Seller's Agent in 2023
Matthew Hoffman
Hoffman Realty
(815) 501-3351
14 in this area
74 Total Sales
1523 W Motel Rd Sycamore, IL 60178
Estimated Value: $338,000 - $1,471,000
4
Beds
3
Baths
1,924
Sq Ft
$392/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- River Front
- Mature Trees
- Second Kitchen
- 111 Acre Lot
- Wetlands Adjacent
About This Home
As of September 2023Once in a generation opportunity to acquire a home and outbuilding located on 111 acres of income producing and recreational acreage with approximately half a mile of Kishwaukee River frontage. Located in DeKalb County only 5 minutes from downtown Sycamore. Property income of approximately $30,000/year is generated from cropland and Conservation Reserve Program acreage including native grass and trees. The unique combination of cropland, native grassland, forest, wetland, and river provides habitat to a host of different wildlife species. AG zoning allows for all permitted outdoor recreational activities such as camping, shooting sports and archery, hiking, hunting, fishing, and ATVing. The 2022 taxes with homeowner exemption are $8,744.00. The nearly mature CRP trees were planted in 2001 and include black walnut, burr oak, red oak, pecan, pin oak, hickory, silver maple, and swamp white oak. The tree planting provides additional income opportunity in the future as the lumber can be select harvested. The 2000 SF 4-bedroom 3 bath ranch home was custom built in 1983 and features geothermal heat and cooling and additional 1100 SF in-law suite complete with full kitchen, bathroom, living room and bedroom on the south side of the English basement providing tons of natural light in the lower level. This was designed, constructed, and maintained as a "forever' home and just needs your updates and personal cosmetic touches to make into your own forever home or natural get-away to pass down to future generations. A 40' x 82' Morton building with heated shop provides ample storage for equipment or toys to maintain or enjoy your unique property with. Schedule a viewing today!
Last Agent to Sell the Property
Hoffman Realty License #475154045 Listed on: 07/07/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,744
Year Built
- Built in 1983
Lot Details
- 111 Acre Lot
- River Front
- Wetlands Adjacent
- Mature Trees
- Wooded Lot
- Additional Parcels
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,924 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Family Room Downstairs
- Living Room with Fireplace
- Dining Room
- Home Office
Kitchen
- Second Kitchen
- Built-In Double Oven
- Electric Oven
- Cooktop
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- English Basement
- Finished Basement Bathroom
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Heat Pump System
- Geothermal Heating and Cooling
- Heating System Uses Wood
- Well
- Water Softener is Owned
- Private or Community Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2023
Closed on
Sep 14, 2023
Sold by
Amy L Bemis Trust
Bought by
Patton Jeffrey A and Patton Angela M
Seller's Agent
Matthew Hoffman
Hoffman Realty
Buyer's Agent
Jeff Patton
J & A Real Estate
List Price
$1,550,000
Sold Price
$1,350,000
Premium/Discount to List
-$200,000
-12.9%
Views
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$596,271
Avg. Annual Appreciation
-29.54%
Original Mortgage
$1,250,000
Interest Rate
6.9%
Mortgage Type
Construction
Purchase Details
Listed on
Jul 7, 2023
Closed on
Sep 9, 2023
Sold by
Kohler Family Partnership
Bought by
Amy L Bemis Trust and Bemis
Seller's Agent
Matthew Hoffman
Hoffman Realty
Buyer's Agent
Jeff Patton
J & A Real Estate
List Price
$1,550,000
Sold Price
$1,350,000
Premium/Discount to List
-$200,000
-12.9%
Views
83
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.9%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 20, 2020
Sold by
Kohlerl Fmfaily Lt
Bought by
Cofl Susaan J and Kohleri Mark J
Purchase Details
Closed on
Jan 3, 2017
Sold by
Coldagelli Susan J and Kohler Mark J
Bought by
Kohler Family Partnership
Purchase Details
Closed on
Dec 31, 2016
Sold by
Kohler Trust
Bought by
Coldagelli Susan J and Kohler Mark J
Purchase Details
Closed on
Dec 28, 2016
Sold by
Kohler Trust
Bought by
Coldagelli Susan J and Kohler Mark J
Purchase Details
Closed on
Jan 22, 2014
Sold by
Kohler Donald J
Bought by
Kohler Betty J
Purchase Details
Closed on
Sep 28, 2009
Sold by
Kohler Donald J
Bought by
Kohler Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patton Jeffrey A | $300,000 | None Listed On Document | |
| Amy L Bemis Trust | $1,350,000 | None Listed On Document | |
| Cofl Susaan J | $2,465 | None Available | |
| Kohler Family Partnership | -- | -- | |
| Kohler Family Pa | -- | -- | |
| Coldagelli Susan J | -- | -- | |
| Coldagelli Susan J | -- | -- | |
| Kohler Betty J | -- | -- | |
| Kohler Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Amy L Bemis Trust | $1,250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2023 09/12/23 | Sold | $1,350,000 | -12.9% | $702 / Sq Ft |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- |
| 07/07/2023 07/07/23 | For Sale | $1,550,000 | -- | $806 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,280 | $87,556 | $19,358 | $68,198 |
| 2023 | $6,280 | $80,450 | $17,682 | $62,768 |
| 2022 | $7,587 | $92,505 | $31,500 | $61,005 |
| 2021 | $7,274 | $86,789 | $29,027 | $57,762 |
| 2020 | $6,920 | $81,800 | $26,824 | $54,976 |
| 2019 | $6,619 | $78,089 | $25,000 | $53,089 |
| 2018 | $5,907 | $74,321 | $23,254 | $51,067 |
| 2017 | $5,593 | $69,684 | $21,406 | $48,278 |
| 2016 | $5,424 | $66,504 | $19,951 | $46,553 |
| 2015 | -- | $62,589 | $18,405 | $44,184 |
| 2014 | -- | $61,526 | $17,686 | $43,840 |
| 2013 | -- | $62,361 | $17,381 | $44,980 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Hoffman
-
Jeff Patton
J
Buyer's Agent in 2023
Jeff Patton
J & A Real Estate
(815) 970-0679
9 in this area
9 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11824966
APN: 05-25-200-011
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