NOT LISTED FOR SALE

1403 W Hickory Grove Rd Dunlap, IL 61525

Estimated Value: $181,171 - $251,000

2 Beds
1 Bath
1,048 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $215,000 $205 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,567/month

138 Days on Market

Highlights

  • 5.12 Acre Lot
  • Creek On Lot
  • Ranch Style House
  • Banner Elementary School Rated A
  • Wooded Lot
  • No HOA

About This Home

As of August 2023

5.12 Acres in Dunlap!! This property would be excellent to develop into a subdivision or to build your dream home on! You will love the all the wooded views, wildlife (deer, fox, and much more) and privacy the land offers. Currently, there is a brick ranch style home with 2 bedrooms, 1 Bathroom and a 2 car detached garage on the land. Convenient to shopping, restaurants, night life, and interstate access. Don't let this opportunity pass you by. Come take your tour today!

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate License #471018071 Listed on: 03/08/2023

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate License #471018071 Listed on: 03/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,295

Year Built

  • Built in 1948

Lot Details

  • 5.12 Acre Lot
  • Lot Dimensions are 165x55x544x363x895
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,048 Sq Ft Home
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Creek On Lot

Schools

  • Dunlap High School

Utilities

  • Two Heating Systems
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Cistern
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Property is near a ravine

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 09-20-377-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,295

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 205.15
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Range/Oven
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Cable Available, High Speed Internet
  • Living Area: 1048
  • TotalBasementSqFt: 1048
  • KitchenDining: Dining/Living Combo

Exterior Features

  • Lot Features: Creek, Level, Ravine, Wooded
  • Road Surface Type: Paved
  • Construction Type: Frame, Brick
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Gravel

Utilities

  • Heating: Gas, Wood, Heating Systems - 2+, Central Air
  • Water Source: Cistern, Public, Septic System
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Dunlap

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 5.12
  • Lot Size: 165x55x544x363x895
  • Parcel #: 09-20-377-012
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3295
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Aug 31, 2023
Sold by
Spurgeon Randall H
Bought by
Kakollu Venkat Rao and Prathipati Sumithra Chowdary
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$255,000
Sold Price
$215,000
Premium/Discount to List
-$40,000
-15.69%
Views
432
Current Estimated Value
$229,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,043
Avg. Annual Appreciation
3.09%
Original Mortgage
$161,250
Outstanding Balance
$158,156
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$70,887
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
Kakollu Venkat Rao $215,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kakollu Venkat Rao $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $215,000 -10.4% $205 / Sq Ft
06/13/2023 06/13/23 Price Changed $240,000 -2.0% $229 / Sq Ft
04/18/2023 04/18/23 Price Changed $245,000 -3.9% $234 / Sq Ft
03/08/2023 03/08/23 For Sale $255,000 -71.5% $243 / Sq Ft
01/02/2012 01/02/12 Sold -- -- --
01/02/2012 01/02/12 Pending -- -- --
09/14/2009 09/14/09 For Sale $895,500 -- --
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 $4,241 $59,700 $24,480 $35,220
2023 $3,624 $56,850 $23,310 $33,540
2022 $3,295 $51,650 $21,600 $30,050
2021 $3,162 $49,190 $20,570 $28,620
2020 $3,153 $48,710 $20,370 $28,340
2019 $3,206 $50,220 $21,000 $29,220
2018 $3,161 $50,180 $20,980 $29,200
2017 $3,301 $51,730 $21,630 $30,100
2016 $3,204 $51,730 $21,630 $30,100
2015 $3,094 $50,220 $21,000 $29,220
2014 $3,050 $49,620 $20,750 $28,870
2013 -- $49,120 $20,540 $28,580
Source: Public Records

Agents Affiliated with this Home

  • Adam Merrick

    Seller's Agent in 2023

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    4,309 Total Sales

    Adam Merrick
    Section Image

  • T

    Seller's Agent in 2012

    Thomas Harrington

    Coldwell Banker Commercai

  • L

    Seller Co-Listing Agent in 2012

    Loy Spurgeon

    Coldwell Banker Devonshire Realty

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1240897

RMLS Alliance

APN: 09-20-377-012

Illinois Peoria County Dunlap 61525

1403 W Hickory Grove Rd, Dunlap, IL

This home is located at 1403 W Hickory Grove Rd, Dunlap, IL 61525 since 08 March 2023 and is currently estimated at $229,043, approximately $218 per square foot. This property was built in 1948. 1403 W Hickory Grove Rd is a home located in Peoria County with nearby schools including Banner Elementary School, Dunlap Middle School, and Dunlap High School.

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.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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