NOT LISTED FOR SALE

577 E Jacob Rd Gorham, IL 62940

Estimated Value: $74,000 - $134,000

3 Beds
2 Baths
1,900 Sq Ft
$49/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $68,500 $36 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $574/month

10 Days on Market

Highlights

  • Deck
  • Ceiling Fan
  • Garage
  • Porch

About This Home

As of October 2021

This three bedroom bungalow is listed at $72,000. It sits on 1.5 acres in the heart of Gorham. This country house would be a great starter home. It is surrounded by a beautiful wooded area that provides a lot of natural privacy. The front porch would be a spot to sit on your swing and enjoy the peaceful atmosphere of country living. This particular location is surrounded by a lot of farmland in a very rural area.There are many upgraded amenities that have been done to the home.

Last Listed By

Lindsey Hudson

RE/MAX Realty Central License #475122581 Listed on: 08/09/2021

RE/MAX Realty Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $549

Year Built

  • Built in 1928

Lot Details

  • 1.5

Parking

  • Garage

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Oven or Range

Outdoor Features

  • Deck
  • Porch

Schools

  • Trico Elementary School

Utilities

  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$549

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: PT NE 1/4
  • Lvt Date: 08/10/2021
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range/Oven
  • Interior Amenities: Cable Tv Available, Blinds, Ceiling Fan, Window Coverings
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 18.5x12.6, On Level: Main, Flooring: Laminate
  • Basement Foundation: Full, Concrete, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 9.8x12.2, On Level: Upper, Flooring: Laminate
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 12.8x12.1, On Level: Upper, Flooring: Hardwood
  • Bedroom 3 Egress Window: Yes
  • Informal Dining Room: Dimensions: 14.7x10.9, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 14.4x16, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Dining Informal, Pantry
  • Laundry: Dimensions: 6.6x7.5, On Level: Main, Flooring: Laminate
  • Living Room: Dimensions: 33.3x11.8, On Level: Main, Flooring: Hardwood
  • Total Basement Sq Ft: 1288
  • Price Per Sq Ft: 36.05
  • Finished Sq Ft: 1900
  • Total Sq Ft: 1900
  • Finished Main Level Sq Ft: 950
  • Upper Level Finished Sq Ft: 950

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Porch, Lean-To
  • Road Access: Gravel
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes

Utilities

  • Heating Cooling: Electric, Propane, Forced Air, Water Heater - Electric, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Septic System
  • Utility Companies: Egyptian Electric, Gorham water

Schools

  • Elementary School: Trico
  • Middle School: Trico
  • High School: Trico
  • Elementary School: Trico

Lot Info

  • Estimated Lot Size: 177x193x146x284
  • Estimated Number of Acres: 1.5
  • Lot Description: Wooded, Agricultural
  • Geo Subdivision: IL
  • Flood Plain: Yes

Tax Info

  • Annual Taxes: 549.28
  • Parcel Id Number Tax Id: 12-26-100-007-0040
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

MLS Schools

  • High School School District: Trico
  • Middle School: Trico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 22, 2021
Sold by
Jacquot Alyson A and Jacquot Joseph W
Bought by
Bilderback Justin
Seller's Agent
Lindsey Hudson
RE/MAX Realty Central
Buyer's Agent
Judy Bost
C21 HOUSE OF REALTY, INC. CD
List Price
$72,000
Sold Price
$68,500
Premium/Discount to List
-$3,500
-4.86%
Total Days on Market
10
Current Estimated Value
$93,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,964
Avg. Annual Appreciation
9.17%
Original Mortgage
$68,500
Outstanding Balance
$63,337
Interest Rate
2.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$30,127

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 18, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Miller Alyson A and Jacquot Joseph W
Seller's Agent
Cheryl Winters
Above & Beyond Realty
Buyer's Agent
Lindsey Hudson
RE/MAX Realty Central
List Price
$35,700
Sold Price
$36,000
Premium/Discount to List
$300
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.83%
Original Mortgage
$38,989
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2018
Sold by
Central National Bank
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jun 30, 2010
Sold by
Jarrett Kenneth Bradley and Jarrett Carla Jean
Bought by
Tanner Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,169
Interest Rate
5.25%
Mortgage Type
FHA

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
Bilderback Justin $69,000 None Available
Miller Alyson A -- --
Department Of Housing & Urban Dev -- --
Tanner Christopher L $97,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilderback Justin $68,500
Previous Owner Jacquot Joseph W $20,000
Previous Owner Miller Alyson A $42,530
Previous Owner Miller Alyson A $38,989
Previous Owner Tanner Christopher L $62,169
Previous Owner Jarrett Kenneth Bradley $50,895
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $68,500 -4.9% $36 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $72,000 +100.0% $38 / Sq Ft
10/18/2018 10/18/18 Sold $36,000 +0.8% $26 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $35,700 -- $26 / 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
2023 $671 $14,602 $3,266 $11,336
2022 $605 $13,235 $2,960 $10,275
2021 $583 $12,722 $2,845 $9,877
2020 $549 $12,529 $2,895 $9,634
2019 $527 $12,311 $2,845 $9,466
2018 $535 $12,311 $2,845 $9,466
2017 $1,410 $25,324 $2,845 $22,479
2016 $1,405 $25,324 $2,845 $22,479
2015 -- $25,324 $2,845 $22,479
2014 -- $25,324 $2,845 $22,479
2012 -- $19,324 $2,845 $16,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB440802

RMLS Alliance

APN: 12-26-100-007