NOT LISTED FOR SALE

11N533 Mcgough Rd Hampshire, IL 60140

Estimated Value: $375,000 - $491,000

5.47 Acres
$78,500 Price per Acre
238,273 Sq Ft Lot

Last Sold September 26, 2024

Last sale price $375,000

Est. 15% increase in value since last sale

Current estimated payment $2,748/month

1 Day on Market

Highlights

  • 5.47 Acre Lot
  • Farm
  • Laundry closet
  • Lily Lake Grade School Rated A-
  • Pole Barn
  • Baseboard Heating

About This Lot

As of September 2024

Want to build a dream home or start a hobby farm? How about run your business out of this idyllic slice of land with a steel pole barn ready to house your equipment or toys. Located southwest of charming Burlington, this property has the perfect combo of rural seclusion and readily-available amenities of the suburbs. Current owner didn't waste any expense to create his dream hobby farm. He added 220 electric, well and septic, heat and air. Also R-22 insulation. Additional upgrades include ceiling fans, garage door openers, ring key pads and security cameras, 5-hp compressor and air dryer lines with 3 reels throughout shop. Two automotive lifts, cabinets and shelving. Inside is your beautiful hide away. Kitchen, full bath with living room type area, all appliances stay. Come see seller has more money in this property than he could see returns on. Oh ya rear deck, patio, pond, and fire pit.

Last Agent to Sell the Property

Arthur Moore

Century 21 Circle License #475098840 Listed on: 08/01/2024

Century 21 Circle

Co-Listed By

Jim Sperandio

Century 21 Circle License #475098838

Last Buyer's Agent

Kelsey Proffitt

RE/MAX Connections II License #475195671

RE/MAX Connections II

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,198

Lot Details

  • 5.47 Acre Lot
  • Lot Dimensions are 360 x 900 x 330 x 1320
  • Property fronts a county road
  • Property is zoned AGRIC

Outdoor Features

  • Electricity Available at Street
  • Pole Barn

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Available at Street

Additional Features

  • Laundry closet
  • Farm

Property Details

Property Type

Land

Est. Annual Taxes

$6,198

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural, Recreational
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural/W Bldg, Estate
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: County Road
  • OtherStructures: Pole Building
  • Waterfront: No

Utilities

  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas, Baseboard, Radiant
  • Laundry Features: In Unit, Laundry Closet
  • Utilities: Electric Nearby, Gas Nearby

Lot Info

  • Lot Size Acres: 5.47
  • Lot Dimensions: 360 X 900 X 330 X 1320
  • Zoning: AGRIC
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N
  • Land Description: Cleared,Dimensions to Center of Road,Irregular

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 6198.42
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 10, 2024
Sold by
Joel R Lattanzio Declaration Of Trust and Lattanzio Joel R
Bought by
Rushing Kathy A and Rushing Richard G
Seller's Agent
Arthur Moore
Century 21 Circle
Buyer's Agent
Kelsey Proffitt
RE/MAX Connections II
List Price
$470,000
Sold Price
$375,000
Premium/Discount to List
-$95,000
-20.21%
Views
11
Current Estimated Value
$429,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,395
Avg. Annual Appreciation
13.36%
Original Mortgage
$187,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2018
Closed on
Aug 27, 2018
Sold by
Wellendorf Jeffrey P and Wellendorf Cynthia M
Bought by
Lattanzio Joel R and Joel R Lattanzio Declaration Of Trust
Seller's Agent
Christine Coleman
Coleman Land Company
Buyer's Agent
Chris Rosenburg
United Real Estate - Chicago
List Price
$220,000
Sold Price
$187,500
Premium/Discount to List
-$32,500
-14.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%

Purchase Details

Closed on
Jun 12, 2015
Sold by
Zimmer Kathleen A
Bought by
Wellendorf Jeffrey P and Wellendorf Cynthia M

Purchase Details

Closed on
Feb 1, 2005
Sold by
Wellendorf Cynthia M and Wellendorf Cynthia Marie
Bought by
Wellendorf Jeffrey P and Wellendorf Cynthia M

Purchase Details

Closed on
Jul 3, 2003
Sold by
Knief Mary H
Bought by
Wellendorf Cynthia Marie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rushing Kathy A -- None Listed On Document
Rushing Kathy A $375,000 None Listed On Document
Lattanzio Joel R $187,500 First American Title
Wellendorf Jeffrey P -- None Available
Wellendorf Jeffrey P -- Chicago Title Insurance Co
Wellendorf Cynthia Marie $172,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rushing Kathy A $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2024 09/26/24 Sold $375,000 -20.2% --
08/02/2024 08/02/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $470,000 +150.7% --
08/27/2018 08/27/18 Sold $187,500 -6.3% -- View Prior Sale
06/26/2018 06/26/18 Pending -- -- --
06/07/2018 06/07/18 Price Changed $200,000 -9.1% --
03/16/2018 03/16/18 For Sale $220,000 -- --
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 $5,877 $72,113 $42,404 $29,709
2023 $6,198 $71,415 $38,970 $32,445
2022 $5,832 $65,388 $35,679 $29,709
2021 $5,586 $61,118 $33,327 $27,791
2020 $5,463 $58,784 $32,036 $26,748
2019 $4,781 $56,764 $30,908 $25,856
2018 $4,741 $50,116 $29,252 $20,864
2017 $4,593 $47,806 $27,888 $19,918
2016 $4,630 $44,959 $26,218 $18,741
2015 -- $43,686 $25,457 $18,229
2014 -- $42,252 $25,628 $16,624
2013 -- $47,943 $30,201 $17,742
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12127779

Midwest Real Estate Data (MRED)

APN: 04-16-100-020