NOT LISTED FOR SALE

4506 Thorne Rd Marengo, IL 60152

Estimated Value: $454,000 - $524,000

3 Beds
3 Baths
1,200 Sq Ft
$418/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $292,000 $243 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,287/month

146 Days on Market

Highlights

  • Horses Allowed On Property
  • Ranch Style House
  • Wet Bar
  • Wooded Lot
  • Attached Garage
  • Breakfast Bar

About This Home

As of January 2019

5 ACRE FARMETTE LOCATED IN A QUIET SETTING! TONS OF FRUIT TREES! YOUR GOING TO LOVE ALL THE NEWER UPDATES LIKE THE UPDATED KITCHEN & BATHS. FINISHED BASEMENT W/ LOTS OF STORAGE, FULL BATH & A WET BAR. CUSTOM BUILT BARN W/ LARGE LOFT AREA CAN BE USED FOR STORAGE OR WORK SHOP. RELAX ON YOUR DECK AND WATCH THE BIRDS AND WILDLIFE! HORSES ARE WELCOME HERE!!!! COME SEE, THIS WON'T LAST LONG!

Last Agent to Sell the Property

Ben Broughton

RE/MAX Connections II License #471018891 Listed on: 07/24/2018

RE/MAX Connections II

Last Buyer's Agent

Robyn Lynn Agrifoglio

Berkshire Hathaway HomeServices Starck Real Estate License #475165640

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,932

Year Built

  • 1978

Lot Details

  • 5.1

Parking

  • Attached Garage
  • Gravel Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • Wet Bar
  • Storage Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Well
  • Private or Community Septic Tank

Additional Features

  • Wooded Lot
  • Horses Allowed On Property

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,932

Year Built

1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1700
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1978
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Interior Property Features: Bar-Wet, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 11X5, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 12X19, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Storage
  • Master Bedroom: Dimensions: 12X15, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Storage, Dimensions: 12X14, On Level: Basement
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 9X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1200
  • Estimated Total Finished Sq Ft: 3200
  • Basement Sq Ft: 1700
  • Basement Finished Sq Ft: 1500
  • Main Level Sq Ft: 1700
  • Family Room: Dimensions: 24X30, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: 5.0-5.99 Acres
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 5.1

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Gravel
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Electric, Radiant

Condo/Co-op/Association

  • Assessed Sq Ft: 1700

Schools

  • Junior High Dist: 165

Lot Info

  • Lot Dimensions: 328X506X399X548
  • Lot Description: Horses Allowed, Wooded
  • Parcel Identification Number: 1128100016

Tax Info

  • Taxes: 6583.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Jan 11, 2019
Sold by
Gatto Michael F and Gatto Lisa M
Bought by
Rice Paul M and Rice Emily J
Seller's Agent
Ben Broughton
RE/MAX Connections II
Buyer's Agent
Robyn Lynn Agrifoglio
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$309,900
Sold Price
$292,000
Premium/Discount to List
-$17,900
-5.78%
Current Estimated Value
$501,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,668
Avg. Annual Appreciation
8.31%
Original Mortgage
$233,600
Outstanding Balance
$203,895
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$297,773

Purchase Details

Closed on
Oct 1, 2015
Sold by
Gatto Michael F and Noe Lisa M
Bought by
Gatto Michael F and Gatto Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2008
Sold by
Benecke Harold E
Bought by
Gatto Michael F and Noe Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Rice Paul M $292,000 Attorneys Title Guaranty Fun
Gatto Michael F -- Fidelity National Title
Gatto Michael F $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Paul M $233,600
Previous Owner Gatto Michael F $216,000
Previous Owner Gatto Michael F $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $292,000 -2.0% $243 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $298,000 -0.7% $248 / Sq Ft
08/22/2018 08/22/18 Price Changed $300,000 -3.2% $250 / Sq Ft
07/24/2018 07/24/18 For Sale $309,900 -- $258 / 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
2024 $7,932 $133,278 $55,704 $77,574
2023 $7,644 $117,487 $49,104 $68,383
2022 $7,462 $106,246 $44,406 $61,840
2021 $7,010 $96,807 $40,461 $56,346
2020 $6,878 $92,127 $38,505 $53,622
2019 $7,313 $87,291 $36,484 $50,807
2018 $6,813 $81,764 $34,174 $47,590
2017 $6,584 $77,450 $32,371 $45,079
2016 $6,378 $72,363 $30,245 $42,118
2013 -- $70,799 $29,591 $41,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10028769

Midwest Real Estate Data (MRED)

APN: 11-28-100-016