NOT LISTED FOR SALE

26435 S Cedar Rd Manhattan, IL 60442

Estimated Value: $1,040,991

3 Beds
7 Baths
5,140 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $920,000 $179 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,883/month

35 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Indoor Pool
  • Peotone Junior High School Rated 9+
  • Second Kitchen
  • Second Garage

About This Home

As of June 2023

***PRICED TO SELL***Incredible opportunity to own one of the most custom and meticulously maintained, fully updated, properties in Manhattan. Situated on over 15 acres sits this 4 bedroom, 4 bath true ranch home with over 5,000 livable finished square feet. 4 large detached outbuildings along with an indoor heated inground pool, hot tub, sauna, and wet bar. The property has been professionally landscaped and offers private, scenic views from every angle, as well as an asphalt extended driveway leading all the way to the back outbuildings. Upon walking into the home itself, you will be greeted with the perfect combination of updates and charm with new flooring and fresh paint throughout. The kitchen has been tastefully updated with custom white cabinets, heated floors, and granite counters, and overlooks beautiful inside pool (also heated floors in pool and pool bath) allowing a vacation feel ALL YEAR LONG. 3 of the 4 bathrooms in the home have been updated to offer custom cabinets and tile work. The primary bedroom suite has trey ceilings, a grand 4 piece bath with dual vanities, and an oversized custom walk in closet (15') in which also allows access to the pool/spa area. Downstairs you will find a fully finished basement set up for related living, or can be used as additional living space with a generously sized living area, 2 bedrooms (one is currently set up for an in-home gym), full bath, storage, and a second FULL KITCHEN featuring stainless steel appliances and granite counters with an eat at bar area. The entire property comes with an upgraded new (19') security/camera system that stays, a new (20') full home generator, newer AC (15') and home roofs. The fenced in portion of the yard attaches to the fully bricked additional 40x60 garage. This building offers a full bath, water and electric, concrete flooring, and is fully heated and insulated with windows and can easily hold 7-8 cars. In addition, there is a 40x40 insulated (ready to be heated) outbuilding with concrete with an additional 30x40 attached. The main building is 50x90 and offers concrete flooring, insulated and heated with 6 heaters (car lift negotiable), full bathroom and a full kitchen. Currently approximately 8 acres of this beautiful estate is being farmed, and although this property is not currently set up for horses they are most definitely welcome! The possibilities are truly endless. Don't let this opportunity pass you by. Call to schedule your private tour, today!

Last Agent to Sell the Property

Randi Quigley

eXp Realty License #475164758 Listed on: 02/09/2023

eXp Realty

Last Buyer's Agent

Richard Hansen

Executive Realty Group LLC License #475147677

Executive Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,262

Year Built

  • Built in 1979

Lot Details

  • 15.38 Acre Lot
  • Lot Dimensions are 1156x238x400x1010x1860
  • Dog Run
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 10 Car Garage
  • Second Garage
  • Multiple Garages
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,140 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Sauna
  • Home Gym
  • Full Attic
  • Property Views

Kitchen

  • Second Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Heated Floors
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Pool

  • Indoor Pool
  • Pool House
  • In Ground Pool
  • Spa

Outdoor Features

  • Stamped Concrete Patio
  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Propane
  • 400 Amp
  • Power Generator
  • Well
  • Multiple Water Heaters
  • Water Softener is Owned
  • Private or Community Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,262

Year Built

Built in 1979

Lot Details

15.38 Acres

Parking

10

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1979
  • Age: 41-50 Years
  • 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener
  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Sauna/Steam Room, Hot Tub, Bar-Wet, Wood Laminate Floors, Heated Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, Pool Indoors, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Granite Counters, Health Facilities, Workshop Area (Interior)
  • LivingArea: 5140
  • Other Equipment: Water-Softener Owned, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Generator, Multiple Water Heaters, Security Cameras
  • Room Type: Kitchen, Other Room
  • Estimated Total Finished Sq Ft: 7140
  • Basement Description: Finished,Rec/Family Area,Sleeping Area
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 7140
  • Attic: Full
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Dog Run, Stamped Concrete Patio, In Ground Pool, Workshop, Other
  • Foundation Details: Concrete Perimeter
  • Lot Features: Horses Allowed, Irregular Lot, Landscaped, Wooded, Mature Trees, Views
  • OtherStructures: Barn(s), Outbuilding, Pool House, Second Garage, Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 10
  • Number of Cars: 10
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,Tandem,7 Foot or more high garage door,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, Service - 400 Amp or Greater
  • Heating: Propane
  • Laundry Features: Multiple Locations
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Pool, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 15.38
  • Lot Dimensions: 1156X238X400X1010X1860
  • Rural (Y/N): Y
  • Lot Size: 10+ Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 17262.44
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Jun 5, 2023
Sold by
Spies Steven Paul and Spies Cynthia
Bought by
Hofbauer Glen and Hofbauer Janene
Seller's Agent
Randi Quigley
eXp Realty
Buyer's Agent
Richard Hansen
Executive Realty Group LLC
List Price
$999,999
Sold Price
$920,000
Premium/Discount to List
-$79,999
-8%
Views
203
Current Estimated Value
$1,040,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,991
Avg. Annual Appreciation
4.58%
Original Mortgage
$520,930
Outstanding Balance
$506,640
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$534,351

Purchase Details

Closed on
May 26, 2016
Sold by
Moore John W
Bought by
Spiess Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,780
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2012
Sold by
Chicago Title Land Trust Co
Bought by
Spiess Steven P and Spiess Cynthia

Purchase Details

Closed on
Apr 30, 2003
Sold by
Spiess Connie
Bought by
Spiess Steven P
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Hofbauer Glen $920,000 Fidelity National Title
Spiess Farms Llc $257,208 Fidelity National Title Ins
Spiess Steven P -- None Available
Spiess Steven P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofbauer Glen $520,930
Previous Owner Spiess Farms Llc $192,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $920,000 -8.0% $179 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $999,999 -- $195 / 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 $16,894 $304,002 $50,852 $253,150
2023 $16,894 $291,282 $47,532 $243,750
2022 $16,754 $272,241 $38,741 $233,500
2021 $17,262 $271,977 $38,477 $233,500
2020 $17,001 $262,887 $38,237 $224,650
2019 $17,721 $260,418 $35,768 $224,650
2018 $18,667 $254,669 $35,569 $219,100
2017 $18,767 $254,489 $35,389 $219,100
2016 $18,075 $243,124 $35,224 $207,900
2015 $17,547 $233,994 $33,744 $200,250
2014 $17,547 $232,094 $33,644 $198,450
2013 $17,547 $231,985 $33,535 $198,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11715522

Midwest Real Estate Data (MRED)

APN: 14-12-27-100-033

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