NOT LISTED FOR SALE

7821 N Mulford Rd Monroe Center, IL 61052

Estimated Value: $265,000 - $365,000

4 Beds
1.5 Baths
1,950 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $320,000 $164 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,326/month

4 Days on Market

Highlights

  • Horses Allowed in Community
  • 5 Acre Lot
  • Vaulted Ceiling
  • Stillman Valley High School Rated 9+
  • Countryside Views
  • Fenced Yard

About This Home

As of June 2023

Charming move in ready 1,950 SF, 4 bed, 1.5 bath, 2 story farmhouse in Meridian School District on 5 acres. Home is in a great rural location that is close to I-39 & I-90. You are welcomed into the home by the cozy covered front porch, that would make a great mud room. Home features an updated eat-in kitchen with new flooring, fresh paint, wood ceiling, and SS appliances. Recently remodeled Powder Room. Bright open dining room with fresh paint, new floor, and glass doors overlooking the large, fenced side yard. Living room with vaulted ceilings, fresh paint, and new flooring. Nice sized first floor bedroom with a cozy den just off of it. Upstairs you have a master bedroom with a walk-in closet, 2 nice size bedrooms, and full freshly painted bath. The upper level also features a large, bright laundry room with extra storage and room for home office or craft room. 2.5 car detached garage with new roof. Garden shed with new roof. 26' x 32' outbuilding with concrete floor needs some TLC, but has good bones. House has newer windows, roof, central air, washer, and dryer. Zoned Ag. Ogle County Taxes. Garden shed, outbuilding, and appliances being sold as is. Home Warranty Offered.

Last Agent to Sell the Property

Lyrah Austin-Bushnell

DICKERSON & NIEMAN License #475128352 Listed on: 05/11/2023

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1917

Lot Details

  • 5 Acre Lot
  • Fenced Yard

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Countryside Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2.5 Car Garage
  • Driveway

Outdoor Features

  • Fire Pit
  • Shed
  • Storage Shed
  • Outbuilding

Schools

  • Meridian Elementary School
  • Meridian Jr High Middle School
  • Stillman Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Tank Leased
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Horses Allowed in Community

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,862

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling-Vaults/Cathedral, Walk-In Closet
  • Road Frontage: Hard Surface Road
  • Type: Country View
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, LP Gas Tank Rented
  • Class: HOUSE
  • Exemptions: Owner
  • Front: 400
  • General Features: Garden Shed, Home Warranty, Horses Allowed, Laundry 2nd Floor, Out Building(s), Fire-Pit/Fireplace, Storage Shed, Fenced Yard
  • Grid: O3
  • Legal Description: Rng/Blk:2 Twp:42 Sect/Lot:10 pt Nw4
  • Lot Acreage: 5
  • Lvt Date: 05/11/2023
  • Number of Upper Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Rear: 400
  • Side 1: 544.52
  • Side 2: 544.52
  • Stove Range Fuel: Gas
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: 4981
  • Egress: No
  • Elementary School: Meridian
  • Estimated Total Finished Sq Ft: 1950
  • Garage Type Driveway: Detached
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Charming move in ready 1,950 SF, 4 bed, 1.5 bath, 2 story farmhouse in Meridian School District on 5 acres. Home is in a great rural location that is close to I-39 & I-90. You are welcomed into the home by the cozy covered front porch, that would make a great mud room. Home features an updated eat-in kitchen with new flooring, fresh paint, wood ceiling, and SS appliances. Recently remodeled Powder Room. Bright open dining room with fresh paint, new floor, and glass doors overlooking the large, fenced side yard. Living room with vaulted ceilings, fresh paint, and new flooring. Nice sized first floor bedroom with a cozy den just off of it. Upstairs you have a master bedroom with a walk-in closet, 2 nice size bedrooms, and full freshly painted bath. The upper level also features a large, bright laundry room with extra storage and room for home office or craft room. 2.5 car detached garage with new roof. Garden shed with new roof. 26' x 32' outbuilding with concrete floor needs some TLC, but has good bones. House has newer windows, roof, central air, washer, and dryer. Zoned Ag. Ogle County Taxes. Garden shed, outbuilding, and appliances being sold as is. Home Warranty Offered.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1950
  • L O1 Brokerage Number: 477011787
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 15.4x15.7, On Level: Upper
  • Bedroom 2: Dimensions: 8.8x12.10, On Level: Upper
  • Bedroom 3: Dimensions: 12.2x12.3, On Level: Upper
  • Bedroom 4: Dimensions: 8.11x11.10, On Level: Main
  • Dining Room: On Level: Main, Dimensions: 15x15
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Room: On Level: Main, Dimensions: 25x12
  • Price Per Sq Ft: 164.1
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Siding, Aluminum
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Meridian 223
  • Elementary School: Meridian
  • Middle School: Meridian Jr High
  • High School: Stillman Valley High

