NOT LISTED FOR SALE

2448 N 42nd Rd Sheridan, IL 60551

Estimated Value: $319,000

80 Acres
$3,988 Price per Acre
3,484,800 Sq Ft Lot

Last Sold June 24, 2015

Last sale price $960,000 $600 Per Sq Ft

Current estimated payment $2,375/month

Highlights

  • Ranch Style House
  • Central Air
  • Senior Tax Exemptions

About This Lot

As of June 2015

This is the best farm ever! Stunning views from the bluff overlooking the Fox River! 80 acres of land with river frontage, mature woods with manicured trails, & winding creek! Metal pole building with concrete floor, fenced pasture, CRP ground. Ideal for an organic farm! Updated brick ranch home with hardwood floors, 2 bedrooms, 2 baths, deck, & 2 car garage! Totally secluded from the road for total privacy!

Last Listed By

Cindy Heckelsberg

Coldwell Banker Real Estate Group License #475142782 Listed on: 05/15/2015

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,174

Year Built

  • 1968

Lot Details

Home Design

  • Ranch Style House

Basement

  • Crawl Space

Utilities

  • Central Air
  • Heating System Uses Propane

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$7,174

Year Built

1968

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Current Use: Agricultural/W Bldg, Recreational
  • Number Rooms: 5
  • Potential Use: Agricultural/W Bldg, Recreational
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Utilities To Site: Electric to Site, Septic-Private, Well-Private
  • Zoning Type: AGRIC
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1968

Interior Features

  • Basement: Crawl
  • Above Grade Bedrooms: 2
  • Land Description: Horses Allowed, Irregular, Pasture, Rolling Rural, Stream, Tillable, Wooded
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 25.0-99.99 Acres
  • Waterfront: Yes
  • Acreage: 80
  • Frontage Access: County Road

Utilities

  • Air Conditioner: Central Air
  • Heating Fuel: Propane

Schools

  • School District: 2
  • Junior High Dist: 2

Lot Info

  • Lot Dimensions: 80
  • Land Amenities: Water Rights
  • Parcel Identification Number: 0538113000

Building Info

  • Building Improvements: Garage/s, House, Pole Building
  • Buildings On Land: Yes

Tax Info

  • Taxes: 4137.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Mitsche Matthew and Nitsche Kaitlyn
Bought by
Nitsche Matthew
Total Days on Market
0
Current Estimated Value
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,000
Outstanding Balance
$760,236
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
-$459,236

Purchase Details

Closed on
Sep 14, 2015
Sold by
Morsch Dale W
Bought by
Morsch Dale W and Dale W Morsch Trust

Purchase Details

Listed on
May 15, 2015
Closed on
Jun 24, 2015
Sold by
Morsch Dale W and Morach Janet E
Bought by
Nitsche Matthew and Nitsche Kaitlyn
Seller's Agent
Cindy Heckelsberg
Coldwell Banker Real Estate Group
Buyer's Agent
Cindy Heckelsberg
Coldwell Banker Real Estate Group
List Price
$960,000
Sold Price
$960,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.10%
Original Mortgage
$768,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2013
Sold by
Morsch Dale W and Morsch Janet E
Bought by
Morsch Dale W and The Dale W Morsch Revocable Living Trust

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nitsche Matthew -- Wheatland Title
Morsch Dale W -- --
Nitsche Matthew $960,000 Wheatland Title Guaranty
Morsch Dale W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nitsche Matthew $826,000
Previous Owner Nitsche Matthew W $864,000
Previous Owner Nitsche Matthew $768,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2015 06/24/15 Sold $960,000 0.0% $600 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $960,000 -- $600 / 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
2023 $7,174 $118,528 $34,781 $83,747
2022 $6,805 $109,958 $32,018 $77,940
2021 $6,442 $102,801 $29,632 $73,169
2020 $6,221 $91,388 $28,130 $63,258
2019 $6,015 $85,752 $26,120 $59,632
2018 $5,728 $80,520 $24,269 $56,251
2017 $5,670 $77,324 $22,928 $54,396
2016 $5,708 $74,905 $21,815 $53,090
2015 $6,161 $78,587 $28,136 $50,451
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08923486

Midwest Real Estate Data (MRED)

APN: 05-38-217000