NOT LISTED FOR SALE

48W251 Mcgough Rd Hampshire, IL 60140

Estimated Value: $486,000 - $640,532

3 Beds
4 Baths
2,001 Sq Ft
$279/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $665,000 $332 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,889/month

114 Days on Market

Highlights

  • Water Views
  • Horses Allowed On Property
  • Deck
  • Lily Lake Grade School Rated A-
  • Mature Trees
  • Wood Burning Stove

About This Home

As of September 2020

"Stay Home" here next time. Build a cabin, add a generator, stock the freezer and pantry and ride out the next one on this rare homestead. Opportunity to own your own "Forest Preserve" as the current owner describes her private estate. Properties like these do not come on the market often as they tend to stay in families for generations. As you enter the 40 acre estate you will follow the winding driveway past mature trees, manicured ATV, hiking or horse trails, a spacious pole barn and 3/4 acre stocked fishing and swimming pond with aeration to finally arrive at your well planned and designed ADA compatible ranch perfectly situated on the property, as it should be, to take in the breathtaking views of wildlife enjoying the pond and woods that make this a dream opportunity for the next owner. As you pull up next to your home, you will be welcomed by a brick pathway to the front entrance, that is wonderfully landscaped to enjoy the four seasons. Enter the home to explore your light and bright, sun filled happy home perfectly designed with one level living in mind. The living room that greets you overlooks the pond and is warmed by a charming wood burning stove situated to where the dining and kitchen area may also enjoy it's warmth. Plenty of space will be found here with the 3 bedrooms and 2 1/2 baths on the main level. As you venture to the semi-finished lower level you will find a large gathering space, hobby area and 3rd full bathroom, all tastefully done and with plenty of additional storage in the utility room. Surrounding the roughly four acre lot that the home and 24x48 pole barn sits on is another roughly sixteen acres of woodland and twenty acres of prairie land. A private sanctuary like this is meant to be enjoyed with others. Invite your family, friends and business associates out to ride your horses, fish, swim or ice skate on your shared pond, ride your ATV's on the trails, cross country ski or snowmobile. Maybe just relax by the pond and count the stars at night as there are no distracting lights to keep the stars from shining bright. Deer and turkey are common sights to enjoy from both inside and out. Plenty of space to do just about anything you've ever dreamed about doing on your property including camping, raising livestock, gardening, creating a gentleman/hobby farm, working on your fleet of cars or having a place to store your collection of antiques. Don't miss your chance here and, if you need more buildings, there is plenty of room to grow your estate as you make lasting memories and prepare to create your own legacy to leave to your generations. Some properties you just have to see to believe. And this is one of those properties! Taxes reflect additional woods and prairie exemptions. Two 20 acre parcels equal the total 40 acres. Multiple Parcels - Tax amount includes: 0416400001/$8,422.36, 0416400002/$1,128.46

Last Agent to Sell the Property

Randy Schulenburg

Schulenburg Realty, Inc License #471009970 Listed on: 04/14/2020

Last Buyer's Agent

Scott Fedyski

Capital Real Estate Partners License #471019695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,454

Year Built

  • 2004

Lot Details

  • Rural Setting
  • Mature Trees
  • Wooded Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Built-In Features
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Game Room
  • Water Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Fire Pit
  • Separate Outdoor Workshop

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating Available
  • 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

$11,454

Year Built

2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Disability Access: Yes
  • Disability Access Details: 36 inch or more wide halls, Chairlift, Main Level Entry
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2004
  • Tax Exemptions: Homeowner, Senior
  • Rural: Y
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Built-in Features
  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X12, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning, Wood Burning Stove
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X10, On Level: Main Level
  • Dining Room: Dimensions: 12X14, On Level: Main Level
  • Kitchen Type: Dimensions: 21X24, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Walk-in
  • Additional Rooms: Game Room
  • Master Bedroom: Dimensions: 15X13, On Level: Main Level
  • Additional Room 1 Name: Game Rm, Dimensions: 12X40, On Level: Basement
  • Bedroom 2: Dimensions: 14X13, On Level: Main Level
  • Bedroom 3: Dimensions: 11X12, On Level: Main Level
  • Estimated Sq Ft: 2001
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X16, On Level: Basement

Exterior Features

  • Lot Size: 10+ Acres
  • Exterior Building Type: Wood Siding
  • Waterfront: Yes
  • Exterior Property Features: Deck, Patio, Fire Pit, Workshop
  • Acreage: 40

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Electric

Schools

  • School District: 301
  • Middle School: Central Middle School
  • High School: Central High School
  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 40
  • Lot Description: Horses Allowed, Pond, Water View, Wooded, Mature Trees
  • Parcel Identification Number: 0416400001

Tax Info

  • Taxes: 9550.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Sep 21, 2020
Sold by
Patterson Karen J and Karen J Mcdonald Trust No 1
Bought by
Chicago Title Land Trust Company and Trust Number 8002384027
Seller's Agent
Randy Schulenburg
Schulenburg Realty, Inc
Buyer's Agent
Scott Fedyski
Capital Real Estate Partners
List Price
$700,000
Sold Price
$665,000
Premium/Discount to List
-$35,000
-5%
Current Estimated Value
$557,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,156
Avg. Annual Appreciation
-3.39%

Purchase Details

Closed on
May 15, 2001
Sold by
Mcdonald Karen J
Bought by
Mcdonald Karen J and Karen J Mcdonald Trust #1
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
Chicago Title Land Trust Company $665,000 Chicago Title Insurance Co
Mcdonald Karen J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2020 09/22/20 Sold $665,000 -1.5% $332 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $675,000 -3.6% $337 / Sq Ft
04/14/2020 04/14/20 For Sale $700,000 -- $350 / 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 $11,454 $148,548 $52,379 $96,169
2023 $11,156 $136,536 $48,129 $88,407
2022 $10,614 $125,008 $44,057 $80,951
2021 $10,137 $116,902 $41,176 $75,726
2020 $9,429 $112,451 $39,567 $72,884
2019 $9,196 $108,643 $38,190 $70,453
2018 $8,422 $100,026 $36,146 $63,880
2017 $8,598 $100,501 $39,518 $60,983
2016 $8,602 $94,537 $37,157 $57,380
2015 -- $86,835 $36,097 $50,738
2014 -- $89,223 $37,899 $51,324
2013 -- $100,260 $32,757 $67,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10655098

Midwest Real Estate Data (MRED)

APN: 04-16-400-001