NOT LISTED FOR SALE

Estimated Value: $71,899 - $401,000

1.65 Acres
$152,303 Price per Acre
71,874 Sq Ft Lot

Sale Details

Date Sold: September 20, 2024

Last sale price $70,000

Est. 259% increase in value since last sale

Current estimated payment $1,470 / mo

139 Days on Market

About This Lot

As of September 2024

Looking for buyers to build their dream home. This 1.63 acre lot is located in Timber Ridge Subdivision! 10 minutes from Woodman, 15 minutes from Algonquin Commons, 5 minutes from I90, Lake Street and Sherman Hospital. Desirable Hampshire Schools with high ratings, school district 300. Listing Broker has a follow up package with soil testing for structural and septic, topography map from County. Lot is large enough to handle any size ranch or two story and is graded for look-out and walk-out. Any questions about out buildings or other structures are stated in the covenants (by laws and declaration). Berm can be built along Big Timber Road. Just minutes to Randall Rd- I-90- Metra Trains. Subdivision has a County lot feel and there are many ponds within Timber Ridge. Owner had looked into building and had engineering and field study done already, which owner would be willing to offer to new buyer. This is an unincorporated lot that will require septic and well. This parcel offers many building options, and listing broker can offer a variety of custom home builders that would suit the style a potential buyer would like to build. Call today for additional details.

Last Agent to Sell the Property

Tim Sotis

RE/MAX All Pro License #471008033 Listed on: 04/03/2024

RE/MAX All Pro

Last Buyer's Agent

Tim Sotis

RE/MAX All Pro License #471008033 Listed on: 04/03/2024

RE/MAX All Pro

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,007

Lot Details

  • 1.65 Acre Lot
  • Lot Dimensions are 192.5 x 416.9 x 149 x 424.4
  • Property is zoned SINGL

Schools

  • Gary Wright Elementary School
  • Hampshire Middle School
  • Hampshire High School

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Well Required
  • Septic Needed

Community Details

  • Timber Ridge Subdivision
  • No Laundry Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$3,007

Lot Details

1.65 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Platted, Estate
  • Road Surface Type: Asphalt
  • Subdivision Name: Timber Ridge
  • General Information: School Bus Service
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: Township Road, Paved
  • Waterfront: No

Utilities

  • Laundry Features: None
  • Utilities: Electric to Site, Gas to Site, Septic System Required, Well-Required

Schools

  • Elementary School: Gary Wright Elementary School
  • High School: Hampshire High School
  • Middle/Junior School: Hampshire Middle School

Lot Info

  • Lot Size Acres: 1.65
  • Lot Dimensions: 192.5 X 416.9 X 149 X 424.4
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Subdivision Lot Number: 10

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 3007.44
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Sep 28, 2024
Sold by
Migala Kyle J
Bought by
Figueroa Scott and Figueroa Amanda
Seller's Agent
Tim Sotis
RE/MAX All Pro
Buyer's Agent
Tim Sotis
RE/MAX All Pro
List Price
$125,000
Sold Price
$70,000
Premium/Discount to List
-$55,000
-44%
Views
134
Current Estimated Value
$251,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,300
Avg. Annual Appreciation
120.12%

Purchase Details

Closed on
Oct 29, 2021
Sold by
Jones Russell L and Jones Cynthia A
Bought by
Migala Kyle
Source: Public Records
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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
Figueroa Scott $70,000 First American Title
Migala Kyle $65,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $70,000 -12.4% --
08/21/2024 08/21/24 Pending -- -- --
07/27/2024 07/27/24 Price Changed $79,900 -11.1% --
06/12/2024 06/12/24 Price Changed $89,900 -10.0% --
04/22/2024 04/22/24 Price Changed $99,900 -20.1% --
04/03/2024 04/03/24 For Sale $125,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $1,650 $25,984 $25,984 --
2023 $1,593 $23,498 $23,498 --
2022 $1,504 $21,665 $21,665 $0
2021 $2,670 $37,049 $37,049 $0
2020 $2,630 $36,103 $36,103 $0
2019 $2,580 $34,651 $34,651 $0
2018 $2,512 $32,521 $32,521 $0
2017 $2,456 $30,969 $30,969 $0
2016 $2,458 $29,483 $29,483 $0
2015 -- $27,846 $27,846 $0
2014 -- $27,846 $27,846 $0
2013 -- $28,356 $28,356 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12015865

Midwest Real Estate Data (MRED)

APN: 02-35-202-006

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