Seller's Agent in 2024
Frank Commisso
@ Properties
(630) 728-7738
1 in this area
39 Total Sales
251 Sherman Ave Montgomery, IL 60538
Estimated Value: $854,000 - $933,000
3
Beds
2.5
Baths
3,750
Sq Ft
$239/Sq Ft
Est. Value
Highlights
- In Ground Pool
- 13.36 Acre Lot
- Family Room with Fireplace
- Multiple Garages
- Deck
- Home Office
About This Home
As of June 2024This 3 bedroom, 2 1/2 bath, with approx. 3750sf home of above grade living space sits on 13+ prime acres of well manicured grounds with mature trees throughout offering a unique opportunity to make this your own residence or purchase as an investment. The property is currently zoned R-1 for possible subdividing for a roughly 30 SFH development. Sellers attorney is in discussions with city for re-zoning consideration for multi family or assisted living facility. Prospective buyers do your due diligence. Note that the inlay lot currently brings in roughly $2500/month in rental income from the primary residence and rental of garages and barn (this is well under market value) creating an outstanding buy and hold opportunity. North frontage is 409.72' on Sherman Ave, east is 1370.60', south is 426.31' on Montgomery Road and west is 1483.61'. Note that water line is 8", sewer line is 30" and storm sewer line is 24" all along Sherman Ave. DO NOT DISTURB TENANTS. APPOINTMENT REQUIRED.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471000416 Listed on: 02/27/2024
Last Buyer's Agent
Leigh Anne Scoughton
Redfin Corporation License #475187447
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,310
Year Built
- Built in 1958
Lot Details
- 13.36 Acre Lot
- Lot Dimensions are 409x1370x426x1483
Parking
- 8 Car Garage
- Multiple Garages
- Heated Garage
- Driveway
- Parking Space is Owned
Home Design
- Wood Siding
Interior Spaces
- 3,750 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Dining Room
- Home Office
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Finished Basement
- Partial Basement
- Fireplace in Basement
- Finished Basement Bathroom
Outdoor Features
- In Ground Pool
- Deck
- Patio
Utilities
- Central Air
- Heating System Uses Natural Gas
- 400 Amp
- Private or Community Septic Tank
Community Details
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2025
Sold by
Avila Sury A and Avila Group Inc
Bought by
Avila Carlos E and Avila Sury A
Current Estimated Value
Purchase Details
Closed on
Nov 18, 2024
Sold by
Avila Carlos and Avila Sury
Bought by
Avila Group Inc
Purchase Details
Listed on
Feb 27, 2024
Closed on
Jun 11, 2024
Sold by
Hill Worth
Bought by
Avila Carlos E and Avila Sury A
Seller's Agent
Frank Commisso
@properties Christie's International Real Estate
Buyer's Agent
Leigh Anne Scoughton
Redfin Corporation
List Price
$850,000
Sold Price
$820,099
Premium/Discount to List
-$29,901
-3.52%
Views
132
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$750,300
Interest Rate
7.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2007
Sold by
Fifth Third Bank Na
Bought by
Hill Worth
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Avila Carlos E | -- | None Listed On Document | |
| Avila Group Inc | -- | None Listed On Document | |
| Avila Carlos E | $820,000 | Ticor Title | |
| Hill Worth | $763,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Avila Carlos E | $750,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2024 06/11/24 | Sold | $820,099 | -3.5% | $219 / Sq Ft |
| 04/28/2024 04/28/24 | Pending | -- | -- | -- |
| 02/27/2024 02/27/24 | For Sale | $850,000 | -- | $227 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $23,349 | $324,674 | $135,233 | $189,441 |
| 2023 | $22,570 | $290,095 | $120,830 | $169,265 |
| 2022 | $21,310 | $264,685 | $110,246 | $154,439 |
| 2021 | $20,439 | $246,425 | $102,640 | $143,785 |
| 2020 | $19,429 | $228,892 | $95,337 | $133,555 |
| 2019 | $18,971 | $212,074 | $88,332 | $123,742 |
| 2018 | $18,703 | $203,286 | $81,706 | $121,580 |
| 2017 | $19,828 | $208,812 | $75,284 | $133,528 |
| 2016 | $19,340 | $196,410 | $75,921 | $120,489 |
| 2015 | -- | $171,762 | $65,286 | $106,476 |
| 2014 | -- | $165,426 | $66,034 | $99,392 |
| 2013 | -- | $166,605 | $65,658 | $100,947 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Commisso
-
Leigh Anne Scoughton
Buyer's Agent in 2024
Leigh Anne Scoughton
Redfin Corporation
(815) 342-3047
2 in this area
46 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11990858
APN: 15-33-426-001
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