NOT LISTED FOR SALE

315 Fair Acres Dr Galesburg, IL 61401

Estimated Value: $529,422 - $695,000

4 Beds
3 Baths
6,497 Sq Ft
$92/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $575,000 $89 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,551/month

Highlights

  • In Ground Pool
  • Hydromassage or Jetted Bathtub
  • Patio
  • Cathedral Ceiling
  • Solid Surface Countertops
  • Home Security System

About This Home

As of October 2022

Graceful elegance presented with your exceptional custom designed mid-century modern 4BR, 6 Bath home featuring amenities galore. Sweeping circle drive, entry porch, entry hall offering hand painted murals, marble flooring, & winding staircase. Living rm features fireplace, crown molding, plantation shutters & beautiful views. Comfortably entertain in your dining rm offering vaulted ceiling, & Hickory flooring flowing directly into your delightful kitchen that surely will be the favorite gathering place for all to enjoy. Kitchen includes breakfast nook, custom cabinets, island, double ovens, sub-zero refrigerator, all open to family room offering wood inlay flooring, & fireplace. Extraordinary glass conservatory provides space for casual dining & conversation in addition to gorgeous views of the private backyard, sparkling in-ground pool, & patio area. ML also offers 2 BR suites featuring private en-suite baths. 3-car attached garage with added parking. See full description attached.

Last Agent to Sell the Property

Thomas Knapp

RE/MAX Preferred Properties License #471003323 Listed on: 08/04/2022

Last Buyer's Agent

Sara Varner

Platinum Key Real Estate, LLC License #471020643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,750

Year Built

  • Built in 1957

Lot Details

  • Irrigation

Interior Spaces

  • 2-Story Property
  • Wired For Sound
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Two Story Entrance Foyer
  • Sump Pump
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed

Schools

  • Steele Elementary School

Utilities

  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,750

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: RAY M ARNOLD S FAIR ACRES ADDNLOTS 1 16 & 17 BLK 5
  • Lvt Date: 08/04/2022
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator, Water Softener - Owned, Washer, Dryer
  • Fireplace: Gas Lighter, Gas Logs, Wood Burning, Family Room, Living Room
  • Interior Amenities: Cable Tv Available, Ceilings/Cath/Vault/Tray, Garage Door Opener(s), Jetted Tub, Solid Surface Counter Top, Surround Sound Wiring, Blinds, Ceiling Fan, Foyer 2 Story, Window Coverings, Security System Available
  • Number Fireplaces: 2
  • Total Bathrooms: 6
  • Total Full Baths: 3
  • Number of Main Level Full Bathrooms: 2
  • Total Half Baths: 3
  • Number of Lower Level Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 19.07x15.1, On Level: Main, Flooring: Carpet
  • Basement Foundation: Crawl Space, Finished, Partial
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 16.05x14.06, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 16.09x14.1, On Level: Upper, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 16.08x14.1, On Level: Upper, Flooring: Carpet
  • Bedroom 4 Egress Window: Yes
  • Den: Dimensions: 12.09x7.08, On Level: Main, Flooring: Carpet
  • Family Room: Dimensions: 22.06x15.05, On Level: Main, Flooring: Hardwood
  • Formal Dining Room: Dimensions: 17.09x15.05, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 24x16.07, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Breakfast Bar, Dining Formal, Dining Informal, Eat-In Kitchen, Island
  • Laundry: Dimensions: 23.5x14.11, On Level: Lower, Flooring: Other
  • Living Room: Dimensions: 28.1x19.07, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 1238
  • Rec Room: Dimensions: 28.1x21.01, On Level: Lower, Flooring: Vinyl
  • Total Basement Sq Ft: 1238
  • Additional Room 1: Dimensions: 28.05x19, On Level: Main, Flooring: Tile
  • Additional Room 2: Dimensions: 24.09x10.08, On Level: Main, Flooring: Tile
  • Price Per Sq Ft: 109.34
  • Finished Sq Ft: 6497
  • Total Sq Ft: 5259
  • Finished Main Level Sq Ft: 4329
  • Upper Level Finished Sq Ft: 930

Exterior Features

  • Exterior: Brick, Steel Siding
  • Exterior Amenities: Patio, Shed, Irrigation System, Pool In Ground
  • Road Access: Paved
  • Roofing: Rubber, Shingles

Garage/Parking

  • Garage Parking: Attached, Guest Parking, Paved
  • Garage Yn: Yes
  • Number Cars: 3
  • Number Of Garage Remotes: 2

Utilities

  • Heating Cooling: Gas, 2+ Heating Systems, Forced Air, Water Heater - Gas, 2+ Cooling Systems, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer, Sump Pump
  • Utility Companies: Ameren IP

Schools

  • Elementary School: Steele

Lot Info

  • Estimated Lot Size: 245.4 x 160 x 210.7 x 160
  • Estimated Number of Acres: 0.84
  • Lot Description: Corner, Level, Extra Lot
  • Subdivision: Arnold
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 12749.6
  • Parcel Id Number Tax Id: 9903329011
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2021

MLS Schools

  • High School School District: Galesburg
  • Middle School: Lombard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 14, 2022
Sold by
Ruppel James R Trust
Bought by
Osmundson Kurt D
Seller's Agent
Thomas Knapp
RE/MAX Preferred Properties
Buyer's Agent
Sara Varner
Platinum Key Real Estate, LLC
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Views
179
Current Estimated Value
$594,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,606
Avg. Annual Appreciation
1.09%
Original Mortgage
$517,500
Outstanding Balance
$497,848
Interest Rate
6%
Mortgage Type
Construction
Estimated Equity
$96,758
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
Osmundson Kurt D $575,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osmundson Kurt D $517,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $575,000 -3.4% $89 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $595,000 -- $92 / 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 $17,075 $190,030 $11,100 $178,930
2023 $17,075 $184,000 $10,750 $173,250
2022 $13,225 $150,540 $10,750 $139,790
2021 $12,750 $142,020 $10,140 $131,880
2020 $12,958 $142,020 $10,140 $131,880
2019 $12,783 $139,230 $9,940 $129,290
2018 $12,738 $139,220 $9,650 $129,570
2017 $12,440 $135,170 $9,370 $125,800
2015 -- $133,170 $9,230 $123,940
2013 $10,644 $125,210 $9,320 $115,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1016728

RMLS Alliance

APN: 99-03-329-011