NOT LISTED FOR SALE

18205 Farrell Rd Joliet, IL 60432

Estimated Value: $643,022

3 Beds
3 Baths
2,200 Sq Ft
$292/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $592,000 $269 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,462/month

127 Days on Market

Highlights

  • Barn
  • Stables
  • Pool House
  • Hadley Middle School Rated 9+
  • Second Kitchen
  • Second Garage

About This Home

As of April 2022

This amazing 5 acre farm in desirable unincorporated Homer Township offers 4.06 acres zoned as farm & 1 acre zoned as agricultural which means lower taxes! Endless opportunities abound, as this lovely estate boasts a spacious ranch home with sun-filled living room with cozy fireplace; Formal dining room with gleaming hardwood flooring; Kitchen with white cabinetry & all appliances; 2 main level bedrooms; Large, 50x20 vaulted family room with 2nd cozy fireplace & door to the covered patio overlooking the parklike yard & refreshing pool; Winding staircase to the luxury master suite that boasts double closets, a door to a private outdoor balcony & an upscale, private bath with whirlpool tub, separate shower, bidet & skylight; Full, finished basement that is perfect for related living with a recreation room, kitchenette, 3 additional bedrooms & a full bath; Attached 2 car garage with additional room for storage; The farm offers a wonderful garden house that is perfect for utility storage; a large 40' x 42' barn that offers an overhead door, 7 horse stalls, multiple chicken coops, electric & water; Fenced pastures & riding arenas & much more! Furnace 2 years, Roof 9 years, Barn roof 2 years. Rent out the property for storage or rent out the horse stalls for additional income too. The possibilities are endless. Horses allowed! Homer 33-C Grade Schools & Lockport High School.

Last Listed By

Kimberly Wirtz

Wirtz Real Estate Group Inc. License #471005499 Listed on: 11/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,065

Year Built

  • Built in 1978

Lot Details

  • 5.06 Acre Lot
  • Lot Dimensions are 169 x 1284
  • Waterfront
  • Poultry Coop
  • Fenced Yard
  • Chain Link Fence
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 6 Car Garage
  • Second Garage
  • Garage Door Opener
  • Driveway
  • RV or Boat Parking
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 6 Potential Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bidet
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Pool

  • Pool House
  • Above Ground Pool

Outdoor Features

  • Stream or River on Lot
  • Balcony
  • Deck
  • Patio
  • Shed
  • Utility Building
  • Outbuilding

Schools

  • Homer Junior High School
  • Lockport Township High School

Farming

  • Barn
  • Feeding Stations
  • Pasture

Horse Facilities and Amenities

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 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

$9,065

Year Built

Built in 1978

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2200
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Bedroom 6, Kitchen, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Bidet
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 3
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Above Ground Pool, Storms/Screens
  • List Price: 599900
  • Lot Features: Fenced Yard, Horses Allowed, Landscaped, Paddock, Stream(s), Wooded, Chain Link Fence, Pasture
  • OtherStructures: Barn(s), Outbuilding, Pool House, Poultry Coop, RV/Boat Storage, Second Garage, Shed(s), Stable(s), Feed Lot, Outdoor Riding Ring, Utility Building(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 6
  • Number of Cars: 6
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lockport Township High School
  • Middle/Junior School: Homer Junior High School
  • Middle/Junior School District: 33C

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.06
  • Lot Dimensions: 169 X 1284
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9064.56
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2007
Sold by
King Thomas F and King Maureen
Bought by
Flores Tina A and Flores Jose
Total Days on Market
127
Current Estimated Value
$643,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$209,587
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,435

Purchase Details

Closed on
Feb 12, 2003
Sold by
King Carolyn M and Halper Carolyn
Bought by
King Thomas F and King Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1998
Sold by
Bank Lawrence O
Bought by
King Carolyn M

Range of Values:

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Average Value
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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
Flores Tina A $405,000 Chicago Title Insurance Co
King Thomas F $320,000 Atg
King Carolyn M $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Tina A $324,000
Previous Owner King Thomas F $400,000
Previous Owner King Thomas F $288,000
Previous Owner King Carolyn M $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $592,000 -1.3% $269 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
11/02/2021 11/02/21 For Sale $599,900 -- $273 / Sq Ft
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
2023 $10,360 $129,812 $25,855 $103,957
2022 $9,495 $121,401 $24,088 $97,313
2021 $9,054 $115,150 $22,757 $92,393
2020 $9,065 $110,977 $21,846 $89,131
2019 $8,706 $106,835 $20,949 $85,886
2018 $8,500 $111,053 $28,474 $82,579
2017 $8,976 $107,332 $27,065 $80,267
2016 $8,771 $103,752 $26,162 $77,590
2015 $8,210 $99,858 $25,180 $74,678
2014 $8,210 $97,795 $24,660 $73,135
2013 $8,210 $97,795 $24,660 $73,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11260576

Midwest Real Estate Data (MRED)

APN: 05-31-300-006