NOT LISTED FOR SALE

1711 State Route 4 Saint Jacob, IL 62281

Estimated Value: $172,000

2 Beds
0.5 Bath
1,840 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $257,000 $140 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $936/month

195 Days on Market

Highlights

  • Horses Allowed On Property
  • 26.93 Acre Lot
  • Lake, Pond or Stream
  • Marine Elementary School Rated A-
  • Deck
  • Backs to Trees or Woods

About This Home

As of January 2018

Equestrian property on 2 parcels totaling 26.93 acres with riding trails, two outdoor and one indoor lighted arenas, 48 stalls (ranging from 12x12 to 16x16) , PVC and hot wire fenced pastures, 5 individual turn out runs, and extensive parking. The property offers a groomsman quarters/clubhouse with an extensive observation deck. Additional information: 4 tack/feed rooms, barn office, individual fans in stalls, indoor and outdoor heated wash racks, hay storage for 1500 bales plus good air flow in loft, a large concrete manure bunker and indoor grooming and tacking up space. Great highway visibility/access, a wooded setting with a pond. This property offers an opportunity for a self sustaining business, ideal for the horse lover.

Last Agent to Sell the Property

Susan Holden

RE/MAX Preferred License #471004331 Listed on: 06/01/2017

RE/MAX Preferred

Last Buyer's Agent

Default Zmember

Zdefault Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $407

Year Built

  • Built in 1920

Lot Details

  • 26.93 Acre Lot
  • Electric Fence
  • Backs to Trees or Woods

Home Design

  • Frame Construction

Interior Spaces

  • 1,840 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Outdoor Features

  • Lake, Pond or Stream
  • Deck

Schools

  • Triad Dist 2 Elementary And Middle School
  • Triad High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Propane Water Heater
  • Septic System

Additional Features

  • Accessible Parking
  • Horse or Livestock Barn
  • Horses Allowed On Property

Community Details

  • Workshop Area

Listing and Financial Details

  • Assessor Parcel Number 05-1-23-07-00-000-005.004

Home Details

Home Type

Single Family

Est. Annual Taxes

$407

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1.5 Story
  • Cross Street: US 40
  • Municipality Township: St. Jacob
  • Special Description: No Exemptions
  • Age: 98
  • Ownership: Private
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Unfinished
  • Dining Room: Separate Dining
  • Kitchen: Eat-In Kitchen
  • Main Half Bathrooms: 1
  • Misc Features: Deck
  • Total Living Area: 1840.00
  • Appliances: Dishwasher, Refrigerator
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Room Cnt: 6
  • Square Footage: 1840
  • Total Half Baths: 1

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking: Accessible Parking

Utilities

  • Sewer: Septic
  • Water: Public, Well
  • Water Heater: Propane
  • Cooling: Ceiling Fan, Central-Electric
  • Heating: Forced Air

Condo/Co-op/Association

  • Amenities: Workshop/Hobby Area

Schools

  • School District: Triad DIST 2
  • Elementary School: TRIAD DIST 2
  • Middle School: TRIAD DIST 2
  • High School: Triad
  • Elementary School: TRIAD DIST 2
  • Junior High School: TRIAD DIST 2
  • School District: Triad DIST 2
  • Senior High School: Triad

Lot Info

  • Lot Description: Backs to Trees/Woods, Electric Fence, Fencing, Pond/Lake, Suitable for Horses
  • Lot Dimensions: 26.93 Acres
  • Lot Number: PT NE SE
  • Lot Sq Ft: 1173071
  • Acres: 26.9300

Building Info

  • Buildings: Horse Barn

Tax Info

  • Taxes Paid: 4934
  • Taxes Paid Year: 2015
  • Assessor Parcel Number: 05-1-23-07-00-000-005.004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2016
Sold by
Lucky Jacks Illinois Llc
Bought by
Hoppes Curt
Current Estimated Value
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2016
Sold by
Penrod Mark A
Bought by
Lucky Jacks Illinois Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2015
Sold by
Hosto Linda E and Hosto Duane H
Bought by
The Estate Of Todd Eugene Penrod

Purchase Details

Closed on
Oct 1, 2005
Sold by
Hosto Dale E and Hosto Duane H
Bought by
Penrod Todd Eugene and Penrod Colleen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Hoppes Curt $500,000 Madison County Title Company
Lucky Jacks Illinois Llc $550,000 Madison County Title Company
The Estate Of Todd Eugene Penrod $162,500 Abstracts & Titles Inc
The Estate Of Todd Eugene Penrod $162,500 Abstracts & Titles Inc
Penrod Todd Eugene $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hoppes Curt $400,000
Previous Owner Penrod Todd Eugene $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2018 01/10/18 Sold $257,000 -14.3% $140 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
08/26/2017 08/26/17 Price Changed $300,000 -6.3% $163 / Sq Ft
07/21/2017 07/21/17 Price Changed $320,000 -8.6% $174 / Sq Ft
07/07/2017 07/07/17 Price Changed $350,000 -6.7% $190 / Sq Ft
06/15/2017 06/15/17 Price Changed $375,000 -3.8% $204 / Sq Ft
06/01/2017 06/01/17 For Sale $390,000 -- $212 / Sq Ft
Source: MARIS MLS

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 $407 $6,270 $6,270 $0
2023 $407 $5,610 $5,610 $0
2022 $375 $5,010 $5,010 $0
2021 $321 $4,460 $4,460 $0
2020 $293 $3,970 $3,970 $0
2019 $264 $3,510 $3,510 $0
2018 $239 $3,100 $3,100 $0
2017 $214 $2,730 $2,730 $0
2016 $192 $2,390 $2,390 $0
2015 $125 $1,870 $1,870 $0
2014 $125 $1,870 $1,870 $0
2013 $125 $1,870 $1,870 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17043523

MARIS MLS

APN: 05-1-23-07-00-000-005