$1,866,000
SOLD SEP 30, 2024

15602 E 700th St Osco, IL 61274

160 Acres
$11,662 Price per Acre
6,969,600 Sq Ft Lot

Recently Sold

$933 Per Sq Ft

Highlights

  • Barn
  • 160 Acre Lot
  • Machine Shed
  • Orion Middle School Rated A-
  • No HOA

About This Lot

As of September 2024

160 acres MOL. There are roughly 156.5 tillable acres with about 7 acres of waste ground/ditches and waterways. Average PI of 115. The homestead consists of roughly 3.5 acres. The home on the property is in need of cosmetic and mechanical updates, but is overall structurally sound. There are several outbuildings and grain buildings as well. The machine shop is serviceable. There are 4 grain bins with a couple in need of repair. There is a cattle barn in need of some repairs along with an open shed in similar condition. A couple of the older buildings are in need of demo. Property is sold as-is.

Last Agent to Sell the Property

Otto Nobis

Ruhl&Ruhl REALTORS Davenport Brokerage Phone: 563-441-1776 License #S61458000/475.161362 Listed on: 08/29/2024

Ruhl&Ruhl REALTORS Davenport

Last Buyer's Agent

Otto Nobis

Ruhl&Ruhl REALTORS Davenport Brokerage Phone: 563-441-1776 License #S61458000/475.161362 Listed on: 08/29/2024

Ruhl&Ruhl REALTORS Davenport

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,936

Year Built

  • Built in 1900

Home Design

  • 2,000 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Orion High School

Farming

  • Barn
  • Machine Shed

Additional Features

  • 160 Acre Lot
  • Residence on Property
  • Well

Community Details

  • No Home Owners Association
  • Osco Township Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1217100001

Property Details

Property Type

Land

Est. Annual Taxes

$9,936

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Farm
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2000
  • Building Stories: 2
  • PrincipalMeridian: 4
  • Attribution Contact: Customer: 563-441-1776
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2000
  • BelowGradeArea: 1000

Exterior Features

  • Lot Features: Agricultural
  • Road Surface Type: Paved
  • Exterior Features: Barn(s), Machine Shed, Residence
  • Other Structures: Outbuilding
  • 100YearPlain: No

Utilities

  • Utilities: Propane
  • Water Source: Private Well, Septic System

Condo/Co-op/Association

  • MandatoryAssocMonthlyFeeYN: No
  • MandatoryAssocAnnualFeeYN: No

Schools

  • High School: Orion

Lot Info

  • Zoning: Agricultural
  • Lot Size Acres: 160
  • Lot Size: unavailable
  • Cultivated Acreage: 145.81
  • Parcel #: 1217100001
  • CropShareLease: No
  • MineralRights: 1
  • SoilType: Osco, Sylvan, Radford, Muscatine, Elkhart,

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9935.78
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Sep 27, 2024
Sold by
Roger L Betcher Declaration Of Trust and Betcher Karen S
Bought by
Sca Investments Llc
Seller's Agent
Otto Nobis
Ruhl&Ruhl REALTORS Davenport
Buyer's Agent
Otto Nobis
Ruhl&Ruhl REALTORS Davenport
List Price
$1,866,000
Sold Price
$1,866,000
Views
1
Current Estimated Value
$1,531,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$334,427
Avg. Annual Appreciation
-23.15%
Original Mortgage
$1,212,000
Outstanding Balance
$1,205,324
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$326,249
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 Type Sale Price Title Company
Deed $1,866,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,212,000 New Conventional
Previous Owner $122,966 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $1,866,000 0.0% $933 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $1,866,000 -- $933 / Sq Ft
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 $9,936 $140,169 $82,210 $57,959
2023 $9,936 $128,902 $74,916 $53,986
2022 $9,289 $118,514 $68,274 $50,240
2021 $8,672 $108,930 $62,254 $46,676
2020 $8,248 $102,563 $56,949 $45,614
2019 $7,818 $97,201 $52,161 $45,040
2018 $7,388 $91,693 $47,756 $43,937
2017 $7,293 $94,929 $43,754 $51,175
2016 $7,540 $91,139 $40,179 $50,960
2015 $5,363 $87,984 $37,024 $50,960
2013 $5,363 $83,493 $32,098 $51,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4257107

RMLS Alliance

APN: 12-17-100-001