NOT LISTED FOR SALE

28858 King Ct Palmyra, IL 62674

Estimated Value: $463,611 - $485,000

4 Beds
3 Baths
3,040 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $455,000 $150 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,088/month

53 Days on Market

Highlights

  • Lake View
  • No HOA
  • Skylights
  • Deck
  • Cul-De-Sac
  • Porch

About This Home

As of October 2024

Experience lakeside living at its finest with this stunning 4-bedroom Craftsman-style home, perfectly situated just 2 miles from the public boat launch on Otter Lake—a 700-acre gem known for its excellent fishing and water skiing. This versatile property offers a variety of living options, featuring a walkout basement with a separate kitchen, full bath, and 2 additional bedrooms—ideal for an in-law suite or extended family. The expansive land includes 4 buildable lots, presenting a rare investment opportunity. Whether you choose to develop or enjoy the 4 acres as your personal sanctuary, you'll be treated to breathtaking views of Otter Lake from every angle. Embrace the beauty of all seasons, surrounded by scenic woods and tranquil waters. Inside, the spacious main floor boasts an open floor plan with a cozy fireplace and a primary suite. Step outside to a wrap-around deck offering panoramic views of the lake. Additionally, the extra-large garage provides ample space for all your recreational toys or a workshop. With a brand new roof just installed, this home is ready for you to move in and start enjoying the best of lakeside living. Conveniently located between Springfield and St. Louis, it's the perfect retreat for those working from home. Don’t miss this unique opportunity to own a piece of paradise. Contact us today to schedule a viewing and explore the endless possibilities!

Last Agent to Sell the Property

Todd Musso

The Real Estate Group, Inc. Brokerage Phone: 217-725-5458 License #471001796 Listed on: 07/24/2024

The Real Estate Group, Inc.

Last Buyer's Agent

Tracy Shaw

Keller Williams Capital License #475134690

Keller Williams Capital

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,897

Year Built

  • Built in 2010

Lot Details

  • 5 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Street terminates at a dead end

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 3,040 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck
  • Porch

Schools

  • North Mac District #34 High School

Utilities

  • Central Heating
  • Geothermal Heating and Cooling
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 13-000-145-05

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,897

Year Built

Built in 2010

Lot Details

5 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2010
  • Architectural Style: Ranch
  • New Construction: No
  • Attribution Contact: Mobl: 217-725-5458
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Egress Window(s), Finished, Full, Walk Out
  • Accessibility Features: Doors, Wide Hallways
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Insert, Living Room
  • Fireplaces: 1
  • Interior Amenities: In-Law Floorplan, Radon Mitigation System, Skylight(s)
  • Living Area: 3040
  • Stories: 1
  • KitchenDining: Island

Exterior Features

  • Lot Features: Cul-De-Sac, Dead End Street, Lake View
  • Road Surface Type: Gravel, Private Road
  • Construction Type: Frame, Brick, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Gravel, Private

Utilities

  • Heating: Central Air, Geothermal
  • Water Source: Public, Septic System

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No
  • DevelopmentName: KING ESTATES

Schools

  • High School: North Mac District #34

Lot Info

  • Lot Size Acres: 5
  • Lot Size: 5 acres
  • Additional Parcels Description: 13-000-145-04, 13-000-145-03, 13-000-145-02, 13-000-145-01
  • Parcel #: 13-000-145-05

Green Features

  • Efficiency: Geothermal Heating/Cooling System

Rental Info

  • Pets Allowed: 0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8896.62
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Oct 15, 2024
Sold by
Hays Bryce D and Hays Linda R
Bought by
David W And Kathleen Johnson Living Trust and Johnson
Seller's Agent
Todd Musso
The Real Estate Group, Inc.
Buyer's Agent
Tracy Shaw
Keller Williams Capital
List Price
$525,000
Sold Price
$455,000
Premium/Discount to List
-$70,000
-13.33%
Views
208
Current Estimated Value
$470,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,870
Avg. Annual Appreciation
2.59%
Original Mortgage
$364,000
Outstanding Balance
$349,267
Interest Rate
5.47%
Mortgage Type
New Conventional
Estimated Equity
$121,603

Purchase Details

Closed on
Nov 24, 2003
Bought by
Hays Bryce D and Hays Linda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
David W And Kathleen Johnson Living Trust -- None Listed On Document
Hays Bryce D $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David W And Kathleen Johnson Living Trust $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $455,000 -4.2% $150 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $475,000 -4.0% $156 / Sq Ft
08/05/2024 08/05/24 Price Changed $495,000 -5.7% $163 / Sq Ft
07/24/2024 07/24/24 For Sale $525,000 -- $173 / Sq Ft
Source: RMLS Alliance

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 $7,942 $122,334 $6,570 $115,764
2023 $7,168 $113,272 $6,083 $107,189
2022 $7,168 $105,862 $5,685 $100,177
2021 $6,846 $109,936 $5,313 $104,623
2020 $6,477 $103,463 $4,965 $98,498
2019 $6,062 $88,060 $4,729 $83,331
2018 $5,984 $86,080 $0 $0
2017 $5,264 $83,330 $4,475 $78,855
2016 $5,563 $79,362 $4,262 $75,100
2015 $5,324 $79,362 $4,262 $75,100
2014 $5,255 $79,362 $4,262 $75,100
2013 $5,217 $79,362 $4,262 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1030739

RMLS Alliance

APN: 13-000-145-05

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