NOT LISTED FOR SALE

7240 W Farmer Rd Verona, IL 60479

Estimated Value: $198,000 - $304,000

4 Beds
2 Baths
2,059 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $200,000 $97 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,636/month

5 Days on Market

Highlights

  • Barn
  • Waterfront
  • Stream or River on Lot
  • Horses Allowed On Property
  • Mature Trees
  • Wood Flooring

About This Home

As of April 2024

Discover this rustic countryside property nestled on 2 acres with a winding creek and lightly wooded surroundings. With 2000+ sq.ft., this home features 3 bedrooms upstairs, a main floor bedroom, den, and utility room. A loft area upstairs provides extra space. A barn with a concrete floor, hay loft, and a storage building are included. Natural gas is available for conversion, and PVC piping is installed up to the house. The holding tank regulator is newer. Horse-friendly. This property offers potential with some TLC. SOLD AS-IS.

Last Agent to Sell the Property

David Welter

RE/MAX Top Properties License #475183240 Listed on: 03/06/2024

RE/MAX Top Properties

Co-Listed By

Marie Porter

RE/MAX Top Properties License #475209990

Last Buyer's Agent

James Fleishman

James R. Fleishman Real Estate License #475159484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 1900

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 250 x 351
  • Waterfront
  • Mature Trees
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,059 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mud Room
  • Formal Dining Room
  • Loft
  • Wood Flooring
  • Storm Screens
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Cellar

Outdoor Features

  • Stream or River on Lot
  • Enclosed Patio or Porch
  • Shed

Schools

  • Seneca Elementary South Campus
  • Seneca Elementary North Campus Middle School
  • Seneca Township High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • 200+ Amp Service
  • Well
  • Private or Community Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,140

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2059
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Loft, Enclosed Porch, Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Cellar,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Block
  • List Price: 200000
  • Lot Features: Horses Allowed, Stream(s), Wooded, Mature Trees
  • OtherStructures: Barn(s), Shed(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Electric, Baseboard
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Seneca Elementary South Campus
  • High School: Seneca Township High School
  • Middle/Junior School: Seneca Elementary North Campus
  • Middle/Junior School District: 170

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2
  • Lot Dimensions: 250 X 351
  • Rural (Y/N): Y
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2140
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 2, 2024
Sold by
Palmer Phyllis A
Bought by
Fleishman Michael C
Seller's Agent
David Welter
RE/MAX Top Properties
Buyer's Agent
James Fleishman
James R. Fleishman Real Estate
List Price
$200,000
Sold Price
$200,000
Views
58
Current Estimated Value
$245,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,122
Avg. Annual Appreciation
4.13%
Original Mortgage
$75,630
Outstanding Balance
$74,650
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$137,274

Purchase Details

Listed on
Jan 22, 2014
Closed on
Jul 8, 2014
Sold by
Ronald G Ronald G and Flynn Dana J
Bought by
Palmer Phyllis A
Seller's Agent
JoEllyn Johnson
Century 21 Coleman-Hornsby
Buyer's Agent
Candace Shell
Pro Real Estate
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Source: Public Records

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
Fleishman Michael C $200,000 Fidelity Title
Palmer Phyllis A $140,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleishman Michael C $75,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $200,000 0.0% $97 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $200,000 +42.9% $97 / Sq Ft
07/15/2014 07/15/14 Sold $140,000 -2.8% $68 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
04/18/2014 04/18/14 Price Changed $144,000 -9.9% $70 / Sq Ft
01/22/2014 01/22/14 For Sale $159,900 -- $78 / 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 $3,960 $73,034 $14,165 $58,869
2023 $3,637 $67,078 $13,010 $54,068
2022 $2,127 $59,514 $11,543 $47,971
2021 $2,140 $56,804 $11,017 $45,787
2020 $2,149 $55,032 $10,673 $44,359
2019 $2,189 $52,064 $10,097 $41,967
2018 $2,207 $51,961 $10,077 $41,884
2017 $2,220 $51,284 $9,946 $41,338
2016 $2,494 $50,224 $9,740 $40,484
2015 $2,548 $50,039 $9,704 $40,335
2014 $2,613 $49,514 $9,602 $39,912
2013 $1,419 $51,310 $9,950 $41,360
Source: Public Records

Agents Affiliated with this Home

  • David Welter

    Seller's Agent in 2024

    David Welter

    RE/MAX

    (815) 942-1133

    54 Total Sales

    David Welter
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Marie Porter

    RE/MAX

    (815) 942-1133

    5 Total Sales

    Marie Porter
    Section Image

  • J

    Buyer's Agent in 2024

    James Fleishman

    James R. Fleishman Real Estate

    (815) 671-7867

    7 Total Sales

    James Fleishman
    Section Image
  • JoEllyn Johnson

    Seller's Agent in 2014

    JoEllyn Johnson

    Century 21 Coleman-Hornsby

    (815) 252-1724

    79 Total Sales

    JoEllyn Johnson
    Section Image
  • Candace Shell

    Buyer's Agent in 2014

    Candace Shell

    Pro Real Estate

    (815) 693-4884

    111 Total Sales

    Candace Shell
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11997813

Midwest Real Estate Data (MRED)

APN: 07-05-200-002

Illinois Grundy County Verona 60479

7240 W Farmer Rd, Verona, IL

This home is located at 7240 W Farmer Rd, Verona, IL 60479 since 06 March 2024 and is currently estimated at $245,122, approximately $119 per square foot. This property was built in 1900. 7240 W Farmer Rd is a home located in Grundy County with nearby schools including Seneca Grade School, Seneca Grade School - South Campus, and Seneca High School.

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