NOT LISTED FOR SALE

3238 W Lily Creek Rd Freeport, IL 61032

Estimated Value: $319,000 - $622,913

-- Bed
0.5 Bath
20,900 Sq Ft
$23/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $547,000 $26 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,283/month

166 Days on Market

Highlights

  • 56.85 Acre Lot
  • Baseboard Heating
  • Farm
  • 6 Acres of Pasture

About This Home

As of February 2024

REDUCED! 56.85 acres located on the West edge of Freeport. Property offers about 50 tillable acres with a 50' x 72' building with10 box stalls plus feed and tack room. A 73' x 192' building with an over 13000 sq. ft. riding arena, office space &living area in the upper level. A 40' x 80' pole shed for machinery & hay storage. Board horses, riding lessons, use the riding arena for competitions or utilize the buildings for your business. There is access from business 20. Property is a prime candidate for future development. Possibilities are endless for this property.

Last Agent to Sell the Property

Mike Mahoney

JIM SULLIVAN REALTY License #471.020030 Listed on: 06/12/2023

Last Buyer's Agent

Mike Mahoney

JIM SULLIVAN REALTY License #471.020030 Listed on: 06/12/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,730

Year Built

  • Built in 1980

Lot Details

  • 56.85 Acre Lot
  • Property fronts a county road

Parking

  • Gravel Driveway

Home Design

  • 20,900 Sq Ft Home
  • Farm
  • Shingle Roof
  • Metal Roof
  • Metal Siding

Schools

  • Freeport Elementary School
  • Freeport Jr High Middle School
  • Freeport High School

Farming

  • 6 Acres of Pasture
  • Agricultural

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • 0.5 Bathroom
  • Outbuilding

Property Details

Property Type

Other

Est. Annual Taxes

$9,730

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Road Frontage: County/City Road
  • Type: Agriculture
  • Electric: Circuit Breaker
  • Class: FARM
  • Estimated Below Grade Finished Sq Ft: 20900
  • General Features: Out Building(s)
  • Grid: Stephenson County
  • Legal Description: PT NE1/4 SEC 27-27-7
  • Number of Main Level Half Bathrooms: 1
  • Type: Farm
  • Appliances That Stay or Are Included: None
  • Buildable Land: Yes
  • Agent Only_ L A1 User Code: F_147
  • Elementary School: Freeport
  • Estimated Total Finished Sq Ft: 20900
  • Garage Type Driveway: Gravel, None
  • Hold Earnest Money Y N: No
  • Pertinent Facts: REDUCED! 56.85 acres located on the West edge of Freeport. Property offers about 50 tillable acres with a 50' x 72' building with10 box stalls plus feed and tack room. A 73' x 192' building with an over 13000 sq. ft. riding arena, office space &living area in the upper level. A 40' x 80' pole shed for machinery & hay storage. Board horses, riding lessons, use the riding arena for competitions or utilize the buildings for your business. There is access from business 20. Property is a prime candidate for future development. Possibilities are endless for this property.
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478012972
  • S O1 Brokerage Number: 478012972
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Half Bathrooms: 1
  • Price Per Sq Ft: 26.17
  • Total Bathrooms: 0.5

Exterior Features

  • Exterior: Metal
  • Roof: Shingle, Metal

Utilities

  • Cooling: Wall Unit
  • Heating: Baseboard, Electric
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Freeport 145
  • Elementary School: Freeport
  • Middle School: Freeport Jr High
  • High School: Freeport High

Lot Info

  • Number Of Acres: 56.85
  • Pasture Acres: 6
  • Tillable Acres: 50

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2022
  • Taxes: 9730

MLS Schools

  • HighSchool: Freeport High
  • School District: Freeport 145
  • Middle School: Freeport Jr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Feb 14, 2024
Sold by
Cml Horses Llc
Bought by
Handsaker Paul and Handsaker Dianne
Seller's Agent
Mike Mahoney
JIM SULLIVAN REALTY
Buyer's Agent
Mike Mahoney
JIM SULLIVAN REALTY
List Price
$829,000
Sold Price
$547,000
Premium/Discount to List
-$282,000
-34.02%
Views
122
Current Estimated Value
$470,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,043
Avg. Annual Appreciation
-7.39%

Purchase Details

Closed on
Mar 31, 2010
Source: Public Records

Range of Values:

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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
Handsaker Paul $564,000 --
-- $355,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $547,000 -24.6% $26 / Sq Ft
11/25/2023 11/25/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $725,120 -12.5% $35 / Sq Ft
06/12/2023 06/12/23 For Sale $829,000 -- $40 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $9,433 $96,435 $31,490 $64,945
2023 $9,633 $93,983 $29,240 $64,743
2022 $9,730 $89,497 $25,252 $64,245
2021 $9,909 $89,497 $25,252 $64,245
2020 $10,026 $87,893 $23,648 $64,245
2019 $9,944 $86,277 $22,133 $64,144
2018 $9,782 $84,872 $20,778 $64,094
2017 $9,622 $83,654 $19,560 $64,094
2016 $9,238 $81,418 $18,453 $62,965
2015 $9,045 $80,308 $17,414 $62,894
2013 $8,162 $78,710 $15,581 $63,129
Source: Public Records

Agents Affiliated with this Home

  • Mike Mahoney

    Seller's Agent in 2024

    Mike Mahoney

    JIM SULLIVAN REALTY

    (815) 266-1129

    139 Total Sales

    Mike Mahoney
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202303181

NorthWest Illinois Alliance of REALTORS®

APN: 08-13-27-200-023

Illinois Stephenson County Freeport 61032

3238 W Lily Creek Rd, Freeport, IL

This home is located at 3238 W Lily Creek Rd, Freeport, IL 61032 since 12 June 2023 and is currently estimated at $470,957, approximately $22 per square foot. This property was built in 1980. 3238 W Lily Creek Rd is a home located in Stephenson County with nearby schools including Freeport High School, Open Bible Learning Center, and Immanuel Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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