NOT LISTED FOR SALE

716 E 2873rd Ln Liberty, IL 62347

Estimated Value: $164,000 - $216,000

1 Bed
1 Bath
814 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $132,900 $163 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,215/month

105 Days on Market

Highlights

  • Landscaped Professionally
  • Fenced Yard
  • Porch
  • Mature Trees
  • 1 Car Detached Garage
  • Living Room

About This Home

As of February 2021

This is a completely updated home that sits on just over 2 acres. This home has a rustic feel and was originally updated to make this a hunting lodge. Granite countertops, top of the line cabinetry, stainless appliances, tankless water heater, updated bathroom with a huge walk in shower - cherry floors, cathedral ceilings and more! Bonus- sellers recently had a 16 x44 building built - with one room finished with heat and air and the rest of the building is a shop/garage. Beautiful yard - surrounded by trees and so much wildlife. Part of the back yard is newly fenced and there is a new fence in the front. Unique home!, Utility Supplier: Adams Electric

Last Agent to Sell the Property

Carol Rischar

Bower & Associates, Inc., REALTORS License #475128400 Listed on: 10/13/2020

Last Buyer's Agent

Kelly Little

Farlow Real Estate Experts, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,384

Lot Details

  • 2.04 Acre Lot
  • Fenced Yard
  • Landscaped Professionally
  • Mature Trees
  • Wooded Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 814 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Outbuilding
  • Porch

Schools

  • Liberty Elementary School
  • Liberty High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,384

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Legal Description: SE SEC 27 2S5W 2.04 ACRES BEG. 737.78' N & 641.35 NW SE COR SEC 27
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), First Floor Laundry
  • LivingArea: 814
  • Other Equipment: Ceiling Fan(s), Sump Pump, Water Heater-Gas, Internet-Fiber
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Lot Features: Fenced Yard, Landscaped, Mature Trees, Wooded
  • OtherStructures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Public

Schools

  • Elementary School: Liberty
  • High School: Liberty

Lot Info

  • Lot Size Acres: 2.04
  • Lot Dimensions: 2.04
  • Zoning: OTHER

Rental Info

  • Board Number: 27

Tax Info

  • Tax Annual Amount: 2384
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Feb 25, 2021
Sold by
Vanvelzer Randall D and Vanvelzer Robin L
Bought by
Owens William T and Owens Theresa M
Seller's Agent
Carol Rischar
Bower & Associates, Inc., REALTORS
Buyer's Agent
Kelly Little
Farlow Real Estate Experts, Inc.
List Price
$130,000
Sold Price
$132,900
Premium/Discount to List
$2,900
2.23%
Current Estimated Value
$187,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,751
Avg. Annual Appreciation
6.90%
Original Mortgage
$131,268
Outstanding Balance
$117,672
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$66,593
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Owens William T $132,900 Title Center
Owens William T $132,900 Title Center
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens William T $131,268
Closed Owens William T $131,268
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2021 02/25/21 Sold $132,900 +2.2% $163 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
10/13/2020 10/13/20 For Sale $130,000 +18.2% $160 / Sq Ft
11/04/2016 11/04/16 Sold $110,020 -21.4% $135 / Sq Ft View Prior Sale
10/05/2016 10/05/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $139,900 -- $172 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,917 $49,930 $8,690 $41,240
2023 $2,785 $46,500 $8,090 $38,410
2022 $2,655 $44,200 $7,690 $36,510
2021 $2,736 $45,000 $7,470 $37,530
2020 $2,481 $41,380 $7,270 $34,110
2019 $2,385 $39,940 $7,020 $32,920
2018 $2,339 $38,780 $6,820 $31,960
2017 $2,188 $36,670 $6,620 $30,050
2016 $1,353 $29,860 $6,200 $23,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12243838

Midwest Real Estate Data (MRED)

APN: 110027500400