Seller's Agent in 2024
Mark Coleman
Coleman Land Company
(630) 377-1600
2 in this area
62 Total Sales
6N112 State Route 31 St. Charles, IL 60175
Novak Park NeighborhoodEstimated Value: $482,000 - $531,000
2
Beds
1
Bath
1,800
Sq Ft
$278/Sq Ft
Est. Value
Highlights
- 5 Acre Lot
- Farmhouse Style Home
- Forced Air Heating and Cooling System
- Wild Rose Elementary School Rated A
- Formal Dining Room
- Senior Tax Exemptions
About This Home
As of June 2024MULTIPLE OFFERS RECEIVED! HIGHEST AND BEST OFFERS DUE BY THE COMING WEDNESDAY AT 1PM. A Diamond in the ROUGH property- FOR SALE- located 1/2 mile north of SC North HS and 1,000' from the Fox River in St. Charles Township, surrounded by SC city limits but is now unincorporated St. Charles Township, Kane County. For over 5 decades, this F-farm zoned property has been the home of a tree company providing area services for tree removal, stump clearing, and firewood delivery. The improvements consist of an 1,800 sf limestone residence and several barn and machine structures, all used for the tree removal business. Previously, it likely was a grain/dairy farm, processing cheese and cream for the Chicago market back in the mid-1800s. Special considerations- For health reasons, the tree business had to cease operations. As a result, the equipment of this going concern remain in place. Room dimensions are estimated. The new owner will inherit the assets and responsibility of reformating the property to its highest & best use, arguably estate residential. It is possible to annex and subdivide into homesites. Three sides of this site, north, west and south, abutt The Reserve neighborhood. The east line is Rt. 31 frontage. If you view the area plan available on KC's website, you will see a ROW extending from the west into the back lot line of this property. It is believed street access and utilities could be connected to this property. If this is of interest, please consult with and research with the county and the city. Showings: because of the trucks entering and exiting the property on Rt. 31, there is only a gravel drive (and mud if it has rained). Low clearence vehicles may bottom-out. There is also a locked cable across the entrance. Call LA for more information. Do not drive into the property without confirmed appointments.
Last Agent to Sell the Property
Coleman Land Company License #471003968 Listed on: 05/01/2024
Last Buyer's Agent
Non Member
NON MEMBER
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,114
Year Built
- Built in 1850
Lot Details
- 5 Acre Lot
- Lot Dimensions are 335 x 730 x 327 x 662
Home Design
- Farmhouse Style Home
- Stone Siding
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
- Formal Dining Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Private or Community Septic Tank
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2024
Closed on
Jun 20, 2024
Sold by
Demar Richard A
Bought by
Rt31 Tree Llc
Seller's Agent
Mark Coleman
Coleman Land Company
Buyer's Agent
Non Member
NON MEMBER
List Price
$399,000
Sold Price
$485,000
Premium/Discount to List
$86,000
21.55%
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,251
Avg. Annual Appreciation
1.63%
Original Mortgage
$250,000
Outstanding Balance
$246,058
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$248,064
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rt31 Tree Llc | $475,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rt31 Tree Llc | $250,000 | |
| Previous Owner | Demar Richard A | $266,000 | |
| Previous Owner | Demar Richard A | $120,000 | |
| Previous Owner | Demar Richard A | $148,100 | |
| Previous Owner | Demar Richard A | $80,000 | |
| Previous Owner | Demar Richard A | $157,800 | |
| Previous Owner | Demar Richard A | $160,000 | |
| Previous Owner | Demar Richard A | $105,200 | |
| Previous Owner | Demar Richard A | $110,000 | |
| Previous Owner | Demar Richard A | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | $485,000 | +21.4% | $269 / Sq Ft |
| 05/08/2024 05/08/24 | Pending | -- | -- | -- |
| 05/05/2024 05/05/24 | Price Changed | $399,500 | +0.1% | $222 / Sq Ft |
| 05/01/2024 05/01/24 | For Sale | $399,000 | -- | $222 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,645 | $152,237 | $97,195 | $55,042 |
| 2023 | $9,114 | $136,254 | $86,991 | $49,263 |
| 2022 | $9,843 | $139,686 | $93,522 | $46,164 |
| 2021 | $9,262 | $133,148 | $89,145 | $44,003 |
| 2020 | $9,191 | $130,666 | $87,483 | $43,183 |
| 2019 | $9,017 | $128,079 | $85,751 | $42,328 |
| 2018 | $9,102 | $128,919 | $86,937 | $41,982 |
| 2017 | $8,853 | $124,512 | $83,965 | $40,547 |
| 2016 | $9,302 | $120,139 | $81,016 | $39,123 |
| 2015 | -- | $122,154 | $80,142 | $42,012 |
| 2014 | -- | $120,872 | $80,142 | $40,730 |
| 2013 | -- | $118,651 | $80,943 | $37,708 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Christine Coleman
Coleman Land Company
(630) 408-0171
1 in this area
48 Total Sales
-
N
Buyer's Agent in 2024
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12041326
APN: 09-10-351-007
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