NOT LISTED FOR SALE

9554 S Lost Horizon Ct Hanover, IL 61041

Estimated Value: $82,983

8 Acres
$10,598 Price per Acre
341,075 Sq Ft Lot

Last Sold December 06, 2022

Last sale price $69,000

Est. 20% increase in value since last sale

Current estimated payment $555/month

81 Days on Market

Highlights

  • 7.83 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • River Ridge Middle School Rated 9+

About This Lot

As of December 2022

Beautiful 7.83 +/- acre property located just south of Hanover with big mature timber and both residential and recreational opportunities. A maintained grass lane exits off of the dead end cul de sac and leads back to an open meadow area and perfect campsite location that has three existing structures-two that serve as sleeping bunks and another as a storage shed for all of your camping supplies. A generator has been used to power up the campsite and utility power is available at the lot line at the end of the cul de sac as well. The remaining acreage outside of the campsite is big hardwood timber with impressive, mature Walnut and Oak trees. The topography of the property slopes down from the campsite towards the south. This property offers excellent deer, turkey, small game, and morel mushroom hunting as it is surrounded in all directions by large timber and ag fields. The recreational opportunities do not end within the boundaries of the property either, as it is just a short drive to the Mississippi River, several public hunting and hiking destinations, Chestnut Mountain Ski Resort and Downtown Galena. As part of the original Big Horizon Subdivision, the property is eligible for construction of a single family residence and would be an excellent, private location for a homesite surrounded by nature. There is no HOA fee or governing body for the subdivision, however an original set of covenants and restrictions was created when the development was established. If you are in the market for the perfect weekend getaway property or private homesite, schedule your private viewing today!

Last Agent to Sell the Property

BRANDON BEYER

JIM SULLIVAN REALTY License #471021761 Listed on: 08/31/2022

Last Buyer's Agent

BRANDON BEYER

JIM SULLIVAN REALTY License #471021761 Listed on: 08/31/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $910

Lot Details

  • 7.83 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Outdoor Features

  • Outbuilding

Schools

  • River Ridge Elementary And Middle School
  • River Ridge High School

Property Details

Property Type

Land

Est. Annual Taxes

$910

Lot Details

0

Listing Details

  • Class: LAND
  • Front: 430
  • General Features: Out Building(s)
  • Grid: Jo Daviess County
  • Legal Description: S23 & S26 T26N R2E BIG HORIZON SUB. LOT 8
  • Lot Acreage: 7.83
  • Lvt Date: 08/31/2022
  • Rear: 700
  • Type: Land
  • Buildable Lot: Yes
  • Side L: 485
  • Side R: 815
  • Agent Only_ L A1 User Code: F_61028
  • Elementary School: River Ridge
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Beautiful 7.83 +/- acre property located just south of Hanover with big mature timber and both residential and recreational opportunities. A maintained grass lane exits off of the dead end cul de sac and leads back to an open meadow area and perfect campsite location that has three existing structures-two that serve as sleeping bunks and another as a storage shed for all of your camping supplies. A generator has been used to power up the campsite and utility power is available at the lot line at the end of the cul de sac as well. The remaining acreage outside of the campsite is big hardwood timber with impressive, mature Walnut and Oak trees. The topography of the property slopes down from the campsite towards the south. This property offers excellent deer, turkey, small game, and morel mushroom hunting as it is surrounded in all directions by large timber and ag fields. The recreational opportunities do not end within the boundaries of the property either, as it is just a short drive to the Mississippi River, several public hunting and hiking destinations, Chestnut Mountain Ski Resort and Downtown Galena. As part of the original Big Horizon Subdivision, the property is eligible for construction of a single family residence and would be an excellent, private location for a homesite surrounded by nature. There is no HOA fee or governing body for the subdivision, however an original set of covenants and restrictions was created when the development was established. If you are in the market for the perfect weekend getaway property or private homesite, schedule your private viewing today!
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478012972
  • S O1 Brokerage Number: 478012972
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • School District: River Ridge
  • Elementary School: River Ridge
  • Middle School: River Ridge
  • High School: River Ridge

Lot Info

  • Topography: Rolling
  • Land Features: Wooded
  • Timber Acres: 7.83

Tax Info

  • Year: 2021
  • Taxes: 910

MLS Schools

  • HighSchool: River Ridge
  • School District: River Ridge
  • Middle School: River Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Dec 2, 2022
Sold by
Schiddell William E and Schiddell Doretta A
Bought by
Steines Brian
Seller's Agent
BRANDON BEYER
JIM SULLIVAN REALTY
Buyer's Agent
BRANDON BEYER
JIM SULLIVAN REALTY
List Price
$79,900
Sold Price
$69,000
Premium/Discount to List
-$10,900
-13.64%
Views
3
Current Estimated Value
$82,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,983
Avg. Annual Appreciation
5.41%
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
Steines Brian $69,000 Security First Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $69,000 -13.6% --
11/20/2022 11/20/22 Pending -- -- --
08/31/2022 08/31/22 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 $1,159 $18,314 $18,314 $0
2023 $1,080 $15,814 $15,814 $0
2022 $1,080 $13,049 $13,049 $0
2021 $911 $11,541 $11,541 $0
2020 $883 $10,790 $10,790 $0
2019 $867 $10,790 $10,790 $0
2018 $850 $10,790 $10,790 $0
2017 $845 $10,897 $10,897 $0
2016 $834 $10,897 $10,897 $0
2015 $838 $10,897 $10,897 $0
2014 $795 $10,897 $10,897 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202205829

NorthWest Illinois Alliance of REALTORS®

APN: 09-000-416-08