NOT LISTED FOR SALE

3206 E 19th Rd Ottawa, IL 61350

Estimated Value: $364,156 - $385,000

25 Acres
$14,983 Price per Acre
1,089,000 Sq Ft Lot

Last Sold June 17, 2024

Last sale price $350,000

Est. 7% increase in value since last sale

Current estimated payment $2,279/month

45 Days on Market

Highlights

  • 25 Acre Lot
  • Pole Barn
  • Central Air
  • Farm

About This Lot

As of June 2024

This versatile property, situated between Dayton and Ottawa, offers a unique opportunity for both living and business endeavors. With ample hayfields and pasture, it caters to agricultural pursuits, boasting 25 acres of prime farmland. Additionally, the potential to take over a seasonal business with an established clientele base adds to its appeal. For those uninterested in agriculture, the property presents the chance to create a charming homestead. The barn can be transformed into a modern barndominium, offering a blend of rustic charm and contemporary living. Approximately 10 acres are dedicated to tree growth, while an additional five acres yield hay annually. Equestrian enthusiasts will appreciate the possibility of creating trails throughout the property, while a spacious pole building with a 12' door provides ample shop space and equipment storage. Utilities such as electricity, propane, a private well, and septic service are already in place, enhancing the property's convenience. Inside the building, four rooms offer versatility, along with a full bathroom for added functionality. Above the finished area lies potential storage space that could be reconfigured into a hayloft, adding to the property's functionality. However, it's important to note that exploration of the property should only be conducted with the accompaniment of a licensed real estate agent. Don't miss out on this exceptional opportunity-schedule a viewing today to explore the endless possibilities of this remarkable property.

Last Agent to Sell the Property

David Welter

RE/MAX Top Properties License #475183240 Listed on: 03/11/2024

RE/MAX Top Properties

Last Buyer's Agent

Jim Maskel

Advantage Realty, Inc. License #475123523

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,457

Lot Details

  • 25 Acre Lot
  • Lot Dimensions are 80x240
  • Property fronts a county road
  • Property is zoned AGRIC

Parking

  • Gravel Driveway

Utilities

  • Central Air
  • Heating System Uses Propane
  • Electricity To Lot Line
  • Private or Community Septic Tank

Additional Features

  • Pole Barn
  • Farm

Property Details

Property Type

Land

Est. Annual Taxes

$2,457

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt, Gravel
  • General Information: None
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural/W Bldg, Commercial, Conditional Use, Recreational, Residential, Single Family
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 80
  • Frontage Type: County Road
  • List Price: 400000
  • OtherStructures: Pole Building
  • Waterfront: No

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating: Propane
  • Utilities: Electric to Site, Septic-Private

Schools

  • Middle/Junior School District: 141

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 25
  • Lot Dimensions: 80X240
  • Zoning: AGRIC
  • Lot Size: 25.0-99.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 2457
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Jun 13, 2024
Sold by
Nusbaumer David A and Nusbaumer Jacqueline
Bought by
Russell Zachary J and Sangston Rachel M
Seller's Agent
David Welter
RE/MAX Top Properties
Buyer's Agent
Jim Maskel
Advantage Realty, Inc.
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Views
141
Current Estimated Value
$374,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,578
Avg. Annual Appreciation
4.62%
Original Mortgage
$280,000
Outstanding Balance
$277,812
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$90,519
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
Russell Zachary J $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Zachary J $280,000
Previous Owner Nusbaumer David A $1,045,031
Previous Owner Nasbaumer David A $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $350,000 -12.5% --
04/26/2024 04/26/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $400,000 -- --
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 $2,525 $34,691 $20,037 $14,654
2023 $2,492 $33,570 $18,916 $14,654
2022 $2,457 $32,551 $17,897 $14,654
2021 $2,415 $31,624 $16,970 $14,654
2020 $2,339 $30,782 $16,128 $14,654
2019 $2,311 $30,016 $15,362 $14,654
2018 $2,274 $29,319 $14,665 $14,654
2017 $2,223 $28,686 $14,032 $14,654
2016 $2,168 $28,111 $13,457 $14,654
2015 $2,161 $27,678 $13,024 $14,654
2012 -- $25,115 $10,461 $14,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12001222

Midwest Real Estate Data (MRED)

APN: 14-20-315000