NOT LISTED FOR SALE

8470 Fairgrounds Rd Belvidere, IL 61008

Estimated Value: $218,000 - $243,000

4 Beds
2 Baths
1,800 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $114,000 $63 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,516/month

10 Days on Market

Highlights

  • Horses Allowed On Property
  • Corner Lot
  • Hot Water Heating System
  • Traditional Architecture
  • Breakfast Bar
  • Wood Burning Fireplace

About This Home

As of June 2018

Iconic Belvidere brick home on .8 acres zoned AG; ready for outbuildings and/or animals, on the corner near Boone County Fairgrounds. Main floor master bedroom. Full bathroom on first floor. Upper level has 3 bedrooms and 1/2 bathroom. Formal living and dining rooms. Wood burning fireplace in living room. Some hardwood floors. Convenient location to schools, park, shopping, and I/90. And lots of room to build a garage. Boiler rebuilt in winter of 2016/2017, New septic 2016.

Last Agent to Sell the Property

Angie Wait

Keller Williams Realty Signature License #475148472 Listed on: 04/09/2018

Keller Williams Realty Signature

Last Buyer's Agent

Francisco Ayala

Chicagoland Brokers, Inc.

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • 1940

Lot Details

  • 0.8

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Bar

Parking

  • Parking Available
  • Gravel Driveway
  • Parking Included in Price

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Additional Features

  • Corner Lot
  • Horses Allowed On Property

Listing and Financial Details

  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,673

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1800
  • Unfinished Basement Sq Ft: 1200
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X20, On Level: Main Level, Flooring: Carpet, Windows: None
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12X18, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 11X14, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 8X15, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 11X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1800
  • Estimated Total Finished Sq Ft: 1800
  • Basement Sq Ft: 1200
  • Main Level Sq Ft: 1200
  • Upper Level Sq Ft: 600
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Block
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.8

Garage/Parking

  • Number of Cars: 12
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 12
  • Parking On Site: Yes
  • Driveway: Gravel
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Assessed Sq Ft: 1800

Schools

  • Junior High Dist: 100

Lot Info

  • Lot Dimensions: 140.96X151X250X221.19
  • Lot Description: Corner, Horses Allowed
  • Parcel Identification Number: 0523326038

Tax Info

  • Taxes: 3957.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 13, 2018
Sold by
Kasper Edward A Trust
Bought by
Acosta Jesus
Seller's Agent
Angie Wait
Keller Williams Realty Signature
Buyer's Agent
Francisco Ayala
Chicagoland Brokers, Inc.
List Price
$119,900
Sold Price
$114,000
Premium/Discount to List
-$5,900
-4.92%
Current Estimated Value
$231,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,157
Avg. Annual Appreciation
10.05%
Original Mortgage
$111,935
Outstanding Balance
$96,805
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$134,352

Purchase Details

Closed on
Jan 23, 2007
Bought by
Kasper Edward A Tr
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
Acosta Jesus $114,000 Attorney Only
Kasper Edward A Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Jesus $111,935
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2018 06/13/18 Sold $114,000 -4.9% $63 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $119,900 -- $67 / 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 $3,673 $52,037 $9,487 $42,550
2023 $3,673 $50,970 $14,677 $36,293
2022 $3,544 $47,716 $14,677 $33,039
2021 $3,098 $42,446 $14,677 $27,769
2020 $3,081 $40,206 $15,572 $24,634
2019 $3,013 $85,579 $62,289 $23,290
2018 $3,941 $164,409 $138,879 $25,530
2017 $3,814 $41,817 $16,375 $25,442
2016 $3,957 $41,568 $16,109 $25,459
2015 $3,917 $39,860 $20,860 $19,000
2014 $16,940 $39,860 $20,860 $19,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09910728

Midwest Real Estate Data (MRED)

APN: 05-23-326-038