NOT LISTED FOR SALE

3804 Meadow Ln Highland, IL 62249

Estimated Value: $341,000 - $367,000

0.78 Acre
$448,904 Price per Acre
33,977 Sq Ft Lot

Last Sold May 01, 2018

Last sale price $25,000

Est. 1,301% increase in value since last sale

Current estimated payment $2,242/month

825 Days on Market

About This Lot

As of May 2018

Silver Lake View Lot #12.

Last Agent to Sell the Property

William Kealey

Equity Realty Group, LLC License #475131954 Listed on: 01/12/2016

Last Buyer's Agent

Mary Lou Summy

RE/MAX Alliance License #475135282

RE/MAX Alliance

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,315

Lot Details

  • 0.78 Acre Lot
  • Property is zoned Rural Residential

Schools

  • Highland Dist 5 Elementary And Middle School
  • Highland School

Utilities

  • Electricity To Lot Line
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-2-18-17-03-301-012

Property Details

Property Type

Land

Est. Annual Taxes

$3,315

Lot Details

0

Listing Details

  • Property Type: Residential Lots
  • Municipality Township: Highland
  • Ad Code: H15883
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Water: Public
  • Cable Available: Yes
  • Utilities On-site: Electric

Schools

  • School District: Highland DIST 5
  • Elementary School: HIGHLAND DIST 5
  • Middle School: HIGHLAND DIST 5
  • High School: Highland
  • Elementary School: HIGHLAND DIST 5
  • Junior High School: HIGHLAND DIST 5
  • School District: Highland DIST 5
  • Senior High School: Highland

Lot Info

  • Lot Dimensions: 0.78 Acres
  • Lot Number: 12
  • Acres: 0.7800
  • Zoning: Rural Residential
  • Section: 17/02

Tax Info

  • Assessor Parcel Number: 02-2-18-17-03-301-012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Apr 30, 2018
Sold by
Ullman Robert O and Ullman Richard P
Bought by
Ullman Robert O and Ullman Richard P
Seller's Agent
William Kealey
Equity Realty Group, LLC
Buyer's Agent
Mary Lou Summy
RE/MAX Alliance
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%
Total Days on Market
825
Current Estimated Value
$350,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,145
Avg. Annual Appreciation
45.18%

Purchase Details

Closed on
Jan 5, 2018
Sold by
James R Rankin Sr Trust
Bought by
Allison Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2004
Sold by
Rankin James R and Rankin Darrell W
Bought by
Rankin James R and Rankin Darrell W
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
Ullman Robert O $25,000 Community Title
Allison Mary C $25,000 Community Title
Rankin James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allison Mary C $49,000
Closed Allison Mary C $195,500
Previous Owner Allison Mary C $70,000
Previous Owner Rankin James R $815,000
Previous Owner Rankin James R $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $25,000 -16.7% --
04/16/2018 04/16/18 Pending -- -- --
02/26/2018 02/26/18 Price Changed $30,000 -25.0% --
01/12/2016 01/12/16 For Sale $40,000 -- --
Source: MARIS MLS

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
2023 $3,315 $95,080 $11,100 $83,980
2022 $3,315 $87,810 $10,250 $77,560
2021 $1,709 $79,650 $9,330 $70,320
2020 $3,475 $76,640 $8,980 $67,660
2019 $3,987 $64,900 $8,950 $55,950
2018 $17 $240 $240 $0
2017 $16 $240 $240 $0
2016 $17 $240 $240 $0
2015 $16 $240 $240 $0
2014 $16 $240 $240 $0
2013 $16 $240 $240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS4500351

MARIS MLS

APN: 02-2-18-17-03-301-012