NOT LISTED FOR SALE

16989 E Ritchie Rd Rochelle, IL 61068

Estimated Value: $515,000 - $899,109

4 Beds
2 Baths
2,800 Sq Ft
$253/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2024

Last sale price $850,000 $304 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $5,362 / mo

40 Days on Market

Highlights

  • Barn
  • Second Garage
  • Main Floor Bedroom
  • Stables
  • 10.02 Acre Lot
  • Screened Porch

About This Home

As of June 2024

The opportunity of a lifetime to own this gorgeous equestrian estate on 10 acres. Prestigious location is well known as a great venue for rodeo events, private parties, horse boarding, margarita festival and much more. Beautiful and spacious farmhouse with open floor concept. You will love the huge kitchen and formal dining room. First floor master bedroom with walk in closet and adjacent to 1st floor full bath. Room for everyone on the 2nd floor with 3 spacious bedrooms and remodeled bathroom. Walk out from the living room to the wrap around porch for beautiful views at sunset or morning coffee. Home surrounded by big trees and fruit trees for privacy. Permits in place for rodeo events. 100x60 pavilion has a music stage and sits about 150. 65x30 warehouse with high ceilings ideal to store large equipment or incorporate to the pavilion for additional seating. 15 horse stalls on the 105x50 barn with room for more. The outdoor arena has plenty of seating and parking for audience. 100+ free range chickens with chicken coop. Car collectors dream with plenty of garage space and additional structures to store them. Property is conveniently located near major highways. Don't miss this business opportunity.MULTIPLE OFFERS RECEIVED HIGHEST & BEST DO MONDAY APRIL 29TH AT 4:00PM

Last Agent to Sell the Property

Oralia Herrera

Century 21 TK Realty License #471000493 Listed on: 03/21/2024

Century 21 TK  Realty

Last Buyer's Agent

Ruby Serrano

First Rate Properties License #475176234

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,230

Year Built

  • Built in 1920

Lot Details

  • 10.02 Acre Lot
  • Lot Dimensions are 770.88x548x577x942

Parking

  • 4 Car Garage
  • Second Garage
  • Multiple Garages
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Utility Building
  • Outbuilding

Schools

  • Lincoln Elementary School
  • Rochelle Middle School
  • Rochelle Township High School

Farming

  • Barn
  • Grain Storage

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables
  • Arena
  • Riding Ring

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Power Generator
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,230

Year Built

Built in 1920

Lot Details

10.02 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Water Softener
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: First Floor Bedroom
  • LivingArea: 2800
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s), Generator
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch Screened
  • Lot Features: Horses Allowed
  • OtherStructures: Barn(s), Grain Storage, Outbuilding, Second Garage, Stable(s), Arena, Garage(s), Outdoor Riding Ring, Storage, Utility Building(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Propane, Forced Air, Wood
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Rochelle Township High School
  • Middle/Junior School: Rochelle Middle School

Lot Info

  • Lot Size Acres: 10.02
  • Lot Dimensions: 770.88X548X577X942
  • Rural (Y/N): Y
  • Lot Size: 10+ Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4230.18
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jun 10, 2024
Sold by
Pena Maria and Aguirre Javier
Bought by
Fajo Properties Llc
Seller's Agent
Oralia Herrera
Century 21 TK Realty
Buyer's Agent
Ruby Serrano
First Rate Properties
List Price
$849,900
Sold Price
$850,000
Premium/Discount to List
$100
0.01%
Views
144
Current Estimated Value
$707,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$142,945
Avg. Annual Appreciation
-9.52%

Purchase Details

Closed on
Mar 28, 2007
Sold by
Mack Lloyd N and Mack Sandra M
Bought by
Pena Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.31%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Fajo Properties Llc $850,000 Chicago Title
Pena Maria $323,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Maria $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $850,000 0.0% $304 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $849,900 -- $304 / Sq Ft
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
2024 $19,683 $255,475 $14,261 $241,214
2023 $4,576 $63,901 $8,325 $55,576
2022 $4,249 $57,308 $6,790 $50,518
2021 $3,951 $54,051 $6,310 $47,741
2020 $3,852 $52,271 $6,196 $46,075
2019 $3,723 $50,939 $5,977 $44,962
2018 $4,010 $53,095 $5,932 $47,163
2017 $3,839 $51,689 $5,721 $45,968
2016 $3,842 $50,990 $5,683 $45,307
2015 $3,706 $50,956 $5,649 $45,307
2014 $3,706 $50,932 $5,625 $45,307
2013 $3,896 $51,751 $5,568 $46,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12010459

Midwest Real Estate Data (MRED)

APN: 25-32-400-011

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