NOT LISTED FOR SALE

2947 Us Highway 150 Rio, IL 61472

Estimated Value: $220,000 - $562,000

37.68 Acres
$10,033 Price per Acre
1,641,341 Sq Ft Lot

Last Sold April 06, 2020

Last sale price $375,000 $132 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,794/month

216 Days on Market

About This Lot

As of April 2020

* 3 Bedroom, 2 3/4 Bath, 2,840sqft home * Great room with 2-story stone fireplace * 2-car heated attached garage * Great views * Deck overlooking pond * 26.6 acres tillable * Equipment storage or livestock building * 30 minutes from QC metro * 12 miles north of Galesburg, IL * Alwood School District

Last Agent to Sell the Property

Chase Burns

LandGuys, LLC of Illinois License #471019052 Listed on: 07/30/2019

Co-Listed By

Don Wagner

LandGuys, LLC of Illinois License #475136605

Last Buyer's Agent

Chase Burns

LandGuys, LLC of Illinois License #471019052 Listed on: 07/30/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,774

Lot Details

Interior Spaces

  • 2,840 Sq Ft Home

Schools

  • Alwood Unit #225 High School

Utilities

  • Well
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$5,774

Lot Details

0

Listing Details

  • Class: Lots/Acres/Farms
  • Type: Acres
  • Legal Description: NW SW Sec 3 T13 R1
  • Lvt Date: 07/30/2019
  • Number Stories: 2
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Estimated Above Grade Sq Ft: 2840
  • Estimated Basement Sq Ft: 1858
  • Estimated Total Finished Sq Ft: 2840

Utilities

  • Water Sewer: Private Well, Septic System

Schools

  • High School: Alwood Unit #225

Lot Info

  • Estimated Lot Size: 37.68 Acres
  • Lot Description: Lake/Pond
  • Zoning: Residential
  • Estimated Number of Acres: 37.68
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 5773.5
  • Parcel Id Number Tax Id: 01-03-300-001
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Apr 5, 2020
Sold by
Rehn F Jean Trust
Bought by
Love Steven J
Seller's Agent
Chase Burns
LandGuys, LLC of Illinois
Buyer's Agent
Chase Burns
LandGuys, LLC of Illinois
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Current Estimated Value
$378,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,044
Avg. Annual Appreciation
0.14%
Original Mortgage
$300,000
Outstanding Balance
$265,764
Interest Rate
3.4%
Mortgage Type
Construction
Estimated Equity
$112,280
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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Purchase History

Date Buyer Sale Price Title Company
Love Steven J $375,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Steven J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $375,000 -11.8% $132 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
09/06/2019 09/06/19 Price Changed $425,000 -5.6% $150 / Sq Ft
07/30/2019 07/30/19 For Sale $450,000 -- $158 / Sq Ft
Source: RMLS Alliance

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 $9,820 $117,230 $18,510 $98,720
2023 $9,820 $110,890 $16,680 $94,210
2022 $6,631 $73,700 $14,950 $58,750
2021 $6,166 $67,910 $13,390 $54,520
2020 $5,847 $63,570 $12,040 $51,530
2019 $5,794 $62,520 $10,990 $51,530
2018 $5,774 $62,080 $10,050 $52,030
2017 $5,806 $61,220 $9,190 $52,030
2015 -- $59,220 $7,690 $51,530
2013 $4,668 $60,210 $6,060 $54,150
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chase Burns

    LandGuys, LLC of Illinois

    (309) 368-0370

    95 Total Sales

    Chase Burns
    Section Image
  • Don Wagner

    Seller Co-Listing Agent in 2020

    Don Wagner

    LandGuys, LLC of Illinois

    (309) 335-2894

    120 Total Sales

    Don Wagner
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA1131

RMLS Alliance

APN: 01-03-300-001

Illinois Knox County Rio 61472

2947 Us Highway 150, Rio, IL

Not Listed for Sale

Lots

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