NOT LISTED FOR SALE

1220 S Gale Rd Oregon, IL 61061

Estimated Value: $325,473 - $424,000

2 Beds
1.5 Baths
1,536 Sq Ft
$239/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $290,000 $189 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,384/month

51 Days on Market

Highlights

  • 5.1 Acre Lot
  • Open Floorplan
  • Deck
  • Oregon High School Rated 9+
  • Mature Trees
  • Ranch Style House

About This Home

As of November 2023

Endless country views await from your own 5.1 acre parcel, ranch home & 40x80 outbuilding! One owner 2 BR 1 1/2 bath with attached 2 car (23x31) garage w/opener, insulated & finished with steel on walls & ceiling, deck off back of garage. Spacious kitchen with oak cabinetry, breakfast counter bar with stools that stay, gas stove, built in microwave. Open eating area & living room with gas log FP and sliders to your front porch. Heated & insulated outbuilding with 37x35 finished with concrete floor, floor drain & full bath with 23x11 office/man cave space with WB fireplace and separate entrance with deck. 2 overhead doors & 13x6 sliding door, 220 amp service, unfinished space 34x37 ready for your finishing touches or additional storage space. Nature abounds in your own backyard with fruit trees, grape arbor, raspberry bushes, asparagus patch and your own chicken coop. Located on a paved road, home warranty plan offered. Don't miss this great property!

Last Agent to Sell the Property

Carrie Rowland

RE/MAX of Rock Valley License #475181619 Listed on: 09/05/2023

RE/MAX of Rock Valley

Last Buyer's Agent

Carla Benesh

RE/MAX of Rock Valley License #471010258

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,808

Year Built

  • Built in 2006

Lot Details

  • 5.1 Acre Lot
  • Lot Dimensions are 260x725
  • Poultry Coop
  • Mature Trees
  • Garden

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Steel Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • Open Floorplan
  • Fireplace With Gas Starter
  • Sliding Doors
  • Living Room with Fireplace
  • Carbon Monoxide Detectors
  • Property Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,808

Year Built

Built in 2006

Lot Details

5.1 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Water Softener Owned
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Open Floorplan
  • LivingArea: 1536
  • Other Equipment: Water-Softener Owned, CO Detectors
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1536
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 1536
  • Door Features: Sliding Glass Door(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Workshop
  • Lot Features: Mature Trees, Garden, Views
  • OtherStructures: Outbuilding, Poultry Coop
  • Roof: Metal
  • Waterfront: No
  • Exterior Building Type: Steel Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Gravel
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: None
  • Heating: Electric, Propane
  • Laundry Features: Gas Dryer Hookup
  • 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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.1
  • Lot Dimensions: 260X725
  • Rural (Y/N): Y
  • Lot Size: 4.0-4.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2808
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 22, 2023
Sold by
Layman Carie L and Edward C Giese Estate Edward C Giese Estate
Bought by
Labay Paul L and Labay Twila M
Seller's Agent
Carrie Rowland
RE/MAX of Rock Valley
Buyer's Agent
Carla Benesh
RE/MAX of Rock Valley
List Price
$370,000
Sold Price
$290,000
Premium/Discount to List
-$80,000
-21.62%
Views
209
Current Estimated Value
$366,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,868
Avg. Annual Appreciation
11.12%
Original Mortgage
$217,500
Outstanding Balance
$213,390
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$153,478
Source: Public Records
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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
Labay Paul L $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labay Paul L $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $290,000 -12.1% $189 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/21/2023 10/21/23 Price Changed $330,000 -10.8% $215 / Sq Ft
10/21/2023 10/21/23 For Sale $370,000 0.0% $241 / Sq Ft
09/30/2023 09/30/23 Pending -- -- --
09/16/2023 09/16/23 Price Changed $370,000 -6.8% $241 / Sq Ft
09/05/2023 09/05/23 For Sale $397,000 -- $258 / 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 $6,003 $74,769 $11,143 $63,626
2023 $3,358 $49,879 $8,501 $41,378
2022 $2,809 $47,292 $7,855 $39,437
2021 $2,831 $45,137 $7,315 $37,822
2020 $2,861 $43,796 $6,973 $36,823
2019 $2,851 $43,633 $6,917 $36,716
2018 $2,843 $42,396 $6,602 $35,794
2017 $2,828 $42,377 $6,583 $35,794
2016 $2,738 $41,642 $6,566 $35,076
2015 $2,654 $42,323 $6,551 $35,772
2014 $2,625 $42,312 $6,540 $35,772
2013 $2,662 $43,327 $6,536 $36,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11876590

Midwest Real Estate Data (MRED)

APN: 16-07-200-023

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