NOT LISTED FOR SALE

Estimated Value: $569,000 - $632,781

0.27 Acre
$2,214,611 Price per Acre
11,761 Sq Ft Lot

Last Sold August 30, 2021

Last sale price $57,000 $18 Per Sq Ft

Est. 949% increase in value since last sale

Current estimated payment $4,147/month

29 Days on Market

About This Lot

As of August 2021

This is the one. Oversized walkout lot on the pond. This is one of the last remaining premium Springbank lots. Build you dream home here and enjoy all that nature has to offer from your back porch. This can also be bought as a package of multiple lots

Last Agent to Sell the Property

Bryan Kasprisin

RE/MAX Professionals Select License #471004157 Listed on: 04/12/2021

RE/MAX Professionals Select

Last Buyer's Agent

Bryan Kasprisin

RE/MAX Professionals Select License #471004157 Listed on: 04/12/2021

RE/MAX Professionals Select

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $432

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80x128x97x133
  • Waterfront

Property Views

  • Water Views

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Springbank Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$432

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple w/ HO Assn.
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Springbank
  • General Information: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 80X128X97X133
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Subdivision Lot Number: 9

Rental Info

  • Board Number: 17
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 431.56
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Silverthorne Development Co
Bought by
Sandstrom Jeffrey M and Sandstrom Ericka
Current Estimated Value
$597,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,200
Outstanding Balance
$420,289
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$177,656

Purchase Details

Listed on
Apr 12, 2021
Closed on
Aug 10, 2021
Sold by
Wilshire Dev Corporation
Bought by
Silverhorne Development Co
Seller's Agent
Bryan Kasprisin
RE/MAX Professionals Select
Buyer's Agent
Bryan Kasprisin
RE/MAX Professionals Select
List Price
$79,000
Sold Price
$57,000
Premium/Discount to List
-$22,000
-27.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.40%
Original Mortgage
$756,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 6, 2012
Sold by
Shukis Builders Incorporated
Bought by
Wilshire Development Corporation

Purchase Details

Closed on
Dec 9, 2005
Sold by
Maf Developments Inc
Bought by
Shukis Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,250
Interest Rate
6.4%
Mortgage Type
Construction
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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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
Sandstrom Jeffrey M $559,739 None Listed On Document
Silverhorne Development Co $504,000 Fox Title
Wilshire Development Corporation $20,000 Chicago Title Insurance Co
Shukis Builders Inc $539,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandstrom Jeffrey M $435,200
Previous Owner Silverhorne Development Co $756,000
Previous Owner Shukis Builders Inc $404,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $57,000 -12.3% $18 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/29/2021 04/29/21 Price Changed $65,000 -17.7% $20 / Sq Ft
04/11/2021 04/11/21 For Sale $79,000 -- $24 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $12,468 $187,801 $25,907 $161,894
2023 $12,468 $5,945 $5,945 $0
2022 $477 $5,873 $5,873 $0
2021 $452 $5,489 $5,489 $0
2020 $450 $5,333 $5,333 $0
2019 $432 $5,081 $5,081 $0
2018 $414 $4,774 $4,774 $0
2017 $402 $4,537 $4,537 $0
2016 $394 $4,327 $4,327 $0
2015 $375 $4,053 $4,053 $0
2014 $375 $3,910 $3,910 $0
2013 $375 $3,910 $3,910 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11050976

Midwest Real Estate Data (MRED)

APN: 06-03-20-309-006