NOT LISTED FOR SALE

8502 Burr Oak Rd Roscoe, IL 61073

Estimated Value: $390,000 - $551,000

7.9 Acres
$62,650 Price per Acre
344,124 Sq Ft Lot

Last Sold November 02, 2020

Last sale price $175,000

Est. 183% increase in value since last sale

Current estimated payment $3,186/month

35 Days on Market

Highlights

  • Horses Allowed in Community
  • 7.9 Acre Lot
  • Agricultural
  • Ledgewood Elementary School Rated A
  • Wooded Lot

About This Lot

As of November 2020

More than just vacant land! This property is very special! 2 outbuildings. 60x80 building with concrete floor, heat, and more! Also a 50x35 horse barn. The property has gas, electric, and a drilled well. Lots of space and wildlife to see. Great slope for possible exposure. Gravel driveway and very peaceful setting near the end of Burr Oak Rd. Many, many possibilities! Paint booth not included.

Last Agent to Sell the Property

Mark Payne

DICKERSON & NIEMAN License #475127655 Listed on: 09/11/2019

DICKERSON & NIEMAN

Last Buyer's Agent

Andrew Olson

Keller Williams Realty Signature License #475139710

Keller Williams Realty Signature

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,740

Lot Details

  • 7.9 Acre Lot
  • Wooded Lot

Schools

  • Stone Creek Elementary School
  • Kinnikinnick Middle School
  • Hononegah High School

Farming

  • Agricultural

Utilities

  • Well
  • Septic System

Community Details

  • Horses Allowed in Community
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$4,740

Lot Details

0

Listing Details

  • Class: LAND
  • General Features: County Taxes, Exposure Possible, Horses Allowed, Out Building(s)
  • Grid: 35
  • Legal Description: COMM SW COR SE 1/4 N 440.1FT TO POB N 515.78FT SE 344.38FT NE 133.58FT NW 192.96FT E 206.69FT S 838.71FT NW 181.37FT W 328.55FT SW 106.22FT TH NW 39.23FT TO POB PT W 1/2 SE 1/
  • Lot Acreage: 7.9
  • Lvt Date: 09/11/2019
  • Type: Land
  • Buildable Lot: Yes
  • Agent Only_ L A1 User Code: 4588
  • Elementary School: Stone Creek
  • Pertinent Facts: More than just vacant land! This property is very special! 2 outbuildings. 60x80 building with concrete floor, heat, and more! Also a 50x35 horse barn. The property has gas, electric, and a drilled well. Lots of space and wildlife to see. Great slope for possible exposure. Gravel driveway and very peaceful setting near the end of Burr Oak Rd. Many, many possibilities! Paint booth not included.
  • L O1 Brokerage Number: 478001315
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Septic
  • Water: Well

Schools

  • School District: Hononegah 207
  • Elementary School: Stone Creek
  • Middle School: Kinnikinnick
  • High School: Hononegah High
  • Elementary School #2: Ledgewood Elementary

Lot Info

  • Land Features: Agriculture, Wooded

Tax Info

  • Year: 2018
  • Taxes: 4740

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Nov 4, 2020
Sold by
Louise J Jack Revocable Trust
Bought by
Londo Thomas E and Londo Karmela D
Seller's Agent
Mark Payne
DICKERSON & NIEMAN
Buyer's Agent
Andrew Olson
Keller Williams Realty Signature
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Current Estimated Value
$494,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,937
Avg. Annual Appreciation
22.54%
Original Mortgage
$140,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2019
Closed on
Nov 2, 2020
Sold by
Louise J Jack Revocable Trust
Bought by
Londo Thomas E and Londo Karmela D
Seller's Agent
Mark Payne
DICKERSON & NIEMAN
Buyer's Agent
Andrew Olson
Keller Williams Realty Signature
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4%
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
Londo Thomas E $175,000 Long Adam S
Londo Thomas E $175,000 Long Adam S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Londo Thomas E $444,000
Closed Londo Thomas E $499,500
Closed Londo Thomas E $140,000
Closed Londo Thomas E $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $175,000 -12.5% --
10/16/2019 10/16/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $200,000 -- --
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 $15,121 $189,334 $45,321 $144,013
2023 $14,092 $169,913 $40,672 $129,241
2022 $10,127 $115,498 $37,181 $78,317
2021 $4,942 $53,620 $34,928 $18,692
2020 $4,864 $51,672 $33,659 $18,013
2019 $4,752 $49,357 $32,151 $17,206
2018 $4,511 $47,427 $30,894 $16,533
2017 $4,640 $45,743 $29,797 $15,946
2016 $4,458 $0 $0 $0
2015 $4,282 $43,724 $28,482 $15,242
2014 $4,057 $43,171 $28,122 $15,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201905880

NorthWest Illinois Alliance of REALTORS®

APN: 04-36-451-013