NOT LISTED FOR SALE

11002 Harmony Hill Rd Marengo, IL 60152

Riley Neighborhood

Estimated Value: $367,000 - $560,000

2 Beds

2 Baths

22,169 Sq Ft

$22/Sq Ft Est. Value

Date Sold: August 23, 2023

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

Est. 35% decrease in value since last sale

Current estimated payment $3,065 / mo

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

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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

59.5 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Aug 2023 - Present 3 Years

Company

Purchase Details

Listed on

Apr 17, 2023

Closed on

Aug 18, 2023

Sold by

Bought by

Seller's Agent

Michelle Gassensmith

Real Broker, LLC

Buyer's Agent

Michael Grismer

Beetstra, Thomas W. Real Estate

List Price

$785,000

Sold Price

$740,000

Premium/Discount to List

-$45,000

-5.73%

Views

Current Estimated Value

$482,978

Estimated Appreciation

-$257,022

Avg. Annual Appreciation

-13.30%

Original Mortgage

$355,000

Outstanding Balance

$310,839

Interest Rate

6.3%

Mortgage Type

New Conventional

Estimated Equity

$172,139

Jul 2009 - Aug 2023 14 Years and 1 Month

Company

Purchase Details

Closed on

Jul 30, 2009

Sold by

Bought by

Jan 2005 - Jul 2009 4 Years and 6 Months

Private Individual

Purchase Details

Closed on

Jan 4, 2005

Sold by

Bought by

Feb 1998 - Jan 2005 6 Years and 11 Months

Private Individual

Purchase Details

Closed on

Feb 25, 1998

Sold by

Bought by

Source: Public Records

Agents Specializing in Riley, IL

Julie Roback

Baird & Warner

(224) 279-6533

276 Total Sales

1 in Riley

$414,000 Price

Julie Roback
Larry Hines

RE/MAX Horizon

(224) 864-9728

87 Total Sales

1 in Riley

$281,000 Price

Larry Hines
Kim Suhanek

@properties Christie's International Real Estate

(224) 271-9760

85 Total Sales

1 in Riley

$560,000 Price

Kim Suhanek
Bernard Cobb

RE/MAX of Naperville

(708) 905-8047

162 Total Sales

1 in Riley

$355,000 Price

Bernard Cobb
Amy Diamond

@properties Christie's International Real Estate

(224) 271-9757

286 Total Sales

1 in Riley

$285,000 Price

Amy Diamond
Valerie Ormseth

Keller Williams Success Realty

(630) 507-9917

65 Total Sales

1 in Riley

$465,000 Price

Valerie Ormseth

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Buyer	Sale Price	Title Company
		$275,000	None Listed On Document
		$465,000	None Listed On Document
		--	None Available
		$1,247,300	Cti
		--	Fox Title Company

Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Status	Borrower	Loan Amount
	Open		$355,000

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Seller's Agent in 2023

Michelle Gassensmith

Real Broker, LLC

(815) 861-6397

4 in this area

424 Total Sales

Michelle Gassensmith
M

Buyer's Agent in 2023

Michael Grismer

Beetstra, Thomas W. Real Estate

(815) 236-4400

1 in this area

7 Total Sales

Michael Grismer
M

Seller's Agent in 2016

Michael Graft

THE HERITAGE REALTY GROUP, INC.

(847) 381-7575

3 Total Sales

Michael Graft
Buyer's Agent in 2016

Valerie Walker

Keller Williams Inspire - Geneva

(708) 557-9396

33 Total Sales

Valerie Walker

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11760902

APN: 17-29-400-002

Illinois McHenry County Marengo 60152 Riley

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes

11002 Harmony Hill Rd Marengo, IL 60152

Sale Details

Highlights

About This Home

Home Details

Home Type

Est. Annual Taxes

Year Built

Lot Details

Home Design

Interior Spaces

Bedrooms and Bathrooms

Schools

Farming

Horse Facilities and Amenities

Mobile Home

Utilities

Home Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Condo/Co-op/Association

Fee Information

Schools

Lot Info

Rental Info

Tax Info

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Purchase Details

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Riley, IL

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map