$62,000
SOLD APR 17, 2025

1570 Herman Rd Franklin Grove, IL 61031

4 Beds
1 Bath
1,704 Sq Ft
2 Acres

Recently Sold

$36 Per Sq Ft

27% Below List Price

32 Days on Market

About This Home

As of April 2025

Auction. Great opportunity on this two-story home with basement. It offers approximately 1,704 square feet of living space with 4 bedrooms and 1 bathroom. Built in 1881 repairs and updates are needed but has potential. AS-IS sale.

Last Agent to Sell the Property

Val Laborevitch

REALHome Services and Solutions, Inc. Brokerage Phone: 770-612-7251 License #471.019467 Listed on: 02/26/2025

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1881

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 357x241x359x247

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,704 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Franklin District #1 High School

Utilities

  • Forced Air Heating System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 06-09-15-400-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,492

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1881
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 36.38
  • Attribution Contact: Office: 770-612-7251
  • Special Features: None

Interior Features

  • Appliances: None
  • Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1704
  • TotalBasementSqFt: 0
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Other
  • Road Surface Type: Paved
  • Construction Type: Other, Aluminum Siding
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Heating: Natural Gas, Forced Air
  • Water Source: Other, Private Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Franklin District #1

Lot Info

  • Zoning: residential
  • Lot Size Acres: 2
  • Lot Size: 357x241x359x247
  • Parcel #: 06-09-15-400-004

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2147
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Apr 10, 2025
Sold by
Deutsche Bank Natl Trt Co Ttee
Bought by
Bivins Luke W
Seller's Agent
Val Laborevitch
REALHome Services and Solutions, Inc.
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$84,800
Sold Price
$62,000
Premium/Discount to List
-$22,800
-26.89%
Total Days on Market
32
Views
139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1798.31%

Purchase Details

Listed on
Feb 26, 2025
Closed on
Feb 20, 2025
Sold by
Lee County Sheriff
Bought by
Deutsche Bank Natl Trust Co Trustee
Seller's Agent
Val Laborevitch
REALHome Services and Solutions, Inc.
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$84,800
Sold Price
$62,000
Premium/Discount to List
-$22,800
-26.89%
Views
139

Purchase Details

Closed on
Nov 22, 2006
Sold by
Hoyle Amy and Witmer Amy L
Bought by
Gentry Scott D and Gentry Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
9.75%
Mortgage Type
Assumption
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
Special Warranty Deed $62,000 None Available
Sheriffs Deed -- None Available
Warranty Deed $95,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,750 Assumption
Previous Owner $68,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $62,000 -21.2% $36 / Sq Ft
03/30/2025 03/30/25 Pending -- -- --
03/17/2025 03/17/25 Price Changed $78,700 -7.2% $46 / Sq Ft
02/26/2025 02/26/25 For Sale $84,800 -- $50 / 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 $2,492 $39,660 $9,636 $30,024
2023 $2,147 $34,487 $8,379 $26,108
2022 $1,988 $31,639 $7,687 $23,952
2021 $1,829 $29,302 $5,786 $23,516
2020 $1,783 $28,448 $5,617 $22,831
2019 $1,755 $27,619 $5,453 $22,166
2018 $1,602 $26,303 $5,193 $21,110
2017 $1,563 $26,862 $5,867 $20,995
2016 $1,573 $26,862 $5,867 $20,995
2015 $1,589 $26,862 $5,867 $20,995
2014 $1,595 $26,862 $5,867 $20,995
2013 $2,046 $32,132 $6,602 $25,530
Source: Public Records

Agents Affiliated with this Home

  • Val Laborevitch

    Seller's Agent in 2025

    Val Laborevitch

    REALHome Services and Solutions, Inc.

    (847) 830-1129

    712 Total Sales

    Val Laborevitch
    Section Image

  • N

    Buyer's Agent in 2025

    Non-Member Agent RMLSA

    Non-MLS

See All Agents

Map

Source: RMLS Alliance

MLS Number: QC4260738

RMLS Alliance

APN: 06-09-15-400-004

Illinois Lee County Franklin Grove 61031

1570 Herman Rd, Franklin Grove, IL

This home is located at 1570 Herman Rd, Franklin Grove, IL 61031 and is currently priced at $62,000, approximately $36 per square foot. This property was built in 1881. 1570 Herman Rd is a home located in Lee County with nearby schools including Ashton-Franklin Center Elementary School, Ashton-Franklin Center Middle School, and Ashton-Franklin Center 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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