Seller's Agent in 2024
John Bearrows
Bearrows Real Estate & Auction Co
(847) 802-2961
65 in this area
80 Total Sales
16250 E Creston Rd Rochelle, IL 61068
Estimated Value: $299,000 - $2,264,530
157.8
Acres
$8,123
Price per Acre
6,873,768
Sq Ft Lot
Highlights
- Barn
- 157.8 Acre Lot
- Farmhouse Style Home
- Creston Elementary School Rated A
- Farm
- Corner Lot
About This Lot
As of December 2024Price reduced to $ 20,000/Surveyed Acre. - This is a very desirable location, close to I39 & 88 surrounded by hard surface roads. Rail potential availability. Located 2 miles east of Rochelle on the corner of Dement and Creston blacktop. This property is currently farmed as AG with industrial zoning. Land only, no Buildings
Last Agent to Sell the Property
Bearrows Real Estate & Auction Co License #471014183 Listed on: 02/08/2021
Last Buyer's Agent
Bearrows Real Estate & Auction Co License #471014183 Listed on: 02/08/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,353
Lot Details
- 157.8 Acre Lot
- Corner Lot
- Additional Parcels
- Property is zoned INDUS
Parking
- Garage
Home Design
- Farmhouse Style Home
- Wood Frame Construction
- Frame Construction
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Electricity Available at Street
- Outbuilding
Farming
- Barn
- Farm
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electricity To Lot Line
- Gas Available
- Gas Available at Street
- Private or Community Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2021
Closed on
Dec 18, 2024
Sold by
Jensen Nancy and Marlow Marjorie E
Bought by
Central Bank Illinois Ttee
Seller's Agent
John Bearrows
Bearrows Real Estate & Auction Co
Buyer's Agent
John Bearrows
Bearrows Real Estate & Auction Co
List Price
$3,156,000
Sold Price
$2,153,898
Premium/Discount to List
-$1,002,102
-31.75%
Views
69
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
-$872,133
Avg. Annual Appreciation
-31.73%
Original Mortgage
$1,000,000
Outstanding Balance
$985,214
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$296,551
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Central Bank Illinois Ttee | $2,154,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Central Bank Illinois Ttee | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $2,153,898 | -31.4% | -- |
| 11/16/2024 11/16/24 | Pending | -- | -- | -- |
| 09/13/2022 09/13/22 | Price Changed | $3,140,220 | -0.5% | -- |
| 02/08/2021 02/08/21 | For Sale | $3,156,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $6,222 | $79,884 | $46,703 | $33,181 |
| 2024 | $6,222 | $73,789 | $43,757 | $30,032 |
| 2023 | $5,872 | $69,459 | $41,344 | $28,115 |
| 2022 | $5,658 | $64,589 | $38,171 | $26,418 |
| 2021 | $5,602 | $60,887 | $36,205 | $24,682 |
| 2020 | $5,390 | $58,184 | $34,543 | $23,641 |
| 2019 | $5,202 | $56,042 | $33,097 | $22,945 |
| 2018 | $5,412 | $56,245 | $31,933 | $24,312 |
| 2017 | $5,173 | $54,269 | $30,704 | $23,565 |
| 2016 | $5,135 | $52,895 | $29,743 | $23,152 |
| 2015 | $4,686 | $52,021 | $28,869 | $23,152 |
| 2014 | $4,397 | $51,408 | $28,256 | $23,152 |
| 2013 | $4,435 | $49,842 | $26,142 | $23,700 |
Source: Public Records
Agents Affiliated with this Home
-
John Bearrows
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10991396
APN: 25-20-300-010
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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