$305,000
SOLD JUN 23, 2025

24205 Payne Rd Shannon, IL 61078

3 Beds
2.5 Baths
2,362 Sq Ft
5.33 Acres

Recently Sold

$129 Per Sq Ft

12% Below List Price

113 Days on Market

Highlights

  • 5.33 Acre Lot
  • Deck
  • Den
  • Eastland Elementary School Rated A-
  • Wood Flooring
  • Beamed Ceilings

About This Home

As of June 2025

You can have it all right here! Nice and bright with plenty of sunshine and privacy. Located just outside of Lake Carroll on 5 acres with 2 outbuildings, 24x30 and 24x28. 2 acres have an underground electric dog fence. Dog kennel will not stay. 2 apple trees. New roof in 2024, new windows on South side in 2024 (11 total). New gutters in 2024. Appliances will all stay. Washer and dryer new in 2024. Nest Security System (thermostat, 3 cameras and doorbell). New satellite system included. Current internet service is JC Wifi. Many of the materials are there to start a patio between the house and outbuilding. There is a space that is leveled and ready for a pool too! As an added perk, a .5 acre Lake Carroll amenity lot is included! This includes Lake access, club house, lodge, swimming pools, golf and more! Check out the golakecarroll website for more information.

Last Agent to Sell the Property

Tracey DeCrane

RE/MAX Town Lake & Country License #475122157 Listed on: 01/19/2025

RE/MAX Town Lake & Country

Last Buyer's Agent

Kristina Bria

Charles Rutenberg Realty of IL License #475141813

Charles Rutenberg Realty of IL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,616

Year Built

  • Built in 1878

Lot Details

  • 5.33 Acre Lot
  • Property has an invisible fence for dogs

Parking

  • 4 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,362 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Skylights
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,616

Year Built

Built in 1878

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1878
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener
  • Basement: Unfinished, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Beamed Ceilings
  • LivingArea: 2362
  • Room Type: Den
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 2362
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Square Footage Comments: Assessors Sq. ft. does not include the 23x23 family room
  • Total Sq Ft: 2758

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Invisible
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 5.33
  • Lot Dimensions: 5.33
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 3616
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Sep 15, 2022
Sold by
Danaher Neil
Bought by
Hollewell Brett and Hollewell Katie
Seller's Agent
BRANDON BEYER
JIM SULLIVAN REALTY
Buyer's Agent
Elwood Cook
EXIT Realty Redefined Maurer Group
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Current Estimated Value
$309,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,341
Avg. Annual Appreciation
8.52%
Original Mortgage
$225,834
Outstanding Balance
$217,373
Interest Rate
6.25%
Mortgage Type
Construction
Estimated Equity
$91,968

Purchase Details

Closed on
Sep 29, 2015
Sold by
Flynn Robert E and Flynn Mary L
Bought by
Danaher Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Deed $235,001 Attorney Only
Grant Deed $140,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,834 Construction
Previous Owner $126,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2025 06/23/25 Sold $305,000 -4.7% $129 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
03/16/2025 03/16/25 Price Changed $320,000 -3.0% $135 / Sq Ft
02/24/2025 02/24/25 Price Changed $330,000 -2.9% $140 / Sq Ft
02/16/2025 02/16/25 Price Changed $340,000 -1.4% $144 / Sq Ft
02/10/2025 02/10/25 For Sale $345,000 0.0% $146 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/19/2025 01/19/25 For Sale $345,000 +46.8% $146 / Sq Ft
09/20/2022 09/20/22 Sold $235,000 -2.1% $128 / Sq Ft View Prior Sale
07/28/2022 07/28/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $240,000 +2.1% $131 / Sq Ft
07/01/2022 07/01/22 Off Market $235,000 -- --
07/01/2022 07/01/22 For Sale $240,000 0.0% $131 / Sq Ft
07/01/2022 07/01/22 Price Changed $240,000 -7.3% $131 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $259,000 -- $141 / 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 $4,798 $87,670 $17,670 $70,000
2023 $4,798 $62,737 $15,552 $47,185
2022 $3,571 $54,318 $13,465 $40,853
2021 $3,340 $48,069 $11,916 $36,153
2020 $3,197 $46,443 $11,513 $34,930
2019 $3,124 $45,354 $12,183 $33,171
2018 $3,173 $45,354 $12,183 $33,171
2017 $3,165 $45,353 $12,183 $33,170
2016 $3,160 $45,353 $12,183 $33,170
2015 $2,713 $38,221 $12,183 $26,038
2014 $2,594 $39,850 $12,702 $27,148
2013 $2,594 $38,689 $12,332 $26,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12273744

Midwest Real Estate Data (MRED)

APN: 01-05-08-300-002