NOT LISTED FOR SALE

7385 English Oak Ln Spring Grove, IL 60081

Estimated Value: $21,663 - $125,000

1.08 Acres
$49,922 Price per Acre
47,045 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $20,000 $7 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $382/month

4 Days on Market

About This Lot

As of May 2024

Looking for a great area to build your dream home? This beautiful 1+ acre estate lot nestled high on a hill on a dead end street offers a premium location. Homes in this neighborhood range in the mid $450s and up. Excellent A rated school system and a strong sense of community are some of the things that stand out about Spring Grove. The neighborhood is sandwiched between two great nature areas: Chain O'Lakes State Park and Glacial Park Conservation Area. Not to mention you are minutes from all the fun water activities on the Chain O'Lakes. Close proximity to Rt 12 for those needing to commute to work.

Last Agent to Sell the Property

Tracy Stella

Stellar Results Realty License #475180858 Listed on: 04/17/2024

Last Buyer's Agent

Tracy Stella

Stellar Results Realty License #475180858 Listed on: 04/17/2024

Property Details

Property Type

  • Land

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 87.9 x 223.6 x 30.1 x 50.3 x 208.2
  • Property is zoned SINGL

Schools

  • Spring Grove Elementary School
  • Nippersink Middle School
  • Richmond High School

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Estate
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street, Paved
  • List Price: 29000
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Septic System Required, Well-Required

Schools

  • Elementary School: Spring Grove Elementary School
  • High School: Richmond High School
  • Middle/Junior School: Nippersink Middle School
  • Middle/Junior School District: 2

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.08
  • Lot Dimensions: 87.9 X 223.6 X 30.1 X 50.3 X 208.2
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Land Description: Wooded

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1637
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 16, 2024
Sold by
Swedishamerican Realty Corp
Bought by
Stansbury Jon
Seller's Agent
Tracy Stella
Stellar Results Realty
Buyer's Agent
Tracy Stella
Stellar Results Realty
List Price
$29,000
Sold Price
$20,000
Premium/Discount to List
-$9,000
-31.03%
Views
3
Current Estimated Value
$53,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,916
Avg. Annual Appreciation
570.97%

Purchase Details

Closed on
Jul 23, 2018
Sold by
Swedishamerican Foundation
Bought by
Swedishamerican Realty Corporation

Purchase Details

Closed on
Dec 30, 2011
Sold by
Daniels Don and Daniels Amy E
Bought by
Swedishamerican Foundation

Purchase Details

Closed on
May 18, 2007
Sold by
Dpl Inc
Bought by
Daniels Donnie F and Daniels Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,982
Interest Rate
8.75%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Stansbury Jon $20,000 None Listed On Document
Swedishamerican Realty Corporation -- Attorney
Swedishamerican Foundation -- None Available
Daniels Donnie F $127,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniels Donnie F $560,982
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $20,000 -31.0% $7 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $29,000 -- $10 / 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 $1,001 $6,666 $6,666 --
2023 $1,801 $16,183 $16,183 --
2022 $1,712 $14,236 $14,236 $0
2021 $1,637 $13,420 $13,420 $0
2020 $1,591 $12,829 $12,829 $0
2019 $1,578 $12,629 $12,629 $0
2018 $1,598 $12,239 $12,239 $0
2017 $1,730 $12,913 $12,913 $0
2016 $1,839 $13,329 $13,329 $0
2013 -- $21,471 $21,471 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12032334

Midwest Real Estate Data (MRED)

APN: 05-30-351-008