NOT LISTED FOR SALE

2888 Terpening Rd Alton, IL 62002

Estimated Value: $118,000

-- Bed
1 Bath
-- Sq Ft
38 Acres

Last Sold December 29, 2021

Last sale price $980,000

Current estimated payment $665/month

7 Days on Market

Highlights

  • Scenic Views
  • Covered Patio or Porch
  • Crops Farm
  • Wooded Lot
  • 5 Acres of Pasture
  • Level Lot

About This Home

As of December 2021

This Macoupin County farm is 199 (+/-) acres mix of tillable and timber. The property comes with a 900 square foot house that has the makeup for a future hunting cabin, where memories can be shared for years to come. Between the two parcels, there is roughly 100 (+/-) acres of tillable ground to help generate revenue on this investment. As you move north, you will access the larger 160 (+/-) acre parcel making up the majority of this beautiful property. You have nearly 80 (+/-) acres of Tillable and 80 (+/-) acres of Timber with those primary and secondary ridges that hunters look for. Accompanied by those ridges are some of those favored Illinois ravines that the trophy Illinois whitetails love to roam and call home. Whether you enjoy chasing Illinois Whitetails in the fall or long beard turkeys in the spring – you are guaranteed to have a good time on this property.

Last Agent to Sell the Property

Michael Young

Elite Land & Auction Co, LLC License #471.022215 Listed on: 11/11/2021

Last Buyer's Agent

Jared Childress

Market Pro Realty, Inc License #471.021240

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $537

Year Built

  • Built in 1950

Lot Details

  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Hunting/Fishing, Recreation, Residence, Tenant Farming
  • Property is zoned Agricultural

Home Design

  • Farm
  • Aluminum Siding

Farming

  • Crops Farm
  • Crops
  • 5 Acres of Pasture
  • Agricultural

Utilities

  • Electricity To Lot Line
  • Well
  • Septic System

Additional Features

  • Scenic Vista Views
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 21-000-466-00

Property Details

Property Type

Other

Est. Annual Taxes

$537

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Acreage & Farms
  • Type: Acreage Rural, Agricultural Land, Farm-Row Crop, Recreational
  • Age: 71
  • Ownership: Private
  • Current Use: Crops
  • Miscellaneous: Porch-Covered, Scenic View
  • Possible Use: Hunting/Fishing, Recreation, Residence, Tenant Farming
  • Year: 2020
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Square Footage Unknown: Yes
  • Estimated Sq Ft: 900

Exterior Features

  • Construction: Aluminum Siding
  • Road Access: City Street
  • Road Surface: Tar/Chips

Utilities

  • Sewer: Septic
  • Water: Well
  • Utilities On-site: Electric, Gas, Water

Schools

  • School District: BUNKER HILL DIST 8
  • School District: BUNKER HILL DIST 8

Lot Info

  • Zoning: Agricultural
  • Topography: Crop, Gently Rolling, Level Lot, Sloping, Wooded
  • Pasture Acreage: 5.00
  • Tillable Acreage: 100.00
  • Wooded Acres: 94.00

Tax Info

  • Taxes Paid: 1551
  • Assessor Parcel Number: 21-000-466-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 29, 2021
Sold by
Jean Maupin Mary
Bought by
Grabner Kathryn and Maupin Alice Maria
Seller's Agent
Michael Young
Elite Land & Auction Co, LLC
Buyer's Agent
Jared Childress
Market Pro Realty, Inc
List Price
$1,054,700
Sold Price
$980,000
Premium/Discount to List
-$74,700
-7.08%
Current Estimated Value
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$862,000
Original Mortgage
$833,000
Outstanding Balance
$326,800
Interest Rate
3.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Grabner Kathryn -- Tri County Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grabner Kathryn $833,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $980,000 -7.1% --
11/19/2021 11/19/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $1,054,700 -- --
Source: MARIS MLS

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 $537 $9,206 $9,206 $0
2023 $1,658 $7,995 $7,995 $0
2022 $1,658 $26,281 $9,587 $16,694
2021 $1,613 $23,983 $8,347 $15,636
2020 $1,551 $22,817 $7,477 $15,340
2019 $1,494 $21,007 $6,506 $14,501
2018 $1,379 $20,155 $5,654 $14,501
2017 $1,334 $18,529 $4,894 $13,635
2016 $1,310 $17,913 $4,278 $13,635
2015 $1,321 $17,376 $3,741 $13,635
2014 $1,203 $17,376 $3,741 $13,635
2013 $106 $16,898 $3,263 $13,635
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Young

    Elite Land & Auction Co, LLC

    (913) 674-8010

    40 Total Sales

    Michael Young
    Section Image
  • Jared Childress

    Buyer's Agent in 2021

    Jared Childress

    Market Pro Realty, Inc

    (618) 977-3705

    245 Total Sales

    Jared Childress
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS21081207

MARIS MLS

APN: 21-000-488-00

Illinois Macoupin County Alton 62002

2888 Terpening Rd, Alton, IL

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