NOT LISTED FOR SALE

18934 W Ballou Rd Wilmington, IL 60481

Estimated Value: $661,779 - $789,000

3 Beds
3 Baths
2,300 Sq Ft
$315/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $380,000 $165 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,486/month

70 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Mud Room
  • L.J. Stevens Intermediate School Rated A-
  • Whirlpool Bathtub
  • Porch

About This Home

As of November 2016

HUGE PRICE REDUCTION on this spectacular, custom built home on 10 acres on paved country road within 5 minutes of town. Hardwood thru much of house. Beautiful large eat-in kitchen with tons of hand rubbed maple cabinets, island & breakfast bar. 3 big bedrooms including master suite that has a seating area/reading nook, bath with 2 person Jacuzzi, separate shower and 2 sinks. 4th bedroom and additional bath are roughed-in in full basement. Basement has direct access door to backyard and barn. Interior is freshly painted and beautifully decorated, exquisite! Property includes 45x65 barn attached to 60X120 indoor sand arena and 20X120 connected lean. Currently used as an equestrian facility with 9 stalls (potential for 22 stalls), tack room & hay storage. But is perfect for anyone requiring huge storage for equipment, vehicles, boats and other toys. Zoned Ag, so low, low taxes! 5.5 acres in hay. 3 outdoor pastures. Much, much more. You have to make an appointment to see this property!

Last Agent to Sell the Property

Bonnie McElroy

RE/MAX Hometown Properties License #475131394 Listed on: 07/18/2016

RE/MAX Hometown Properties

Last Buyer's Agent

Trudy Bergeson,R Gallagher

Lease an Apartment Inc. License #471009427

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,674

Year Built

  • 2006

Lot Details

  • 10.02

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Mud Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank

Additional Features

  • Porch
  • Dog Run

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,674

Year Built

2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2006
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Property Features: Hardwood Floors, Wood Laminate Floors, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Fireplace Details: Wood Burning
  • Attic: Full
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished, Exterior Access, Bathroom Rough-In
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 14X20, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: Mud Room
  • Master Bedroom: Dimensions: 12X22, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Mud, Dimensions: 7X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 10X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 2300
  • Dining Room Type: Separate
  • Family Room: Dimensions: 12X30, On Level: Main Level, Flooring: Wood Laminate, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: 10+ Acres
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch, Dog Run
  • Acreage: 10.02

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Gravel
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Propane, Forced Air

Schools

  • School District: 209U
  • Junior High Dist: 209U

Lot Info

  • Lot Dimensions: 337X1298X328X1298
  • Lot Description: Horses Allowed, Paddock
  • Parcel Identification Number: 0825033000120000

Tax Info

  • Taxes: 6432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Oct 26, 2016
Sold by
Sowko Lorrie and Petrak Lorrie
Bought by
Borunda Omar and Borunda Nancy Caballero
Seller's Agent
Bonnie McElroy
RE/MAX Hometown Properties
Buyer's Agent
Trudy Bergeson,R Gallagher
Lease an Apartment Inc.
List Price
$440,000
Sold Price
$380,000
Premium/Discount to List
-$60,000
-13.64%
Current Estimated Value
$725,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,390
Avg. Annual Appreciation
7.55%
Original Mortgage
$360,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2004
Sold by
Rossi William S
Bought by
Petrak Lorrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 11, 2004
Sold by
Bishop Hubert G
Bought by
Rossi William S

Purchase Details

Closed on
Oct 16, 2002
Sold by
Windell Sandra and Trust #1-2001
Bought by
Greig Larry A and Greig Linda M
Source: Public Records

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
Borunda Omar $385,000 Attorney
Petrak Lorrie $115,000 Ticor Title
Rossi William S $252,500 Ticor Title
Greig Larry A $73,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borunda Omar $360,750
Previous Owner Petrak Lorrie $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $380,000 -9.5% $165 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
08/23/2016 08/23/16 Price Changed $420,000 -4.5% $183 / Sq Ft
07/18/2016 07/18/16 For Sale $440,000 -- $191 / 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
2024 $7,674 $123,128 $11,933 $111,195
2023 $7,674 $121,383 $11,431 $109,952
2022 $7,335 $113,718 $10,455 $103,263
2021 $6,954 $105,605 $9,471 $96,134
2020 $6,776 $101,368 $8,843 $92,525
2019 $6,756 $101,104 $8,579 $92,525
2018 $6,778 $100,864 $8,339 $92,525
2017 $6,750 $100,062 $8,072 $91,990
2016 $6,472 $96,983 $7,627 $89,356
2015 $6,354 $93,376 $7,154 $86,222
2014 $6,354 $92,040 $6,925 $85,115
2013 $6,354 $91,882 $6,767 $85,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09290397

Midwest Real Estate Data (MRED)

APN: 08-25-03-300-012