NOT LISTED FOR SALE

5401 Loop Rd Dorsey, IL 62021

Estimated Value: $191,163 - $230,000

3 Beds
5 Baths
6,019 Sq Ft
$35/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $628,000 $104 Per Sq Ft

Current estimated payment $1,200/month

290 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Deck
  • Lincoln Middle School Rated A-
  • 20 Acre Lot
  • Dining Room with Fireplace

About This Home

As of March 2021

This is not a drive-by! At first glance,this home appears to be a modest ranch when in reality it hosts just over 6000 sq ft. Situated at the end of a long private asphalt drive this exclusive retreat offers countless features. The original home was built in 1988 but went through an extensive remodel when the addition was built in 2012. Arrive at the circle drive and enter the home through the formal dining room that includes a fireplace. When you step into the kitchen you are sure to be surprised with the open concept, custom kitchen cabinetry, natural light, mahogany wood floors, gas fireplace, balcony, & beautiful staircase. Just off the kitchen is a cozy sitting room with lots of windows and serves as a great place for morning coffee. The main floor master suite is just that. The fabulous lower level offers grand amenities and the setting outside is picture perfect, including a fully stocked pond & much more. Designed with elegance and luxury in mind,this space will not disappoint.

Last Agent to Sell the Property

Travis Tarrant

Tarrant and Harman Real Estate and Auction Co License #471016673 Listed on: 05/22/2020

Tarrant and Harman Real Estate and Auction Co

Co-Listed By

Mark Harman

Tarrant and Harman Real Estate and Auction Co License #471015081

Last Buyer's Agent

Cindy Russell

Tarrant and Harman Real Estate and Auction Co License #475176568

Tarrant and Harman Real Estate and Auction Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $369

Year Built

  • Built in 1988

Lot Details

  • 20 Acre Lot

Parking

  • 3 Car Detached Garage
  • 1 Carport Space

Home Design

  • Brick or Stone Mason
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Home Theater
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Pole Barn

Schools

  • Edwardsville Dist 7 Elementary And Middle School
  • Edwardsville High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 16-1-03-08-00-000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$369

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Multi-Level
  • Special Areas: Family Room, Living Room, Media Room, Wine Cellar
  • Special Description: Owner Occupied
  • Age: 33
  • Ownership: Private
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Fireplace Location: Dining Room, Family Room, Living Room
  • Fireplace Type: Gas, Woodburning Fireplce
  • Lower Level Bedrooms: 1
  • Lower Full Bathrooms: 2
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 3
  • Misc Features: Deck, Patio
  • Total Living Area: 6019.00
  • Appliances: Dryer, Microwave, Range/Oven-Gas, Refrigerator, Washer
  • Bathrooms: 5.00
  • Bedrooms: 3.00
  • Room Cnt: 17
  • Square Footage: 3134
  • Square Footage Below Grade: 2885
  • Total Full Baths: 5
  • Number Fireplaces: 4

Exterior Features

  • Construction: Brick/Stone Msn Pred, Vinyl Siding

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 3
  • Parking: Covered, Detached

Utilities

  • Sewer: Septic
  • Water: Public
  • Water Heater: Electric, Propane
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Edwardsville DIST 7
  • Elementary School: EDWARDSVILLE DIST 7
  • Middle School: EDWARDSVILLE DIST 7
  • High School: Edwardsville
  • Elementary School: EDWARDSVILLE DIST 7
  • Junior High School: EDWARDSVILLE DIST 7
  • School District: Edwardsville DIST 7
  • Senior High School: Edwardsville

Lot Info

  • Lot Dimensions: 20
  • Lot Sq Ft: 871200
  • Acres: 20.0000

Building Info

  • Buildings: Garage(s), Pole Barn(s)

Tax Info

  • Taxes Paid: 9647
  • Taxes Paid Year: 2018
  • Assessor Parcel Number: 16-1-03-08-00-000-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Kannel Philip D and Kennel Debra J
Bought by
Potje Richard G and Potje Nancy A
Current Estimated Value
$210,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$141,830
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$96,462

Purchase Details

Closed on
Oct 8, 2021
Sold by
Kannel Philip D and Kannel Debra
Bought by
Fuller David A and Fuller Brittne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2020
Closed on
Mar 12, 2021
Sold by
Kannel Philip D and Kannel Debra J
Bought by
Potje Richard G and Potje Nancy A
Seller's Agent
Travis Tarrant
Tarrant and Harman Real Estate and Auction Co
Buyer's Agent
Cindy Russell
Tarrant and Harman Real Estate and Auction Co
List Price
$675,000
Sold Price
$628,000
Premium/Discount to List
-$47,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.18%
Original Mortgage
$502,400
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2009
Sold by
Kannel Philip D
Bought by
Citizens National Bank and Trust #1359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2009
Sold by
Citizens National Bank
Bought by
Kannel Philip D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Kannel Philip D
Bought by
Citizens National Bank and Trust #1359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 3, 2003
Sold by
Citizens National Bank Of Macomb
Bought by
Kannel Philip D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving
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
Potje Richard G $185,000 Serenity Title & Escrow
Fuller David A $95,000 Serenity Title & Escrow
Potje Richard G $628,000 Serenity Title & Escrow
Citizens National Bank -- Community Title & Escrow Ltd
Kannel Philip D -- Community Title
Citizens National Bank -- --
Kannel Philip D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potje Richard G $148,000
Previous Owner Fuller David A $76,000
Previous Owner Potje Richard G $502,400
Previous Owner Kannel Philip David $119,500
Previous Owner Kannel Philip $237,000
Previous Owner Kannel Philip D $300,000
Previous Owner Kannel Philip D $126,428
Previous Owner Kannel Philip D $44,459
Previous Owner Citizens National Bank $85,000
Previous Owner Kannel Philip D $37,500
Previous Owner Kannel Philip D $241,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $628,000 -7.0% $104 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
05/22/2020 05/22/20 For Sale $675,000 -- $112 / Sq Ft
Source: MARIS MLS

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
2023 $369 $6,380 $6,380 $0
2022 $369 $5,520 $5,520 $0
2021 $10,722 $164,380 $17,350 $147,030
2020 $10,157 $155,550 $15,860 $139,690
2019 $10,031 $153,010 $14,900 $138,110
2018 $9,647 $142,730 $13,450 $129,280
2017 $5,571 $137,280 $12,420 $124,860
2016 $6,687 $136,650 $11,790 $124,860
2015 $6,497 $134,310 $10,740 $123,570
2014 $6,497 $109,310 $10,740 $98,570
2013 $6,497 $132,660 $10,620 $122,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20033766

MARIS MLS

APN: 16-1-03-08-00-000-004