NOT LISTED FOR SALE

7306 Barngate Dr South Beloit, IL 61080

Estimated Value: $532,000 - $590,000

3 Beds
3.5 Baths
3,714 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $465,000 $125 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,112/month

29 Days on Market

Highlights

  • 1.2 Acre Lot
  • Ranch Style House
  • Brick or Stone Mason
  • Prairie Hill Elementary School Rated A
  • 2 Fireplaces
  • Central Air

About This Home

As of December 2021

This custom built spacious ranch style home located in South Beloit has 3700 square feet to enjoy! A stone exterior welcomes you into its beautifully kept living area with Brazilian Tiger Eye flooring and gorgeous ceramic tile. A stone wood-burning fireplace makes for a cozy living room. The kitchen features cherrywood cabinets and granite countertops. With 3 bedrooms and 3 baths, a fully finished lower level that boast a wet bar, gas fireplace and bonus room, there will be plenty of space to turn this into your perfect home. A walkout lower level family room leads out to a covered patio and beautiful professional landscaping.

Last Agent to Sell the Property

Janet Churchill

Coldwell Banker Real Estate Group License #475170856 Listed on: 10/29/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Doug Britt

Coldwell Banker Real Estate Group License #475190840

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,952

Lot Details

  • 1.2 Acre Lot

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2 Fireplaces
  • Gas Fireplace
  • Basement Fills Entire Space Under The House
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Car Garage
  • Driveway

Schools

  • Prairie Hill Elementary School
  • Willowbrook Middle School
  • Hononegah High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,952

Lot Details

0

Listing Details

  • Interior Amenities: CO Detectors
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Class: HOUSE
  • Estimated Below Grade Finished Sq Ft: 1500
  • General Features: Main Floor Master
  • Grid: Winnebago County
  • Legal Description: MANCHESTER CROSSING BNG PT W1/2 SEC 11-46-2 LOT 8
  • Lot Acreage: 1.2
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 5464
  • Egress: No
  • Elementary School: Prairie Hill Elementary
  • Estimated Total Finished Sq Ft: 3714
  • Garage Type Driveway: Attached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: This custom built spacious ranch style home located in South Beloit has 3700 square feet to enjoy! A stone exterior welcomes you into its beautifully kept living area with Brazilian Tiger Eye flooring and gorgeous ceramic tile. A stone wood-burning fireplace makes for a cozy living room. The kitchen features cherrywood cabinets and granite countertops. With 3 bedrooms and 3 baths, a fully finished lower level that boast a wet bar, gas fireplace and bonus room, there will be plenty of space to turn this into your perfect home. A walkout lower level family room leads out to a covered patio and beautiful professional landscaping.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 2214
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 16x16, On Level: Main
  • Fireplace Type: Gas
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Bedroom 3: Dimensions: 15x13, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 14x12
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 14x19, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 17x16
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 125.2
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Garage: 4

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Septic
  • Water: City/Community
  • Water Heater: Gas

Schools

  • School District: Prairie Hill 133
  • Elementary School: Prairie Hill Elementary
  • Middle School: Willowbrook
  • High School: Hononegah High

Tax Info

  • Year: 2020
  • Taxes: 10952

MLS Schools

  • HighSchool: Hononegah High
  • School District: Prairie Hill 133
  • Middle School: Willowbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 23, 2021
Sold by
Burgess Timm J and Burgess Phyllis J
Bought by
Elrod Timothy R and Elrod Tonya R
Seller's Agent
Janet Churchill
Coldwell Banker Real Estate Group
Buyer's Agent
Doug Britt
Coldwell Banker Real Estate Group
List Price
$469,000
Sold Price
$465,000
Premium/Discount to List
-$4,000
-0.85%
Current Estimated Value
$560,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,142
Avg. Annual Appreciation
5.17%
Original Mortgage
$418,500
Outstanding Balance
$386,488
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$173,654

Purchase Details

Closed on
Aug 2, 2006
Bought by
Burgess Timm J and Burgess Phyllis J
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
Elrod Timothy R $465,000 None Listed On Document
Burgess Timm J $343,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elrod Timothy R $418,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $465,000 -0.9% $125 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $469,000 -- $126 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $13,004 $171,561 $20,278 $151,283
2023 $12,625 $153,963 $18,198 $135,765
2022 $12,097 $140,747 $16,636 $124,111
2021 $11,167 $132,219 $15,628 $116,591
2020 $10,956 $127,415 $15,060 $112,355
2019 $10,670 $121,707 $14,385 $107,322
2018 $10,525 $116,947 $13,822 $103,125
2017 $10,430 $112,796 $13,331 $99,465
2016 $10,027 $110,987 $13,117 $97,870
2015 $10,441 $107,817 $12,742 $95,075
2014 $10,128 $106,454 $12,581 $93,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202107019

NorthWest Illinois Alliance of REALTORS®

APN: 04-11-151-007