NOT LISTED FOR SALE

11409 N Grove Rd Sycamore, IL 60178

Estimated Value: $527,000 - $923,372

3 Beds
2 Baths
2,000 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $675,000 $338 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,495/month

2 Days on Market

Highlights

  • Barn
  • River Front
  • Mature Trees
  • Horses Allowed On Property
  • 42 Acre Lot
  • Farmhouse Style Home

About This Home

As of June 2023

Rare opportunity to own a property for sale for the first time since 1888. 42 acres MOL with a farmstead, mature woods, and 2,500' of frontage on the Kishwaukee River ideally located just minutes from Sycamore. There is approximately 36 acres of woods, 5 acres tillable crop land and a 1-acre farmstead with out buildings. When taking a walk to the river through the mature woods with diverse and abundant wildlife on this unique property you feel worlds away from the strain and tension of everyday life, yet the grocery store is a 5-minute drive away. Though, with the 5 acres of tillable ground and AG-1 zoning you could have an entirely self-sufficient estate complete with home raised crops and livestock. If you're not quite ready to turn the clock back 150 years and churn your own butter, this peaceful, picturesque parcel is the perfect place to construct your one of a kind forever home but still honor the history of the land by searching for arrowheads unearthed after a hard summer rain. The old growth hardwood forest has not been hunted in decades making this is a sportsman's or conservationists paradise that boasts of half a mile of river frontage with bald eagles cruising overhead in an area known for small-mouth bass and springtime northern pike. The 3-bedroom 2 full bath farmhouse is in need of updates but has a recently replaced roof, new furnace, well and septic replaced in 2007, and good bones. The farmhouse could be your hunting lodge only an hour's drive from Chicago and a 5-minute Uber from a burger and beer in downtown Sycamore. Schedule a showing and be sure to set aside enough time to walk the 1.5-mile trail loop to see a fraction of what this property offers. Remember to wear long pants and sturdy shoes! Additional acres are available .

Last Listed By

Matthew Hoffman

Hoffman Realty License #475154045 Listed on: 03/31/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,552

Lot Details

  • 42 Acre Lot
  • River Front
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,552

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 2000
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 675000
  • Lot Features: Horses Allowed, River Front, Wooded, Mature Trees, Backs to Trees/Woods, Pasture
  • OtherStructures: Barn(s)
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Window/Wall Unit - 1
  • Heating: Propane, Forced Air
  • 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

  • Middle/Junior School District: 427

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 42
  • Lot Dimensions: 42
  • Rural (Y/N): Y
  • Lot Size: 10+ Acres
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 6551.56
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 11, 2023
Sold by
Pearson William A and Pearson Barbara M
Bought by
Pearson William A and Pearson Gloria G
Seller's Agent
Matthew Hoffman
Hoffman Realty
Buyer's Agent
Margaret McMillin
Main Street Real Estate Group
List Price
$675,000
Sold Price
$675,000
Total Days on Market
2
Views
130
Current Estimated Value
$725,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,186
Avg. Annual Appreciation
-0.16%
Original Mortgage
$375,000
Outstanding Balance
$345,069
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$327,844

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
Pearson William A -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Richard $375,000
Closed Pearson William A $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $675,000 0.0% $338 / Sq Ft
03/31/2023 03/31/23 For Sale $675,000 -- $338 / 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 $5,685 $73,562 $19,317 $54,245
2023 $5,685 $67,398 $17,738 $49,660
2022 $5,998 $79,390 $31,218 $48,172
2021 $5,674 $74,019 $28,585 $45,434
2020 $5,323 $69,302 $26,220 $43,082
2019 $5,020 $65,673 $24,185 $41,488
2018 $4,763 $62,065 $22,284 $39,781
2017 $4,461 $57,806 $20,381 $37,425
2016 $4,277 $54,767 $18,798 $35,969
2015 -- $51,185 $17,217 $33,968
2014 -- $50,020 $16,343 $33,677
2013 -- $50,333 $15,693 $34,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11748778

Midwest Real Estate Data (MRED)

APN: 05-13-300-013