NOT LISTED FOR SALE

4351 McDonald Rd Elgin, IL 60124

Estimated Value: $622,000 - $728,157

4 Beds
6 Baths
-- Sq Ft
27.73 Acres

Last Sold December 10, 2021

Last sale price $1,610,000

Current estimated payment $4,757/month

970 Days on Market

Highlights

  • Multiple Garages
  • Family Room with Fireplace
  • 1-Story Property
  • Howard B. Thomas Grade School Rated 9+
  • Formal Dining Room
  • Garage

About This Home

As of December 2021

Rolling Oaks equestrian facility in a prime area of the Fox Valley. 2 beautiful homes, one a vintage Farmhouse & the other a custom ranch home, with a walkout basement & gorgeous views of the barns, pasture & paddocks. 1st home is a Sears home & in excellent condition. Three-car detached garage goes with this home. 2nd home has a three-car heated attached garage. Facility was/is being run for training, breeding & breaking horses. 43 stalls, numerous foaling stalls, run in sheds, tack rooms, 72'x144' mirrored indoor arena. Excellent turnout, pastures & equipment storage. Newer mechanicals, 3 wells, farm equipment available for sale. Property backs to forest preserve land & location would be a great place for custom homes. Configuration includes 4 pin numbers 053530027/29/32/33 for a total of 27.73 acres. See map in additional info for details. Call listing agent w/questions regarding acreage. Easement will be developed for access to back acreage & barn. Additional acreage & barn available "AGENTS AND/OR PROSPECTIVE BUYERS EXPOSED TO COVID 19 OR WITH A COUGH OR FEVER ARE NOT TO ENTER THE HOME UNTIL THEY RECEIVE MEDICAL CLEARANCE."

Last Agent to Sell the Property

Valerie Walker

Keller Williams Inspire - Geneva License #475122292 Listed on: 01/10/2019

Keller Williams Inspire - Geneva

Co-Listed By

Paul Tomaszewski

Keller Williams Inspire - Geneva License #475138156

Last Buyer's Agent

Jennifer Carroll

Charles Rutenberg Realty of IL License #475141201

Charles Rutenberg Realty of IL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,533

Year Built

  • 1985

Lot Details

  • 27.73

Parking

  • Garage
  • Multiple Garages
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • Dual Sinks
  • 1-Story Property
  • Family Room with Fireplace
  • Formal Dining Room

Finished Basement

  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,533

Year Built

1985

Lot Details

0

Parking

6

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Walk-Out Ranch
  • Co List Office Mls Id: MRD546
  • Co List Office Phone: (630) 262-9500
  • Directions: Randall Rd to McDonald, west to prop or Rt 47 to McDonald east to PIQ. Corner Corron & McDonald
  • Lot Size: 27.73
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1985

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Has Basement: Walkout
  • Fireplace Features: Double Sided, Wood Burning, Attached Fireplace Doors/Screen, Gas Starter, Includes Accessories
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Basement,Other
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Full Bath
  • Dining Room Type: Den, Great Room, Bonus Room, Kitchen, Heated Sun Room

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Box Stalls
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Cedar,Stone
  • Lot Features: Corner Lot, Forest Preserve Adjacent, Horses Allowed, Paddock, Wooded
  • Other Structures: Second Residence, Barn(s), Other
  • Waterfront: No

Garage/Parking

  • Number of Cars: 6
  • Driveway: Asphalt,Gravel
  • Garage Details: Garage Door Opener(s),Heated,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage
  • Garage Spaces: 6

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Propane, Forced Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Sewer: Septic-Private
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Horse-Riding Area, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 301

Lot Info

  • Lot Size: 10+ Acres
  • Special Assessments: N
  • Additional Parcels: Yes

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 25507.54
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
White Thorn Hay Llc
Bought by
Wayne Equestrian Center Llc
Current Estimated Value
$674,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Outstanding Balance
$1,109,366
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
-$435,314

Purchase Details

Listed on
Jan 10, 2019
Closed on
Dec 17, 2021
Sold by
Rolling Oaks Farm Llc
Bought by
White Thorn Hay Llc
Seller's Agent
Valerie Walker
Keller Williams Inspire - Geneva
Buyer's Agent
Jennifer Carroll
Charles Rutenberg Realty of IL
List Price
$1,790,000
Sold Price
$1,610,000
Premium/Discount to List
-$180,000
-10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.10%

Purchase Details

Listed on
Jan 10, 2019
Closed on
Dec 16, 2021
Sold by
The State Bank Of Geneva
Bought by
Rolling Oaks Farm Llc
Seller's Agent
Valerie Walker
Keller Williams Inspire - Geneva
Buyer's Agent
Jennifer Carroll
Charles Rutenberg Realty of IL
List Price
$1,790,000
Sold Price
$1,610,000
Premium/Discount to List
-$180,000
-10.06%

Purchase Details

Listed on
Jan 10, 2019
Closed on
Nov 24, 2021
Sold by
The State Bank Of Geneva
Bought by
Rolling Oaks Farm Llc
Seller's Agent
Valerie Walker
Keller Williams Inspire - Geneva
Buyer's Agent
Jennifer Carroll
Charles Rutenberg Realty of IL
List Price
$1,790,000
Sold Price
$1,610,000
Premium/Discount to List
-$180,000
-10.06%

Purchase Details

Closed on
Dec 9, 2020
Sold by
Cornelison Stanley L and Cornelison Nancy L
Bought by
Rolling Oaks Farm Llc

Purchase Details

Closed on
Dec 4, 1998
Sold by
Cornelison Stanley L and Cornelison Mona L
Bought by
Cornelison Mona L
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
Wayne Equestrian Center Llc $1,700,000 Chicago Title
White Thorn Hay Llc $1,610,000 Proper Title Llc
Rolling Oaks Farm Llc -- Proper Title
Rolling Oaks Farm Llc -- Proper Title Llc
Rolling Oaks Farm Llc -- None Listed On Document
Cornelison Mona L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wayne Equestrian Center Llc $1,190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $1,610,000 -10.1% --
09/06/2021 09/06/21 Pending -- -- --
05/08/2020 05/08/20 For Sale $1,790,000 +11.2% --
04/02/2020 04/02/20 Off Market $1,610,000 -- --
06/13/2019 06/13/19 Price Changed $1,790,000 -8.2% --
01/10/2019 01/10/19 For Sale $1,950,000 -- --
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 $14,533 $170,885 $28,620 $142,265
2023 $14,104 $154,566 $25,878 $128,688
2022 $13,160 $140,856 $23,921 $116,935
2021 $11,646 $130,641 $23,051 $107,590
2020 $11,634 $128,228 $22,572 $105,656
2019 $11,726 $126,508 $22,218 $104,290
2018 $11,426 $122,581 $23,257 $99,324
2017 $11,347 $119,522 $22,621 $96,901
2016 $12,104 $117,975 $22,043 $95,932
2015 -- $112,255 $19,989 $92,266
2014 -- $112,221 $19,955 $92,266
2013 -- $114,107 $20,264 $93,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10169883

Midwest Real Estate Data (MRED)

APN: 05-35-300-032