NOT LISTED FOR SALE

118 Rustic Lake Dr Colona, IL 61241

Estimated Value: $296,000 - $334,000

4 Beds
3 Baths
2,216 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $236,000 $106 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,249/month

164 Days on Market

Highlights

  • Indoor Spa
  • Deck
  • Patio
  • Geneseo High School Rated 9+
  • Bar
  • Shed

About This Home

As of November 2018

Lakefront property on double lot with 147 foot lake frontage! Seller has done extensive backyard landscaping with retaining wall & concrete steps to newer dock '16! House is in excellent condition with newer sliders and picture windows('15), all carpet replace in 2014, all new in 2017..... SS appliances installed in cherry kitchen with breakfast bar. You'll love the space with over 3,300 finished living area. Basement is fully finished, w/built in bar & walkout. Plenty of room for pool tables and gaming equipment! Decks off Master & 2nd bedroom, family room & kitchen. Lot to the North can be assigned it's own parcel number and sold for building lot.....seller purchased as 2 lots and combined the parcel. Shed new in 2017. (*141.05x190)

Last Agent to Sell the Property

Penny Egert

Ruhl&Ruhl REALTORS Moline License #475.133138/S36697000 Listed on: 05/20/2018

Ruhl&Ruhl REALTORS Moline

Last Buyer's Agent

UNREPRESENTED Properties

Unrepresented Properties License #0000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 1980

Lot Details

  • 1.28

Interior Spaces

  • 3 Full Bathrooms
  • 1.5-Story Property
  • Bar
  • Indoor Spa

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Geneseo Elementary School

Utilities

  • Water Softener is Owned
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,712

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Unit Style: 1-Level
  • Legal Description: Lots 90&91 Rustic Lake Estates 3rd Addn SW Sec 33T
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Disposal, Microwave Oven, Refrigerator, Range/Oven, Water Softener - Owned
  • Fireplace: Family Room, Rec Room
  • Interior Amenities: Built-In Bar, Garage Door Opener(s), Hot Tub
  • Number Fireplaces: 2
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Number of Full Bathrooms in the Basement: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 15x13, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Finished, Full, Walk-Out
  • Bedroom 2: Dimensions: 11x9, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x9, On Level: Upper, Flooring: Carpet
  • Bedroom 4: Dimensions: 13x11, On Level: Upper, Flooring: Carpet
  • Family Room: Dimensions: 19x13, On Level: Main, Flooring: Carpet
  • Formal Dining Room: Dimensions: 12x11, On Level: Main, Flooring: Carpet
  • Informal Dining Room: Dimensions: 11x10, On Level: Main, Flooring: Vinyl
  • Kitchen: Dimensions: 13x11, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Breakfast Bar, Dining Formal, Eat-In Kitchen
  • Laundry: Dimensions: 10x5, On Level: Main, Flooring: Vinyl
  • Living Room: Dimensions: 17x13, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 1114
  • Rec Room: Dimensions: 41x15, On Level: Basement, Flooring: Carpet
  • Total Basement Sq Ft: 1413
  • Additional Room 1: Dimensions: 13x8, On Level: Basement, Flooring: Other
  • Additional Room 2: Dimensions: 12x15, On Level: Basement, Flooring: Other
  • Price Per Sq Ft: 106.5
  • Finished Sq Ft: 2216
  • Total Sq Ft: 2216
  • Finished Main Level Sq Ft: 1288
  • Upper Level Finished Sq Ft: 928

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Patio, Shed
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Community Water System, Septic System

Condo/Co-op/Association

  • Association Annual Fee: 160

Schools

  • Elementary School: Geneseo Elem

Lot Info

  • Estimated Lot Size: 185x311.95x114.55x*
  • Lot Description: Water Frontage, Lake View, Lake/Pond
  • Subdivision: Rustic Lake Estates
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 4712.38
  • Parcel Id Number Tax Id: 0233328005

MLS Schools

  • High School School District: Geneseo High School
  • Middle School: Geneseo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2018
Closed on
Nov 21, 2018
Sold by
Salter Ronald A and Salter Barbara J
Bought by
Young Scott K and Young Marie L
Seller's Agent
Penny Egert
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
UNREPRESENTED Properties
Unrepresented Properties
List Price
$269,900
Sold Price
$236,000
Premium/Discount to List
-$33,900
-12.56%
Current Estimated Value
$323,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,138
Avg. Annual Appreciation
4.51%
Original Mortgage
$156,000
Outstanding Balance
$138,048
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$185,090

Purchase Details

Listed on
Jun 25, 2014
Closed on
Sep 24, 2014
Sold by
Pinegar Linda and Lutdke Linda
Bought by
Salter Ronald and Salter Barbara
Seller's Agent
Rose Wulgaert
NextHome QC Realty
Buyer's Agent
Penny Egert
Ruhl&Ruhl REALTORS Moline
List Price
$229,900
Sold Price
$212,000
Premium/Discount to List
-$17,900
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$172,568
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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
Young Scott K $236,000 Attorney
Salter Ronald $212,000 Meridian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Scott K $156,000
Previous Owner Salter Ronald $172,568
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2018 11/21/18 Sold $236,000 -12.6% $106 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
05/20/2018 05/20/18 For Sale $269,900 +27.3% $122 / Sq Ft
09/29/2014 09/29/14 Sold $212,000 -7.8% $94 / Sq Ft View Prior Sale
08/15/2014 08/15/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $229,900 -- $102 / Sq Ft
Source: RMLS Alliance

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 $6,731 $103,552 $23,423 $80,129
2023 $6,005 $95,528 $21,608 $73,920
2022 $5,616 $87,963 $19,897 $68,066
2021 $5,251 $81,447 $18,423 $63,024
2020 $5,055 $79,258 $17,928 $61,330
2019 $4,979 $78,074 $17,660 $60,414
2018 $4,833 $75,800 $17,146 $58,654
2017 $4,702 $73,807 $16,695 $57,112
2016 $4,445 $69,960 $15,825 $54,135
2015 -- $69,960 $15,825 $54,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4192634

RMLS Alliance

APN: 02-33-328-009