NOT LISTED FOR SALE

2831 E 2525th Rd Marseilles, IL 61341

Estimated Value: $377,000 - $540,000

3 Beds
4 Baths
2,400 Sq Ft
$197/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $435,000 $181 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,229/month

124 Days on Market

Highlights

  • Family Room with Fireplace
  • Attached Garage
  • 1-Story Property
  • Formal Dining Room

About This Home

As of February 2022

Incredible 3 bedroom ranch home on 5 acres with stocked private pond. One owner, quality-built home with 3 seasons room overlooking wooded yard and main floor office perfect for working from home. Beautiful eat-in kitchen with breakfast bar ~ separate dining room is generously sized ~ perfect for entertaining. Lovely living room with wood burning fireplace with gas start. Three bedrooms including fabulous master suite with dual sinks, garden tub & separate shower. Fabulous basement with second fireplace, bar and recreation room, craft room and workshop. Whole house generator included; attic can be expanded to add additional bedrooms. Home Warranty offered. All dimensions are approximate.

Last Agent to Sell the Property

Erin Stuedemann

Coldwell Banker Real Estate Group License #475141525 Listed on: 09/22/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Carrie Mitcheff

Village Realty, Inc. License #475182297

Village Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,498

Year Built

  • 2000

Lot Details

  • 5.05

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Cedar

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,498

Year Built

2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: I 80 exit 97 south to N. 30th Rd, east to 2575th Rd south to 2525th Rd.
  • Lot Size: 250X240X677X214X165X36X294
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 2000

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Square Footage Comments: Square footage does not include the finished basement.
  • Total Sq Ft: 0
  • Attic: Interior Stair,Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Other Equipment: Water-Softener Owned
  • Dining Room Type: Foyer, Office, Workshop, Sun Room

Exterior Features

  • Exterior Building Type: Cedar
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Milton Pope Elementary School
  • High School: Seneca Township High School
  • Junior High Dist: 160
  • Middle Or Junior School: Milton Pope Elementary School

Lot Info

  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N
  • Additional Parcels: Yes

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5467.26
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Feb 17, 2022
Sold by
Brewer Steven W and Brewer Mary Lou
Bought by
Terrell Lynette Rita and Terrell Nancy
Seller's Agent
Erin Stuedemann
Coldwell Banker Real Estate Group
Buyer's Agent
Carrie Mitcheff
Village Realty, Inc.
List Price
$499,900
Sold Price
$435,000
Premium/Discount to List
-$64,900
-12.98%
Current Estimated Value
$473,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,498
Avg. Annual Appreciation
2.36%
Original Mortgage
$354,090
Outstanding Balance
$330,506
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$142,992

Purchase Details

Closed on
Apr 26, 2006
Sold by
Brewer Steven W and Brewer Mary Lou
Bought by
Hepner Craig M and Hepner Erica J

Purchase Details

Closed on
Feb 15, 2005
Sold by
Brewer Steven W and Brewer Mary Lou
Bought by
Hepner Craig M and Hepner Erica J
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
Terrell Lynette Rita $435,000 None Available
Hepner Craig M -- None Available
Hepner Craig M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terrell Lynette Rita $354,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $435,000 -13.0% $181 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
09/22/2021 09/22/21 For Sale $499,900 -- $208 / 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 $8,498 $150,724 $24,287 $126,437
2023 $8,661 $151,041 $24,338 $126,703
2022 $5,362 $92,611 $20,187 $72,424
2021 $5,393 $92,611 $20,187 $72,424
2020 $5,399 $92,611 $20,187 $72,424
2019 $5,540 $93,330 $20,344 $72,986
2018 $5,916 $93,023 $20,277 $72,746
2017 $5,962 $93,023 $20,277 $72,746
2016 $5,995 $93,500 $20,381 $73,119
2015 $5,988 $93,500 $20,381 $73,119
2012 -- $105,300 $22,953 $82,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11226681

Midwest Real Estate Data (MRED)

APN: 24-08-315000