NOT LISTED FOR SALE

116 Rustic Lake Dr Colona, IL 61241

Estimated Value: $270,000 - $438,000

4 Beds
3 Baths
3,486 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2020

Last sale price $305,000 $87 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,676 / mo

66 Days on Market

Highlights

  • Water Views
  • Community Boat Dock
  • Deck
  • Geneseo High School Rated 9+
  • Home fronts a pond
  • Ranch Style House

About This Home

As of September 2020

Wow! Take a look at this beautiful, four bedroom lakefront property in Colona! You are greeted with a fabulous curb appeal right from the start! Enter through the front door to the living room with beautiful laminate flooring. The open kitchen has gorgeous floor to ceiling cabinetry, granite counter tops and a pantry. You have access to the back yard deck from the kitchen for your morning coffee! The master bedroom has double closets for storage and a full bath with a walk-in shower! The two guest bedroom and a full bath with double sink vanity completes the main level. You'll discover a fantastic family room downstairs with walk-out to the back patio and lake! Take time to relax with sunsets and sunrises on your very own boat dock to Rustic Lake. Book your showing now!

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 06/19/2020

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Sean Eckhardt

Ruhl&Ruhl REALTORS Davenport License #S60808000/475.157681

Ruhl&Ruhl REALTORS Davenport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,437

Year Built

  • Built in 1976

Lot Details

  • 27,878 Sq Ft Lot
  • Home fronts a pond
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Ranch Style House
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,486 Sq Ft Home
  • Wet Bar
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Water Views
  • Sump Pump

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Schools

  • Geneseo Elementary School
  • Geneseo High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include lake rights
  • Rustic Lake Estates Subdivision

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,437

Year Built

Built in 1976

Lot Details

0.64 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: Rustic Lake Estates
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOT 89 RUSTIC LAKE EST 3RD ADD SW SEC 33 T18N R2E
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Wet Bar
  • LivingArea: 3486
  • Other Equipment: Sump Pump, Water Heater-Gas
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room

Exterior Features

  • Construction Materials: Wood Siding, Frame
  • Lot Features: Sloped
  • OtherStructures: Boat Dock
  • Patio And Porch Features: Patio, Deck
  • View: Water
  • Waterfront Features: Pond, Waterfront

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Lake Rights, Other

Schools

  • Elementary School: Geneseo Elem
  • High School: Geneseo High School

Lot Info

  • Lot Size Acres: 0.64
  • Lot Dimensions: Irregular

Rental Info

  • Board Number: 30

Tax Info

  • Tax Annual Amount: 4437.3
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Sep 25, 2020
Sold by
Vandamme Linda and Linda Ann Van Damme Living Tru
Bought by
Goffinet Timothy John
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Sean Eckhardt
Ruhl&Ruhl REALTORS Davenport
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Current Estimated Value
$367,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,070
Avg. Annual Appreciation
3.36%
Original Mortgage
$152,500
Outstanding Balance
$108,058
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$259,012

Purchase Details

Closed on
Aug 2, 2018
Sold by
Vanvandamme Linda Van and The Walter E Van Damme Living
Bought by
Vanvandamme Linda Van and The Linda Ann Van Damme Living
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Goffinet Timothy John $305,000 Attorney
Vanvandamme Linda Van -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goffinet Timothy John $152,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $305,000 +1.7% $87 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $299,900 -- $86 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $8,765 $133,027 $16,778 $116,249
2023 $7,829 $122,719 $15,478 $107,241
2022 $7,331 $113,001 $14,252 $98,749
2021 $6,865 $104,630 $13,196 $91,434
2020 $4,511 $76,376 $9,356 $67,020
2019 $4,437 $75,235 $9,216 $66,019
2018 $4,296 $73,044 $8,948 $64,096
2017 $4,169 $71,124 $8,713 $62,411
2016 $3,921 $67,416 $8,259 $59,157
2015 $4,526 $67,416 $8,259 $59,157
2013 $4,526 $77,321 $8,342 $68,979
Source: Public Records

Agents Affiliated with this Home

  • Richard Bassford

    Seller's Agent in 2020

    Richard Bassford

    RE/MAX Concepts Bettendorf

    (309) 292-3681

    1,592 Total Sales

    Richard Bassford
    Section Image
  • Sean Eckhardt

    Buyer's Agent in 2020

    Sean Eckhardt

    Ruhl&Ruhl REALTORS Davenport

    (563) 349-8463

    161 Total Sales

    Sean Eckhardt
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4212541

Midwest Real Estate Data (MRED)

APN: 02-33-328-006

Illinois Henry County Colona 61241

116 Rustic Lake Dr, Colona, IL

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.

Midwest Real Estate Data (MRED) 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

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