NOT LISTED FOR SALE

11002 Harmony Hill Rd Marengo, IL 60152

Riley Neighborhood

Estimated Value: $415,000 - $684,000

2 Beds
2 Baths
22,169 Sq Ft
$23/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $740,000 $33 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $3,043/month

21 Days on Market

Highlights

  • Barn
  • Stables
  • Laundry Room
  • Riley Community Consolidated School District 18 Rated A-
  • 59.5 Acre Lot
  • 1-Story Property

About This Home

As of August 2023

The property is a parcel consisting of 59.454 acres of land zoned E-1 Estate District under the McHenry County Unified Development Ordinance. Currently there are improvements on the site that include a mobile home and a residence attached to an equestrian facility with a riding arena, and horse stables for boarding. The gross square footage area for all buildings combined is 21,169s.f. There are also exterior fenced turn out/pasture areas used by the current tenant operator. The lot area also includes approximately 35 acres of tillable land (there is currently a Crop Rent/Farmer Agreement in place). This property would make a great investment opportunity. For a developer, there are plans that include 1 acre lots for development.

Last Agent to Sell the Property

Michelle Gassensmith

Real Broker, LLC License #475133660 Listed on: 04/17/2023

Last Buyer's Agent

Michael Grismer

Beetstra, Thomas W. Real Estate License #475140163

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,310

Year Built

  • Built in 1970

Lot Details

  • 59.5 Acre Lot
  • Lot Dimensions are 1936x1280x1942x1275

Home Design

  • Aluminum Siding

Interior Spaces

  • 22,169 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Marengo High School

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Stables
  • Riding Ring

Mobile Home

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,310

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 22169
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 770
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 770
  • Flooring: Carpet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Other
  • Lot Features: Horses Allowed
  • OtherStructures: Barn(s), Mobile Home, Stable(s), Corral(s), Outdoor Riding Ring
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Marengo High School

Lot Info

  • Lot Size Acres: 59.5
  • Lot Dimensions: 1936X1280X1942X1275
  • Rural (Y/N): Y
  • Lot Size: 10+ Acres
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 5309.78
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2009
Sold by
Graft Michael J
Bought by
Heritage Estates Limited Partnership
Current Estimated Value
$508,578

Purchase Details

Closed on
Jan 4, 2005
Sold by
Harris Trust & Savings Bank
Bought by
Graft Michael J

Purchase Details

Closed on
Feb 25, 1998
Sold by
Cole Taylor Bank
Bought by
Harris Bank Woodstock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.23%
Source: Public Records
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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
Heritage Estates Limited Partnership -- None Available
Graft Michael J $1,247,300 Cti
Harris Bank Woodstock -- Fox Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Bank Woodstock $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $740,000 -5.7% $33 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $785,000 0.0% $35 / Sq Ft
06/22/2016 06/22/16 Rented $4,200 0.0% --
05/31/2016 05/31/16 For Rent $4,200 -- --
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 $4,920 $96,164 $44,881 $51,283
2023 $6,287 $88,111 $40,629 $47,482
2022 $7,385 $95,344 $51,113 $44,231
2021 $5,310 $89,964 $47,597 $42,367
2020 $7,243 $86,900 $45,328 $41,572
2019 $7,745 $82,944 $42,670 $40,274
2018 $7,314 $79,082 $40,118 $38,964
2017 $7,171 $76,052 $38,043 $38,009
2016 $7,092 $73,015 $36,014 $37,001
2013 -- $67,759 $32,230 $35,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11760902

Midwest Real Estate Data (MRED)

APN: 17-29-400-002