NOT LISTED FOR SALE

1276 N Tower Rd Freeport, IL 61032

Estimated Value: $52,913 - $268,000

4.85 Acres
$25,836 Price per Acre
211,266 Sq Ft Lot

Last Sold August 19, 2024

Last sale price $51,100

Est. 145% increase in value since last sale

Current estimated payment $787/month

349 Days on Market

About This Lot

As of August 2024

4.85 acres - Many Possibilities - Great for Hunting! Zoned COMMERCIAL - 2 trails and a small arms firing area. Both long sides of the lot are grassy areas great for food plots or large garden areas. The main driveway was put in by the township in 2017 along with a new entrance cut into the Tower road facing side of the property. The entrance leads to a large clearing in the center of the property.

Last Agent to Sell the Property

Kimberly Taylor

NextHome First Class License #471013351 Listed on: 08/23/2023

NextHome First Class

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,382

Lot Details

  • Lot Dimensions are 413x602x368x619
  • Property fronts a county road

Utilities

  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$1,382

Lot Details

0

Listing Details

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

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 413
  • Frontage Type: County Road, Public Road
  • List Price: 55000
  • Waterfront: No

Utilities

  • Utilities: None

Schools

  • Middle/Junior School District: 145

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 413X602X368X619
  • Lot Size: 4.0-4.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1381.9
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Aug 20, 2024
Sold by
Kerchner Alec J
Bought by
1276 North Tower Road and Te
Seller's Agent
Kimberly Taylor
NextHome First Class
Buyer's Agent
Non Member
NON MEMBER
List Price
$55,000
Sold Price
$51,100
Premium/Discount to List
-$3,900
-7.09%
Views
3647
Current Estimated Value
$125,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,204
Avg. Annual Appreciation
122.74%

Purchase Details

Closed on
Jun 1, 2014
Sold by
Sheely Kenneth E
Bought by
Bowman Richard M and Bowman Rosary M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1276 North Tower Road $51,100 --
Bowman Richard M $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $51,100 -7.1% --
08/08/2024 08/08/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $55,000 +7.6% --
06/01/2024 06/01/24 Off Market $51,100 -- --
10/14/2023 10/14/23 Price Changed $55,000 -8.3% --
08/24/2023 08/24/23 For Sale $60,000 -- --
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 $1,476 $12,806 $12,806 $0
2023 $1,374 $12,644 $12,644 $0
2022 $1,382 $11,715 $11,715 $0
2021 $1,312 $11,715 $11,715 $0
2020 $1,352 $11,715 $11,715 $0
2019 $1,338 $11,485 $11,485 $0
2018 $1,329 $11,371 $11,371 $0
2017 $1,329 $11,371 $11,371 $0
2016 $985 $8,496 $8,496 $0
2015 $964 $8,370 $8,370 $0
2013 $932 $8,784 $8,784 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11868207

Midwest Real Estate Data (MRED)

APN: 07-14-20-400-032