NOT LISTED FOR SALE

309 Terra Ln Colfax, IL 61728

Estimated Value: $182,811 - $206,000

3 Beds
2 Baths
3,300 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $127,000 $38 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,343/month

23 Days on Market

Highlights

  • Recreation Room
  • 2 Car Attached Garage
  • Central Air
  • Ranch Style House
  • Storage Room
  • Water Softener is Owned

About This Home

As of August 2021

Come make yourself at home in this wonderful ranch home with mature trees. Located on the edge of town, this home offers a quiet setting with no backyard neighbors and neighbors on only one side. Updates (2008/2009) include new roof and cedar siding, bedroom carpets, bathroom tile (floors and bath/shower), bathroom vanities/toilets, skylights in kitchen, and garage door. South half of roof replaced 2018.

Last Agent to Sell the Property

Phillip Hoffmann

Keller Williams Revolution License #475193267 Listed on: 06/25/2021

Keller Williams Revolution

Last Buyer's Agent

Dawn Peters

Keller Williams Revolution License #475168544

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 1973

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 105x108

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Cedar

Interior Spaces

  • 3,300 Sq Ft Home
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Ridgeview Elementary School
  • Ridgeview Jr High Middle School
  • Ridgeview High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,590

Year Built

Built in 1973

Lot Details

0

Parking

2

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
  • Subdivision Name: Not Applicable
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 3300
  • Other Equipment: Water-Softener Owned, Water-Softener Rented
  • Room Type: Recreation Room, Bonus Room, Storage
  • Estimated Total Finished Sq Ft: 1650
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Square Footage Comments: Deemed accurate but not guarnteed
  • Total Sq Ft: 3300
  • Dining Room Flooring: Vinyl
  • Kitchen Flooring: Vinyl
  • Living Room Flooring: Carpet
  • MRD_MBB: Full
  • Master Bedroom Dimensions: 12X15

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ridgeview Elementary School
  • High School: Ridgeview High School
  • Middle/Junior School: Ridgeview Jr High School

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 105X108
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 3590.34
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 27, 2021
Sold by
Tongate Noelle Christine
Bought by
Cope Jacob and Cope Taylor
Seller's Agent
Phillip Hoffmann
Keller Williams Revolution
Buyer's Agent
Dawn Peters
Keller Williams Revolution
Sold Price
$127,000
Current Estimated Value
$194,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,453
Avg. Annual Appreciation
10.21%
Original Mortgage
$122,761
Outstanding Balance
$111,198
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$83,255

Purchase Details

Closed on
May 26, 2016
Sold by
Powell Betty J
Bought by
Powell Kurt A and Mercer Kathy J

Purchase Details

Closed on
May 31, 2011
Sold by
Tongate Jason Scott and Tongate Noelle Christine
Bought by
Tongate Noelle Christine

Purchase Details

Closed on
Sep 22, 2009
Sold by
Grosse Maxine M and Felkamp Clara M
Bought by
Powell Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,176
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2005
Sold by
Lee Kathy
Bought by
Tongate Jason Scott and Tongate Noelle Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Cope Jacob $127,000 Ftc
Powell Kurt A -- None Available
Tongate Noelle Christine -- None Available
Powell Betty J $78,000 None Available
Tongate Jason Scott $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cope Jacob $122,761
Previous Owner Powell Betty J $76,176
Previous Owner Tongate Jason Scott $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $127,000 -1.9% $38 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/16/2021 07/16/21 For Sale -- -- --
06/28/2021 06/28/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $129,500 -- $39 / 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 $3,914 $58,270 $2,984 $55,286
2022 $3,914 $47,522 $2,434 $45,088
2021 $3,663 $44,964 $2,303 $42,661
2020 $3,590 $43,992 $2,253 $41,739
2019 $3,592 $43,992 $2,253 $41,739
2018 $3,354 $42,603 $2,182 $40,421
2017 $3,114 $41,564 $2,129 $39,435
2016 $3,047 $41,075 $2,104 $38,971
2015 $3,119 $41,999 $2,151 $39,848
2014 $2,998 $41,690 $2,135 $39,555
2013 -- $44,066 $2,257 $41,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11135429

Midwest Real Estate Data (MRED)

APN: 17-03-203-001