NOT LISTED FOR SALE

7988 Elder Ln Palmyra, MO 63461

Estimated Value: $325,000 - $382,000

4 Beds
2 Baths
1,769 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 14, 2023

Current estimated payment $1,849/month

42 Days on Market

Highlights

  • Water Views
  • 21 Acre Lot
  • Traditional Architecture
  • Horses Allowed On Property
  • Lake, Pond or Stream
  • Backs to Open Ground

About This Home

As of July 2023

Wow - don't miss this one! These do not come along often - this 21 ac m/l tract is located just east of Palmyra, MO off blacktop Hwy 168 and sits atop the bluff overlooking the river bottoms below.  The 1,769 sq ft 4-bed, 2-bath farmhouse offers big rooms, updated interior, basement & the best front porch views around.  The main level includes a spacious master, big living room, kitchen, full bath and the original staircase.  Upstairs you'll find 3 bedrooms and another full bath.  The basement houses the utilities and offers more storage.  There are a couple smaller sheds outside, a big garden site and gorgeous views in any direction. If you'd rather build - there are multiple building site options on this tract as well, with sites overlooking the lake, or this tract could be further subdivided with room for several new home sites. Located just minutes from Palmyra, this is in the Palmyra School District and a quick 15-minute drive to Quincy, IL or Hannibal, MO.

Last Agent to Sell the Property

Jennifer Wood

Fretwell and Associates, LLC License #2009013348 Listed on: 05/28/2023

Last Buyer's Agent

Lisa Arment

Christal Property Group, LLC License #2022046642

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1903

Lot Details

  • 21 Acre Lot
  • Backs to Open Ground
  • Backs to Trees or Woods

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Historic or Period Millwork
  • Some Wood Windows
  • Mud Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room
  • Laundry on main level
  • Partially Carpeted
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Parking

  • Detached Garage
  • Workshop in Garage

Outdoor Features

  • Lake, Pond or Stream
  • Covered Patio or Porch
  • Shed

Schools

  • Palmyra Elem. Elementary School
  • Palmyra Middle School
  • Palmyra High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Baseboard Heating
  • Well
  • Electric Water Heater

Community Details

  • Workshop Area

Listing and Financial Details

  • Assessor Parcel Number 008.05.21.0.00.002.000

Home Details

Home Type

Single Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 2 Story
  • Municipality Township: Palmyra
  • Special Areas: Living Room, Main Floor Laundry, Mud Room, Utility Room
  • Age: 120
  • Ownership: Private
  • Year Built: 1903
  • Directions: From Palmyra, take Hwy 168 east, then turn north onto Elder Ln, property ahead.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Full, Unfinished, Walk-Up
  • Bedroom Types: Divided Bdr Flr Plan, Main Floor Master
  • Dining Room: Kitchen/Dining Combo
  • Interior Amenities: Historic/Period Mlwk, Some Carpeting
  • Kitchen: Custom Cabinetry, Eat-In Kitchen
  • Main Level Bedrooms: 1
  • Main Full Bathrooms: 1
  • Master Bed.: Full Bath
  • Misc Features: Porch-Covered
  • Total Living Area: 1769.00
  • Windows/Doors: Some Wood Windows
  • Bathrooms: 2.00
  • Bedrooms: 4.00
  • Square Footage: 1769
  • Square Footage Below Grade: 810
  • Total Full Baths: 2

Exterior Features

  • Architecture: Traditional
  • Construction: Aluminum Siding

Garage/Parking

  • Garage Size: 20x30
  • Parking: Detached, Workshop/Storage Area

Utilities

  • Water: Well
  • Water Heater: Electric
  • Cooling: 3 Plus Window/Wall
  • Heating: Baseboard, Forced Air

Condo/Co-op/Association

  • Amenities: Workshop/Hobby Area

Schools

  • Elementary School: Palmyra Elem.
  • Junior High School: Palmyra Middle
  • School District: Palmyra R-I
  • Senior High School: Palmyra High

Lot Info

  • Lot Description: Backs to Open Grnd, Backs to Trees/Woods, Pond/Lake, Suitable for Horses, Water View
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 914760
  • Acres: 21.0000

Building Info

  • Buildings: Shed(s)

Tax Info

  • Taxes Paid: 355
  • Taxes Paid Year: 2022
  • Assessor Parcel Number: 008.05.21.0.00.002.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Jul 14, 2023
Sold by
Klocke Randall E and Klocke Janet M
Bought by
Revocable Living Trust and Haydon
Seller's Agent
Jennifer Wood
Fretwell and Associates, LLC
Buyer's Agent
Lisa Arment
Christal Property Group, LLC
List Price
$299,500
Views
92
Current Estimated Value
$353,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$380,000
Interest Rate
6.79%
Mortgage Type
New Conventional
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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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
Revocable Living Trust -- None Listed On Document
Schemerhorn Johnathan R -- None Listed On Document
Hoerr Mackinley D -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schemerhorn Johnathan R $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold -- -- --
07/10/2023 07/10/23 Pending -- -- --
05/28/2023 05/28/23 For Sale $299,500 -- $169 / Sq Ft
Source: MARIS MLS

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 $24 $440 $440 $0
2023 $24 $440 $440 $0
2022 $427 $7,980 $2,950 $5,030
2021 $427 $7,980 $2,950 $5,030
2020 $397 $7,330 $2,760 $4,570
2019 $397 $7,330 $2,760 $4,570
2018 $397 $7,330 $1,720 $5,610
2017 $364 $7,330 $1,720 $5,610
2015 $412 $7,330 $1,720 $5,610
2014 $412 $7,280 $1,670 $5,610
2012 -- $7,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23029748

MARIS MLS

APN: 008.05.21.0.00.002.000