NOT LISTED FOR SALE

49W485 Mcgough Rd Hampshire, IL 60140

Estimated Value: $554,000 - $955,000

3 Beds
3 Baths
2,160 Sq Ft
$346/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $700,000 $324 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,986/month

8 Days on Market

Highlights

  • Horses Allowed On Property
  • Heated Floors
  • Ranch Style House
  • Lily Lake Grade School Rated A-
  • Mature Trees
  • Heated Sun or Florida Room

About This Home

As of April 2021

Price reduction!! Looking for a lifestyle change? Here is a wonderful opportunity to own your own private estate. Country living yet close enough to restaurants, shopping and the I-90 exchange. Opportunity knocks with the potential for a beautiful sprawling equestrian facility. Perhaps you may have interest in a cattle farm, or maybe you have just always dreamed of living self-sustainable? The sky is the limit regarding the potential uses for this property! Especially because you have the gift of a property complete with organic soil. So, pack up your horses, cattle, chicken and goats this is the place for you! Soils include: Fox, Rush, Mayville, Drummer and Peotone. Current farm/barn leases (expires 2/28/2022). Home features boiler/wood heat to keep the utility bills low, Anderson windows, SS appliances, a sunroom off of the living room, a full unfinished basement, and roof was replaced in 2005 (complete tear-off). In addition to the garage 40x36 (200 amp) there are 2 more Morton Barns: 135x54 (100 amp) w/ 54x54 6-inch reinforced concrete slab with grain walls and a 90x39 cattle shed. All barns have new gutters. Homestead area is surrounded by beautiful mature trees including: Black Walnut, Pin Oak, Maple, Red Oak, Burr Oak White Pine and Evergreens. 301 School District. Home is being sold AS-IS. Productivity Index report, NDVI reports and crop history reports available upon request. Brand new in 2020: well pressure tank and water heater.

Last Agent to Sell the Property

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 02/08/2021

Co-Listed By

Camille Gibson

Real Broker, LLC License #475185684

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,629

Year Built

  • 1972

Lot Details

  • Rural Setting
  • Mature Trees
  • Wooded Lot

Parking

  • Detached Garage
  • Garage ceiling height seven feet or more
  • Parking Available
  • Gravel Driveway
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • Heated Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors
  • Laminate

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • 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

$12,629

Year Built

1972

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2160
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1972
  • Tax Exemptions: Homeowner, Senior
  • Rural: Y
  • Total Sq Ft: 2160
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Interior Property Features: Hardwood Floors, Wood Laminate Floors, Heated Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 24X15, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Water-Softener Owned, Ceiling Fan, Sump Pump
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X5, On Level: Main Level, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Other
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Sun/Florida Room Heated, Dimensions: 10X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 2160
  • Estimated Total Finished Sq Ft: 2160
  • Main Level Sq Ft: 2160
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: 10+ Acres
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens, Workshop
  • Acreage: 40

Garage/Parking

  • Number of Cars: 14
  • Parking: Garage, Space/s
  • Number Parking Spaces: 10
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Gravel
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 40
  • Lot Description: Horses Allowed, Wooded, Mature Trees
  • Parcel Identification Number: 0420400001

Tax Info

  • Taxes: 9787.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 18, 2021
Sold by
Whitwell Bruce and Trust No 101
Bought by
Whitewell Farm Llc
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$749,999
Sold Price
$700,000
Premium/Discount to List
-$49,999
-6.67%
Current Estimated Value
$747,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,780
Avg. Annual Appreciation
1.45%
Original Mortgage
$500,500
Outstanding Balance
$450,910
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$296,870

Purchase Details

Closed on
Feb 4, 2003
Sold by
The National Bank & Trust Co Of Sycamore
Bought by
Whitwell Bruce and Trust #101

Purchase Details

Closed on
Sep 17, 2002
Sold by
The National Bank & Trust Co Of Sycamore
Bought by
Whitwell Faith J and Trust #102
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
Whitewell Farm Llc $700,000 Attorney
Whitwell Bruce -- --
Whitwell Faith J -- --
Whitwell Bruce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitewell Farm Llc $500,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $700,000 -6.7% $324 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $749,999 -- $347 / 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 $12,629 $154,726 $44,455 $110,271
2023 $12,437 $143,066 $40,648 $102,418
2022 $11,788 $131,950 $37,075 $94,875
2021 $10,335 $123,851 $34,263 $89,588
2020 $10,053 $118,958 $32,246 $86,712
2019 $9,788 $114,711 $30,458 $84,253
2018 $8,743 $103,202 $28,409 $74,793
2017 $8,439 $98,635 $26,645 $71,990
2016 $8,490 $93,255 $24,752 $68,503
2015 -- $90,519 $23,534 $66,985
2014 -- $97,363 $24,186 $73,177
2013 -- $105,163 $27,938 $77,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10990335

Midwest Real Estate Data (MRED)

APN: 04-20-400-001