Building Info

  • Year Built: 1917

Tax Info

  • Year: 2022
  • Taxes: 4862

MLS Schools

  • HighSchool: Stillman Valley High
  • School District: Meridian 223
  • Middle School: Meridian Jr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 22, 2023
Sold by
Whaley Kevin L
Bought by
Malicote Elizabeth and Malicote Austin Robert
Seller's Agent
Lyrah Austin-Bushnell
DICKERSON & NIEMAN
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$305,000
Sold Price
$320,000
Premium/Discount to List
$15,000
4.92%
Views
35
Current Estimated Value
$325,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,751
Avg. Annual Appreciation
-0.31%
Original Mortgage
$330,560
Outstanding Balance
$323,688
Interest Rate
6.57%
Mortgage Type
VA
Estimated Equity
-$5,926

Purchase Details

Closed on
Jun 27, 2017
Sold by
Whaley Kevin L
Bought by
Whaley Kevin L

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jul 8, 2016
Sold by
Mclain James H and Lehuta Susan A
Bought by
Whaley Kevin L
Seller's Agent
Robin Henry
Keller Williams Realty Signature
Buyer's Agent
Lyrah Austin-Bushnell
DICKERSON & NIEMAN
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$148,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2015
Closed on
Aug 28, 2015
Sold by
Byron Bank
Bought by
Mclain James H and Lehuta Susan A
Seller's Agent
Carla Benesh
RE/MAX of Rock Valley
Buyer's Agent
ACCOUNTS PAYABLE
List Price
$154,900
Sold Price
$130,000
Premium/Discount to List
-$24,900
-16.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.95%

Purchase Details

Closed on
Apr 10, 2015
Sold by
Stott Karibeth and Stott Chadwick
Bought by
Byron Bank

Purchase Details

Closed on
Jan 15, 2010
Sold by
Stott Karibeth
Bought by
Stott Karibeth

Purchase Details

Closed on
Sep 29, 2008
Sold by
Stott Karibeth
Bought by
Stott Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Malicote Elizabeth $320,000 None Available
Whaley Kevin L -- --
Whaley Kevin L $82,500 --
Mclain James H $129,000 --
Byron Bank -- --
Stott Karibeth -- None Available
Stott Jeffrey P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malicote Austin Robert $330,560
Previous Owner Kevin L Whaley Trustee $59,000
Previous Owner Whaley Kevin $4,000
Previous Owner Whaley Kevin L $148,500
Previous Owner Stott Jeffrey P $188,000
Previous Owner Stott Jeffrey P $11,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $320,000 +4.9% $164 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $305,000 +84.8% $156 / Sq Ft
07/08/2016 07/08/16 Sold $165,000 -2.9% $85 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $169,900 +30.7% $87 / Sq Ft
08/28/2015 08/28/15 Sold $130,000 -16.1% $67 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $154,900 -- $79 / 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 $7,081 $91,114 $35,365 $55,749
2023 $5,405 $71,463 $32,987 $38,476
2022 $4,861 $65,388 $30,183 $35,205
2021 $4,558 $60,826 $28,077 $32,749
2020 $4,362 $58,090 $26,814 $31,276
2019 $4,166 $55,324 $25,537 $29,787
2018 $4,096 $53,324 $24,614 $28,710
2017 $3,985 $51,392 $23,722 $27,670
2016 $4,441 $50,311 $23,223 $27,088
2015 $4,313 $49,132 $22,679 $26,453
2014 $4,042 $49,132 $22,679 $26,453
2013 $4,184 $50,273 $23,206 $27,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202302381

NorthWest Illinois Alliance of REALTORS®

APN: 12-10-100-003