NOT LISTED FOR SALE

623 W Radio Rd Quincy, IL 62305

Estimated Value: $553,000

3 Beds
1 Bath
1,930 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $510,000 $264 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,317/month

12 Days on Market

Highlights

  • 27 Acre Lot
  • Ranch Style House
  • Subterranean Parking
  • Pond
  • No HOA
  • 2 Car Garage

About This Home

As of August 2023

This new listing presents a truly rare opportunity to own your own farm ground on Radio Road. Spanning 26.984 acres across 2 parcels, this property is located in the 500-year flood plain. The brick ranch home, along with a pond and multiple outbuildings, is situated on one of the parcels. Zoned M2 (Heavy Industrial Zoning), this property offers ample investment potential. A portion of 18.66 acres is currently rented and farmed, providing additional income. Its proximity to the Mississippi River opens doors to even more investment potential in the future. The valuable frontage alone makes it an attractive opportunity for investors looking to expand their portfolio or start anew. Don't miss out on this exceptional and rare chance.

Last Agent to Sell the Property

Jackie Weisenburger

Happel, Inc., REALTORS Brokerage Phone: 217-224-8383 License #475141177 Listed on: 07/20/2023

Last Buyer's Agent

Jackie Weisenburger

Happel, Inc., REALTORS Brokerage Phone: 217-224-8383 License #475141177 Listed on: 07/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1967

Lot Details

  • 27 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,930 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Pond
  • Outbuilding

Schools

  • Lincoln-Douglas Elementary School
  • Quincy School District #172 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20-0-1718-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,542

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1967
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 395.96
  • Age55PlusDevelopment: No
  • Attribution Contact: Office: 217-224-8383
  • Special Features: None

Interior Features

  • Basement: Daylight, Finished, Full, Walk Out
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 1930
  • TotalBasementSqFt: 642
  • KitchenDining: Dining/Living Combo

Exterior Features

  • Lot Features: Agricultural, Pond/Lake
  • Road Surface Type: Gravel, Paved
  • Construction Type: Frame, Brick
  • Exterior Features: Outbuilding(s)
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: Yes

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Detached, Underground

Utilities

  • Heating: Central Air, Forced Air, Gas
  • Water Source: Private Well, Septic System
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Lincoln-Douglas
  • High School: Quincy School District #172

Lot Info

  • Zoning: M2
  • Lot Size Acres: 27
  • Lot Size: 27 Acres
  • Additional Parcels Description: 20-0-1715-000-00
  • Parcel #: 20-0-1718-001-00

Green Features

  • Efficiency: High Efficiency Heating

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2780
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 17, 2023
Sold by
Neuman Carlene A
Bought by
Schmitt Timothy G
Seller's Agent
Jackie Weisenburger
Happel, Inc., REALTORS
Buyer's Agent
Jackie Weisenburger
Happel, Inc., REALTORS
List Price
$545,000
Sold Price
$510,000
Premium/Discount to List
-$35,000
-6.42%
Total Days on Market
12
Views
17
Current Estimated Value
$553,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,000
Original Mortgage
$408,000
Outstanding Balance
$400,280
Interest Rate
6.81%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Schmitt Timothy G $510,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Timothy G $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $510,000 -6.4% $264 / Sq Ft
07/20/2023 07/20/23 For Sale $545,000 -- $282 / 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
2024 $2,542 $46,320 $4,280 $42,040
2023 $2,542 $42,250 $3,910 $38,340
2022 $2,393 $39,060 $3,060 $36,000
2021 $2,320 $37,500 $2,890 $34,610
2020 $2,254 $36,880 $2,780 $34,100
2019 $2,156 $35,780 $2,640 $33,140
2018 $2,149 $35,280 $2,380 $32,900
2017 $2,128 $34,910 $2,300 $32,610
2016 $2,200 $34,650 $2,180 $32,470
2015 $2,100,700 $34,590 $2,120 $32,470
2012 $2,086 $33,190 $1,860 $31,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1023617

RMLS Alliance

APN: 20-0-1718-001-00