NOT LISTED FOR SALE

242 Forest Ln Sherrard, IL 61281

Estimated Value: $329,000 - $370,000

4 Beds
2 Baths
3,067 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $198,000 $65 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,519/month

267 Days on Market

Highlights

  • Deck
  • Hydromassage or Jetted Bathtub
  • In-Law or Guest Suite
  • Cathedral Ceiling

About This Home

As of July 2015

Large home located on the lake with 108 ft of lake frontage, a dock and a boat house. The home has fantastic views of the lake, beach and golf course. Beautiful atrium. The deck is 32x14 and overlooks the lake. The 2 sided fireplace compliments living room. Plenty of storage in the home and the 4 car garage. Awesome woodshop with additional storage. Entire interior freshly painted to neutral decor. You need to look at this one. Seller is offering a home warranty not to exceed $500 until 6/1/1 to be negotiated with offer terms”.

Last Agent to Sell the Property

Debbie White

Ruhl&Ruhl REALTORS Moline License #475.138080 Listed on: 09/22/2014

Ruhl&Ruhl REALTORS Moline

Last Buyer's Agent

Diane Godwin-Luckey

RE/MAX Concepts Moline License #475.136001/S38270000

RE/MAX Concepts Moline

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,066

Year Built

  • Built in 1979

Lot Details

  • 0.43

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Sherrard Elementary School

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Association fees include maintenance/road, maintenance/ well, tennis court(s), playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,066

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Unit Style: 1-Level
  • Exemptions: owner
  • Legal Description: lot 42 lake view addn Fyre Lake
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Multi-Sided, Wood Burning, Living Room
  • Interior Amenities: Cable Tv Available, Ceilings/Cath/Vault/Tray, In-Law Quarters, Jetted Tub
  • Number Fireplaces: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 21x14, On Level: Main, Flooring: Carpet
  • Basement Foundation: Finished, Full, Walk-Out
  • Bedroom 2: Dimensions: 14x12, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 14x10, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 12x21, On Level: Upper, Flooring: Carpet
  • Den: Dimensions: 12x21, On Level: Upper, Flooring: Carpet
  • Family Room: Dimensions: 20x13, On Level: Basement, Flooring: Carpet
  • Formal Dining Room: Dimensions: 18x13, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 16x14, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining Formal, Island, Pantry
  • Laundry: Dimensions: 10x10, On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 23x17, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 1822
  • Total Basement Sq Ft: 2192
  • Additional Room 1: Dimensions: 12x12, On Level: Basement, Flooring: Carpet
  • Additional Room 2: Dimensions: 22x17, On Level: Main, Flooring: Tile
  • Price Per Sq Ft: 64.56
  • Finished Sq Ft: 3067
  • Total Sq Ft: 3067
  • Finished Main Level Sq Ft: 2192
  • Upper Level Finished Sq Ft: 875

Exterior Features

  • Exterior: Steel Siding
  • Exterior Amenities: Deck, Outbuilding(s)
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Number Cars: 4

Utilities

  • Heating Cooling: Gas, 2+ Heating Systems, Forced Air, Water Heater - Gas, Central Air
  • Utilities On: Yes
  • Water Sewer: Community Water System, Septic System

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance/Road, Maintenance/ Well, Tennis Court(s), Playground
  • Association Annual Fee: 575

Schools

  • Elementary School: Sherrard
  • Middle School: Sherrard
  • High School: Sherrard
  • Elementary School: Sherrard

Lot Info

  • Estimated Lot Size: 108x149.81x190x59.76x90.4
  • Lot Description: Golf Course View, Water Frontage, Lake View, Lake/Pond
  • Subdivision: Fyre Lake View
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 8066.2
  • Parcel Id Number Tax Id: 06-06-10-303-042

MLS Schools

  • High School School District: Sherrard
  • Middle School: Sherrard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2014
Closed on
Aug 3, 2015
Bought by
Otool Ronald M and Otool Melody L
Seller's Agent
Debbie White
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Diane Godwin-Luckey
RE/MAX Concepts Moline
List Price
$264,000
Sold Price
$198,000
Premium/Discount to List
-$66,000
-25%
Current Estimated Value
$351,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,829
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Nov 29, 2005
Source: Public Records

Range of Values:

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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
Otool Ronald M $198,000 --
-- $270,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $198,000 -25.0% $65 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
09/22/2014 09/22/14 For Sale $264,000 -- $86 / Sq Ft
Source: RMLS Alliance

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 $7,734 $108,510 $12,185 $96,325
2023 $7,734 $98,745 $11,090 $87,655
2022 $6,839 $97,495 $10,950 $86,545
2021 $6,651 $89,305 $10,030 $79,275
2020 $6,574 $85,460 $9,600 $75,860
2019 $6,357 $82,015 $8,005 $74,010
2018 $6,270 $84,920 $8,290 $76,630
2017 $6,223 $79,660 $7,775 $71,885
2016 $5,907 $75,006 $7,320 $67,686
2015 $808 $101,205 $7,280 $93,925
2014 $7,859 $99,030 $7,125 $91,905
2013 $8,066 $102,230 $7,355 $94,875
2010 $8,334 $107,105 $7,705 $99,400
Source: Public Records

Agents Affiliated with this Home

  • Debbie White

    Seller's Agent in 2015

    Debbie White

    Ruhl&Ruhl REALTORS Moline

    (309) 738-7106

    82 Total Sales

    Debbie White
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Map

Source: RMLS Alliance

MLS Number: RMAQC4155239

RMLS Alliance

APN: 06-06-10-303-042

Illinois Mercer County Sherrard 61281

242 Forest Ln, Sherrard, IL

This home is located at 242 Forest Ln, Sherrard, IL 61281 since 22 September 2014 and is currently estimated at $351,829, approximately $114 per square foot. This property was built in 1979. 242 Forest Ln is a home located in Mercer County with nearby schools including Sherrard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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