NOT LISTED FOR SALE

11545 Olson Rd Belvidere, IL 61008

Estimated Value: $345,000 - $476,000

1.06 Acres
$370,364 Price per Acre
46,174 Sq Ft Lot

Last Sold May 15, 2020

Last sale price $32,500

Est. 1,108% increase in value since last sale

Current estimated payment $2,749/month

11 Days on Market

About This Lot

As of May 2020

Over 1 acre unrestricted lot in Boone County - No subdivision restrictions. Want an outbuilding, not a problem - Located on the NE corner of Olson Rd and Riverside - only 3 minutes to I-90 access & the new Mercy Health Center - Approved for normal well and septic - Belvidere school district and low Boone County tax rate of 9.58 -Nice tree lined lot. Buy now, build when you want - Florida owner says sell!!!

Last Agent to Sell the Property

Larry Petry

Keller Williams Realty Signature License #475096513 Listed on: 03/30/2020

Keller Williams Realty Signature

Last Buyer's Agent

Teresa Shreve

Gambino Realtors License #475130576

Gambino Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,017

Year Built

  • 2020

Lot Details

  • 1.06 Acre Lot
  • Wooded Lot

Schools

  • Seth Whitman Elementary School
  • Belvidere Central Middle School
  • Belvidere North High School

Utilities

  • Well
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$1,017

Year Built

2020

Lot Details

0

Listing Details

  • Class: LAND
  • Front: 225.01
  • General Features: County Taxes
  • Grid: B6
  • Legal Description: Lot 6 Plat 2 Woodwick Sub.
  • Lot Acreage: 1.06
  • Lvt Date: 03/30/2020
  • Rear: 223.61
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 202.89
  • Side R: 206.52
  • Agent Only_ L A1 User Code: 680
  • Elementary School: Seth Whitman Elem
  • Pertinent Facts: Over 1 acre unrestricted lot in Boone County - No subdivision restrictions. Want an outbuilding, not a problem - Located on the NE corner of Olson Rd and Riverside - only 3 minutes to I-90 access & the new Mercy Health Center - Approved for normal well and septic - Belvidere school district and low Boone County tax rate of 9.58 -Nice tree lined lot. Buy now, build when you want - Florida owner says sell!!!
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Utilities

  • Sewer: Septic
  • Water: Well

Schools

  • School District: Belvidere 100
  • Elementary School: Seth Whitman Elem
  • Middle School: Belvidere Central Middle
  • High School: Belvidere North

Lot Info

  • Land Features: Wooded

Tax Info

  • Year: 2018
  • Taxes: 1017

MLS Schools

  • HighSchool: Belvidere North
  • School District: Belvidere 100
  • Middle School: Belvidere Central Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2005
Bought by
Pinnow Albert and Pinnow Virginia
Total Days on Market
11
Current Estimated Value
$392,586
Source: Public Records

Similar Property in Belvidere, IL

  • Lot 2 Chrysler Dr, Belvidere, IL 61008

    $330,000

    • Land
    • 1.14 Acres
    • $289,474 per Acre
    • Lot 2 Chrysler Dr
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    There is lots to know here. This land is in the Enterprise Zone, meaning there are huge tax breaks. 80% Tax reduction in year 1. 60% Tax reduction in year 2. 40 % Tax reduction in year 3. 20 % Tax reduction in year 4. Building Permit HALF OFF PLUS No Sales Tax on all building material. Hi Visibility to Hwy 20. Please see the brochure. Click: Additional Information

    Tom Jurs Hometown Realty, Ltd.

    Section Image

Range of Values:

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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
Pinnow Albert -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $32,500 -7.1% --
04/10/2020 04/10/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $35,000 -- --
Source: NorthWest Illinois Alliance of REALTORS®

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
2023 $6,554 $82,174 $13,948 $68,226
2022 $6,006 $76,696 $13,948 $62,748
2021 $4,936 $61,584 $13,948 $47,636
2020 $956 $10,615 $10,615 $0
2019 $973 $10,615 $10,615 $0
2018 $1,018 $10,615 $10,615 $0
2017 $984 $10,790 $10,790 $0
2016 $1,021 $10,721 $10,721 $0
2015 $1,700 $17,301 $17,301 $0
2014 $23,090 $17,301 $17,301 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202001600

NorthWest Illinois Alliance of REALTORS®

APN: 05-05-152-011