NOT LISTED FOR SALE

Estimated Value: $253,000 - $272,000

8 Acres
$30,891 Price per Acre
367,690 Sq Ft Lot

Last Sold June 26, 2020

Last sale price $445,000

Est. 41% decrease in value since last sale

Current estimated payment $1,981/month

214 Days on Market

Highlights

  • 402 Feet of Waterfront
  • Lake View
  • Ranch Style House
  • Lake On Lot
  • 8.44 Acre Lot
  • Covered patio or porch

About This Lot

As of June 2020

8.411 acre property zoned industrial with 402 foot of frontage on Rock Chapel Road. Seconds from I-20 in the new city of Stonecrest. Property has been used for a small sustainable farm and features a brick ranch home, a high tunnel for growing produce, and a barn. Great location with high traffic counts close to Stonecrest Mall, Highway 124, I-20, shopping, restaurants, and more. Existing home could be easily converted to an office. Lot is level and has been cleared.

Last Agent to Sell the Property

Michael Smith

NOT A VALID MEMBER License #272769 Listed on: 08/19/2019

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 1958

Lot Details

  • 8.44 Acre Lot
  • 402 Feet of Waterfront
  • Lake Front
  • Property fronts a state road
  • Perimeter Fence
  • Level Lot
  • Cleared Lot
  • Grass Covered Lot
  • Property is zoned M,R3

Home Design

  • Ranch Style House

Interior Spaces

  • Green House Windows
  • Family Room
  • Lake Views
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake On Lot
  • Covered patio or porch
  • Shed

Schools

  • Rock Chapel Elementary School
  • Stephenson Middle School
  • Stephenson High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16 166 02 013

Property Details

Property Type

Land

Est. Annual Taxes

$1,912

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Current Classification: Industrial
  • Property Condition: Resale
  • Year Built: 1958
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Interior Features

  • Additional Rooms: Family Room

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Other Structures: Greenhouse, Shed(s)
  • Waterfront Frontage: 402
  • Fencing: Perimeter
  • Patio And Porch Features: Covered
  • View: Lake

Utilities

  • Security: Closed Circuit Camera(s)
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Elementary School: Rock Chapel
  • Middle School: Stephenson
  • High School: Stephenson

Lot Info

  • Acres: 8.4410
  • Land/Lot: 166
  • Possible Use: Commercial, Industrial
  • Current Zoning: M,R3
  • Deed Book: 10315
  • Deed Page: 202-2
  • Current Use: Farm, Residential
  • House On Property: Yes
  • Lot Features: Lake On Lot, Level, Street Lights
  • Parcel Number: 16 166 02 013
  • Price Acre Dollar: 52718.87
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 1912.00
  • Assessor Parcel Number: 16-166-02-013
  • Close Date: 2020-06-26
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Rock Chapel
  • High School: Stephenson
  • Middle School: Stephenson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2022
Sold by
2179 Rock Chapel Road Llc
Bought by
Hpaula Llc
Total Days on Market
214
Current Estimated Value
$260,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,000
Outstanding Balance
$793,591
Interest Rate
5.89%
Mortgage Type
Mortgage Modification
Estimated Equity
-$534,999

Purchase Details

Listed on
Aug 19, 2019
Closed on
Jun 26, 2020
Sold by
White Sandra Hawkins
Bought by
2179 Rock Chapel Road Llc
Seller's Agent
Michael Smith
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.39%
Original Mortgage
$315,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Hpaula Llc $980,000 --
2179 Rock Chapel Road Llc $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hpaula Llc $833,000
Previous Owner 2179 Rock Chapel Road Llc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $445,000 -1.1% --
03/20/2020 03/20/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $449,900 +1.1% --
03/02/2020 03/02/20 Off Market $445,000 -- --
02/17/2020 02/17/20 For Sale $449,900 +1.1% --
01/27/2020 01/27/20 Off Market $445,000 -- --
08/19/2019 08/19/19 For Sale $449,900 -- --
Source: First Multiple Listing Service (FMLS)

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 $6,210 $86,920 $17,920 $69,000
2022 $4,362 $71,920 $5,960 $65,960
2021 $3,811 $58,480 $5,960 $52,520
2020 $1,793 $77,360 $39,560 $37,800
2019 $1,776 $66,640 $39,560 $27,080
2018 $1,762 $55,680 $39,560 $16,120
2017 $1,912 $74,200 $39,560 $34,640
2016 $1,829 $70,520 $33,520 $37,000
2014 $1,763 $70,520 $33,520 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6604430

First Multiple Listing Service (FMLS)

APN: 16-166-02-013