NOT LISTED FOR SALE

650 N 48th St Quincy, IL 62305

Estimated Value: $78,000 - $1,607,000

4.5 Acres
$132,664 Price per Acre
196,020 Sq Ft Lot

Last Sold August 11, 2022

Last sale price $10,000

Est. 5,870% increase in value since last sale

Current estimated payment $3,119/month

62 Days on Market

About This Lot

As of August 2022

Zoned C1B- limited light commercial. Vacant rolling land and inclusive of a lake with great visibility on 48th Street and offering various potential forms of development. An adjoining tract of ground to the east is for sale, providing an additional 3.17 acres of land and the balance of the lake from access at 5010-5019 College (contact listing agent for added information).

Last Agent to Sell the Property

Rick Davis

Davis & Associates, REALTORS License #471004312 Listed on: 05/11/2022

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Property Type

  • Land

Lot Details

Schools

  • Quincy School District #172 High School

Utilities

  • Water Not Available
  • Sewer Not Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lots/Acres/Farms
  • Type: Lots
  • Legal Description: LOT 11 LAKE RIDGE SOUTHEAST LOT 11
  • Lvt Date: 08/29/2022
  • Miscellaneous: Close To Shopping
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: 8W

Exterior Features

  • Road Access: Paved

Utilities

  • Water Sewer: No Sewer, No Water
  • Utilities Available: Electricity/Lot Line

Schools

  • High School: Quincy School District #172

Lot Info

  • Estimated Lot Size: 73x78x100x130x56x48x76
  • Lot Description: Sloping
  • Zoning: Commercial
  • Subdivision: Lake Ridge

Tax Info

  • Annual Taxes: 45
  • Parcel Id Number Tax Id: 23-6-1781-146-00
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Hildebrand Properties Llc
Bought by
Dtrt Llc
Current Estimated Value
$596,986

Purchase Details

Listed on
May 11, 2022
Closed on
Aug 11, 2022
Sold by
J Churchill Construction Inc
Bought by
Hildebrand Properties Llc
Seller's Agent
Rick Davis
Davis & Associates, REALTORS
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$60,000
Sold Price
$10,000
Premium/Discount to List
-$50,000
-83.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
224.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dtrt Llc $100,000 None Listed On Document
Hildebrand Properties Llc $10,000 Illinois Real Estate Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2022 08/11/22 Sold $10,000 0.0% -- View Prior Sale
08/11/2022 08/11/22 Sold $10,000 -83.3% --
07/12/2022 07/12/22 Pending -- -- --
07/12/2022 07/12/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $60,000 -63.6% --
05/11/2021 05/11/21 For Sale $165,000 -- --
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 $233 $3,570 $3,570 $0
2023 $219 $3,310 $3,310 $0
2022 $45 $670 $670 $0
2021 $45 $660 $660 $0
2020 $45 $650 $650 $0
2019 $44 $640 $640 $0
2018 $44 $630 $630 $0
2017 $42 $620 $620 $0
2016 $42 $600 $600 $0
2015 $4,046,000 $600 $600 $0
2012 $40 $580 $580 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1017627

RMLS Alliance

APN: 23-6-1781-146-00