NOT LISTED FOR SALE

485 Timber Ridge Ln Gorham, IL 62940

Estimated Value: $504,000 - $684,000

3 Beds
3.5 Baths
5,360 Sq Ft
$107/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $490,000 $91 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,070/month

Highlights

  • 15 Acre Lot
  • Wooded Lot
  • Forced Air Heating System
  • Craftsman Architecture
  • 3 Fireplaces

About This Home

As of November 2024

Welcome to the beautiful colonial style home on 15 acres.

Last Agent to Sell the Property

Cindy Quinn-Wood

QUINN REALTY AND PROPERTY MANA License #471021459 Listed on: 10/05/2024

Last Buyer's Agent

Cindy Quinn-Wood

QUINN REALTY AND PROPERTY MANA License #471021459 Listed on: 10/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,786

Year Built

  • Built in 1990

Lot Details

  • 15 Acre Lot
  • Lot Dimensions are 950x687
  • Wooded Lot

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Shingle Roof
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • 5,360 Sq Ft Home
  • 3 Fireplaces
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Carport
  • Gravel Driveway
  • Paved Parking

Schools

  • Murphysboro Elementary School
  • Murphysboro Middle School
  • Murphysboro High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Aerobic Septic System
  • Septic System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 1308200006

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,786

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Architectural Style: Craftsman
  • New Construction: No
  • Special Features: None

Interior Features

  • Basement: Finished, Walk Out
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 3
  • Living Area: 5360
  • KitchenDining: Dining Formal,Dining Informal,Eat-In Kitchen,Island,Pantry

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Frame, Steel Siding, Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Carport, Easement, Gravel, Paved

Utilities

  • Heating: Electric, Propane, Forced Air, Propane Rented, Central Air
  • Water Source: Public, Septic System, Aerator/Aerobic
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Murphysboro
  • High School: Murphysboro
  • Middle Or Junior School: Murphysboro Middle School

Lot Info

  • Lot Size Acres: 15
  • Lot Size: 950X687
  • Parcel #: 1308200006

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11785.74
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2025
Sold by
Mccoy Joshua
Bought by
Reid Linda
Current Estimated Value
$574,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$265,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$309,350
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reid Linda -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Linda $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2024 11/18/24 Sold $490,000 0.0% $91 / Sq Ft
10/05/2024 10/05/24 Pending -- -- --
10/05/2024 10/05/24 For Sale $490,000 +1.0% $91 / Sq Ft
10/24/2022 10/24/22 Sold $485,000 -11.0% $95 / Sq Ft View Prior Sale
08/19/2022 08/19/22 For Sale $545,000 0.0% $107 / Sq Ft
08/19/2022 08/19/22 Price Changed $545,000 -9.0% $107 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $599,000 -7.1% $118 / Sq Ft
06/13/2022 06/13/22 For Sale $645,000 -- $127 / Sq Ft
Source: RMLS Alliance

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 $12,845 $166,173 $8,446 $157,727
2023 $11,786 $147,821 $7,513 $140,308
2022 $7,045 $133,981 $6,810 $127,171
2021 $7,184 $113,684 $6,546 $107,138
2020 $7,479 $115,696 $6,662 $109,034
2019 $7,023 $113,684 $6,546 $107,138
2018 $6,839 $113,684 $6,546 $107,138
2017 $6,808 $113,684 $6,546 $107,138
2016 $6,725 $119,370 $6,547 $112,823
2015 -- $119,370 $6,547 $112,823
2014 -- $119,370 $6,547 $112,823
2012 -- $114,682 $6,547 $108,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB455401

RMLS Alliance

APN: 13-08-200-006