NOT LISTED FOR SALE

516 S Gale Rd Oregon, IL 61061

Estimated Value: $455,000 - $600,000

3 Beds
4 Baths
2,524 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $380,000 $151 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,797/month

97 Days on Market

Highlights

  • Second Kitchen
  • Cape Cod Architecture
  • Water Softener
  • Oregon High School Rated 9+
  • Wooded Lot
  • Forced Air Heating System

About This Home

As of January 2020

New construction home with wrap around porch with a swing overlooking a large yard with open areas and enchanting wooded trails. Striking living room has 18' ceilings, dormers, large windows and glass doors bringing in light and beautiful views. Kitchen has granite countertops, a butlers pantry and large eat in area. First floor laundry room. Walk out basement with the finish started including a bathroom and kitchen. 45 x 30 outbuilding. Modular house on site would make a great she-shed, man cave or office. Master suite on first and second floors. Don't miss the photos on this one!

Last Agent to Sell the Property

Lori Peterson

RE/MAX of Rock Valley License #475177530 Listed on: 07/17/2019

RE/MAX of Rock Valley

Last Buyer's Agent

Lori Peterson

RE/MAX of Rock Valley License #475177530 Listed on: 07/17/2019

RE/MAX of Rock Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,380

Year Built

  • 2017

Lot Details

  • Irregular Lot
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Second Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Water Softener
  • Private or Community Septic Tank

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,380

Year Built

2017

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 1-5 Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 2017
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 22X24, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Oven/Built-in, Water Softener
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level
  • Additional Rooms: 2nd Kitchen
  • Master Bedroom: Dimensions: 16X15, On Level: Main Level
  • Additional Room 1 Name: 2nd Kitchen, Dimensions: 12X9, On Level: Walkout Basement
  • Bedroom 2: Dimensions: 15X12, On Level: Main Level
  • Bedroom 3: Dimensions: 15X28, On Level: 2nd Level
  • Estimated Sq Ft: 2524

Exterior Features

  • Foundation: Concrete
  • Lot Size: 10+ Acres
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 15.76

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 220
  • Junior High Dist: 220

Lot Info

  • Lot Dimensions: 742.15X1187.99X1039.60X721.35
  • Lot Description: Irregular, Wooded
  • Parcel Identification Number: 16064000020000

Tax Info

  • Taxes: 9369.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Brown Helen M
Bought by
Brown Standby Trust
Current Estimated Value
$519,482

Purchase Details

Listed on
Jul 17, 2019
Closed on
Jan 10, 2020
Sold by
Geist Ricky D
Bought by
Brown Desmond J and Brown Helen M
Seller's Agent
Lori Peterson
RE/MAX of Rock Valley
Buyer's Agent
Lori Peterson
RE/MAX of Rock Valley
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$304,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2017
Sold by
Geist Dawn V
Bought by
Giest Ricky D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,300
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 2, 2015
Sold by
Rice Philip M
Bought by
Geist Ricky D and Geist Dawn
Seller's Agent
Matthew Hoffman
Hoffman Realty
Buyer's Agent
Jennie McLaughlin
RE/MAX Hub City
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Rice Philip M and Rice Linda S
Bought by
Rice Philip M and Trust #101

Purchase Details

Closed on
Nov 30, 2007
Sold by
Larson Leslie M and Larson Dolores M
Bought by
Rice Philip M and Rice Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Brown Standby Trust -- None Available
Brown Desmond J $377,000 None Available
Giest Ricky D -- --
Geist Ricky D $235,000 --
Rice Philip M -- Chicago Title Insurance Co
Rice Philip M $264,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Desmond J $304,000
Previous Owner Giest Ricky D $124,300
Previous Owner Rice Philip M $167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2020 01/10/20 Sold $380,000 0.0% $151 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
08/15/2019 08/15/19 Price Changed $380,000 -5.0% $151 / Sq Ft
07/17/2019 07/17/19 For Sale $399,900 +70.2% $158 / Sq Ft
07/02/2015 07/02/15 Sold $235,000 -6.0% $245 / Sq Ft View Prior Sale
06/09/2015 06/09/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $250,000 -- $260 / 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 $12,380 $167,190 $9,059 $158,131
2023 $2,022 $154,348 $6,912 $147,436
2022 $11,782 $143,020 $6,354 $136,666
2021 $11,038 $133,586 $5,882 $127,704
2020 $11,086 $127,725 $5,564 $122,161
2019 $9,946 $115,507 $5,686 $109,821
2018 $9,370 $109,398 $5,389 $104,009
2017 $9,321 $109,333 $5,324 $104,009
2016 $2,683 $30,034 $5,265 $24,769
2015 $2,607 $30,800 $5,212 $25,588
2014 $2,594 $30,763 $5,175 $25,588
2013 -- $31,945 $5,159 $26,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10456673

Midwest Real Estate Data (MRED)

APN: 16-06-400-002