$30,000
SOLD SEP 12, 2019

2438 N 4220th Rd Sheridan, IL 60551

1 Acre
$30,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

14% Below List Price

224 Days on Market

About This Lot

As of August 2024

Beautiful 1+ acre building lots in the Somonauk Schools District. They now have Natural Gas available. 1800 sf minimum for a ranch home and 2,000 sf for a two story home. Outbuilding allowed up to 1,000 sf.. A great country setting with easy access to so much. Lots are just the right size for your new Dream Home. Covenants and the plat of the subdivision are in the additional information section. There are no HOA dues at this time. The only fee that would need to be covered at some time in the future would be for the maintenance of the retention pond. For now the developers have been mowing that. This subdivision offers so much, handy location, nice flat lots, great neighbors in a quiet serene setting. You need to check it out.

Last Agent to Sell the Property

Joseph Frieders

Swanson Real Estate License #471013193 Listed on: 01/07/2019

Last Buyer's Agent

Joseph Frieders

Swanson Real Estate License #471013193 Listed on: 01/07/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,982

Property Details

Property Type

Land

Est. Annual Taxes

$9,982

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Other Min Req Sq Ft: Yes
  • Potential Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Level
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Acreage: 1
  • Front Footage: 190

Schools

  • School District: 432
  • Elementary School: James R. Wood Elementary School
  • Middle School: Somonauk Middle School
  • High School: Somonauk High School
  • Junior High Dist: 432

Lot Info

  • Lot Dimensions: 190X230
  • Estimated Land Sq Ft: 43604
  • Parcel Identification Number: 0531303006

Tax Info

  • Taxes: 25.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Aug 5, 2024
Sold by
Warner James R and Kathi J Warner Family Trust Kathi J Warner Fa
Bought by
Thilbalt Jordan
Seller's Agent
Alyssa Buttels
Excel Realty Group
Buyer's Agent
Tyler Andersen
iHome Real Estate
List Price
$545,000
Sold Price
$495,000
Premium/Discount to List
-$50,000
-9.17%
Views
15
Current Estimated Value
$520,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,495
Avg. Annual Appreciation
5.31%
Original Mortgage
$445,500
Outstanding Balance
$442,436
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$78,059

Purchase Details

Closed on
Apr 21, 2023
Sold by
Warner James R and Warner Kathi J
Bought by
Warner James R and Jay & Kathi Warner Family Trust

Purchase Details

Listed on
Jan 7, 2019
Closed on
Sep 12, 2019
Sold by
Coyote Land Co Llc
Bought by
Warner James R and Warner Kathi J
Seller's Agent
Joseph Frieders
Swanson Real Estate
Buyer's Agent
Joseph Frieders
Swanson Real Estate
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.60%
Original Mortgage
$272,802
Interest Rate
3.5%
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 Type Sale Price Title Company
Trustee Deed $495,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $30,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $445,500 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $272,800 New Conventional
Previous Owner $272,802 New Conventional
Previous Owner $755,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $495,000 -9.2% $275 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $545,000 +1716.7% $303 / Sq Ft
09/12/2019 09/12/19 Sold $30,000 -14.0% --
08/19/2019 08/19/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $34,900 -- --
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 $9,982 $135,266 $12,068 $123,198
2023 $9,266 $118,551 $10,577 $107,974
2022 $9,505 $117,865 $17,377 $100,488
2021 $9,152 $110,650 $16,313 $94,337
2020 $9,427 $108,162 $15,946 $92,216
2019 $31 $352 $352 $0
2018 $29 $323 $323 $0
2017 $28 $297 $297 $0
2016 $25 $273 $273 $0
2015 $12 $251 $251 $0
2012 -- $194 $194 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10166667

Midwest Real Estate Data (MRED)

APN: 05-31-303006