NOT LISTED FOR SALE

8189 Cheri Dr South Beloit, IL 61080

Estimated Value: $564,000 - $856,000

2.55 Acres
$275,049 Price per Acre
111,078 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $69,900

Est. 806% increase in value since last sale

Current estimated payment $4,732/month

116 Days on Market

Highlights

  • 2.55 Acre Lot
  • Prairie Hill Elementary School Rated A
  • Wooded Lot

About This Lot

As of December 2020

This is the very last available lot in prestigious Marston Manor subdivision off White School and Prairie Hill Roads in South Beloit. Within the award-winning Prairie Hill and Hononegah school district. Just 3 minutes from I-90 at either Manchester or Rockton Road exits. Gorgeous, maturely wooded and super-private horseshoe shaped high-end subdivision with some home values exceeding $600k. Believed to offer lower level exposure, but buyer to verify. Seller has owned since the early 1990s and ended up building next door and never had the property soil bored or perc tested for a homesite, but it is believed able to pass for conventional septic with no issues. This is a super-rare opportunity to buy this quantity of land in a subdivision of this caliber in the Roscoe, Rockton and South Beloit area. One of the lowest tax rates in Winnebago County at 9.6! Don’t pass up this shot to claim your spot and get started building your dream home now!

Last Agent to Sell the Property

Ryan Petry

Keller Williams Realty Signature License #471022307 Listed on: 06/29/2020

Keller Williams Realty Signature

Last Buyer's Agent

Kristina Campbell

Key Realty, Inc License #475126050

Key Realty, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,131

Lot Details

  • 2.55 Acre Lot
  • Wooded Lot

Schools

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

Utilities

  • Well
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$2,131

Lot Details

0

Listing Details

  • Class: LAND
  • Front: 194.04
  • General Features: County Taxes, Exposure Possible
  • Grid: 32
  • Legal Description: Marston Manor Lot 7
  • Lot Acreage: 2.55
  • Lvt Date: 06/29/2020
  • Rear: 445.68
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 427.37
  • Side R: 345
  • Agent Only_ L A1 User Code: 5165
  • Elementary School: Prairie Hill Elementary
  • Pertinent Facts: This is the very last available lot in prestigious Marston Manor subdivision off White School and Prairie Hill Roads in South Beloit. Within the award-winning Prairie Hill and Hononegah school district. Just 3 minutes from I-90 at either Manchester or Rockton Road exits. Gorgeous, maturely wooded and super-private horseshoe shaped high-end subdivision with some home values exceeding $600k. Believed to offer lower level exposure, but buyer to verify. Seller has owned since the early 1990s and ended up building next door and never had the property soil bored or perc tested for a homesite, but it is believed able to pass for conventional septic with no issues. This is a super-rare opportunity to buy this quantity of land in a subdivision of this caliber in the Roscoe, Rockton and South Beloit area. One of the lowest tax rates in Winnebago County at 9.6! Don’t pass up this shot to claim your spot and get started building your dream home now!
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 477012769
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Septic
  • Water: Well

Schools

  • School District: Hononegah 207
  • Elementary School: Prairie Hill Elementary
  • Middle School: Willowbrook
  • High School: Hononegah High

Lot Info

  • Land Features: Wooded

Tax Info

  • Year: 2019
  • Taxes: 2131

MLS Schools

  • HighSchool: Hononegah High
  • School District: Hononegah 207
  • Middle School: Willowbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2023
Sold by
Three Hammer Construction Inc
Bought by
Peters Joshua A and Peters Jennifer L
Current Estimated Value
$633,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,745
Outstanding Balance
$514,635
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$186,739

Purchase Details

Closed on
Jun 8, 2022
Sold by
Peters Joshua A and Peters Jennifer L
Bought by
Three Hammer Construction Inc

Purchase Details

Listed on
Jun 29, 2020
Closed on
Dec 1, 2020
Sold by
Lawrence J Mcquaid Revocable Trust
Bought by
Peters Joshua A and Peters Jennifer L
Seller's Agent
Ryan Petry
Keller Williams Realty Signature
Buyer's Agent
Kristina Campbell
Key Realty, Inc
List Price
$79,900
Sold Price
$69,900
Premium/Discount to List
-$10,000
-12.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.51%
Original Mortgage
$55,920
Interest Rate
3.25%
Mortgage Type
New Conventional
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
Peters Joshua A $589,000 --
Three Hammer Construction Inc $10,000 None Listed On Document
Peters Joshua A $70,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Joshua A $529,745
Previous Owner Peters Joshua A $55,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $69,900 -12.5% --
10/23/2020 10/23/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $79,900 -- --
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 $15,167 $199,107 $31,173 $167,934
2023 $14,283 $172,796 $27,975 $144,821
2022 $2,296 $25,574 $25,574 $0
2021 $2,213 $24,024 $24,024 $0
2020 $2,179 $23,151 $23,151 $0
2019 $2,131 $22,114 $22,114 $0
2018 $2,144 $22,030 $22,030 $0
2017 $2,177 $21,248 $21,248 $0
2016 $2,097 $20,907 $20,907 $0
2015 $2,083 $20,310 $20,310 $0
2014 $2,020 $20,053 $20,053 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202003436

NorthWest Illinois Alliance of REALTORS®

APN: 04-13-100-010