NOT LISTED FOR SALE

501 Pierce St Morton, IL 61550

Estimated Value: $78,000 - $82,499

0.66 Acre
$121,780 Price per Acre
28,750 Sq Ft Lot

Last Sold September 01, 2020

Last sale price $55,000

Est. 46% increase in value since last sale

Current estimated payment $522/month

155 Days on Market

About This Lot

As of September 2020

Rare duplex lot in existing neighborhood in the heart of Morton on .66 acres. Within walking distance to junior high and high school. Please request plat if interested in seeing the layout of the lot.

Last Agent to Sell the Property

Laura Martin

RE/MAX Traders Unlimited License #475126374 Listed on: 03/12/2020

RE/MAX Traders Unlimited

Last Buyer's Agent

Laura Martin

RE/MAX Traders Unlimited License #475126374 Listed on: 03/12/2020

RE/MAX Traders Unlimited

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,167

Lot Details

Schools

  • Morton High School

Property Details

Property Type

Land

Est. Annual Taxes

$1,167

Lot Details

0

Listing Details

  • Class: Lots/Acres/Farms
  • Type: Lots
  • Legal Description: SEC 16 T25N R3W Pierce Street Subd Lot SW 1/4 0.66 AC
  • Lvt Date: 03/12/2020
  • Miscellaneous: Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Curbs & Gutters

Utilities

  • Water Sewer: Public Sewer, Public Water
  • Utilities Available: Electricity/Lot Line, Natural Gas/Lot Line

Schools

  • High School: Morton
  • High School: Morton

Lot Info

  • Estimated Lot Size: See Plat
  • Lot Description: Level
  • Zoning: Multi-Family
  • Estimated Number of Acres: 0.66
  • Subdivision: Pierce
  • Total Number Of Lots: 1
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1167.03
  • Parcel Id Number Tax Id: 06-06-16-322-13
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Aug 31, 2020
Sold by
Vaccaro Eugene D and Vaccaro Cesli M
Bought by
Holmes Properties Llc
Seller's Agent
Laura Martin
RE/MAX Traders Unlimited
Buyer's Agent
Laura Martin
RE/MAX Traders Unlimited
List Price
$74,900
Sold Price
$55,000
Premium/Discount to List
-$19,900
-26.57%
Current Estimated Value
$80,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,375
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Aug 22, 2005
Sold by
Greene Gary R
Bought by
Vaccaro Eugene D and Vaccaro Cesli M
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Holmes Properties Llc $55,000 Hometown Title Inc
Vaccaro Eugene D $51,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $55,000 -15.3% --
08/14/2020 08/14/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $64,900 -13.4% --
03/12/2020 03/12/20 For Sale $74,900 -- --
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 $1,168 $17,100 $17,100 --
2023 $1,168 $15,930 $15,930 --
2022 $1,130 $14,630 $14,630 $0
2021 $1,087 $14,070 $14,070 $0
2020 $1,054 $13,930 $13,930 $0
2019 $1,051 $13,930 $13,930 $0
2018 $1,032 $13,930 $13,930 $0
2017 $1,005 $13,790 $13,790 $0
2016 $985 $13,280 $13,280 $0
2015 $951 $0 $0 $0
2013 $942 $13,280 $13,280 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAPA1213436

RMLS Alliance

APN: 06-06-16-322-013