NOT LISTED FOR SALE

3883 E 2603rd Rd Sheridan, IL 60551

Estimated Value: $252,574 - $280,000

4 Beds
1.5 Baths
1,334 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $235,000 $176 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,750/month

495 Days on Market

Highlights

  • Barn
  • Mature Trees
  • Screened Porch
  • Waterfront
  • Stream or River on Lot
  • 2 Car Detached Garage

About This Home

As of January 2024

Major price reduction on this amazing country retreat! 4-bedroom home on 3.25 acres with natural stream and wooded areas. Horses, chickens and other domestic animals welcome! All buildings newly painted! Property includes 28x20 barn and additional outbuildings (five total). Detached 2-car garage. Room to spread out, bring all your toys, ATVs, etc. First time on the market! Property being sold As-Is and is eligible for a USDA Rural Development Guaranteed Mortgage.

Last Listed By

David Bieschke

Enhance Home Real Estate License #471021562 Listed on: 07/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1963

Lot Details

  • 3.25 Acre Lot
  • Waterfront
  • Mature Trees
  • Wooded Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Shared Driveway
  • Parking Space is Owned

Home Design

  • Wood Siding

Interior Spaces

  • 1,334 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Screened Porch
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Shed
  • Outbuilding

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1963
  • Age: 51-60 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1334
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1334
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch Screened
  • List Price: 240000
  • Lot Features: Stream(s), Wooded, Mature Trees
  • OtherStructures: Barn(s), Outbuilding, Shed(s)
  • Waterfront: Yes
  • Exterior Building Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Shared
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 2

Lot Info

  • Additional Parcels Description: 1021136000
  • Additional Parcels: Yes
  • Lot Size Acres: 3.25
  • Lot Dimensions: 3.25
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2070.46
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Jan 2, 2024
Sold by
Delay Carl and Delay Gary Ray
Bought by
Rodriguez Karen
Seller's Agent
David Bieschke
Enhance Home Real Estate
Buyer's Agent
David Bieschke
Enhance Home Real Estate
List Price
$295,000
Sold Price
$235,000
Premium/Discount to List
-$60,000
-20.34%
Total Days on Market
495
Views
636
Current Estimated Value
$262,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,644
Avg. Annual Appreciation
8.86%
Original Mortgage
$223,250
Outstanding Balance
$220,648
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$41,996

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
Rodriguez Karen $235,000 Wheatland Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Karen $223,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $235,000 -2.1% $176 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $240,000 -4.0% $180 / Sq Ft
08/30/2023 08/30/23 Price Changed $250,000 -15.3% $187 / Sq Ft
08/02/2023 08/02/23 For Sale $295,000 +25.5% $221 / Sq Ft
07/19/2023 07/19/23 Off Market $235,000 -- --
05/02/2023 05/02/23 Price Changed $295,000 -9.2% $221 / Sq Ft
07/20/2022 07/20/22 For Sale $325,000 -- $244 / 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
2023 $3,523 $49,531 $10,827 $38,704
2022 $2,456 $33,027 $10,486 $22,541
2021 $1,512 $30,942 $9,824 $21,118
2020 $1,421 $29,821 $9,468 $20,353
2019 $657 $28,658 $9,099 $19,559
2018 $668 $27,172 $8,627 $18,545
2017 $668 $25,502 $8,097 $17,405
2016 $669 $25,540 $8,109 $17,431
2015 $348 $26,374 $8,374 $18,000
2012 -- $26,916 $8,546 $18,370
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

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Midwest Real Estate Data (MRED)

APN: 10-21-107000