NOT LISTED FOR SALE

1 Strawberry Hill Rd Marengo, IL 60152

Riley Neighborhood

Estimated Value: $858,000 - $1,033,000

80 Acres
$11,916 Price per Acre
3,484,800 Sq Ft Lot

Last Sold November 09, 2020

Last sale price $850,000 $155 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,162/month

67 Days on Market

Highlights

  • Tudor Architecture
  • Forced Air Heating and Cooling System
  • Senior Tax Exemptions
  • Riley Community Consolidated School District 18 Rated A-
  • Garage

About This Lot

As of November 2020

Extraordinary opportunity to enjoy and profit from this 80 acre farm with landing strip, hangars, out buildings, barn, guest house, Estate house (5,500 sf) with in-law arrangement. 4 car garage, indoor pool and stocked pond with boat house. Stunning views from the Estate home of the stocked 1 acre pond, bridge, boat launch, boat house/play house, decks and gardens! Approximately 60 acres is farmed. You can think out of the box with endless potential and uses. Approximately 30,000 sf of storage, shops, office, tool room and many other uses. Storage can be used for cars, boats, RV's, trailers, tractors, planes and all types of equipment. The guest house is currently leased and has 4 bedrooms, 2 bathrooms, 2 car garage and is approximately 2400 sf. This is an absolute one of a kind property- offering income, a unique lifestyle or solid investment.

Last Agent to Sell the Property

Fred Nelson

RE/MAX Suburban License #475141281 Listed on: 06/19/2020

RE/MAX Suburban

Last Buyer's Agent

Ronald Ohr

Avenue 1 Realty Group License #471020729

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,064

Lot Details

Parking

  • Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Stucco Exterior
  • Cedar

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Flood Zone Lot
  • Finished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$14,064

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: Flood Zone (Partial)
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 5
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.2
  • Current Use: Agricultural/W Bldg, Residential-Single Family
  • Number Rooms: 18
  • Ownership Type: Land Trust
  • Potential Use: Agricultural/W Bldg, Commercial, Legal Non Conforming, Residential-Estate
  • Style Of House: Tudor
  • Type Detached: 2 Stories
  • Utilities To Site: Electric to Site, Septic-Private, Well-Private
  • Zoning Type: AGRIC
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Finished
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 7
  • Land Description: Horses Allowed, Pond/Lake
  • Road Surface: Asphalt, Brick, Concrete

Exterior Features

  • Lot Size: 25.0-99.99 Acres
  • Exterior Building Type: Brick, Cedar, Stucco
  • Acreage: 80
  • Frontage Access: County Road, On Airstrip
  • Front Footage: 1455

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage

Utilities

  • Air Conditioner: Central Air
  • Heating Fuel: Propane, Forced Air

Schools

  • Junior High Dist: 18

Lot Info

  • Lot Dimensions: 1455 X 2625
  • Land Amenities: Landing Strip, Pond/Lake
  • Parcel Identification Number: 1604100004

Building Info

  • Building Improvements: Second House, Barn, Garage/s, Machine Shed/s, Metal Building/s
  • Buildings On Land: Yes

Tax Info

  • Taxes: 26818.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Nov 9, 2020
Sold by
Agnew Patrick H and Walpole Barbara J
Bought by
1 Strawberry Hill Farms Llc
Seller's Agent
Fred Nelson
RE/MAX Suburban
Buyer's Agent
Ronald Ohr
Avenue 1 Realty Group
List Price
$999,500
Sold Price
$850,000
Premium/Discount to List
-$149,500
-14.96%
Current Estimated Value
$953,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,320
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Feb 18, 2008
Sold by
Walpole Barbara J
Bought by
Strawberry Hill Farm Storage Ltd
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
1 Strawberry Hill Farms Llc $567,000 None Available
Strawberry Hill Farm Storage Ltd -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $850,000 -10.5% $155 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/28/2020 07/28/20 Price Changed $949,900 -5.0% $173 / Sq Ft
06/19/2020 06/19/20 For Sale $999,500 -- $182 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $14,064 $263,890 $90,658 $173,232
2023 $17,314 $234,969 $80,601 $154,368
2022 $17,144 $214,678 $73,134 $141,544
2021 $12,195 $197,976 $66,832 $131,144
2020 $18,805 $229,424 $61,989 $167,435
2019 $19,926 $218,308 $58,052 $160,256
2018 $18,939 $209,896 $52,164 $157,732
2017 $18,495 $201,690 $49,218 $152,472
2016 $18,184 $192,931 $46,267 $146,664
2013 -- $149,075 $34,072 $115,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10753881

Midwest Real Estate Data (MRED)

APN: 16-04-100-004