $34,590
2020 $3,187 $42,140 $7,890 $34,250
2019 $3,685 $48,850 $8,270 $40,580
2018 $3,617 $48,850 $8,270 $40,580
2017 $3,524 $48,370 $8,190 $40,180
2016 $3,457 $48,370 $8,190 $40,180
2015 $3,337 $0 $0 $0
2013 $3,303 $46,590 $7,890 $38,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1246243

RMLS Alliance

APN: 06-06-08-400-018