NOT LISTED FOR SALE

2523 E 2350th Rd Marseilles, IL 61341

Estimated Value: $486,000 - $551,000

3 Beds
2 Baths
2,500 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $292,500 $117 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,445/month

203 Days on Market

Highlights

  • Barn
  • 5.03 Acre Lot
  • Landscaped Professionally
  • Horses Allowed On Property
  • Cape Cod Architecture
  • Deck

About This Home

As of April 2019

This property has it all. 3+ bedroom 2 bath 2 story Cap cod home sitting on 5 wooded acres MOL. The house features a brand new Country Kitchen with maple wood cabinets, breakfast bar and stainless steel appliances. 1st floor full bath with tile tub/shower, formal dining room with new hardwood flooring. Living room and 2 story tile foyer. The upper level features 3 spacious bedrooms including the Master bedroom and office or loft. Solid wood doors throughout. Updated bath with large soaking tub and separate shower. Full walkout basement perfect for finishing with laundry and bath rough in. Newly added 28x36 detached building with concrete floors 3+ car garage has walk up 2nd floor for storage 12" ceiling and insulated. Additional 30x30 barn/garage and small barn at property back. Horses Welcome! Seller to provide a 1 year home warranty.

Last Agent to Sell the Property

George Shanley

Coldwell Banker Real Estate Group License #475092481 Listed on: 07/12/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Alice Green

Starved Rock Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,186

Lot Details

  • 5.03 Acre Lot
  • Lot Dimensions are 212x976x236x1076
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Garden Bath
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Rough-In Basement Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

  • Grand Ridge Comm Cons Elementary And Middle School
  • Ottawa Township High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • Horse Trails

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,186

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Basement: Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Full Bath
  • LivingArea: 2500
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Bathroom Rough-In
  • Bathroom Amenities: Separate Shower,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 299500
  • Lot Features: Horses Allowed, Irregular Lot, Landscaped, Wooded
  • OtherStructures: Barn(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Horse-Riding Area, Horse-Riding Trails, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Grand Ridge Comm Cons School
  • High School: Ottawa Township High School
  • Middle/Junior School: Grand Ridge Comm Cons School
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.03
  • Lot Dimensions: 212X976X236X1076
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5186.1
  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

MLS Schools

  • Other Public Sch Dist: 513
  • Othr Public Sch: Ivcc

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Apr 30, 2019
Sold by
Donovan William E and Donovan Cheryll K
Bought by
Reed Paul
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
Alice Green
Starved Rock Realty
List Price
$299,500
Sold Price
$292,500
Premium/Discount to List
-$7,000
-2.34%
Current Estimated Value
$507,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,765
Avg. Annual Appreciation
6.90%
Original Mortgage
$282,737
Outstanding Balance
$256,409
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$192,294
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Reed Paul $292,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Paul $282,737
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $292,500 -2.3% $117 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $299,500 0.0% $120 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $299,500 +1.5% $120 / Sq Ft
10/15/2018 10/15/18 Price Changed $295,000 -6.3% $118 / Sq Ft
07/12/2018 07/12/18 For Sale $315,000 -- $126 / 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 $9,188 $130,677 $16,375 $114,302
2023 $8,256 $114,619 $14,363 $100,256
2022 $7,964 $108,963 $13,654 $95,309
2021 $7,806 $105,666 $13,241 $92,425
2020 $7,322 $98,976 $12,403 $86,573
2019 $6,598 $92,371 $11,575 $80,796
2018 $5,201 $84,550 $10,595 $73,955
2017 $5,186 $84,753 $10,620 $74,133
2016 $5,222 $84,761 $10,621 $74,140
2015 $5,755 $86,052 $10,783 $75,269
2012 -- $93,294 $13,039 $80,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10015879

Midwest Real Estate Data (MRED)

APN: 23-25-300006