NOT LISTED FOR SALE

8150 Jacks Run Rd Freeburg, IL 62243

Estimated Value: $513,750

50 Acres
$10,275 Price per Acre
2,178,000 Sq Ft Lot

Last Sold April 11, 2024

Last sale price $470,000

Est. 9% increase in value since last sale

Current estimated payment $2,721/month

77 Days on Market

Highlights

  • 50 Acre Lot
  • Wooded Lot
  • No Heating
  • Freeburg Elementary School Rated A-

About This Lot

As of April 2024

This expansive 50-acre parcel of land presents a unique opportunity for ownership within the Freeberg school district. Nestled amidst the natural beauty of wooded surroundings, the property offers a serene and private retreat. A pre-existing driveway further adds to the accessibility and potential development possibilities. Whether you envision building your dream home surrounded by nature or establishing a recreational haven, this substantial piece of land provides a canvas for diverse possibilities.

Last Agent to Sell the Property

Brenda Chandler

Property Peddler, Inc License #475162275 Listed on: 01/24/2024

Last Buyer's Agent

Gary Johnston

Johnston Realty, Inc. License #471004014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $253

Lot Details

  • 50 Acre Lot
  • Property fronts a county road
  • Flooded Timber
  • Wooded Lot
  • Possible uses of the property include Hunting, Residential
  • Property is zoned NA

Schools

  • Freeburg Dist 70 Elementary And Middle School
  • Freeburg High School

Utilities

  • No Utilities
  • Not Connected to Water Source

Listing and Financial Details

  • Assessor Parcel Number 14-21.0-200-058

Property Details

Property Type

Land

Est. Annual Taxes

$253

Lot Details

0

Listing Details

  • Property Type: Farm
  • Current Use: Unused/Nat State/Und
  • Possible Use: Hunting, Residential
  • Directions: From 15, turn east onto peabody, Turn south onto White oaks club rd, then turn east onto Jacks Run, Property to your right
  • Property Sub-Type: Acreage & Farms
  • ResoLotFeatures: Wooded
  • Lot Size Acres: 50
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel, Tar
  • Co List Office Phone: 4732500
  • Outside Inclusions: Mineral Rights if Owned
  • Subdivision Name: NA
  • Carport Y N: No
  • Unit Levels: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Tillable Acreage: 0.00

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Flood Plain No

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No

Utilities

  • Sewer: Other
  • HeatingYN: No
  • Utilities: None
  • Water Source: None

Schools

  • Elementary School: FREEBURG DIST 70
  • Junior High Dist: Freeburg DIST 70
  • High School: Freeburg
  • Middle Or Junior School: FREEBURG DIST 70

Lot Info

  • Zoning: NA
  • Topography: Scattered Timber
  • Lot Size Sq Ft: 2178000
  • Wooded Area: 50
  • Parcel Number: 14-21.0-200-058

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Apr 1, 2024
Sold by
Marlen Matthew and Western Seven Trees Land Trust Western Seven
Bought by
Schaefer Capital Llc
Seller's Agent
Brenda Chandler
Property Peddler, Inc
Buyer's Agent
Gary Johnston
Johnston Realty, Inc.
List Price
$480,000
Sold Price
$470,000
Premium/Discount to List
-$10,000
-2.08%
Views
24
Current Estimated Value
$513,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,750
Avg. Annual Appreciation
5.68%
Original Mortgage
$376,000
Outstanding Balance
$370,446
Interest Rate
6.94%
Mortgage Type
Commercial
Estimated Equity
$143,304
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
Schaefer Capital Llc $470,000 Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Capital Llc $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/11/2024 04/11/24 Sold $470,000 -2.1% --
01/24/2024 01/24/24 For Sale $480,000 -- --
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 $93 $1,184 $1,184 $0
2023 $82 $1,032 $1,032 $0
2022 $73 $896 $896 $0
2021 $65 $770 $770 $0
2020 $55 $658 $658 $0
2019 $47 $554 $554 $0
2018 $39 $461 $461 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24003711

MARIS MLS

APN: 14-21-0-200-058