NOT LISTED FOR SALE

1727 Cedar Ln Spring Grove, IL 60081

Estimated Value: $34,000 - $52,000

1 Acre
$43,000 Price per Acre
43,560 Sq Ft Lot

Last Sold April 18, 2023

Last sale price $48,000

Est. 10% decrease in value since last sale

Current estimated payment $306/month

166 Days on Market

About This Lot

As of April 2023

The best opportunity to build the home you have been DREAMING about is NOW! Check out this beautiful 1 acre lot. Not only does this gorgeous lot have matured trees, but it is in the desirable Red Oak Estates. Close to shopping, restaurants, as well as Route 12. Custom home builder referrals available upon request.

Last Agent to Sell the Property

Laura Koertgen

@properties Christie's International Real Estate License #475194189 Listed on: 10/18/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Laura Koertgen

@properties Christie's International Real Estate License #475194189 Listed on: 10/18/2022

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $962

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 49'x108'x253'x180'x271'
  • Property is zoned SINGL

Schools

  • Nippersink Middle School
  • Richmond-Burton Community High School

Utilities

  • No Utilities

Community Details

  • Red Oak Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$962

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt, Other
  • Subdivision Name: Red Oak Estates
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Type: Public Road
  • List Price: 24000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: None

Schools

  • High School: Richmond-Burton Community High S
  • Middle/Junior School: Nippersink Middle School
  • Middle/Junior School District: 2

Lot Info

  • Lot Size Acres: 1
  • Lot Dimensions: 49'X108'X253'X180'X271'
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: U
  • Subdivision Lot Number: 21
  • Estimated Land Sq Ft: 43,642

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 961.62
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Apr 13, 2023
Sold by
Rabine Gary
Bought by
Larsen Keith
Seller's Agent
Laura Koertgen
@properties Christie's International Real Estate
Buyer's Agent
Laura Koertgen
@properties Christie's International Real Estate
List Price
$24,000
Sold Price
$48,000
Premium/Discount to List
$24,000
100%
Views
20
Current Estimated Value
$43,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,000
Avg. Annual Appreciation
-4.34%

Purchase Details

Closed on
Feb 3, 2006
Sold by
Dpl Inc
Bought by
Rabine Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,342
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Larsen Keith $48,000 None Listed On Document
Rabine Gary $129,900 Rockford Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rabine Gary $468,342
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2023 04/18/23 Sold $48,000 +100.0% --
04/03/2023 04/03/23 Pending -- -- --
10/18/2022 10/18/22 For Sale $24,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $929 $5,718 $5,718 --
2023 $929 $5,333 $5,333 --
2022 $1,004 $5,919 $5,919 $0
2021 $962 $5,580 $5,580 $0
2020 $929 $5,334 $5,334 $0
2019 $1,578 $12,629 $12,629 $0
2018 $1,598 $12,239 $12,239 $0
2017 $1,730 $12,913 $12,913 $0
2016 $1,733 $12,332 $12,332 $0
2013 -- $21,471 $21,471 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11654758

Midwest Real Estate Data (MRED)

APN: 05-30-353-006