NOT LISTED FOR SALE

877 N 950 East Rd Tower Hill, IL 62571

Estimated Value: $181,000 - $191,000

3 Beds
1 Bath
1,387 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $168,000 $121 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,240/month

150 Days on Market

Highlights

  • Separate Outdoor Workshop
  • Heating System Uses Steam
  • 1-Story Property
  • 2 Car Garage
  • Wood Burning Fireplace

About This Home

As of June 2023

This property is country living with room to grow. The 3 bed, 1 bath Tri-Level home sits on aproximately 3.66 acres between Tower Hill and Herrick. The home features hardwood floors, a 2 car garage, and a wood fireplace. Outside there are 4 barns for workshop, storage, or whatever you can imagine. A 24x40 shop with full concrete, electricty, water, and hoist beam; a 36x60 shop with full concrete and overhead door attached to a 24x30 garage/former apartment with electric, water, and propane, a 40x120x16 pole building with concrete floor and electric, and a 30x48 pole barn with electric. This property has so much to offer a new owner, come and take a look today! All measurements are approximate and should be verified by buyer.

Last Agent to Sell the Property

Matt Forcum

Shelby Realty Services Brokerage Phone: 855-215-3400 License #471020842 Listed on: 12/02/2022

Last Buyer's Agent

Ryan Dallas

Ryan Dallas Real Estate License #475143433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,778

Year Built

  • Built in 1967

Lot Details

  • 3.66 Acre Lot
  • Property is zoned SINGL

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,387 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Finished Basement
  • Partial Basement

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Utilities

  • Heating System Uses Steam
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • Workshop Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,778

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • ArchitecturalStyle: Tri-Level
  • Inclusions: Storage Shed
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: S3 T10N R2E BEG SE COR N 1/2 NW N 439' W 250' S 175' W 165' S 264' E 440' TO POB 3.66 AC
  • ResoPropertyType: Residential
  • AttributionContact: 855-215-3400
  • Attribution Contact: 855-215-3400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Built-In Oven, Range, Range Hood, Dishwasher
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1387
  • Other Equipment: Water Heater-Electric
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1387
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Basement Sq Ft: 0
  • Total Sq Ft: 1387
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 530
  • Main Level Sq Ft: 430
  • Lower Level Sq Ft: 427
  • ResoLivingAreaSource: Other
  • MRD_MasterBathYN: No

Exterior Features

  • ExteriorFeatures: Workshop
  • Foundation Details: Concrete Perimeter
  • List Price: 179000
  • OtherStructures: Shed(s), Outbuilding
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Masonite

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Gravel
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Heating: Propane, Steam

Condo/Co-op/Association

  • Association Amenities: Workshop Area

Schools

  • Middle/Junior School District: 8

Lot Info

  • Lot Size Acres: 3.66
  • Zoning: SINGL
  • Lot Size: 3.0-3.99 Acres

Rental Info

  • Board Number: 26

Tax Info

  • Tax Annual Amount: 2778
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
May 25, 2023
Sold by
Skydan Equity Partners Llc
Bought by
Smith Mikhail
Seller's Agent
Matt Forcum
Shelby Realty Services
Buyer's Agent
Ryan Dallas
Ryan Dallas Real Estate
List Price
$199,900
Sold Price
$168,000
Premium/Discount to List
-$31,900
-15.96%
Views
56
Current Estimated Value
$184,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,018
Avg. Annual Appreciation
4.99%
Original Mortgage
$98,000
Outstanding Balance
$71,879
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$114,951

Purchase Details

Closed on
Dec 11, 2007
Bought by
Prosser Timothy L
Source: Public Records

Range of Values:

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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
Smith Mikhail $168,000 First Il Title Grp
Prosser Timothy L $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Mikhail $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $168,000 0.0% $121 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/10/2023 04/10/23 Off Market $168,000 -- --
03/20/2023 03/20/23 Price Changed $179,000 -3.2% $129 / Sq Ft
02/13/2023 02/13/23 Price Changed $185,000 -7.5% $133 / Sq Ft
12/03/2022 12/03/22 For Sale $199,900 -- $144 / 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 $2,791 $44,030 $9,179 $34,851
2023 $3,022 $40,265 $8,394 $31,871
2022 $2,851 $36,678 $7,646 $29,032
2021 $2,778 $34,995 $7,295 $27,700
2020 $2,867 $34,995 $7,295 $27,700
2019 $2,867 $34,995 $7,295 $27,700
2018 $2,836 $32,499 $6,775 $25,724
2017 -- $32,499 $6,775 $25,724
2016 -- $32,499 $6,775 $25,724
2015 -- $32,499 $6,775 $25,724
2014 -- $32,499 $6,775 $25,724
2013 -- $32,499 $6,775 $25,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11682419

Midwest Real Estate Data (MRED)

APN: 0417-03-00-100-002