NOT LISTED FOR SALE

18128 Farrell Rd Joliet, IL 60432

Estimated Value: $226,221

8 Acres
$30,163 Price per Acre
326,700 Sq Ft Lot

Last Sold January 31, 2022

Last sale price $210,000

Est. 8% increase in value since last sale

Current estimated payment $1,492/month

227 Days on Market

Highlights

  • Farm
  • Property is near a park
  • Senior Tax Exemptions
  • Lockport Township High School East Rated A
  • 8 Acres of Pasture

About This Lot

As of January 2022

BUILD YOUR DREAM HOME AND BARN / FARM! Newly established Equestrian Subdivision; Sycamore Farms has been designed as a small community of 5 horse farms where neighbors share an overall look and feel of a larger horse farm while enjoying shared horse easements and standardized fencing. We want to create a community where the owners feel safe in a horse focused environment while taking advantage of the equine trail riding, training and services readily available in the immediate area. THIS SPECIFIC PARCEL IS 7.5 Acres; at the corner of Rosalind and Farrell; it's the southeast corner of the parent parcel. Most of the property is flat to slightly rolling and planted to hay this spring. This parcel will have a neighbor to the north and east that belong to the same development. Some covenants and restrictions apply. Electric at the street, Gas nearby, will need well & septic. Adjacent to Hadley Valley Forest Preserve with riding trails and close to Pilcher Park. Estate (E) zoning. Horse ownership not required, but a vision for this parcel. Easy access to 355, 80 and 55 for access to Chicago or Indiana. Lockport Schools.

Last Listed By

Amy Rogus

Century 21 Integra License #471019735 Listed on: 03/27/2021

Century 21 Integra

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,775

Lot Details

Location

  • Property is near a park
  • Property is near a forest

Farming

  • Farm
  • 8 Acres of Pasture

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$7,775

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Farm
  • General Information: None
  • Pasture Acreage: 7.5
  • Directions: From downtown Joliet, take Route 6 west to Farrell Road north, to Rosalind Street east. Parcel is on the NW corner of Farrell & Rosalind.
  • Road Frontage Type: Public Road
  • Lot Size: 494X661
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No
  • Possible Use: Agricultural, Residential

Exterior Features

  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Septic System Required, Well-Required

Schools

  • Elementary School: Fairmont School
  • High School: Lockport Township High School
  • Junior High Dist: 205
  • Middle Or Junior School: Fairmont School

Lot Info

  • Lot Size: 6.0-7.99 Acres
  • Special Assessments: N
  • Subdivision Lot Number: 3
  • Land Amenities: Horse Riding Area,Horse Riding Trails
  • Estimated Land Sq Ft: 326534
  • Land Description: Cleared,Horses Allowed,Pasture,Sloping
  • Total Listed Lots Avail: 3
  • Tillable Acreage: 7.5
  • Wooded Acres: 0
  • Additional Parcels: No
  • Current Use: Agricultural
  • Zoning: OTHER

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Jan 31, 2022
Sold by
Patricia L Gariboldi Living Trust
Bought by
Gutierrez Javier
Seller's Agent
Amy Rogus
Century 21 Integra
Buyer's Agent
Amy Rogus
Century 21 Integra
List Price
$247,000
Sold Price
$210,000
Premium/Discount to List
-$37,000
-14.98%
Total Days on Market
227
Current Estimated Value
$226,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,221
Original Mortgage
$178,500
Outstanding Balance
$160,748
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2021
Sold by
Peceniak Mary and Gariboldi Patricia L
Bought by
County Of Will

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jul 20, 2021
Sold by
Peceniak Mary and Patricia L Gariboldi Living Tr
Bought by
Gutierrez Jesus
Seller's Agent
Amy Rogus
Century 21 Integra
Buyer's Agent
Amy Rogus
Century 21 Integra
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,141
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2021
Sold by
Patricia L Gariboldi Living Trust
Bought by
Calvillo Trinidad

Purchase Details

Closed on
Apr 7, 2021
Sold by
Peceniak Mary and Patricia L Gariboldi Living Tr
Bought by
Soto Jessica and Luna Jose A

Purchase Details

Closed on
Oct 11, 2005
Sold by
Gariboldi Richard J and Gariboldi Patricia L
Bought by
Gariboldi Richard J and Gariboldi Patricia L

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
Gutierrez Javier $210,000 Lynch Jennifer
County Of Will $210,000 Fidelity National Title Ins
Gutierrez Jesus $435,000 Fidelity National Title
Calvillo Trinidad $305,000 Fidelity National Title
Soto Jessica $125,000 Fidelity National Title Ins
Gariboldi Richard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Javier $178,500
Previous Owner County Of Will $145,000
Previous Owner Gutierrez Jesus $386,141
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $210,000 -15.0% --
11/08/2021 11/08/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $247,000 -- --
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
2021 $7,775 $94,247 $37,903 $56,344
2020 $7,509 $90,269 $35,778 $54,491
2019 $7,132 $84,945 $33,295 $51,650
2018 $7,189 $84,572 $32,922 $51,650
2017 $6,878 $79,292 $30,533 $48,759
2016 $6,503 $73,852 $28,155 $45,697
2015 $6,128 $69,742 $26,262 $43,480
2014 $6,128 $69,154 $25,674 $43,480
2013 $6,128 $68,700 $25,220 $43,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11034567

Midwest Real Estate Data (MRED)

APN: 04-36-400-011